Portfolio - partnership live token
$HBAR
HBAR is the native, energy-efficient cryptocurrency
of the public Hedera network. Hbars are used to pay
application transaction fees and protect the network
from attack through proof-of-stake. Network fuel
Developers use hbars to pay for network services,
such as transferring hbars, minting fungible and
non-fungible tokens, calling smart contracts, and
logging data. For every transaction submitted to the
network, hbars are used to pay fees that compensate
consensus nodes for bandwidth, compute, and storage.
Network protection Hedera is a public, open source,
proof-of-stake network. When hbars are staked to
network nodes, they have a weighted influence on
consensus for processing transactions. Weighted
voting makes it difficult and expensive for a bad
actor to maliciously affect consensus — it would
require a centralized authority to own and stake
over one-third of the network’s total supply of
HBAR. Hedera is a decentralized public network where
developers can build secure, fair applications with
near real-time consensus. The platform is owned and
governed by a council of global 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. The
Hedera Consensus Service (HCS) acts as a trust layer
for any application or permissioned network and
allows for the creation of an immutable and
verifiable log of messages. Application messages are
submitted to the Hedera network for consensus, given
a trusted timestamp, and fairly ordered. Use HCS to
track assets across a supply chain, create auditable
logs of events in an advertising platform, or even
use it as a decentralized ordering service.