Hbar coin refers to Hedera Hashgraph (HBAR), a decentralized, open-source blockchain platform and cryptocurrency. Here are some key points about Hedera Hashgraph (HBAR):
*Overview
*Hedera Hashgraph (HBAR) is a cryptocurrency token used for transaction fees, governance, and incentivizing network participants.
*Hedera Hashgraph is a decentralized, open-source blockchain platform that enables fast, secure, and scalable transactions.
*Tokenomics
*Total supply: 50 billion HBAR
*Circulating supply: around 10 billion HBAR
*Token type: Native token (not ERC-20)
*Use Cases
*Payment for transaction fees on Hedera Hashgraph
*Governance and voting rights
*Incentivizing developers and users
*Decentralized finance (DeFi) protocols
*Gaming and social media platforms
*Hedera Hashgraph Ecosystem
*Decentralized, open-source blockchain platform
*Utilizes a hashgraph consensus algorithm, which is a type of proof-of-stake (PoS) algorithm
*Supports smart contracts and decentralized applications (dApps)
*Partnerships
*Hedera Hashgraph has partnered with various organizations and projects in the blockchain, DeFi, and tech spaces, including:
- IBM
- Nomura
- Samsung
*Unique Features
*Hashgraph consensus algorithm, which provides fast and secure transactions
*Decentralized governance and staking mechanism
*High transaction throughput
*Current Price
*You can check the current price of HBAR on various cryptocurrency websites and platforms, such as CoinMarket$HBAR