The United States-based, globally reputed cryptocurrency exchange, Bittrex has announced the listing of its highly anticipated project, Hedera Hashgraph, on its platform.
Carved out as the brainwork of Dr. Leemon Baird, Hedera Hashgraph ($HBAR) will be made available for the trading purpose for Bittrex U.S customers as well as users belonging to other parts of the world.
The announcement made by the crypto exchange revealed that the platform would initiate accepting deposits from customers on Monday, September 16, 2019, at 00:00 UTC / 17:00 PDT. Interested clients will enjoy trading of an array of crypto pairs including HBAR/BTC, HBAR/ETH, HBAR/USDT, and HBAR/USD on the following day, i.e., September 17, 2019, at 09:00 UTC/ 02:00 PDT.
Bittrex also clarified that there might occur some probable changes in the time schedules allotted for trading because of the market conditions or network issues.
Earlier in August this year, Hedera Hashgraph stated that it is gearing up to open its mainnet beta for the public through an event named Open Access. During the official announcement, it was revealed that from September 16, 2019, any potential developer could create an account on Hedera’s platform and initiate the building of dApps.
Another highlight mention of the announcement was of Hedera initiating the 15-year distribution schedule of its popular HBAR tokens to customers as a part of its $124 million initial SAFT token offering.
About Hedera Hashgraph:
Hedera is a well-known decentralized public network which blesses the users with a digital experience like no other platform. It allows the users to utilize cyberspace chain to trade, play, and connect socially in a reliable, secure, and entrusted framework.
Hedera Hashgraph caters to the requirements of every venture, be it a startup or an enterprise, a provider or a consumer, to the best of its capabilities by taking one step ahead to create fast, secure, and streamlined applications for the developers.
A distributed ledger technology, Hashgraph, was developed by the co-founder and CTO of Swirlds, Leemon Baird in the year 2016. It is formulated as an asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm that works efficiently to safeguard the platform from illicit attacks. As the technology uses directed acyclic graphs or the gossip about gossip protocol, facilitating transactions in a sequence rather than blocks, it does not require miners for validation of transactions. Any changes made to the account by the user are tracked by timestamps.