HBAR
Hedera Hashgraph
$0.09279
3.57%
Hedera Hashgraph
HBAR
$0.09279
3.57%
Hedera Hashgraph Price Converter
Hedera Hashgraph Information
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About Hedera Hashgraph
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.
Hedera Hashgraph was created by a team of technology and finance experts led by co-founders Dr. Leemon Baird and Mance Harmon. As of May 1, 2022, they have transitioned to Swirlds Labs, a newly established entity partially owned by Swirlds, where they will continue to participate in the Hedera ecosystem as Swirlds’ representatives to the Hedera Governing Council. Dr. Baird is an award-winning cryptographer and computer scientist who co-founded the company Swirlds in 2015 to commercialize Hashgraph, the consensus algorithm at the heart of the Hedera network. Mance Harmon is a serial entrepreneur, engineer, and technologist who has held C-level and executive positions at various technology companies. Together, they have over 40 years of combined experience in technology, finance, and cryptography.
