Hedera
Current price
$0.0812
−5.76%24h
LiveUpdated 26s ago
TodayHedera drops 5.8%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.32%
- 24 hours−5.76%
- 7 days−14.30%
- 30 days+5.54%
- 1 year−54.42%
Hedera's move in context
Lagging the market today
−5.76% today against −3.26% for the market as a whole, a gap of 2.5 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−14.3% over 7 days and +5.5% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Hedera
Hedera Hashgraph: A Fast and Secure Distributed Ledger Technology
Hedera Hashgraph is a distributed ledger technology (DLT) that offers an alternative to traditional blockchain networks. Launched in 2018 by Hedera Hashgraph LLC, the platform aims to provide a fast, secure, and scalable infrastructure for decentralized applications (dApps) and enterprise solutions. Hedera's unique consensus mechanism, known as the Hashgraph consensus algorithm, allows for high throughput and low-latency transactions, making it an attractive option for developers and businesses seeking to leverage blockchain technology.
Key Aspects of Hedera Hashgraph
Hashgraph Consensus Algorithm: At the heart of Hedera Hashgraph is its innovative consensus algorithm, which enables the network to achieve consensus without the need for mining or proof of work. This algorithm utilizes a virtual voting mechanism and gossip protocol to ensure fast and secure transaction validation. As a result, Hedera can process thousands of transactions per second with near-instant finality, making it one of the fastest distributed ledger technologies available.
Security and Reliability: Hedera Hashgraph prioritizes security and reliability, making it suitable for enterprise-grade applications. The platform's consensus mechanism is designed to resist various types of attacks, ensuring that data remains secure and tamper-proof. Additionally, Hedera's governance model incorporates a council of reputable organizations that oversee the network's operations, adding an extra layer of accountability and trust.
Token Utility and Ecosystem: Hedera's native cryptocurrency, HBAR, is integral to the network's functionality. HBAR is used for transaction fees, smart contract execution, and staking within the Hedera ecosystem. This tokenomics model encourages users to engage with the platform while also supporting its security and growth. The Hedera ecosystem includes various applications and services, ranging from payment solutions to supply chain management tools.
Developer-Friendly Environment: Hedera Hashgraph provides developers with a robust set of tools and APIs for building dApps and services on its platform. The platform supports multiple programming languages, including Solidity and Java, making it accessible to a wide range of developers. Additionally, Hedera offers comprehensive documentation, tutorials, and community support to facilitate development and innovation.
Enterprise Adoption: Since its launch, Hedera Hashgraph has gained traction among enterprises and businesses looking to leverage DLT for various use cases. Companies across industries, including finance, healthcare, and supply chain, have explored the potential of Hedera's technology for improving efficiency, transparency, and security. Ongoing partnerships and collaborations with enterprises are essential for expanding Hedera's influence and adoption.
Future Prospects: With its unique approach to distributed ledger technology and a focus on performance and security, Hedera Hashgraph is well-positioned for continued growth and innovation. The Hedera team is committed to expanding the platform's capabilities and fostering a vibrant ecosystem of developers and applications. As the demand for scalable and secure DLT solutions increases, Hedera is poised to play a significant role in shaping the future of blockchain technology.
Hedera market
- Position by market cap among the coins we track.
- #28
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $3.89B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0805High $0.0871
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.5692
- Now 14% of itReached 15 Sept 2021 · Needs +601% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 47.84B HBAR
- 96% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 50B HBAR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 50B HBAR
- The most coins that can ever exist. Some coins have no limit.
Hedera converter
1 Hedera = $0.0812