$HBAR HBAR Coin, full name Hedera Hashgraph Coin, is the native token of the Hedera Hashgraph network. Below is some basic information and uses about HBAR Coin:
• Basic Information:
• Circulation: 33,678,813,527.133 HBAR.
• Total Supply: 50,000,000,000 HBAR.
• Circulating Market Cap: 3,598,851,491.583.
• Fully Diluted Market Cap: 5,342,901,240.69.
• Technical Features:
• Hedera Hashgraph is a public distributed ledger technology built on blockchain and directed acyclic graph (DAG) technology, driven by Hashgraph consensus, offering high levels of security, lightning-fast transaction speeds, and low bandwidth consumption.
• Uses:
• Transaction Fees: HBAR is used to pay the transaction fees required for any transactions conducted on the Hedera Hashgraph network, ensuring the continuity and proper functioning of the network.
• Network Security: HBAR users can contribute to the security of the Hedera Hashgraph network by staking their tokens; staking tokens ensures that transactions on the network are verified and maintains the integrity of the network.
• Smart Contracts and File Storage: HBAR is required for utilizing platform features such as executing smart contracts and file storage operations, enabling developers and users to more easily build their applications and solutions on the Hedera network.
• Micro Payments: With its low cost and fast transaction capability, HBAR allows for micro payments, which is particularly useful for paying for digital content and services.
• Network Participation and Governance: HBAR holders can indirectly participate in the governance and decision-making processes of the network; the governance model of Hedera Hashgraph plays an important role in shaping the future direction and development of the platform.
As a core component of the Hedera Hashgraph network, HBAR Coin is not only used to pay transaction fees, but also involves multiple aspects such as network security, smart contract execution, and file storage, making it an important tool for the realization of network functions.
