What is the native cryptocurrency of the Hedera Hashgraph system?

The native cryptocurrency of the Hedera Hashgraph system is HBAR . Unlike blockchains, hashgraphs do not bundle data into blocks or use miners to validate transactions.

What is Hedera (Hedera)?

Hedera is a cryptocurrency on the Hedera Hashgraph, a unique type of blockchain. The Hedera Hashgraph powers cryptocurrencies, smart contracts, and DApps. The Hedera Hashgraph is supported by a different version of the proof-of-stake consensus protocol and transaction validators are incentivized by the HBAR currency. 2

What is Hedera HBAR token?

HBAR is Hedera's native token that powers applications on the Hedera network. HBAR is utilized to pay for network services, transaction fees, in-app payments and micropayments. Developers can pay network fees with HBAR tokens, namely: work with smart contracts, file storage and currency exchange. HBAR is used to incentivize and pay network nodes.

What is the Hedera public network?

The Hedera public network is proof-of-stake and built on the open source hashgraph distributed consensus algorithm, invented by Dr. Leemon Baird, Hedera Co-founder and Chief Scientist.