What is HashNET? HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.
Huobi Pool Token (HPT) is an ecological sub-token based on Huobi Token (HT). A total of approximately 10 billion HPTs are issued by Huobi Pool, and the targets include HT holders, community users of Huobi Pool and others. As a subsidiary brand of Huobi Group, Huobi Pool is an important component of Huobi’s ecological strategies worldwide. Putting forward the innovative idea of 'mining is mining', it covers POS, DPOS, POW and other consensus mechanisms. HPT holders can fully participate in the future development of Huobi Pool, and get airdropped rewards and share the growing value of Huobi Pool by participating in mining on a daily basis.