Hedera Hashgraph
About Unknown Coin
Hedera Hashgraph is a public, open source, proof-of-stake network created by a team led by co-founders Dr. Leemon Baird and Mance Harmon. HBAR is the native, energy-efficient cryptocurrency of the network, used to pay application transaction fees and protect the network from attack. The network achieves 10,000 HBAR cryptocurrency transactions per second, with transaction fees of around $0.0001 USD. Staking HBAR can earn a maximum of 6.5% APY. Dr. Baird is an award-winning cryptographer and computer scientist who co-founded Swirlds, and Mance Harmon is a serial entrepreneur, engineer, and technologist. They have transitioned to Swirlds Labs, where they will continue to participate in the Hedera ecosystem.
Hedera Hashgraph (HBAR) is the native, energy-efficient cryptocurrency of the public Hedera network. HBAR is used to pay application transaction fees and to protect the network from attack through its proof-of-stake mechanism. HBAR has a fixed total supply of 50 billion coins and is available for purchase on several exchanges. The symbol for HBAR is a lowercase italicized HBAR (ℏ).
HBAR is used to pay fees for network services such as transferring HBAR, minting fungible and non-fungible tokens, calling smart contracts, and logging data. The Hedera proof-of-stake public network, powered by hashgraph consensus, achieves the highest-grade of security possible (ABFT), with blazing-fast transaction speeds and incredibly low bandwidth consumption. HBAR transactions achieve finality, on-ledger, within three to five seconds. The network achieves 10,000 HBAR cryptocurrency transactions per second, with transaction fees of around $0.0001 USD. Staking HBAR to a Hedera network node can earn a maximum of 6.5% APY and will maintain the security of Hedera’s network operations.