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Hedera is a fast (>10,000+ TPS), secure (aBFT, probably the most secure distributed ledger), fair (the time points of all activities are open and transparent, and no hidden transaction records are allowed) using the hashgraph consensus form ) public ledger network.
HBAR is the native cryptocurrency of the Hedera public network. Hbar is used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious attackers.
HederaHashgraph is a distributed public ledger infrastructure. According to the team, HederaHashgraph has made significant improvements to existing blockchains in the following five areas: performance, security, governance, stability, and regulatory compliance.
The project relies on Hashgraph, an asynchronous Byzantine Fault Tolerant (aBFT) algorithm invented by CTO Dr. Leemon Baird, to reach network consensus.
The transaction fee for 10000 TPS is $0.0001, and the settlement takes 3-5 seconds.
HBAR tokens can be used for equity pledge and various services on the network.