Hedera Hashgraph Price & Charts


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What Is Hedera Hashgraph ?

Hedera Hashgraph is built on distributed ledger technology like blockchain. It operates on a graph-like structure where all the nodes share information with each other. Hedera Hashgraph is an open source that enables developers build Hedera Hashgraph applications. Such applications are secure with real-time consensus.

Hedera Hashgraph supports three services- Smart Contracts, File Storage and cryptocurrency. The smart contracts are immutable even though it faces bug issues most times, faces design flaws and erratic behavior in certain ways.

Their communication is based on building a graph of connections. Transactions are implemented without the involvement of third parties.

We have Hedera Consensus Service available on the Hedera Mainnet. This helps developers to develop ordered events for any application and verifiable time-stamps.

Hedera is very useful in developing vital tools for the processing of signing transactions and creating private/public key pairs.

 

 

 

 

Why Hedera Hashgraph

Verifiable Timestamps:  Hedera Hashgraph enables users to know when specific actions took place and their order in applications.

Tamper-Proof: Hedera Hashgraph ensures data integrity, data are protected so that, there won’t be discrepancies in data.

Real-Time Analysis: Thousands are users want to view data in split-seconds. The Hedera Hashgraph consensus ensures quick transactions of data taking place in its platforms.

Auditable:  Applications are verified easily in Hedera to ascertain its authenticity.

Enterprise-Grade Security: The Hedera Hashgraph offers the highest grade of security using asynchronous Byzantine fault tolerant (ABFT) consensus in its distributed ledger.

Identity Standards: Hedera Hashgraph ensures credentials are managed professionally and they’re identifiable. Standard procedures are maintained in a privacy-respecting manner.

 

Team of Hedera Hashgraph (HBAR)

Hedera Hashgraph is made up of experienced team members drawn from various fields of endeavors. The team is led by Mance Harmon -Co-Founder and CEO. Mr. Mance Harmon is a serial entrepreneur and has managed many start-ups in the past.

Other members of the team Include:

Dr. Leemon Baird – Co-Founder and Chief Scientist

Natalie Grunfeld Furman   -she is the General Counsel

Lionel Chocron  – he is the Chief Product Officer

Christian Hasker – he is the Chief Marketing Officer

Mehernosh (Nosh) Mody   – SVP, ENGINEERING

Atul Mahamuni   – SVP, PRODUCT

And others, you can get the detailed profile from the website

Use Cases of Hedera Hashgraph

  • Hedera Hashgraph is used for data compliance
  • Hedera Hashgraph is used for auditing of data.
  • Hedera Hashgraph (HBAR) tokens are used for trading in various exchanges.
  • Hedera Hashgraph (HBAR) tokens used for payment of services in its ecosystem.
  • Hedera Hashgraph (HBAR) is used for fraud mitigation.

 

Mining of Hedera Hashgraph (HBAR)

It uses Hashgraph to mine HBAR tokens. Hashgraph has higher efficiency when compared to Proof of Work (PoW) .It uses staking mechanism to mine tokens.

Staking involves buying of cryptocurrency tokens and holding for a specific time. The user must stake coins in the wallet for the running of the network and get rewarded with cryptocurrency tokens.

Notes for Investors

It has been a progressive journey for Hedera Hashgraph (HBAR) in the cryptocurrency space, having being in the steady rise in the crypto market since its launch.

Hedera Hashgraph (HBAR) is presently trading at a unit price of $0.033619 USD, the market cap stands at a value of $178,583,018 USD and the circulating supply is 5,311,965,106 HBAR. It’s presently ranks 65th in the cryptocurrency market.

Hedera Hashgraph (HBAR) would never be considered a bad investment option considering the above statistics.

Quick Disclaimer:

This report is not in anyway, recommending Hedera Hashgraph (HBAR) for investment. The crypto market is presently experiencing instability and it’s quite unpredictable. Please, consider this publication informational, just to educate readers.