Exchange Hedera Hashgraph (HBAR)

Hedera is a sustainable enterprise-grade public network for a decentralized economy that allows individuals and businesses to create powerful decentralized apps (dApps). It was designed with the goal of being a more fair and efficient network that will eliminate the main issues blockchains faced: slow performance and instability. 

Hedera Hashgraph is another type of decentralized ledger technology different from the blockchain. It is considered a generation 3 blockchain, even though it is built on top of the technology known as hashgraph. It is a Proof-of-Stake public network powered by the hashgraph consensus mechanism, which allows it to provide the highest level of security possible as per the official website. 

The Hashgraph consensus consists of 39 highly diversified organizations that span 11 industries. They are involved in governing the platform, in particular in deciding the future of the platform and securing the network. The nodes are managed by the Hedera itself or the governing council members, but it will be changed to a permissionless system in the near future. 

The project gets as close as possible to solving a blockchain trilemma and offers security, low bandwidth consumption, low fees (around $0.00001 per transaction), and finality in seconds (not more than 5 seconds). The Hedera also claims to process around 10000 transactions per second. 

It was founded in August 2018 through Initial Coin Offering (ICO), where the native coin of the project was available at the lowest price. The project went live on its mainnet a year later in September 2019, but the economical WhitePaper was published in June 2020. The founders of Hedera Hashgraph are Dr. Leemon Baird and Mance Harmon. Dr. Leemon Baird has a lot of experience in the industry and has been serving as a senior research scientist as well as co-founded another crypto-company focused on dApps creation. Harmon at the same time got more experience in business and has been an executive in the big companies in the IT industry. 

The Hedera Hashgraph offers several network services, such as the possibility to easily mint fungible and non-fungible tokens, a consensus server that can be used as a layer of trust for any application or network that needs a secure and verifiable log of events, smart contract tools for building powerful and efficient dApps, decentralized file storage service that has features such as proof-of-deletion, controlled mutability, and time-based file expiry. 

There are already many projects that utilize HBAR technology. It also has over a million accounts on Mainnet and processes around 1 million transactions daily.  

HBAR is a native energy-efficient cryptocurrency of Hedera that powers a decentralized economy. It serves as a fuel that powers all the services on the network, including smart contracts, file storage, and regular transactions. It can also be staked to secure the network and get rewarded for it. 

The HBAR token has a maximum supply of 50 billion coins. As of August 2022, over 21 billion tokens are in current circulation. Hedera claims that each of its two owners has 2 billion tokens, that are vested for 6 years. 

The HBAR token can be purchased on most of the biggest and well-known exchanges, including Binance, Huobi, and Bittrex.