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COINTURK NEWS > Altcoin News > What is Hedera Hashgraph Coin?
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What is Hedera Hashgraph Coin?

In Brief

  • Hedera Hashgraph defines itself as a platform “beyond Blockchain.” Hedera aims to create a digital world as it should be, tailored to each individual’s needs. In this direction, the platform enables developers to create fast, fair, and secure applications and allows users to benefit from these applications. Additionally, the platform’s governance includes a consortium comprising […]
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COINTURK NEWS 2 years ago
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Hedera Hashgraph defines itself as a platform “beyond Blockchain.” Hedera aims to create a digital world as it should be, tailored to each individual’s needs. In this direction, the platform enables developers to create fast, fair, and secure applications and allows users to benefit from these applications.

Additionally, the platform’s governance includes a consortium comprising Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London, and Wipro.

Contents
What is HBAR Coin?Opinions on Hedera HashgraphHedera Hashgraph PriceWhere to Buy Hedera Hashgraph?

What is HBAR Coin?

To answer the question, “What is Hedera Hashgraph coin?” it’s beneficial first to understand what the Hedera platform is.

Hedera Hashgraph enables the creation of a consensus mechanism. Users can create scalable and verifiable timestamps and event sequences for any application through the platform. With the consensus service, users can track products in a supply chain, obtain information about the digital rights of music, and record digital asset transfers.

Additionally, Hedera allows users to benefit from fast and low-cost payment services. Cryptocurrency payments can be made using HBAR, eliminating intermediaries to reduce costs and simplify complex payments with code.

On the other hand, Hedera’s file service enables users to create and manage files with guaranteed visibility. Moreover, Hedera also offers users the opportunity to tokenize and transact with their assets.

Aiming to create a public space for everyone, the platform claims to be fast, fair, secure, and stable.

Moreover, the Hedera network can perform 10,000 HBAR cryptocurrency transactions per second in a single ledger without compromising network security or stability. According to the platform’s statements, people using Hedera Hashgraph coin benefit from very low fees, with a single HBAR transaction costing only 0.0001 USD. Additionally, the platform emphasizes its speed, noting that transactions on Hedera are completed within 3 to 5 seconds.

Opinions on Hedera Hashgraph

One of the most important features of Hedera Hashgraph is its promise of 10,000 transactions per second, which is a highlight in Hedera Hashgraph news.

Regarding “HBAR coin opinions,” it is observed that investors follow and interpret the token in light of the backing platform. It is also worth mentioning that investors have positive thoughts about HBAR, yet they remain cautious.

Hedera Hashgraph Price

Before discussing “how to buy Hedera Hashgraph,” we will look at numerical values related to “HBAR/BTC, HBAR, HBAR Coin.”

At the time of writing, Hedera Hashgraph is trading against the dollar at 0.0423 USD. In the HBAR/BTC pair, it’s noted that the HBAR coin is trading at 0.00000374 BTC.

On the other hand, Hedera Hashgraph coin reached its lowest level on January 2, 2020, at 0.0100 dollars, while it hit a record high on September 17, 2019, trading at 0.4160 dollars. According to CoinMarketCap data, the current circulating amount of HBAR is 5,285,423,366 HBAR, with a total of 50,000,000,000 HBAR to be issued.

Where to Buy Hedera Hashgraph?

You can purchase HBAR coin through Binance, the world’s largest cryptocurrency trading platform by trading volume.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 10 November, 2023 - 4:30 pm 10 November, 2023 - 4:30 pm
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