Hedera Hbar Price USD

Hedera is a decentralized public network that allows developers to create safe, fair apps with near real-time consensus. A council of prominent worldwide innovators, including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group, control and operate the platform. The Hedera Consensus Service (HCS) serves as a trust layer for any application or permissioned network, allowing for the establishment of an immutable and verifiable message log. Application messages are sent to the Hedera network for consensus, given a trustworthy timestamp, and are fairly organized. 

Dr. Leemon Baird and Mance Harmon are the two founders of HBAR Hashgraph. Dr. Leemon Baird is credited with developing the hashgraph distributed consensus method and presently serves as Hedera's chief scientist. Mance Harmon, on the other hand, is Hedera's CEO and an accomplished technology executive and seasoned entrepreneur.

Hedera Hashgraph isn't based on a traditional blockchain, unlike the majority of other cryptocurrency systems. Instead, it proposes an entirely new kind of distributed ledger technology known as a Hashgraph. 

This technology enables it to improve several blockchain-based competitors in important areas such as speed, cost, and scalability. Hedera transactions have an average transaction cost of $0.0001 USD and are often completed in less than five seconds. Altogether, Hedera Hashgraph says it can manage more than 10,000 transactions per second (TPS), compared to 5-20 for most common proof-of-work (PoW)-based blockchains.

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