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Hedera HBAR |
BUY
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$0.0894061 |
0.47 % (24h) |
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Marketcap |
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$3,871,593,514 |
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Volume 24h |
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$65,098,856 |
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Description
Hedera (HBAR) is a public network that uses the unique "Hashgraph" consensus algorithm instead of a traditional blockchain to achieve high speed and security. It is governed by a council of world-leading organizations, such as Google and IBM, ensuring a level of enterprise-grade stability and compliance. The HBAR token is used to pay for network services, such as smart contract execution and file storage, and to secure the network through staking. With its ability to process over 10,000 transactions per second with near-instant finality, Hedera is a leading choice for large-scale industrial and commercial applications.