The decentralized economy’s enterprise-grade public network Headra Hashgraph today announced an upgrade to its Smart Contract Service, which will soon give developers speed and scalability to the Headra Token Service (HTS) for fungus and non-fungible tokens. Fast, low fees, and industry-quality solidity with smart contract flexibility.
This upgrade will include the HyperLaser Besu EVM and a unique virtual Merkel data structure, so that state changes in the header network can be handled more efficiently, as well as a new and highly efficient database for state storage. These innovations enable new uses that are too slow and costly to work well on existing smart-contract-based platforms.
“Smart-contract-based applications are strengthening an ecosystem of users, capital and applications today, driving trillions of dollars in economic activity. If they can be ordered faster and more measurable.With these improvements, we are enabling a larger and growing ecosystem of millions of solidity and viper developers to make solidity contracts extremely fast and highly scalable.
– Atul Mahamuni, SVP of Hedara Products
Since its launch in February 2021, the Headra Token Service (HTS) has seen widespread adoption in apps using both fungi and non-fungible tokens (NFT). Providing HTS users the ability to issue and configure tokens on the Hedera platform, Hedera has the ability to handle thousands of transactions per second, taking advantage of the local performance, security, stability and governance of hash graphs.
With the improvement of the Header Smart Contract service – which will be scalable to hundreds of transactions per second and final and low, predictable fees – developers will be able to enable the programmability of those tokens, enabling DFI and other applications based on certain steps or requirements. Payment. Smart contracts are only referred to as a requirement, not a normal transfer time, providing the most flexible way to take advantage of HTS’s local speed and gain programmability.