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The HBAR Foundation Presents the HSC-20 Standard

Twitter icon  •  Published il y a 1 mois  •  Hassan Maishera

HBAR Foundation, the development team behind the Hedera blockchain, introduced the HSC-20 standard in an X post on Thursday.

HBAR Foundation, the development team behind the Hedera blockchain, introduced the HSC-20 standard in an X post on Thursday. Inspired by BRC-20 on Ordinals, HCS-20 is a standard that defines how points can be managed and audited on Hedera.

HCS-20 points enable businesses to have greater control over point distribution whilst maintaining the benefits of a decentralized public ledger as a transparent and immutable log of transactions.

HCS-20 points also come without the friction of wallets or token associations, increasing the overall UX. Issuers can further opt into a private mode, enabling organizations with the power to oversee all HCS-20 point movements, the team 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 $0.1076 at press time, down by 4% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.