Hedera uses Hashgraph technology, a decentralized consensus mechanism based on a directed acyclic graph (DAG) structure, which is different from traditional blockchains and does not require mining to achieve high throughput and instant transaction finality, processing tens of thousands of transactions per second and operating with fees as low as 0.0001.
Hashgraph achieves efficient consensus among nodes through the “Gossip about Gossip” protocol and virtual voting, ensuring fair and irreversible transaction ordering. This enables Hedera to operate without forks and bottlenecks, making it particularly suitable for high-demand applications such as those in enterprise and finance.
The platform supports a variety of enterprise use cases, including financial compliance, identity verification, supply chain monitoring, carbon footprint transparency, and AI decision-making process validation. Several well-known companies and institutions have participated in the council to ensure governance transparency and strengthen cybersecurity.
HBAR is the native token of Hedera, used for paying transaction fees, staking for network security, and participating in platform governance. Its efficiency and low-cost features provide a solid foundation for decentralized finance and digital asset innovation.
As blockchain technology matures, Hedera, with its innovative technology and enterprise support, is gradually becoming a trusted distributed public infrastructure across multiple fields, driving a comprehensive upgrade of the Web3 ecosystem.