In this post, we have thrilling updates about the Hedera platform that will amaze you! The latest data from Messari’s L1 Q1 report has revealed an astounding 489% Quarter-on-Quarter (QoQ) revenue growth for Hedera, marking a significant milestone for this decentralized powerhouse. The surge in revenue can be attributed to the increased utilization of the Hedera Consensus Service, benefiting both Web2 and Web3 applications, including supply chain tracking and vote tallying in Decentralized Autonomous Organizations (DAOs).
In addition to this impressive growth, we want to introduce you to the new Hedera plugin for ChatGPT. This innovative tool allows for swift account balance queries, acting as a perfect companion to network explorers and mirror nodes while continuously evolving with improved functionalities.
But that’s not all! Hedera has achieved another significant milestone – processing over 13 BILLION mainnet transactions. They owe this achievement to a dedicated community of supporters whose unwavering commitment is priceless.
Hedera is a public, decentralized, open-source ledger that leverages a proof-of-stake mechanism and employs a leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hash graph consensus algorithm. Equipped with a performance-optimized Ethereum Virtual Machine (EVM) for smart contracts and complemented by user-friendly APIs for native tokenization and consensus services, Hedera empowers developers to build web3 applications and ecosystems in real-time – the kind that will shape the internet’s future.
In contrast to other blockchain platforms, Hedera stands out due to its high throughput, quick finality, and consistent, low-cost fees. It ensures fair transaction sequencing with consensus timestamps. Hedera boasts a sturdy codebase that guarantees scalability and dependability across all layers of its network infrastructure. The leading global organizations that govern Hedera ensure the network is immune to collusion, underlining its commitment to responsible governance.
In the fast-paced world of AI, Web3, and blockchain, our multi-agent system, Brains, holds immense potential to enhance Hedera’s capabilities in this domain. Brains could significantly contribute to Hedera’s development within the blockchain sphere through its array of useful functionalities:
- Streamlining the Buying Process: Brains’ Unique Value Proposition lies in its ability to demystify purchasing tokens and NFTs. Eliminating technical barriers broadens blockchain’s reach, making it accessible to a wider spectrum of users, including those without a crypto wallet. This simplification could drive the adoption of Hedera’s platform by reducing complexity for new users.
- Social Media Integration: Brains can facilitate the sale of tokens and NFTs directly on popular social media platforms like Instagram, dramatically broadening the potential user base. This integration could enable Hedera to tap into vast social media networks, expanding its reach and impact.
- Community Building: Brains’ Token-based Marketing Agent allows users to engage with exclusive content, experiences, or merchandise, fostering a sense of community and loyalty. It could help Hedera build and nurture a vibrant and engaged community of users.
- Integrated Affiliate and Loyalty System: Brains’ integrated affiliate and loyalty system offers user growth and engagement incentives, helping navigate social media platforms’ advertising restrictions. It could enable Hedera to grow its user base organically and foster greater user engagement.
The collaboration between Hedera and Brains has the power to unleash boundless possibilities. Together, we can revolutionize the Web3 space and shape the future of AI and blockchain.
