Just to remind all of the viewers, can you sort of describe what HBAR is because Hashgraph has just
taken off like a rocket? You know, for a while you could buy it at a penny. Take us through,
let the viewers know what it is first. Sure, no, that great place to start and we call those one
centers, the people that were buying the very bottom back in January of 2020. But Hedera
is a layer one network. It uses something called Hashgraph, which was invented by Dr.
Lehman Baird. He's one of the founders of Hedera. And it has a lot of attributes that make it
pretty special in the crypto space. And they created this public network around it. But not
just that, they also wanted to have the proper governance. So to layer on top of incredible
speeds so we can process 10,000 transactions per second, but it's throttled down to that.
We can actually handle many tens of thousands of transactions per second. And with sharding,
which is already designed to do as soon as we get to state proofs, it's going to be able to
unlimited scale. Yeah, it's infinitely scalable. Exactly. Exactly. And then it has the gold
standard of security and asynchronous Byzantine fault tolerance. It also has fair ordering. So
you don't have to worry about front running, which we see an awful lot of in the rest
of the crypto space. They call it NEV Maximum Extractable Value. But they also wanted to have
proper governance. So they didn't just want a group of developers or just on chain governance or
something like that. They wanted to have the biggest users of the network governing the
network. So they wanted to establish something called the Hedera Governing Council. And when
Manson Lehman, the two founders were dreaming this up, they said, well, we want to have,
we want to make this network fit for purpose for enterprise use cases, mission critical
enterprise use cases. And if we can meet the needs of them, we can meet the needs of everyone.
So let's go find some enterprises to help us govern this network. And so they wanted Fortune
500 level entities throughout the world on different continents and in different industries
to be able to govern the network. So when they first said this, people thought they were a little
bit crazy. But now we're down the line and we have 32 of these council members. They include
Google, Deutsche Telecom, IBM, Nomura, you can go pretty much all around the world. We have 32 of them.