The live Hedera (HBAR) price is 0.170881, with a 24 hours Blynex trading volume of 226.86 M. The price of Hedera changed by 4.9% in the past 24 hours. With a circulating supply of 42.22 B HBAR and a maximum supply of 50 B HBAR coins. Hedera currently ranks #18 in market cap. You have the option to purchase Hedera (HBAR) on the Blynex exchange.
Date of Issue: 15.09.2019
Hedera (HBAR) is a public decentralized network designed for the decentralized economy....
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24H Value
226.86 M
Market Cap(USD)
7.21 B
Circulating
42.22 B
Total Supply
50 B
(HBAR) Hedera Live Price Data
About Hedera (HBAR)
Hedera (HBAR) is a public decentralized network designed for the decentralized economy. Buying HBAR on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Hedera (HBAR).
What is Hedera (HBAR)?
Hedera (HBAR) is a public decentralized network designed for the decentralized economy, offering high-speed and efficient services to individuals and businesses creating decentralized applications (DApps). Positioned as a more sustainable and enterprise-grade platform, Hedera addresses the limitations of older blockchains, such as slow performance and instability, making it an attractive alternative for businesses seeking robust blockchain solutions.
The Hedera Ecosystem
Hedera leverages its native cryptocurrency, HBAR, to power its network. The token serves two main purposes: to facilitate transactions such as smart contracts and file storage, and to secure the network through staking. This dual role is essential to the overall integrity and efficiency of the Hedera platform. By staking HBAR, users help validate transactions and participate in network governance, reinforcing the decentralized nature of Hedera's ecosystem.
Hedera’s Consensus Algorithm
Unlike traditional blockchains that rely on Proof-of-Work (PoW) or newer systems using Proof-of-Stake (PoS), Hedera Hashgraph uses its unique hashgraph consensus algorithm. This algorithm is specifically designed to deliver high throughput, security, and scalability. Hedera’s consensus mechanism allows for faster transaction finality, more efficient transaction validation, and greater protection against cyberattacks than traditional blockchain models.
Hedera’s Governance Model
One of the key features of Hedera is its enterprise governance model, which includes a global governing council comprising major corporations and institutions. This structure helps to ensure that Hedera remains stable, secure, and decentralized, while also providing enterprise adoption and regulatory compliance. The involvement of these high-profile partners ensures trustworthiness and sustainability for the platform's long-term success.
HBAR Token: Utility and Use Cases
HBAR plays a pivotal role in fueling the Hedera network. It is used to pay for transactions and services, such as smart contracts, file storage, and other decentralized operations. Additionally, it can be staked to help secure the network and participate in governance. The Hedera network’s ability to scale with low-cost transactions and its unique consensus model make HBAR an integral part of the decentralized economy and one of the key players in the next-generation blockchain ecosystem.HBAR to local currency
- HBAR to USD0.1620353200
- HBAR to EUR0.1497445300
- HBAR to AUD0.2595802700
- HBAR to KRW238.518
- HBAR to JPY24.278
- HBAR to GBP0.125
- HBAR to INR13.851
- HBAR to CAD0.233
- HBAR to AED0.595
- HBAR to RUB13.573
HBAR to crypto currency
- HBAR to BTC0.0000019601
- HBAR to ETH0.0000887677
- HBAR to USDT0.1620887100
- HBAR to BNB0.0002675918
- HBAR to SOL0.0013013381
- HBAR to XRP0.0777304860
- HBAR to ADA0.2328038900
- HBAR to TRX0.6847949900
- HBAR to LTC0.0019507118
- HBAR to TON0.0393139530
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