Hedera is a public network for digital assets that does not chain its transactions together in blocks but orders them with a method called hashgraph. HBAR is the associated cryptocurrency: every transfer, every token and every message on the network is paid for in HBAR, and HBAR holders can use it to back a consensus node. Hedera is governed by a council of large companies that sets the rules and the fees. That design is precisely what sets Hedera apart from Bitcoin and Ethereum, where no one fills such a council.
The price stood at around $0.073 on October 29, roughly €0.065. That gives HBAR a market capitalisation of just over $3.2 billion and ranks it 33rd among the largest cryptocurrencies. Over the previous month the price lost almost 30 percent, and over the year just over 64 percent. The all-time high of $0.569 dates from September 2021, five years ago. This article explains what lies behind the network and gives no price targets.
Hedera at a glance: a public network with hashgraph instead of blocks
A conventional blockchain collects transactions in a block, attaches that block to the previous one and repeats the proces...
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