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Olá pessoal!
We have a special BCR episode today with Yan Martins, who is one of the co-founders of Hathor Labs — which is responsible for the development of the Hathor Network.
Recorded onsite at Web Summit Rio, Yan and I discuss the origins of this homegrown Brazilian Layer 1 blockchain project and how it combines the scalability of a Directed Acyclic Graph (DAG) with the security and immutability of a traditional blockchain.
Who’s using this novel platform? Brazil’s B3 stock exchange elected to use Hathor as the infrastructure for its inaugural tokenization project. Also, Vortx QR Tokenizadora is also using the network for its tokenization projects currently operating inside the regulatory sandbox run by the CVM — Brazil’s securities regulator.
Key Takeaways from this conversation:
Hathor's innovative architecture utilizes a DAG for transactions and a traditional blockchain for blocks, enabling greater scalability without sacrificing decentralization.
The network leverages the same mining algorithm as Bitcoin, allowing for merge mining and tapping into Bitcoin's vast mining infrastructure for enhanced security.
Hathor focuses on making blockchain technology more accessible by simplifying tokenization, NFT creation, and other common use cases for developers and enterprises.
The project has seen successful real-world implementations, including a tokenized bond platform approved by Brazil's CVM sandbox.
Hathor’s go-to-market strategy is to cater to 80% of blockchain use cases by providing 20% of the most essential features in a user-friendly and cost-effective manner.
The network avoids compromising decentralization for scalability, ensuring that anyone with a laptop can join the network as a node.
Hathor's merge mining capability with Bitcoin provides a sustainable and novel approach to securing the network.
The upcoming EVM bridge and the introduction of "nano contracts" (simplified smart contracts) are expected to unlock new potential and attract a wider range of projects to the ecosystem.
The project is focused on onboarding traditional developers and enterprises to Web3, making blockchain technology more accessible and easier to integrate.
As Hathor continues to gain traction and expand its global presence, this episode offers valuable insights into the project's unique approach, achievements, and future roadmap.
I really enjoyed this conversation with Yan and I hope you do as well. You can connect with him on Linkedin.
Have a great week everyone,
- AWS
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