Hedera is a public distributed ledger that supports decentralized applications requiring speed, security, and predictable costs.
The network uses Hashgraph consensus to process transactions without mining or block creation. Governance is handled by a council of global enterprises and institutions that oversee protocol changes. Hedera emphasizes long-term network reliability and enterprise use cases.
HBAR functions as the utility token for fees, contracts, and network operations.
Key features
Hedera uses Hashgraph consensus to deliver fast and secure transaction processing without mining.
The platform achieves finality within 3–5 seconds with an average of 2.9 seconds.
Transaction fees are fixed in USD, keeping costs stable regardless of network activity.
Hedera Hashgraph is governed by the Hedera Council, where global enterprises and institutions manage protocol decisions.
The platform supports smart contracts, token creation, decentralized identity, and enterprise-grade compliance features.
