Hedera Hashgraph is a decentralized public ledger that utilizes the asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm to provide fast, secure, and low-cost transactions with finality in seconds. It enables developers to build scalable decentralized applications while addressing the inefficiencies and high costs associated with traditional blockchain networks.
Funding
$140.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Web3 applications often lack user-friendly naming conventions, requiring users to interact with complex and difficult-to-remember alphanumeric wallet addresses. This complexity hinders adoption and creates a barrier to entry for new users unfamiliar with blockchain technology.
Solution
Hashgraph.name (HNS) provides a naming service on the Hedera network that allows users to register human-readable domain names (NFTs) that can be linked to Hedera account IDs. These names serve as a digital identity within the Hedera ecosystem, simplifying transactions and enhancing user experience across dApps. By offering a user-friendly alternative to complex wallet addresses, HNS aims to make Web3 interactions more accessible and intuitive.
Target Audience
The primary target audience includes Hedera users, dApp developers, and projects seeking to enhance user experience and simplify interactions within the Hedera ecosystem.
Features
- Registration of .hbar, .boo, and .cream NFT domains
- Integration with HashPack and Kabila wallets via HashConnect
- Tradeable domain names on Hedera NFT exchanges
- Minting of TLDs without duplicates
- API wrapper with integrations with the resolution SDK
- Compatibility with popular Hedera wallets
- Ability to create subdomains and assign ownership