Steven D. McKie: The Name Economy has shaken up (Our Network)
Posted: Sat Feb 27, 2021 3:37 am
Some great analysis in the "Our Network" substack on HNS by Steve McKie.
Check it out here: https://ournetwork.substack.com/p/our-n ... -60-part-2
".....And finally, as with any healthy and spry public blockchain, our mining ecosystem maintains a full bill of health as well. Mining difficulty has soared and surpassed over 1 billion in network difficulty. With the combined network hashrate reaching nearly 8 petahashes, we’ve seen roughly a 100% growth since our last update. HNS is now producing nearly $100k+ daily in block rewards, surpassing the daily security of chains almost 2-7x its marketcap. If price follows security, and the Handshake ecosystem continues this parabolic growth pattern with its core use case, what may emerge could be one of the most impressive creations of wealth we’ve seen in crypto thus far as the New Internet finally emerges right in front of us. The DWeb is ripe for innovation, and we stand at the precipice of sweeping change.
Check it out here: https://ournetwork.substack.com/p/our-n ... -60-part-2
".....And finally, as with any healthy and spry public blockchain, our mining ecosystem maintains a full bill of health as well. Mining difficulty has soared and surpassed over 1 billion in network difficulty. With the combined network hashrate reaching nearly 8 petahashes, we’ve seen roughly a 100% growth since our last update. HNS is now producing nearly $100k+ daily in block rewards, surpassing the daily security of chains almost 2-7x its marketcap. If price follows security, and the Handshake ecosystem continues this parabolic growth pattern with its core use case, what may emerge could be one of the most impressive creations of wealth we’ve seen in crypto thus far as the New Internet finally emerges right in front of us. The DWeb is ripe for innovation, and we stand at the precipice of sweeping change.