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Hedera Hashgraph (HBAR) is the native cryptocurrency of the Hedera network, a decentralized public ledger designed to provide high-speed, low-cost transactions. Unlike traditional blockchains, Hedera uses a unique consensus algorithm called Hashgraph, which is designed to be faster and more secure than typical blockchain technology.
Hedera focuses on three main pillars:
1. Scalability: The network can handle a high volume of transactions, making it suitable for enterprise use.
2. Security: It utilizes a form of asynchronous Byzantine Fault Tolerance (aBFT) to ensure the integrity of its transactions.
3. Fairness: Transactions are processed in a fair, predictable order.
HBAR is used to pay for transaction fees on the Hedera network and can also be staked to participate in network governance. The project is often seen as an alternative to traditional blockchain systems, with its unique features and enterprise adoption potential.
#HBARUSD $HBAR
Hedera focuses on three main pillars:
1. Scalability: The network can handle a high volume of transactions, making it suitable for enterprise use.
2. Security: It utilizes a form of asynchronous Byzantine Fault Tolerance (aBFT) to ensure the integrity of its transactions.
3. Fairness: Transactions are processed in a fair, predictable order.
HBAR is used to pay for transaction fees on the Hedera network and can also be staked to participate in network governance. The project is often seen as an alternative to traditional blockchain systems, with its unique features and enterprise adoption potential.
#HBARUSD $HBAR
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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