Hedera (HBAR)

Enterprise-grade DLT. Governed by the world\

What is Hedera?

Hedera is a distributed ledger that takes a different approach from most blockchains. Instead of a blockchain, it uses a hashgraph consensus algorithm that achieves high throughput, low fees, and mathematically proven fairness in transaction ordering. Transactions settle in 3-5 seconds and cost around $0.001.

What sets Hedera apart is its governance model. The Hedera Governing Council consists of up to 39 major organizations including Google, IBM, Boeing, Deutsche Telekom, and LG Electronics. This council manages the network's rules and code changes, providing a level of corporate legitimacy unusual in crypto.

HBAR is used for transaction fees, staking, and as the native currency of the Hedera ecosystem. The network offers native services for token creation, consensus timestamps, and smart contracts without requiring complex deployments.

How Hedera Works

Instead of blocks in a chain, Hedera uses a data structure called a hashgraph. Imagine a room full of people gossiping — each person tells two random others what they know, and those people tell two more. Very quickly, everyone knows everything. Hedera works the same way: nodes share transaction information through "gossip about gossip," and can mathematically prove what the network will decide without needing to vote. This is faster and more efficient than traditional blockchain consensus.

Hedera Ecosystem

Enterprise use cases with Fortune 500 governance council
Hedera Token Service — create tokens without smart contracts
Hedera Consensus Service — verifiable timestamps for any application
Carbon credit tracking and sustainability applications
Staking HBAR to earn rewards and secure the network

Team & Development

Hedera was co-founded by Dr. Leemon Baird (inventor of the hashgraph algorithm) and Mance Harmon in 2018. The company is called Swirlds Labs. The Hedera Governing Council includes Google, IBM, Boeing, Deutsche Telekom, Standard Bank, LG Electronics, and other major enterprises that collectively govern the network.

Frequently Asked Questions

Is Hedera a blockchain?

Technically, no. Hedera uses a hashgraph data structure instead of a blockchain. The practical effect is similar — it is a decentralized, immutable ledger — but hashgraph achieves faster consensus with mathematically proven fairness.

What wallet supports HBAR?

HashPack is the most popular Hedera wallet. Blade Wallet and Kabila also work well. Ledger hardware wallets support HBAR through HashPack integration.

Why are enterprise companies involved?

Hedera's Governing Council of major corporations provides stable governance, prevents hostile takeovers, and gives enterprises confidence to build on the network. Each council member runs a node and has equal voting power.

Can I sell or swap HBAR?

Yes. Swaps supports selling HBAR for fiat and swapping it for other tokens.

Buy Hedera on Swaps

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