About Hedera

Hedera Hashgraph is presented as a faster and more secure alternative to blockchain technology. It differentiates itself by employing a Directed Acyclic Graph (DAG) instead of energy-intensive mining. The network is powered by the HBAR cryptocurrency, which has a fixed supply of 50 billion, used for transactions and network operations. A key feature of Hedera is its patented Hashgraph data structure, originally intended for private use but now implemented in its public network. Unlike blockchain, Hedera's technology is not open-source, preventing forking or the creation of derivative versions. Hedera achieves consensus through a "gossiping" mechanism involving a limited number of nodes that share and compare transaction histories. These nodes select "famous witnesses" (early, widely comm...