$HBAR is the native token of the Hedera Hashgraph network, a decentralized platform that sets itself apart from other traditional blockchains. While most cryptocurrencies, such as Bitcoin and Ethereum, use a blockchain system, Hedera is based on a technology called Hashgraph, which promises to be faster, more secure and more efficient.
The Technology Behind Hedera Hashgraph
Hashgraph is a type of algorithm that ensures consensus more efficiently and faster than conventional blockchains. Hedera’s biggest advantage is its ability to process thousands of transactions per second with extremely low latency, making it ideal for commercial and enterprise applications. Additionally, Hashgraph uses less energy than many blockchains, making HBAR a greener alternative for digital transactions.