What is Hedera?
Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).
Essential details:
- It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face such as slow performance and instability.
- HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
- Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
- Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
- Maximum supply of 5,000,000,000 HBAR
Whitepaper: https://hedera.com/papers
Website: https://hedera.com/
