Hedera (HBAR) Cryptocurrency — Rate, Hashgraph Technology Overview and Applications

Hedera HBAR

Cryptocurrency · Layer 1 · launched in 2019

№28of 40 004

$0.0770
Price −3.01%
$3.46 billion
Capitalization
$51.56 million
Volume over 24 hours
0.13%
Dominance
VolumePrice, $

Order book data is delayed and for informational purposes only.

About the coin

Circulating supply
44.33 billion HBAR
Total supply
50 billion HBAR
Maximum supply
50 billion HBAR
Fully diluted capitalization
$3.91 billion
24h high
$0.0800
24h low
$0.0757

Hedera (HBAR) is a decentralized public enterprise-grade network that uses Hashgraph technology (directed acyclic graph) instead of traditional blockchain. The project was launched in 2019 and is governed by a unique Council of Directors, which includes major global giants such as Google, IBM, and Dell.

The unique consensus architecture provides throughput of over 10,000 transactions per second with instant confirmation and fixed predictable fee costs. The native HBAR coin is used to pay for network services, protect the ecosystem through Proof-of-Stake staking, and operate decentralized applications (dApps).

Additional information

Project website  Whitepaper  Block explorer 

Coins issued 44.33 billion of 50 billion HBAR
88.65% of the maximum supply 5.67 billion HBAR left to mine

FAQ

  • Hedera is a decentralized public enterprise-grade network designed for running smart contracts, decentralized applications (dApps), and secure data exchange. The project is focused on meeting the needs of large businesses, offering unprecedented speed, predictable fees, and high regulatory compliance.

  • Instead of a linear blockchain structure (where blocks are arranged strictly one after another), Hedera uses a directed acyclic graph (DAG) technology called Hashgraph. Information is transmitted between nodes using the Gossip-about-Gossip protocol and virtual voting. This enables processing over 10,000 transactions per second in parallel, without the risk of network forks.

  • The network is governed by the Hedera Governing Council, consisting of 39 major global corporations and universities distributed across different countries and industries. These include technology and financial giants such as Google, IBM, Dell, Boeing, LG, Ubisoft, Standard Bank, and others. Each member has an equal vote in decisions regarding code updates and platform economics.

  • Hashgraph consensus is mathematically proven to be asynchronously Byzantine fault-tolerant (aBFT). This is the highest theoretically possible security level for distributed systems. The network can correctly confirm transactions and protect data from cyberattacks, even if a third of the nodes become malicious or faulty.

  • The native HBAR coin serves two key functions: it acts as fuel for paying network services and transaction fees (with Hedera commission costs fixed in US dollars but paid in HBAR), and is used in the Proof-of-Stake staking mechanism. Validators and regular users delegate their coins to secure the network and receive regular rewards in return.

This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.