Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, introduced Harshinals in an X post on Monday. The team said Harshinals are Hedera’s highly scalable answer to Ordinals.
Leveraging the HCS and HTS, Hashinals enable decentralized and verifiable NFT metadata management, fully on-chain. Usually, NFT metadata includes the NFT's file name, description, and information - it is the fabric of any NFT. Historically, this metadata has been stored off the native chain that the NFTs were minted on to preserve network efficiency.
However, Harshinals stores metadata on-chain, reducing the need for third-party file storage providers. This enables the network to be self-reliant, reducing points of failure, and in turn, helping to ensure the longevity and integrity of digital assets on the network, the HBAR Foundation added.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.1086 at press time, down by 4% over the last 24 hours.
