Hedera (HBAR) is a cryptocurrency that powers the Hedera Hashgraph platform, which utilizes a leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm ¹. This platform allows individuals and businesses to create powerful decentralized applications (DApps) with near real-time consensus, high throughput, low fees, and energy efficiency ².$HBAR
*Key Statistics:*
- _Market Capitalization:_ $2.32 billion ²
- _Circulating Supply:_ 37.6 billion HBAR ²
- _Total Supply:_ 50 billion HBAR ²
- _All-Time High:_ $0.5692 (September 15, 2021) ³
- _All-Time Low:_ $0.009861 (January 2, 2020) ³
HBAR has a dual role within the Hedera public network. It's used to pay for network services, such as smart contracts, file storage, and transactions, and to help secure the network through staking ². The Hedera network is governed by a decentralized council of leading enterprises, universities, and web3 projects from around the world ¹.
*Use Cases:*
- _DeFi:_ Decentralized finance applications, such as lending platforms and stablecoins
- _Gaming:_ Online gaming platforms with secure and transparent transactions
- _Supply Chain Management:_ Tracking assets across a supply chain with immutable and verifiable logs
You can buy HBAR on centralized crypto exchanges like Bybit, Coinbase, and Upbit ³. Would you like to know more about Hedera's technology or its potential use cases?