What is Hedera Hashgraph (HBAR)?

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Hedera Hashgraph is a next-generation blockchain designed to meet the rising demand of blockchain solutions. Its unique approach utilizes hashgraph consensus, a faster, secure alternative to proof-of-work consensus mechanisms. It works efficiently to verify transactions on the Hedera network while ensuring the highest security standard to prevent malicious attacks.

Hedera’s native network cryptocurrency is HBAR and it’s used as network fuel to pay for transaction fees and for in-application payment and micropayment business models. It’s also used for network protection, as Hedera Hashgraph is a proof-of-stake network.

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