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What is Hedera Hashgraph?


* Hedera is a distributed ledger technology (DLT) and uses a variant of the Proof-of-Stake (PoS) mechanism to achieve consensus.
* Unlike traditional blockchains, it uses a new consensus algorithm called Hashgraph. This algorithm enables high transaction speeds (over 10,000 TPS), low transaction fees (around $0.0001 USD), and low energy consumption (around 0.00017 kWh per transaction).
* It has an open-source and decentralized structure.
* It is governed by a Governing Council consisting of world-leading organizations that govern the network. This council has equal voting rights on the decisions of the network and the platform. In the future, it is aimed to open nodes to everyone.
What is HBAR?
* HBAR is the native cryptocurrency of the Hedera Hashgraph network.
* It is used to pay transaction fees on the network.
* HBAR holders can contribute to the security of the network by staking their tokens and potentially earn rewards.
* Maximum supply is capped at 50 billion. This entire supply was issued prior to the network’s mainnet launch in 2018 and is released into circulation on a 15-year release schedule.
* Current Circulating Supply: Approximately 42.24 Billion HBAR (as of May 09, 2025).
Fundamental Data (as of May 09, 2025):
* Current Price (average): Around $0.19 - $0.20 USD.
* Market Cap: Around $8.1B - $8.6B USD.
* 24-Hour Trading Volume: Around $124M - $264M USD.
* All-Time High Price: $0.5692 - $0.576 USD (September 2021).
* All-Time Low: $0.00914 - $0.009861 USD (December 2019 - January 2020).
HBAR Token Economics (Tokenomics):
* Fixed total supply (50 billion HBAR) creates scarcity and offers potential for long-term value growth.
* Token distribution is made to areas such as ecosystem development, founders, investors, and the Hedera Treasury.
* HBAR is used in network fees, staking, and future governance processes.
* Staking mechanism allows HBAR holders to earn rewards by participating in the network's consensus process.
Whitepaper:
* There are various whitepapers that contain the technical details, vision, and roadmap of Hedera Hashgraph. Some of them are:
* Hedera: A Public Hashgraph: It is the basic technical whitepaper.
* Hedera MiCA White Paper: A whitepaper prepared by the LCX exchange for compliance with the European Union's Crypto Asset Markets Regulation (MiCA).
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