$HBAR
why i buy back all of my hbar
Hedera (HBAR) – Full Details
1. Introduction to Hedera (HBAR)
Hedera Hashgraph (HBAR) is a high-performance, enterprise-grade public network that supports fast, secure, and low-cost decentralized applications (dApps). Unlike traditional blockchains, Hedera uses Hashgraph consensus, which provides greater speed, fairness, and efficiency.
HBAR is the native cryptocurrency of the Hedera network, used for transaction fees, staking, and network security.
2. Key Features of Hedera (HBAR)
High Throughput: Handles up to 10,000 transactions per second (TPS).
Low Fees: Transactions cost less than $0.001, making it ideal for microtransactions.
Energy Efficient: Uses Proof-of-Stake (PoS) and consumes much less energy than Bitcoin or Ethereum.
Fair & Secure: Transactions are timestamped and resistant to manipulation.
Enterprise Adoption: Used by companies like Google, IBM, LG, and Boeing.
3. How Hedera (HBAR) Works
Transactions Are Submitted: Users send transactions to the network.
Hashgraph Consensus Processes Data: The system reaches agreement without mining.
Finalization & Confirmation: Transactions are finalized in 3-5 seconds.
4. Market Performance & Tokenomics
Total Supply: 50 billion HBAR tokens.
Circulating Supply: Around 33 billion HBAR.
Use Cases: Payments, DeFi, smart contracts, NFTs, and enterprise applications.
5. Use Cases of Hedera (HBAR)
DeFi & Payments: Supports low-cost transactions for financial applications.
NFTs & Tokenization: Offers fast and affordable minting of digital assets.
Enterprise Blockchain Solutions: Used for supply chain tracking, identity verification, and data security.
Gaming & Metaverse: Hedera’s speed makes it ideal for Web3 gaming and virtual economies.
6. Security & Decentralization
Governing Council: Managed by global companies like Google, IBM, and Deutsche Telekom.
Byzantine Fault Tolerant (BFT): Makes the network resistant to attacks.
No Forking: Transactions are final, preventing splits like Bitcoin or Ethereum forks.