$HBAR R is the ticker symbol for the Hedera Hashgraph cryptocurrency Hedera Hashgraph is a decentralized public network designed to provide fast secure and scalable solutions for enterprise grade applications Unlike traditional blockchain technologies Hedera uses a unique consensus algorithm called Hashgraph which aims to offer greater performance and efficiency
Some key features of include
1 High Throughput Hedera is designed to handle thousands of transactions per second making it highly scalable
2 Low Fees Transaction costs on the Hedera network are relatively low compared to other networks
3 The Hashgraph algorithm aims to offer asynchronous Byzantine Fault Tolerance which is one of the highest levels of security in distributed networks
4 Hedera is governed by a council of global organizations including major corporations like Google IBM and Boeing helping to ensure decentralization and stability
The native token of the Hedera network is used for transaction fees network security and staking It can also be traded on various cryptocurrency exchanges
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