What is Hedera Hashgraph (HBAR)?

Hedera Hashgraph is designed to be a fairer, more efficient system that alleviates the limitations of older blockchain platforms - particularly slow performance and instability.
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What is Hedera Hashgraph (HBAR)?

HBAR is the native token of the Hedera public network. They are used for decentralized applications (dApps) and to secure the network from malicious parties.

HBAR’s uses are bipartite: firstly, HBAR is used to power Hedera services such as conventional transactions, smart contracts, or to store files. Secondly, HBAR is used to secure the network through its consensus mechanism.
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Hashgraph

Unlike traditional blockchains, HBAR is built upon a completely different type of distributed ledger, known as a Hashgraph.

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Perkembangan

HBAR’s use of a Hashgraph allows it to significantly improve the speed, cost and scalability of its network. As an example, transactions have an average fee of under $0.0001USD, network confirmation times of under five seconds, and throughput for 10,000 transactions per second.

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Security of Network

HBAR uses a novel variation of proof-of-stake (PoS) where HBAR users can stake their resources to protect the network. Currently, Hedera nodes are managed by Hedera and governing council members, but there are plans to switch to a permissionless system in the future.

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Decentralized applications
(dApps)

HBAR’s speed and security allow applications and services that use a public ledger greater transparency and trust. This opens up new frontiers, such as a media consumption service paying artists directly, or an ad network without intermediaries.