Hedera’s high security is provided by the hashgraph consensus algorithm. This algorithm brings together the views of all nodes in the network, providing a safer and faster decision-making process. This approach, which minimizes the risk of forking, ensures the stable operation of the system. In addition, Hedera’s scalability feature allows it to maintain its performance in parallel with the growth of the network. As the number of nodes in the network increases, the transaction speed increases instead of decreasing. This reveals the potential to meet future growth needs.
Energy efficiency is another key advantage of Hedera. Instead of energy-intensive mechanisms like Proof-of-Work used in traditional blockchains, Hedera adopts a less energy-intensive approach. phone number list This reduces environmental impact and ensures the sustainability of the system.
Hedera coin is the native cryptocurrency of the Hedera network . HBAR tokens are used to transact on the network, access services, and participate in the governance of the network. The HBAR token has a limited supply and supports the value of the network. The maximum supply of HBAR coin , the cryptocurrency of Hedera Hashgraph, is set at 50 billion units. (September 2024) As of January 2021, there are approximately 7 billion tokens in circulation, approximately 14% of the total supply.
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