What Is Hedera? (HBAR) Complete Guide & Review About Hedera

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What Hedera

Hedera describes itself as a decentralized public network where developers can build secure, fair applications with near real-time consensus. The platform is owned and governed by a council of global members including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.

The Hedera.com Consensus Service (HCS) acts as a trust layer for any application or permissioned network and allows for the creation of an immutable and verifiable log of messages. Application messages are submitted to the Hedera network for consensus, given a trusted timestamp, and fairly ordered. Use HCS to track assets across a supply chain, create auditable logs of events in an advertising platform, or even use it as a decentralized ordering service.

Hedera.com Key Points

Coin Basic Information
Coin Name Hedera.com Cryptocurrency
Short Name HBAR
Circulating Supply6,942,667,258 HBAR
Total Supply50,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Page Click Here To Visit Twitter Group
DocumentationClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Tokens, ready for the world

Tokenized assets offer a new way to create and manage value. With fungible and non-fungible assets businesses can make processes more efficient, reduce costs, and unlock new revenue streams.

The Hedera Token Service makes it easy for developers to manage tokens with scalable performance and predictable cost. All on a reliable network governed by the world’s leading organizations and based on the emerging industry standard Token Taxonomy Framework from the InterWork Alliance.

Scalable tokens

Hedera is the only public ledger that utilizes hashgraph consensus — making token transfers fast, settlement in seconds, and predictable fees at a fraction of 1¢ USD.

Mint in minutes

Create a unique token in just a few lines of code with Hedera SDK support for JavaScript, Java, Go, and other common languages.

Flexible permissions

Tooling and key configurations that meet the needs of common use case requirements — from supply management to flagging accounts for KYC compliance.

Features and functionality

Swap tokens

Perform atomic swaps between tokens on Hedera and hbar.

Compliance Tool

Optional token configurations offer the flexibility to flag account KYC verification, freeze, manage supply, and more.

No Forks

The Hedera.com network has legal protections from forks, better protecting your assets and your users.

Low Latency

No more waiting for block confirmations. The Hedera Token Service reaches finality on transactions within seconds.

Fees

Hedera Cryptocurrency achieves consensus efficiently, saving energy and costs. All transaction fees are fixed, costing less than 1¢ USD per transfer.

A stronger ecosystem

They welcome Hedera community members to contribute to the Hedera network platform and services codebase, developer tools, and more by finding and submitting bugs and vulnerabilities. The entire ecosystem will benefit from the shared efforts in improving the robustness of Hedera’s software and security. All of the markdown files and images are stored in the hashgraph/hedera-docs repository.

Find bugs

Explore Hedera’s network services and developer tools to discover bugs and vulnerabilities. We ask that you follow the rules of engagement while testing.

Submit a report

If you find a bug or vulnerability, then send an email to security@hedera.com with a description of your findings.

Earn hbars

A member of the Hedera.com Cryptocurrency team will reach out for further information. Earnings are determined on a case-by-case basis. There is no cap on the number of hbars you can earn.

Peer-to-peer payments on Hedera

Payment processors and point of sale systems eat away at your margins and can be slow to settle. Hedera lets you break free of legacy payment rail requirements to transfer value in new ways without costly intermediaries.

Settle Instantly

Hbar transactions take seconds to complete, on par with the VISA network–making cryptocurrency a viable option for any type of customer whether in-person or online.

Increase margins

By relying on public ledgers you can drastically reduce your resulting costs to a small, flat fee. Boosting your margins on every transaction.

Unlock Revenue

Low costs make the ability to transact with as little as a fraction of a cent economically viable. Opening new potential experiences and revenue streams.

Media

Media is continously evolving. From ad-based to subscriptions, to the rise of content creators, micro transactions provide opportunity for another extinction or evolution.

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