What is Hedera Hashgraph (HBAR) Coin
Billed as the “trust layer of the internet,” Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps). It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing. The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it’s used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
- Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.
- The project relies on Hashgraph, an asynchronous Byzantine Fault Tolerant (aBFT) algorithm, invented by CTO Dr. Leemon Baird, to achieve network consensus.
- It features 10,000 TPS, transaction fee ~$0.0001, and a 3-5 second finality for confirmations.
- The HBAR token is used for staking, as well as multiple services in the network.
How To Buy Hedera Hashgraph (HBAR) Coin
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How Much is a Hedera Hashgraph (HBAR) Coin
Hedera Hashgraph (HBAR) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Hedera Hashgraph (HBAR) Coin Review
You can learn more about Hedera Hashgraph (HBAR) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://www.hedera.com/ Whitepaper https://hedera.com/hh-hbar-coin-economics-paper-060320-v6.pdf Github https://github.com/hashgraph Medium https://medium.com/hashgraph Documentation https://hedera.com/hbar Telegram https://t.me/hederahashgraph Discord https://hedera.com/discord Youtube https://www.youtube.com/hederahashgraph