Hedera Hashgraph uses hashgraph consensus for rapid, low-cost transactions and secure real-time applications. More
Fully Diluted Valuation | $11.80B |
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24H Trading Volume | $212.13M |
24H Low / High | $0.23 / $ 0.24 |
Circulating Supply | 42.39 B |
Total Supply | 50.00 B |
Max Supply | 50.00 B |
Categories | Smart Contract Platform 8 more |
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Founder | Dr. Leemon Baird 1 more |
Website | hedera.com 1 more |
Socials | 7 more |
Explorer | Lworks 5 more |
Name | Pair | OG Score |
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Hedera Hashgraph is a distributed ledger technology (DLT) that diverges from traditional blockchains. Utilizing a consensus algorithm called hashgraph, it aims to process transactions more efficiently than Proof-of-Work (PoW) networks. Unlike blockchain, it employs a unique structure where nodes communicate to achieve consensus without traditional mining.
At its core is the HBAR cryptocurrency, used for transactions and network security. It offers fast transaction finality, low fees, and aims to cater to various applications like DeFi, gaming, and digital identity.
Hedera Hashgraph, established through an ICO in 2018, functions on a proof-of-stake (PoS) model, aiming to enhance transaction efficiency and network security. It introduces services like Consensus Service (HCS) and Hedera Token Service (HTS) while supporting smart contracts similar to Ethereum's EVM. Hedera Hashgraph offers SDKs in most popular coding languages, like C#, Java, Python, and, Go.
Driven by a governing council of global organizations, universities, and enterprises, Hedera maintains an open-source ecosystem and aims to be a high-throughput, low-cost, and highly scalable solution for real-time web applications.
The innovative Hedera Hashgraph differs from traditional blockchains, leveraging hashgraph consensus, aiming for efficiency, security, and real-time applications while being governed by a diverse, decentralized council.
Hedera stands out for its Hashgraph consensus algorithm, which allows for fast transaction finality, low fees, and scalability without traditional mining. Its governance by a diverse council of global organizations is another unique aspect.
Hedera Hashgraph was founded by Dr. Leemon Baird and Mance Harmon.
Hedera Hashgraph is backed by a council of global organizations, universities, and enterprises serving as governing members, also Digital Currency Group is their backer.
Hedera uses the hashgraph consensus algorithm, where nodes communicate to achieve consensus without mining, enhancing efficiency and security.
You can buy Hedera (HBAR) on Binance, OKX, BitgetGate.ioBybit cryptocurrency exchanges.
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