Hedera Hashgraph (HBAR)

Hedera Hashgraph (HBAR) is a public network enabling individuals and companies to transfer funds and operate applications with high speed, low cost, and enhanced security. Unlike traditional blockchains, this system utilizes a unique architecture known as a hashgraph. This design allows the network to validate thousands of transactions per second while maintaining predictable fees. HBAR serves as the native utility token, facilitating transaction payments and contributing to network security.

Technology and Consensus

• The network functions as a shared ledger accessible to the public without single-point control.
• Transactions are processed faster than older blockchains by avoiding sequential block confirmation.
• Consensus is achieved through a "gossip about gossip" mechanism, where information propagates rapidly across the network.
• Each message carries data that helps the system reach agreement on transaction history quickly.

First recorded in 2019, the protocol has a maximum supply cap of 1,000,000,000 HBAR. The technology aims to provide a scalable infrastructure for digital assets, distinguishing itself from linear blockchain models by utilizing a directed acyclic graph structure to optimize throughput and latency.