Hedera (HBAR) is a cryptocurrency that runs on a blockchain platform called hashgraph. Hashgraph is a different technology than traditional blockchain.
However, these blockchains have the same goal, namely enabling decentralized, secure and transparent transactions. Hedera (HBAR) is aimed primarily at institutions such as banks and asset management companies.
These institutions can take advantage of features such as asset and data exchange secured by blockchain, and cross-border payments.
WhatAdvantages of Hedera (HBAR)?
Hedera (HBAR) has several advantages that differentiate it from other blockchain platforms, namely:
Fast
Hedera can process 10,000 transactions per second, with a final settlement time of 3.3 seconds. This is much faster than other blockchains, such as Bitcoin which can only process 7 transactions per second, or Ethereum which can only process 15 transactions per second.
Safe
Hedera uses pure proof of stake consensus with VRF (verifiable random function) technology which provides unmatched cryptographic security. VRF is a function that generates random values that can be verified by others, without needing to know the input.
This ensures that managers are selected fairly and transparently, without any manipulation or fraud.
Green
Hedera doesn't require much energy (only the equivalent of 7 homes), and its smart contracts purchase carbon credits to ensure its carbon footprint is zero. This is different from other blockchains, such as Bitcoin or Ethereum, which require enormous amounts of energy and produce high carbon emissions.
HowHow to Get Hedera (HBAR)?
Hedera (HBAR) can be obtained in several ways, namely:
Buying
You can buy Hedera (HBAR) on several crypto exchanges, such as Binance, Coinbase, OKEx, Kraken, and Huobi.
Mine
You can mine Hedera (HBAR) by becoming a node that helps secure the network. You must have at least 135,000 HBAR to be a collector node, 500,000 HBAR to be a consensus node, 1,250,000 HBAR to be an execution node, or 250,000 HBAR to be a verification node.
Follow the program
You can take part in programs organized by the Hedera Foundation, such as award programs, accelerator programs, grant programs and community programs.
Conclusion
Hedera (HBAR) is a blockchain platform that enables interoperability between various blockchain networks. The platform offers solutions to challenges faced by traditional blockchains, such as scalability, efficiency and sustainability.
Hedera also has a dynamic, inclusive and borderless ecosystem, powered by innovative hashgraph blockchain technology. If you are interested in finding out more about Hedera (HBAR), you can visit the official website or follow the latest news.
How To Buy Crypto From Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia and is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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