Tag: Hedera (HBAR) News

Hedera is a next-generation public distributed ledger offering fast, energy-efficient, and secure infrastructure. It is based on the Proof of Stake (PoS) consensus mechanism and provides developers with services like Solidity-based smart contracts, consensus, and token services.

The network is built on the hashgraph distributed consensus algorithm, which offers several advantages over conventional blockchain technologies. It provides almost perfect bandwidth efficiency and can process thousands of transactions per second. This makes Hedera ideal for applications that demand high performance and scalability.

Hedera (HBAR) was launched in 2018 and employs asynchronous Byzantine Fault Tolerance (aBFT) to provide the highest level of security. To get the latest happenings on Hedera follow CryptoTale.

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