Price statistics HBAR
How much is Hedera Hashgraph (price hbar) now?
The current 2024.12.22 06:07 value of Hedera Hashgraph (hbar) against USD is 0.248901.
Where can I buy or trade Hedera Hashgraph (hbar)?
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How much was Hedera Hashgraph worth at the peak of the market?
Hedera Hashgraph was worth the maximum :price :date
What was the minimum cost of Hedera Hashgraph?
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Hedera Hashgraph price today is $0.248901 with a daily trading volume of 917026866. We update our Hedera Hashgraph price to USD in real time. Hedera Hashgraph has changed to -10.00426% in the last 24 hours. The current CoinLiq rating is #22 with a market cap of $9492828307.
What is Hedera Hashgraph?
How does Hedera Hashgraph differ from a blockchain?
- Structure: Blockchains arrange data into linear blocks. Hedera's hashgraph uses a woven, branching structure for its data records.
- Speed: Hedera boasts transaction speeds in the hundreds of thousands per second, far outpacing typical blockchains.
- Consensus: Hedera uses the asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm, ensuring fairness and preventing network manipulation.
What are the primary uses of Hedera Hashgraph?
- Decentralized Applications (dApps): Hedera provides a platform for developers to create a wide range of dApps.
- Micropayments: Low fees and fast speeds make Hedera ideal for micropayments.
- Digital Identity: Hedera can support secure and verifiable digital identity solutions.
- Supply Chain Management: Provides transparency and traceability within complex supply chains.
- Gaming and Metaverse: Allows for smooth in-game economies and ownership of digital assets.
What is HBAR?
HBAR is the native cryptocurrency of the Hedera Hashgraph network.
Uses:
- Paying for network services (transaction fees, file storage, smart contracts)
- Securing the network through proof-of-stake
- Participating in network governance
Storing:
HBAR can be stored in:
- Exchange wallets (convenient but less secure)
- Software wallets (e.g., Exodus, Atomic Wallet)
- Hardware wallets (e.g., Ledger, Trezor) – the most secure option
What are the key benefits of using Hedera?
- Speed: Transaction finality reached within seconds.
- Scalability: Ability to handle hundreds of thousands of transactions per second.
- Security: aBFT consensus protects from malicious actors.
- Fairness: Hashgraph prevents any single entity from manipulating transaction order.
- Stability: Fixed, predictable transaction fees.
- Governance: Managed by a diverse governing council made up of leading global organizations.
- Energy Efficiency: Environmentally conscious, using minimal energy.
Who governs the Hedera Network?
- The Hedera Governing Council consists of up to 39 highly reputable organizations from diverse industries and locations.
- Members include Google, IBM, Boeing, Deutsche Telekom, LG, and others.
- The council oversees network decisions and software development.
What are the Hedera network services?
- Consensus Service: Facilitates timestamping and ordering of transactions.
- Smart Contract Service: Enables the execution of programmable logic on the network.
- File Service: Provides distributed file storage.
- Token Service: Allows creation and management of native fungible and non-fungible tokens (NFTs).
Who founded Hedera Hashgraph?
- Dr. Leemon Baird – Inventor of the hashgraph algorithm, co-founder and Chief Scientist.
- Mance Harmon – Co-founder and CEO.
When was Hedera Hashgraph created?
The technology was developed over several years, with Swirlds, the company behind Hedera, founded in 2015. The Hedera network went live in 2019.