Hedera Hashgraph Listing on Indodax, Heres The Explanation
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Hedera Hashgraph (HBAR) Listing on Indodax, Here’s the explanation

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Hedera Hashgraph (HBAR) Listing on Indodax, Here’s the explanation

HBAR Coin adalah jaringan dari Hedera Network

Table of Contents

Hedera Hashgraph (HBAR) Coin is a public network that enables individuals and businesses to create powerful decentralized applications (DApps).

Hedera Hashgraph (HBAR) began trading on Indodax on February 9th, 2021. What exactly is HBAR? Read the explanation.

What is HBAR Coin?

HBAR is designed to be a fairer and more efficient system that removes some of the limitations that older blockchain-based platforms faced – such as slow performance and instability.

It was funded through an Initial Coin Offering (ICO) in August 2018 and first launched open access to the mainnet more than a year later in September 2019. As part of the ICO, investors can purchase the platform’s native utility token (HBAR) at the lowest possible price.

Who is the Founder of Hedera Hashgraph (HBAR Coin) ?

HBAR Coin was developed by Dr. Leemon Baird in 2016. He is the author of several junior academic publications. Another HBAR Coin founder is Mance Harmon who currently serves as CEO in charge of operations and management.

HBR utility

The HBAR token has a dual role in the Hedera public network.

  1. First and foremost, HBAR is the fuel that powers Hedera’s services, such as smart contracts, file storage and regular transactions.
  2. Second, it is used to help secure the network, as HBAR users can stake their tokens to help maintain the integrity of the platform.

Unlike most other crypto asset platforms, Hedera Hashgraph is not built on a conventional blockchain. Instead, it introduces a completely new type of distributed ledger technology known as Hashgraph. This technology allows it to leverage many blockchain-based alternatives in several key areas, including speed, cost, and scalability.

Overall, Hedera Hashgraph claims to be able to handle over 10,000 transactions per second (TPS) – compared to around 5-20 for the most popular Proof-of-Work (PoW) based blockchains.

How Hedera Hashgraph (HBAR Coin) Works

The way hedera hashgraphs work is divided into 2 ways, including:

  • Gossip about Gossip

The meaning of this term refers as in the real world, namely the dissemination of information to others who do not know it.

Each Gossip will contain information attached to the hashes of the last two people you spoke to. Therefore, each node in the Hashgraph will expand the spread of information on a new transaction, and transactions are accepted from one node to another randomly selected node.

  • Virtual Vote

Virtual voting is a way for a node to find out whether a transaction is valid or not

If there is a transaction that already has ? from nodes that act as witnesses in the network, it can be said that the transaction is valid.

Is HBAR Coin Good to Own?

The day before listing on Indodax, HBAR Coin was a crypto asset that was ranked 62 on the crypto asset rating website Coinmarketcap.com. This crypto asset has a total volume of $73,497,395 and a market cap of $693,178,810.

Once you know what HBAR Coin is, its utility and its rating, HBAR Coin is actually worth owning. It’s just that you need to understand the ups and downs by using technical analysis.

What is the future of Hedera hashgraph (HBAR Coin) ?

In February Hedera launched a Hedera Token service that allows anyone to create tokens on the platform.

At the same time, there are also several updates to the hedera hashgraph core network which are expected to have a positive impact in the next few months.

That’s a brief discussion about HBAR Coin that you need to know. For those of you who want to know more about bitcoin, blockchain, and other ways to invest in crypto assets, you can learn bitcoin for free at Indodax Academy. So what are you waiting for? Come join now!

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