Hedera
Name
Hedera
Summary
Hedera is the enterprise-grade public network for the decentralized economy, allowing people and corporations to build powerful decentralized apps.
-It was founded by Dr. Leemon Baird and Mance Harmon in 2018
-Hedera Hashgraph works on the Proof-of-Stake algorithm.
Rating
Symbol
HBAR
Overview
Hedera A distributed ledger of transactions, often known as a DLT, is a hashgraph (distributed ledger technology). While blockchains are the most widely used DLTs, Hedera is unique in that it uses the hashgraph consensus method, which is a new consensus algorithm.
Hedera is the most widely used, long-lasting, enterprise-grade public network for the decentralized economy, allowing people and corporations to build powerful decentralized apps (DApps). It is intended to be a more equitable and efficient system that overcomes some of the drawbacks of prior blockchain-based platforms, such as slow performance and instability.
Historical Price Movement (in INR)
Technology
Hedera Hashgraph employs a new consensus technique called Hashgraph consensus to keep its network safe,
This is accomplished by a rotating governing council made up of up to 39 highly diverse organizations from up to 11 different industries. These are in charge of directing the Hedera codebase, voting on platform decisions, and running the Hedera public network's first nodes.
Hedera employs a new proof-of-stake (PoS) algorithm that allows HBAR users to stake their resources in order to help safeguard the network. All Hedera nodes are now maintained by Hedera or the members of the governing council, although there are plans to move to a permissionless system in the future.
Overall, Hedera's security configuration ensures "asynchronous" Byzantine fault tolerance (ABFT), which means it can guarantee the timing and order of a collection of transactions even if some data is lost or delayed.
Use of Native tokens in the ecosystem:
The native token of Hedera is HBAR. Hedera services such as smart contracts, file storage, and ordinary transactions are powered by HBAR. Second, it's utilized to help protect the network, as HBAR users can stake their tokens to help keep the platform running smoothly.
Hedera treasury
54.91%
Exosystem Reserve
1.2%
Developer Community Funds
0.5%
Hedera RCUs
16.3%
Investors
16.52%
Management (SHAFT)
2.9%
Swirlds INC.
5%
2020 Coin Purchase Document
2.67%
Volume (23rd April 2022)
$42,643,006
Total Supply
50000000000
Circulating supply
19.57B HBAR
Crowd Sales
Over the course of nine rounds of investment, Hedera Hashgraph has raised a total of $127.8 million. Their most recent round of fundraising was a Venture-Series Unknown round on February 24, 2021.
Funding
24/02/2021: Venture Round- $7M
28/04/2019: Initial Coin Offering- NA
27/02/2019: Seed Round- $2.8M
1/11/2018: Seed Round-NA
1/08/2018: Venture Round- $100M
8/05/2018: Venture Round- NA
1/05/2018: Funding Round-NA
13/03/2018: Venture Round- $18M
5/2/2018: Initial Coin Offering- NA
Country
USA
Name of Organization
Hedera Hashgraph, LLC
Year Incorporated
2018
Registered Address
224 W. CAMPBELL ROAD SUITE 504 RICHARDSON TX 75080
Dispute Resolution and Governing Law
USA
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Dr. Leemon Baird | Founder and chief scientist | Carnegie Mellon University: PhD, Computer ScienceUnited States Air Force Academy:Bachelor’s Degree, Computer Science | 22 Yrs |
| Mance Harmon | Co-Founder and CEO | University of Massachusetts Amherst: MS, Computer ScienceMississippi State UniversityBS, Computer Science | 28 Yrs |
Whitepaper 
