Portfolio - partnership live token
$HBAR
HBAR is the native, energy-efficient cryptocurrency of the public Hedera network. Hbars are used to pay application transaction fees and protect the network from attack through proof-of-stake. Network fuel Developers use hbars to pay for network services, such as transferring hbars, minting fungible and non-fungible tokens, calling smart contracts, and logging data. For every transaction submitted to the network, hbars are used to pay fees that compensate consensus nodes for bandwidth, compute, and storage. Network protection Hedera is a public, open source, proof-of-stake network. When hbars are staked to network nodes, they have a weighted influence on consensus for processing transactions. Weighted voting makes it difficult and expensive for a bad actor to maliciously affect consensus — it would require a centralized authority to own and stake over one-third of the network’s total supply of HBAR. Hedera is a decentralized public network where developers can build secure, fair applications with near real-time consensus. The platform is owned and governed by a council of global innovators including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group. The Hedera Consensus Service (HCS) acts as a trust layer for any application or permissioned network and allows for the creation of an immutable and verifiable log of messages. Application messages are submitted to the Hedera network for consensus, given a trusted timestamp, and fairly ordered. Use HCS to track assets across a supply chain, create auditable logs of events in an advertising platform, or even use it as a decentralized ordering service.