Hedera Hashgraph (HBAR) is a distributed ledger technology platform that offers an alternative to traditional blockchains, standing out for its efficiency, speed, and security.
Unlike blockchains that group transactions into blocks, Hedera uses a consensus algorithm called a hashgraph, which allows more transactions to be processed more cheaply.
Main features:
High Scalability: Hedera can process up to 10,000 transactions per second, significantly outperforming many other distributed ledger platforms.
Low fees: Transactions on the network have minimal costs, making it easy to use in everyday applications.
Fast Completion: Transactions are confirmed in less than 5 seconds, providing an efficient user experience.
Utilities:
Decentralized Application Development (dApps): Provides a robust platform for building applications across a variety of industries, including decentralized finance (DeFi) and non-fungible tokens (NFTs).
Smart contracts: Allows the execution of contracts that are automatically activated when predefined conditions are met, facilitating automated and secure processes.
Fast and cost-effective transactions: Facilitates efficient value transfers, with fast confirmation times and reduced costs, improving the user experience in financial and commercial applications.
Whitepaper:
The original Hedera Hashgraph whitepaper is available on their official website.
Hedera (HBAR) annual price evolution:
Here is a list of the approximate price of HBAR at the end of each year since its launch:
2019: $0.01
2020: $0.03
2021: $0.25
2022: $0.05
2023: $0.10
2024: $0.12 (as of November 21)
* It is perfectly feasible to study and combine it if you consider that the project has a future *
