Hedera Hashgraph To The Moon, Literally: HBAR Partnering With Elon Musk’s SpaceX
Hedera Hashgraph (HBAR)
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looks set to become the first cryptocurrency to enter Space. Hedera’s partner in the Decentralized Recovery (DeRec) Alliance, Charles Hoskinson, visited Elon Musk’s SpaceX HQ in Hawthorne, California, yesterday.
Following the Cardano founder’s visit, Swiss national television quickly reported that WISkey and SpaceX will send HBAR to space in January.
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Hedera’s Technology A Leading Factor In SpaceX’s Decision As The Blockchain Can Reportedly Process Trillions Of Transactions Per Second
HBAR was likely chosen due to its cutting-edge technology. According to experts, Hedera provides revolutionary solutions to all the challenges that come with older blockchain technologies.
Reportedly, Hedera can facilitate trillions of transactions per second compared to Ethereum’s 12-15 transactions per second (TPS).
Meanwhile, Hedera can operate at this astonishing level of TPS while allegedly consuming 970,000,000x less energy than Ethereum. This could mark a huge breakthrough for satellite-to-satellite payment networks while subjecting transactions across Earth and space to a significant transformation.
WISeKey CEO Speaks On Joint Partnership That Will See HBAR Become The First Cryptocurrency In Space
WISeKey CEO, Carlos Moreira, confirmed the news in a post on X. He said, “We’re thrilled to share that our upcoming WISeSat.Space satellite launch in January with SpaceX has been featured by Swiss Radio Television (@RadioTeleSuisse)! This groundbreaking mission, powered by WISeKey’s cutting-edge security and Hedera technology, will take innovation to new heights.”
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“The next-generation satellite will achieve a world-first: testing the exchange of SEALCOIN directly from space as a proof of concept. This is a major leap forward in secure satellite communication and blockchain integration with @hedera @The_Hashgraph, paving the way for the future of space-based digital cryptocurrency transactions,” Moreira added.
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More HBAR News: Hedera Hashgraph Board Member In The Running To Replace Gary Gensler As SEC Chair
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Former CEO of Binance US Brian Brooks is a candidate to replace outgoing SEC Chair Gary Gensler. Following Donald Trump’s campaign promise to ‘fire Gary on day one,’ Gensler issued a statement last week, with many speculating that it was a farewell letter.
The unpopular figure will likely leave on his own terms rather than face public humiliation at the hands of the incoming President Trump.
Over the weekend, Fox News aired a graphic showing potential candidates for Gensler’s role, including Brian Brooks. Brooks was previously nominated twice by Donald Trump for a five-year term as Comptroller of the Currency: once during the 116th Congress and once during the 117th Congress.
Now Brooks is being touted as a top candidate for the job, as Trump is building a cabinet full of the brightest minds in America, all with a pro-crypto stance.
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BONUS: Freedum Fighters (DUM) Nears $600,000 In Presale Funding
FreeDum Fighters is close to raising over $600K in presale, offering its users a chance to stake tokens, engage in debates, and earn rewards in the growing PolitiFi sector.
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The FreeDum Fighters project has gained significant momentum following the US Presidential Election at the beginning of this month. Following Donald Trump’s emphatic win and fueled by the ongoing popularity of MAGA-themed tokens, FreeDum Fighters has become one of the most sought-after projects in the PolitiFi sector.
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