API ID:
hedera-hashgraph
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
HBAR
Coin
50 Billion
Defi, Supply chain, ID
August 2018
Hedera
Hedera (HBAR) is a cryptocurrency that runs on the Hashgraph consensus algorithm, built for fast, fair, and secure transactions. HBAR is used to pay fees and secure the network through staking. Beyond crypto, Hedera supports real-world applications like DeFi, supply chain tracking, and digital identity solutions with low-cost, high-speed performance.
A Deeper Dive
Technology & Use Case
Hedera runs on the Hashgraph consensus algorithm, which uses a “gossip-about-gossip” process and virtual voting to reach asynchronous Byzantine Fault Tolerant (aBFT) consensus. This method offers superior speed, fairness, and security compared to traditional blockchains. docs.hedera.comInvestopedia. Developers use Hedera for quick smart contracts, secure token creation, tamper-proof data logging (Hedera Consensus Service), and fine-tuned file management — all with enterprise-level efficiency and carbon-negative operations.
Origins & Team
Hedera was founded by Leemon Baird (creator of the Hashgraph algorithm) and Mance Harmon, with core contributions from Swirlds. The network launched publicly in 2019 under the governance of the Hedera Governing Council, which includes major organizations like Google, IBM, Deutsche Telekom, and Boeing. It later open-sourced its code under the Linux Foundation’s “Hiero” project, promoting broader industry collaboration.
Ecosystem & Partnerships
Hedera powers real-world applications across many sectors — from supply chain tracking and voting systems to identity solutions, DeFi, and digital asset tokenization. Its public governance and enterprise services governance model make it friendly for businesses and governments. The network balances decentralization with industry-grade control and transparency.
A Deeper Dive
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