hashport Announcements
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Worlds of Possibility. ✨

hashport is a public utility that facilitates the movement of digital assets across networks in a quick, secure, and cost effective way.

#HBAR #ETH #MATIC #Avalanche #BNB #Arbitrum #Optimism #Fantom #Cronos #Moonbeam #Aurora
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#TheMoreYouKnow

💡Did you know…

Each participant of our validator swarm contributes in their own unique ways. Our validator #Polygon adds to the integrity from a network perspective. Our recent talk with them explains our collaboration.

Listen here: https://twitter.com/i/spaces/1MnxnkXLaAmKO
What is a dApp?

A #dApp (decentralised application) refers to an application built on #blockchain networks. It operates autonomously with smart contracts, with a vast majority being on #Ethereum.
With hashport, “users gained the ability to migrate digital assets between different DLT networks with security, speed, and economy.”
Weekly review for #hashporters! Let's recap:

◾️ Snapshots from our #dApp Migration series
◾️ Video on how to set up your account to port #digitalassets https://youtu.be/joEObEv-UBw
◾️ Podcast episode on #interoperability with Venly on #Venly Expert Talks https://open.spotify.com/episode/4EFb1UoTmHht4jwkczD1Sf
hashport is a public portal built for the DLT community. Through our collaboration with Dovu and Venly, we provide an easy-to-use storage solution, support additional tokens, and enable users to port DOV between #Ethereum and #Hedera.
#TheMoreYouKnow

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hashport now has a Manual Recovery Feature. If an initial execution is unsuccessful, #hashporters will be able to continue porting by locating the Hedera transaction ID and completing necessary actions.

https://www.app.hashport.network/#/recover
Why is this important?

- You can take advantage of foreign networks’ performance capabilities
- You can create circulating supplies of representative tokens onto multiple foreign networks
Hedera mainnet will be upgraded to v0.23.x on March 10th from 5-7pm UTC.

Please note that #hashport will be unavailable during this time. We recommend making any necessary transactions before or after the scheduled update.

https://status.hedera.com/incidents/4t7h9bl22g0x
For example, a #blockchain-based gaming #dApp built on #Ethereum network may not reach an optimal transaction speed or cost.

With #hashport, a developer can move their tokens to another network with the capabilities they want, in this case, a faster transaction speed and lower cost.
Weekly review for #hashporters! Let's recap:

◾️ Call for suggestions on the next Hedera-based token to be supported
◾️ A review of our Twitter Spaces with Dovu & Venly https://hashport.net/TGDovuSpacesReview
◾️ Video walkthrough for porting $DOV on hashport https://www.youtube.com/watch?v=9vv4fSY3tLE
#TheMoreYouKnow

💡Did you know…

hashport is always open to your suggestions. We would love to hear from you what Hedera based tokens you want to see on hashport. Leave a comment below!

https://twitter.com/HashportNetwork/status/1501203586545381376?s=20&t=6JCNE57hJgpUPzQvTKHZfw
In this episode of hashport Explores, our Director of Business Development, Jesse Whiteside, demonstrates how you can import tokens onto hashport.

Watch the full video here and explore your possibilities. https://youtu.be/_ciF4LH88js
A question for the #Ethereum users:

Which #ERC-20 tokens would you like to port to #Hedera?

Leave a comment below. https://twitter.com/HashportNetwork/status/1503717661183598594?s=20&t=LXIpvFdrMY2H_gmhnxnQMQ
What this means for the DLT landscape?

Users will be better served as #dApps migrate to networks with more desirable performance capabilities —> incumbent networks will be pushed to improve their platforms to retain users —> a positive feedback loop occurs, benefiting the entire DLT ecosystem