Hedera Hashgraph is a decentralized Layer 1 network that leverages the hashgraph consensus algorithm to deliver fast, low-cost transactions and secure real-time applications. More
Fully Diluted Valuation | $8.04B |
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24H Trading Volume | $327.81M |
24H Low / High | $0.16 / $ 0.18 |
Circulating Supply | 42.41B |
Total Supply | 50.00B |
Max Supply | 50.00B |
Categories | Smart Contract Platform 8 more |
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Founder | Dr. Leemon Baird 1 more |
Website | hedera.com 2 more |
Socials | 7 more |
Explorer | Lworks 5 more |
Name | Pair | OG Score |
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Hedera $HBAR, conceptualized by Dr. Leemon Baird and launched in 2018, emerged as a transformative blockchain network built on the proprietary Hashgraph consensus algorithm. The project is governed by Hedera’s Governing Council, composed of leading enterprises across multiple sectors, ensuring neutrality and decentralization in decision-making. Hedera $HBAR has reached milestones including over ten billion transactions and becoming a widely used network for enterprise-grade decentralized applications (dApps).
At the core of Hedera $HBAR is the Hashgraph consensus algorithm. Unlike traditional blockchains, it leverages Directed Acyclic Graph (DAG) structures to achieve asynchronous Byzantine Fault Tolerance (aBFT), delivering high throughput, low latency, and robust security.
Core technical features include:
Scalability: Capable of processing over 10,000 transactions per second.
Low Energy Consumption: Highly energy-efficient compared to conventional blockchains.
Fairness and Ordering: Ensures fair transaction sequencing and resilience against malicious actors.
Native Services: Supports tokenization, data storage, and smart contracts, enabling diverse use cases.
Hedera $HBAR has been adopted by enterprises, developers, and public-sector organizations:
Supply Chain Management: Platforms like Avery Dennison’s “atma.io” track millions of items efficiently.
Carbon Emission Accountability: Enterprises use Hedera $HBAR’s ledger for carbon credit tracking and emission reporting.
Decentralized Finance (DeFi): Supports payment gateways, asset tokenization, and other DeFi functionalities.
Public Services: South Korea’s Ministry of ICT uses Hedera $HBAR to enhance transparency in public data management.
$HBAR serves as both a utility and governance token:
Utility: Used for transaction fees and staking to secure the network and earn rewards.
Scarce Supply: Total supply capped at 50 billion tokens, with a portion reserved for ecosystem growth.
Demand Drivers: High transaction volume, enterprise adoption, and staking activities drive token demand.
Hedera $HBAR benefits from a robust developer and user community. The Governing Council, including Google, IBM, and Boeing, ensures decentralization and stability. Strategic collaborations across finance, healthcare, and digital identity validate its reliability for enterprise applications.
Hedera $HBAR released an improved developer toolkit for easier dApp deployment and introduced sustainability features for real-time carbon tracking. Partnerships in tokenized asset platforms further reinforce its position in the blockchain ecosystem.
Hedera $HBAR is a next-generation distributed ledger optimized for scalability, security, and efficiency. Its advanced technical features, real-world applications, structured tokenomics, and strategic partnerships establish it as a leading platform in the evolving blockchain landscape.
Hedera’s Governing Council oversees network decisions, ensuring decentralization and neutrality through multinational members like Google, Boeing, and IBM.
Hedera $HBAR is energy-efficient, consuming significantly less power than conventional blockchains and supporting transparent carbon emission tracking.
HTS enables the creation and management of fungible and non-fungible tokens (NFTs) without smart contracts, ensuring scalability and cost efficiency.
Hedera $HBAR’s ledger allows enterprises to track, tokenize, and report carbon credits and emissions in a transparent manner.
It offers rapid transactions, low fees, and integrations for payments, asset tokenization, and liquidity networks.
Industries including supply chain, finance, healthcare, and public services use Hedera $HBAR for secure, efficient, and scalable applications.
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, Gate.ioBitgetMEXCBybit cryptocurrency exchanges.