Name: Hedera
Price range: $

HBAR (ℏ)

Incredibly fast. Predictably low fees. Finality in seconds.

Account creation Buying guide

Reporting Comparison Network metrics Ecosystem Proxy staking FAQ

Dual role of HBAR

HBAR is the native, energy-efficient cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications and protect the network from malicious actors.

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Network fuel

Developers use hbars to pay for network services, such as transferring hbars, managing fungible and non-fungible tokens, and logging data. For each transaction submitted to the network, hbars are used to compensate network nodes for bandwidth, compute, and storage.

Network protection

Hedera’s proof-of-stake public network uses hbars, which are staked or proxy staked (coming soon) to a network node, to weight votes on transactions when reaching consensus.

Weighted voting with hbars makes it difficult and expensive for a bad actor to maliciously affect consensus — it would require them to own and stake over one-third of the network’s total supply of HBAR, which will not be possible for the first 5 years.

Treasury Management Report

The Treasury Management Report describes the methodology used to report on Hedera’s management of the pre-minted supply of hbar as directed by the Hedera Governing Council’s Treasury Management and Token Economics Committee.

This report includes the following information:

The purposes of every pre-minted hbar as decided by the Hedera Council, including unallocated hbars.
Distribution details when the allocated hbars are transferred out or “released” to an individual or entity other than Hedera.
The network account and illiquid supply information to inform the real-time “released” and “circulating” supply calculations.

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The 3rd generation public ledger

Bitcoin pioneered decentralized infrastructure and Ethereum brought programmability. But earlier proof-of-work blockchains consume massive amounts of energy and process transactions slowly in order to achieve acceptable levels of security. Heavy bandwidth consumption by these technologies leads to expensive fees, even for a simple cryptocurrency transaction.

The Hedera proof-of-stake public network, powered by hashgraph consensus, achieves the highest-grade of security possible (ABFT), with blazing-fast transaction speeds and incredibly low bandwidth consumption. By combining high-throughput, low fees, and finality in seconds, Hedera leads the way for the future of public ledgers.

Transactions
per second

average
fee

transaction
confirmation

Energy
Consumption
per
Transaction

1st
Generation

Bitcoin

BTC

3+

TPS

$22.57

usd**

10-60

minutes

885+

kWh^^

2nd
Generation

Ethereum

ETH

12+

TPS

$19.55

usd^

10-20

seconds

102+

kWh^^

3rd
Generation

Hedera

HBAR

10,000+

TPS*

$0.0001

usd

3-5

Seconds

(w/ finality)

0.00017

kWh^^

*Cryptocurrency txns throttled at 10k tps and will increase in the future. Sharding to enable unlimited tps. For Hedera, the range is shown for transactions not requiring a transaction record but can receive a transaction receipt.

**Avg. Bitcoin tx fee from 2/20/21 - 5/21/21 from https://blockchair.com/bitcoin/charts/average-transaction-fee-usd?interval=3m.

^Avg. Ethereum tx fee from 2/20/21 - 5/21/21 from https://blockchair.com/ethereum/charts/average-transaction-fee-usd?interval=3m.

^^From https://ptvolts.com/sites/default/files/documents/sustainable-blockchain-power-transition.pdf.

The HBAR advantage

Incredible throughput

The Hedera network achieves 10,000 HBAR cryptocurrency transactions per second, in a single shard and on-ledger, without compromising on network security or stability.

Predictably low fees

Hashgraph consensus is incredibly lightweight, allowing for the cost per HBAR transaction to be very small — around $0.0001 USD. In combination with high throughput, micropayments using a token on Hedera, or hbars, is a practical reality.

Finality in seconds

Never wait for block confirmations again. HBAR transactions achieve finality, on-ledger, within three to five seconds. Be confident in payment settlements and offer modern digital experiences within your application.

Network metrics

Dashboard

TRANSACTIONS Number of transactions processed by the network in the 24 hours prior to last metrics update.

3,140,660

PER DAY

LATENCY Time for a transaction to reach finality once submitted to the network. Averaged over 15 minutes prior to last metrics update.

6.26

SECONDS TO FINALITY

ACCOUNTS Total number of accounts created on the network.

