Hedera Hashgraph, also known as Hedera, is a distributed ledger (DLT) platform based on Hashgraph technology. It was created to provide a convenient, secure and fast way to transfer data and digital assets between network participants. HBAR is an internal Hedera Hashgraph cryptocurrency used to pay transaction and storage fees.Hedera Hashgraph was founded in 2018 with the aim of creating a technology platform that would ensure security and scalability.
It uses a new consensus technology called "Asynchronous Generalized Consensus" (AGC), which ensures the security and speed of transactions. Hedera Hashgraph can process up to 10,000 transactions per second, which significantly exceeds the performance of Bitcoin and Ethereum.One of the main advantages of Hedera Hashgraph is network security.
The AGC consensus algorithm provides a high degree of security due to the fact that it uses time smoothing and voting mechanisms to ensure that all network participants receive a consistent and accurate version of the data.Hedera also has a wide range of functionality and many applications developed on its blockchain platform.
It supports multilingual development, which means that developers can create applications in any programming language, which makes the platform more accessible and convenient to work with.HBAR has a great potential for use in various industries such as finance, logistics, healthcare, government and many others.
It can be used to create digital assets such as digital dollars, manage and track shipments, create digital health records, and more. In addition, the platform can be used to create decentralized applications (dApps) and infrastructure for the Internet of Things (IoT).HBAR is also an object of interest for investors and traders.
Cryptocurrency is available on many major exchanges, such as Binance, Kraken and Bitfinex, which ensures its liquidity and availability for trading. In addition, Hedera Hashgraph has strong partners such as IBM, Boeing and Google Cloud, which indicates the potential of the technology and the trust in it from the corporate world.Hedera recently announced the launch of its new product - Hedera Token Service (HTS).
HTS allows companies and entrepreneurs to create their own tokens on this platform and use them for exchange, settlements, asset management and even for voting. This product can attract a large number of new users and companies to the Hedera platform and increase the demand for the HBAR cryptocurrency.