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What is Hedera Hashgraph?
Hedera Hashgraph is a third-generation public ledger that works using the proof of stake consensus to validate transactions. The network is powered by the Hashgraph Consensus and prioritizes security, fast transactions, and low bandwidth consumption.
The Hedera Hashgraph network is based on the HBAR token and has a high throughput, low fees, and finalizes transactions in a matter of minutes. The HBAR has a current circulating supply of over 6 billion and the maximum supply is fixed at 50 billion HBARS.
Hedera Hashgraph hopes that future public ledgers will be migrated to the Hedera Hashgraph ledger in a bid to take advantage of the network’s security, and transparency amongst other benefits. Hedera Hashgraph is backed by a global council including Google, IBM, Boeing, and about 11 others.