Blockchain profile
Hedera HBAR
Hedera is a public distributed network using hashgraph consensus, with HBAR as its native asset. Crypto traders and users track it for generally predictable fees, fast transactions, tokens, smart contracts, enterprise tooling and network metrics.
Neutral information, not financial advice. Updated : 2026-06-11
Key characteristics
- Native asset: HBAR, used to pay fees, secure the network and interact with Hedera applications.
- Hashgraph consensus: Hedera uses an aBFT mechanism based on gossip-about-gossip and virtual voting, without proof-of-work mining.
- Network services: EVM-compatible smart contracts, token service, consensus service, wallets, explorers and developer tooling.
Use cases and ecosystem
- Payments and transfers: moving HBAR or Hedera tokens between compatible wallets, platforms and applications.
- Web3 and enterprise applications: tokenization, data tracking, identity, DeFi, NFTs, payments and use cases that need fast finality.
- Market tracking: monitoring HBAR, transactions, accounts, tokens, contracts and fees through explorers and crypto dashboards.
Consensus and security
Hedera relies on aBFT hashgraph consensus and governance by the Hedera Council. Security depends on protocol resilience, nodes, governance distribution, deployed contracts and network upgrades.
Fees and performance
Hedera fees are generally presented as low and predictable, but they depend on transaction type, network parameters, contracts or services used and should be checked at time of use.