Hathor Network Launches NFT Feature on Hathor Desktop Wallet

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George Town, Cayman Islands – (Newsfile Corp. – December 14, 2021) – Hathor Network, a next-generation blockchain protocol, has announced the launch of the NFT feature on its desktop wallet. This development is expected to drive adoption of NFTs within its rapidly evolving ecosystem.

Hathor

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NFT Now Available on Hathor Network Desktop Wallet

Hathor revealed that the launch of the NFT feature on its desktop wallet was in response to the growing demand for NFT in the crypto world. NFTs have become the crazy trend in recent months and Hathor wanted to make sure that users could easily hit and trade NFTs on his popular desktop wallet.

To further help users create NFTs on his desktop wallet, Hathor has published a guide on his Middle page which informs users of the entire process. Additionally, an NFT section has been added to the Desktop Wallet where users can view the NFTs that have been typed.

Hathor further said he will release a new version of the mobile wallet with advanced features where users can send and view NFTs. Users can start creating their NFTs by downloading the Hathor office wallet.

Hathor has developed an innovative blockchain architecture

Hathor has developed a highly scalable protocol by combining two consumer technologies Directed Acyclic Graph (DAG) and blockchain technology. DAG is different from the standard blockchain because it helps link transactions and increases energy efficiency, thereby reducing transaction costs.

In this way, the capacity of smart contracts is extended beyond conventional use and transactions can be initiated for free while the underlying blockchain secures the network. Hathor also rolled out merged mining, allowing more than one crypto to be mined via Proof-of-Work consensus.

Hathor can be mined alongside Bitcoin which is an added incentive for miners as they don’t need to spend on additional mining rigs and can use their existing mining setup. Hathor can tap into an existing and established mining ecosystem to secure its blockchain with merged mining. In addition, miners are also encouraged to provide security for the Hathor network at no additional cost for their current bitcoin mining operations.

Hathor’s blockchain architecture has been used to create several innovative solutions, including the NFT 9Block and Dropull platforms. Other platforms on Hathor include AfferoFlow, Databoi, Anubians, EON, and WorkAxle. The Hathor team is also building a decentralized HathorSwap exchange that will serve as a dedicated DeFi platform.

About the Hathor network

Hathor Network is a new PoW-based distributed ledger architecture using both interwoven DAG and blockchain data structures. Its unique network design resolves significant bottlenecks by considering scalability, usability and decentralization, preventing widespread adoption of the technology.

Hathor Network has been on Mainnet since January 2020, experiencing exponential growth in the number of custom tokens, active wallets, and mining hash rate.

For more information, please visit our Website, Twitter, Discord, and Telegram channel.

Media contact:
CEO’s name: Yan Martins
Email: yan@hathor.network
Company: Hathor Labs (Hathor Network)
Country: Cayman Island

Address:
Hathor Laboratories
238 North Church Street
Whitehall Chambers, 2nd Floor, Whitehall House
George Town KY1-1206
Cayman Islands

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107566


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