$HBAR Hey Brazilians, I selected complete material about the currency, in it you will have everything you need to understand its functionalities, differences from current technologies, the project's management body and its mission. Soon I will post some interesting agreements that have occurred in the last few days:
PART: 1 of 5
What is Hedera (HBAR)?
Unlike traditional blockchain, in Hedera's Hashgraph engine, groups of network computers (nodes) work in parallel to allow connections to be verified simultaneously using a random structure.
The constant battle to meet the needs of decentralization, security and scalability, or processing speed, is an old problem with cryptocurrencies.
Therefore, the Hedera team chose to build a network focused on real use cases, including areas of healthcare, logistics and financial services (DeFi). At the center of this ecosystem is the Hedera cryptocurrency (HBAR).
What is Hedera Hashgraph?
Hedera Hashgraph is an algorithm that uses a distributed data ledger technology (DLT) that offers a new differentiated approach, focused on agility and security. This is possible through its asynchronous fault tolerance (aBFT) algorithm backed by mathematical proofs.
The use of blockchain tends to result in high transaction costs or processing bottlenecks. The protocol used by Hedera, called “Hashgraph Gossip”, was designed to combine security and agility. The Hashgraph algorithm is free from “Proof of Work”, reducing the energy demand for validating transactions as much as possible...
(Continue in the next post)
