Hedera (HBAR)
Public ledger (hashgraph)
Hedera is a public network using hashgraph consensus rather than a traditional blockchain, open to the public since 2019. It is governed by a council of large organisations, and all 50 billion HBAR were created at launch.
Profile last verified 23 September 2026. Live figures from CoinGecko. Not investment advice.
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What is Hedera?
Hedera’s hashgraph algorithm reaches agreement through a “gossip about gossip” protocol with fast finality and low, fixed-dollar fees. Nodes are run by members of the Hedera Council, a group of companies and universities.
Its services include token issuance, a consensus/logging service used by businesses, and Ethereum-compatible smart contracts.
Key facts
| Ticker | HBAR |
|---|---|
| Type | Public ledger (hashgraph) |
| Launched | 2018 (mainnet); open access September 2019 |
| Consensus | Hashgraph (asynchronous Byzantine fault tolerant) with proof of stake |
| Supply | 50 billion HBAR created at genesis; released into circulation over time. |
| Official site | hedera.com |
What HBAR is used for
- Enterprise logging and audit trails
- Tokenization and payments
- Staking HBAR
Main risks
- Governed by a council of large organisations, which is less decentralised
- Large amounts of HBAR are still held by the treasury
- Enterprise interest does not always become real usage
Related guides
Hedera: frequently asked questions
- Is Hedera a blockchain?
- Technically it is a distributed ledger using a hashgraph data structure rather than a chain of blocks.
- Who controls Hedera?
- The Hedera Council, a group of organisations that run nodes and vote on network decisions.
- Can more HBAR be created?
- No. All 50 billion were created at launch; circulating supply rises as the treasury releases them.