Hedera
$0.40005 7.03%
HBAR · 2w

Hedera Hashgraph (ℏ) DD Part 2

Ħello Future. Ħello All. Welcome back ℏBAR-Barians new and old… First of all, thank you all for the support on my original post. This post is primarily a follow up to my earlier [*Hedera Hashgraph (ℏ) DD*](https://np.reddit.com/r/hashgraph/comments/pwqbay/hedera_hashgraph_%E2%84%8F_dd/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) post which you can find in the link. In the follow up I have added some bits I felt I couldn’t fit in and remain important. Enjoy! **Introduction** ***“What if anyone on Earth, at any moment, could just wave their hand and carve out a world of their own in cyberspace?” – Dr Leemon Baird, Co-Founder & Chief Scientist.*** Hedera Hashgraph is already the most used, adopted and sustainable public ledger on the market today. Hedera is rapidly achieving its goal of becoming “the trust layer of the internet” and successfully delivering way beyond what other projects are only discussing, especially at the enterprise level. The Hedera network is achieving absolutely incredible throughput with daily transactions whilst maintaining security and finality and a low cost. **Tokenomics / Cryptonomics** As you are likely well aware at this point, the native cryptocurrency of Hedera Hashgraph is **HBAR (ℏ).** Leemon stressed that the resources of the network must be balanced correctly with the costs and incentives to get the structure correct. This is currently built up of; **Fees –** The transaction fee paid by the client for the use of the network. **Payments –** Network payments to Staking Nodes / Users (Incentive to run a node / proxy stake) **Data Micropayments –** For information, or services around the information (Client to Node Incl. Mirror Nodes) HBAR (ℏ) has a huge competitive advantage over any other cryptocurrency, as it has fixed prices that are set to the Dollar (*$*), but paid in HBAR (ℏ). What this means is that the transaction fees are fixed (extremely cheaply $.0001, $.001) and as the price of HBAR(ℏ) fluctuates, the tra...
Continue on self.hashgraph
Recent news
No posts found