What’s Hathor made of?
Scalable and secure without compromises
Hathor Network's novel architecture is based on concepts from both directed acyclic graph (DAG) and blockchain technologies combined.
New transactions confirm previous ones, forming a DAG. Each transaction has its own proof-of-work which is solved by the issuer before propagating the transactions in the network.
As in the case of Bitcoin, miners find new blocks which form a blockchain inside the DAG. Blocks collect newly-generated tokens and confirm all the transactions in the DAG.
At the heart of Hathor's consensus is Proof-of-Work, in which miners compete to solve a mathematical puzzle and get rewarded to secure the network.
Bitcoin is currently the most secure blockchain network, with the most computational power protecting its ledger. Hathor can piggy-back on the Bitcoin network of miners by using what is known as merged mining.
Miners can mine BTC and HTR simultaneously, with the same hardware and with no additional efforts. This allowed the network to grow the computational power that protects it.