Hedera Hashgraph (HBAR) is an enterprise-grade public distributed ledger that eschews traditional blockchain technology. It does not use a blockchain but instead relies on a novel Hashgraph algorithm that delivers higher throughput, scalability, and energy efficiency setting it apart from older blockchains. Finality is achieved within seconds, and the network supports thousands of transactions per second. HBAR is the native cryptocurrency, used for paying transaction fees and securing the network via staking.

Instead of typical anonymous validators controlling a decentralized network, Hedera is governed by the Hedera Governing Council, composed of up to 39 of the world’s leading organizations, including Google and IBM. This model ensures stability, prevents forks, and allows the network to evolve responsibly. Hedera welcomes builders, fueling use cases across finance, gaming, supply chains, healthcare, and more.

In short, Hedera offers a fast, secure, and eco-friendly platform for DApps, with HBAR as the fuel powering this new Web 3.0 paradigm.