493,107

ON MAINNET

API CALLS Based on the cost of $0.0001 USD for Consensus-Submit-Message and Crypto-Transfer transactions.

PER HBAR

CIRCULATING Number of coins that are circulating in the market and in the general public's hands.

HBAR

TOTAL SUPPLY Maximum number of coins that will ever exist.

50B

HBAR

Last metrics update: October 22, 2021 at 00:00 UTC

Decentralized applications

Applications and microservices that use a public ledger provide greater transparency and trust than ever before. This makes entirely new things possible, like a music streaming service paying artists directly or a disintermediated ad network that doesn't require audits. A fairer, more secure, digital future is being decentralized on Hedera. Make it yours.

SEE WHO'S BUILDING

Ecosystem

HBAR is used to power decentralized applications, enable payments and micropayments, reward nodes for compute and storage, and protect the network from malicious actors.

Ecosystem

HBAR is used to power decentralized applications, enable payments and micropayments, reward nodes for compute and storage, and protect the network from malicious actors.

End users and proxy stakers

Developers and end users can purchase hbars from third-party companies and platforms, such as exchanges, that have chosen to integrate into the ecosystem. Once a user has hbars they can use the cryptocurrency to purchase goods and services, and pay application transaction fees. Those with hbars can proxy stake (coming soon) them to a Hedera network node — proxy staking will maintain the security and integrity of Hedera’s network operations, while earning the proxy staker a small share of transaction fees.

Applications

Applications run on the Hedera public network. Developers pay transaction fees in HBAR cryptocurrency for each API call, to reward the network for processing transactions.

EXCHANGES

Exchanges, in some markets, can be used by application developers, end users, and Hedera node operators to buy and sell HBAR cryptocurrency. Hedera does not control which exchanges support hbars.

HEDERA NETWORK

When the Hedera network receives a transaction from an application, it validates it, places it into consensus order, and gives it a timestamp. For each transaction, the submitting application pays the network a fee that is split between network nodes, the Hedera treasury, and HBAR proxy stakers (coming soon).

NETWORK NODES

Every Hedera mainnet node contributes to consensus and stores a copy of the public ledger’s state. Hedera mainnet nodes submit transactions to the network on behalf of applications and perform network service operations. This has associated costs of bandwidth, compute, and storage, for which the node receives HBAR as compensation. Node operators can sell the HBAR they’ve earned for other cryptocurrencies or FIAT through an exchange.

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Proxy staking (coming soon)

Every node on Hedera’s proof-of-stake network has a weighted influence on consensus — that weight is proportional to the amount of hbars staked to a node. Proxy staking allows those who own hbars, but aren’t operating a node, to stake their hbars to someone else’s node. Earnings are split between the node operator and owners of the proxy staked hbars, earning the proxy staker a small share of transaction fees. When proxy staked, hbars are not locked-up or bonded, as is common in other networks, and proxy stakers retain the ability to transact their HBAR however they'd like.

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HBAR FAQ

Found below are some of the most commonly asked questions about Hedera HBAR. Please visit our full FAQ for the entire list of questions.

What is the total supply of HBAR coins?

Hedera has a fixed supply of 50 billion coins.

What are the official HBAR cryptocurrency denominations?

gigabar 1 Gℏ = 1,000,000,000 ℏ
megabar 1 Mℏ = 1,000,000 ℏ
kilobar 1 kℏ = 1,000 ℏ
hbar 1 ℏ = 1 ℏ
millibar 1,000 mℏ = 1 ℏ
microbar 1,000,000 μℏ = 1 ℏ
tinybar 100,000,000 tℏ = 1 ℏ

On which exchanges is HBAR available?

HBAR (ℏ) may be available for purchase by developers and users to build and utilise applications on the network at the exchanges and OTCs listed in the Buying Guide .

What does the ℏ symbol represent?

Our Hedera corporate logo is a bold, uppercase HBAR (Ħ), but our currency symbol is a lower case, italicized HBAR (ℏ). The written way to express Hedera cryptocurrency is hbars, and is equivalent to writing US dollars. It can also be expressed as HBAR, which is equivalent to writing USD.

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