The HBAR currency is the native digital currency of the Hedera Hashgraph project, which is a protocol that provides technology for storing and transferring information without the control of central authorities. This project is based on a distributed ledger (DTL) and aims to compete with blockchain technology by ensuring security and high performance without sacrificing decentralization.
*Features of HBAR currency* #HBARUSDT
- *Security*: HBAR currency is highly secure thanks to the use of a consensus mechanism resistant to DDos attacks.
- *Performance*: It features high speed with extremely low costs, with transaction fees around $0.0001 for a regular transaction.
- *Governance*: The governance model of Hedera Hashgraph consists of two parts: the governing council model and the consensus model.
- *Scalability*: Hashgraph has managed to combat the scalability issue faced by blockchain technology.
*Information about HBAR currency*
- *Current price*: The price of HBAR currency is approximately $0.17.
- *Market cap*: The market cap of HBAR currency is approximately $7.15 billion.
- *Total supply*: The total supply of HBAR digital currencies is estimated to be 50,000,000,000 HBAR ¹ ².
*Uses of HBAR currency$HBAR
- *Cost payments*: HBAR currency is used to pay all costs incurred from using the platform.
- *Encouraging responsible usage*: HBAR is intended to serve as a unit of value to incentivize responsible usage and management of the platform.