Question 1

What is HTR?

Accepted Answer

HTR is the native utility token of Hathor Network. It is both the unit used to charge for network services and part of the mining economy through block rewards; the fact that ordinary balance transfers are free does not mean that all on-chain operations are free. Scenarios requiring HTR payments include creating or minting tokens, storing on-chain data, and creating and executing contracts. Therefore, HTR's utility is related to the extent to which these services are used on the network, rather than to staking validation.

Question 2

What are the characteristics of Hathor Network's ledger structure?

Accepted Answer

Hathor treats both transactions and blocks as vertices in a directed acyclic graph (DAG), rather than placing transactions inside blocks: each transaction references two earlier transactions; each block references the previous block and two transactions. The chain formed by blocks serves as security checkpoints within this DAG, combining the longest-chain rule based on accumulated work to reach consensus. This structure is intended to let transaction relationships expand in parallel while retaining the security provided by blockchain checkpoints; it is not merely a simple juxtaposition of a DAG and an unrelated blockchain.

Question 3

How does the HTR network reach consensus through mining?

Accepted Answer

Hathor uses proof of work and the blockchain rule with the greatest accumulated work; a block is produced approximately every 30 seconds on average, and difficulty is adjusted once every 134 blocks on average. Both blocks and transactions must complete mining work before being validated by full nodes and added to the ledger. Transaction mining serves an anti-spam purpose, requiring a small amount of work but providing no economic reward; block mining is incentivized by block rewards. Hathor blocks can be merge-mined with Bitcoin, allowing mining pools to reuse computational work used for Bitcoin mining to participate in producing Hathor blocks at the same time.

Question 4

What network fees are required to use HTR?

Accepted Answer

The network fee for transferring tokens between wallets or contracts is zero; however, creating or minting fungible tokens, NFTs, and writing on-chain data incur HTR costs according to the specifications. On-chain data costs 0.01 HTR per data output; a single output can hold up to approximately 30–31 KiB of data, and the fee is burned. The specification for token creation and minting is 0.01 HTR per minting unit; when the corresponding token is melted, that HTR can be redeemed. The fee schedule for contract creation and execution is still marked as to be defined in the project documentation, with the documented allocation being 70% burned and 30% to blueprint developers. Therefore, the zero fee for ordinary transfers cannot be extrapolated to these services.

Question 5

How is HTR issued and brought into circulation?

Accepted Answer

HTR supply has two distinct sources: the genesis block defined a pre-mine of 1 billion HTR, held in wallets controlled by Hathor Labs and released into circulation gradually according to its release plan; another portion comes from block mining rewards. The total pre-mine does not equal the circulating quantity. Under its current wording, the official system specifications state a reward of 8 HTR for each mined block, with no further halvings planned. Rewards belong to whoever successfully mines a valid block; simply holding HTR does not automatically obtain these block rewards through locking or delegation.

Question 6

Can holding HTR earn staking rewards?

Accepted Answer

HTR does not use a model in which stakers produce blocks and receive validation rewards; the network uses proof of work, and its economic block rewards correspond to mining valid blocks. Therefore, merely holding HTR does not constitute eligibility for protocol-level staking validation. If a third-party service offers returns under the label of “staking,” that is the service's own product arrangement and should not be confused with Hathor protocol PoW block rewards; control of funds, the source of returns, and exit conditions should be confirmed separately.

Question 7

How many confirmations are needed for an HTR transfer?

Accepted Answer

Like Bitcoin, Hathor transaction finality is probabilistic rather than irreversible immediately after a transaction is broadcast. The official specifications state that one block confirmation is usually sufficient for low-value transfers; for high-value transactions, the recipient should determine the number of blocks to wait for. The specifications further state that chain reorganizations are nearly impossible after 6 blocks. An average of approximately 30 seconds per block is only an estimate of waiting time under normal network conditions; whether to accept a transaction should still be determined according to the amount, the counterparty's risk-control requirements, and network conditions.

Question 8

What is the smallest unit of HTR?

Accepted Answer

The smallest unit of HTR is 0.01, meaning amounts retain two decimal places; Hathor's custom fungible tokens follow the same precision standard. This definition determines the smallest balance and fee increment representable by the protocol, but it does not determine how an exchange or wallet interface displays amounts. When calculating fees or constructing transactions, 0.01 HTR should be used as the smallest available unit rather than assuming support for additional decimal places.

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