Hello! Are you curious about Hedera (HBAR), which has recently been attracting attention in the cryptocurrency market?
Today, I'm going to tell you everything about Hedera (HBAR) in detail.
I'll explain it step by step so that even those who are new to cryptocurrency investment can easily understand it!
Introducing Hedera (HBAR)
Hedera is a next-generation platform based on innovative distributed ledger technology (DLT) that overcomes the limitations of existing blockchains. HBAR is the native cryptocurrency of the Hedera network. It is a utility token that provides various functions beyond simple digital currency, such as smart contracts, file storage, and consensus services.
What makes Hedera special:
• Processing capacity of over 10,000 transactions per second
• Ultra-low transaction fees of $0.0001
• Guaranteed transaction completion within 3-5 seconds
• Carbon Negative (Beyond Carbon Neutrality) Eco-Friendly Network
Hedera's Birth and History
Hedera's story began in 2012 when computer scientist Dr. Leemon Baird invented the hashgraph algorithm. He wanted to solve the speed and efficiency problems of existing blockchains. He founded Hedera Hashgraph with co-founder Mance Harmon in 2017, and began its journey in earnest by raising $120 million through an ICO in 2018.
Since the launch of the mainnet in 2019, Hedera has secured decentralization and corporate reliability at the same time by forming a governance committee with global companies such as Google, IBM, Boeing, LG Electronics, and Deutsche Telekom. It has proven its stability by successfully processing more than 35 billion transactions to date.
Hedera's innovative operating principle
The core of Hedera is the 'Hashgraph' consensus algorithm. While existing blockchains are structured to sequentially connect blocks, Hashgraph uses a DAG (Directed Acyclic Graph) structure to process all transactions in parallel.
Three key features of Hashgraph:
1. Gossip Protocol: Network nodes quickly share information with each other and synchronize the entire network status.
2. Virtual Voting: The speed is dramatically improved because the consensus result can be predicted mathematically without actual voting.
3. Byzantine Fault Tolerance: The system will continue to function normally even if up to 1/3 of the network nodes act maliciously.
Hedera's various real-world use cases
Hedera is actively used in real-world applications beyond theoretical technology. Hedera's technology is currently recognized in various industries.
Financial Services: Adelphia issues stablecoins through Hedera, and ServiceNow provides ESG supply chain tracking solutions. Hedera is also gaining attention, especially in central bank digital currency (CBDC) projects.
Gaming and NFTs: Global gaming companies are building NFT marketplaces on Hedera, and gamers are responding well to the fast transaction speed and low fees.
Supply chain management: From food safety tracking to luxury product authentication, Hedera's transparent and tamper-proof record system is being utilized.
Complete Guide to Major Platforms Where Hedera Can Be Traded
We will introduce platforms where you can trade HBAR safely and conveniently. Each exchange has different features, so choose the one that suits your investment style.
Global exchanges:
• Binance: The world's largest exchange, with high liquidity and a variety of trading options
• Coinbase: A large US-based exchange with a beginner-friendly interface
• Kraken: The largest exchange in Europe, with a strong security system
• Huobi: Asia's leading exchange, with active futures trading
Domestic exchanges:
• Upbit: Largest trading volume in Korea, direct KRW trading possible
• Bithumb: Long-term operating experience, stable service
• Coinone: User-friendly interface
Active Hedera community and ecosystem
Hedera is not just a technology project, it is also forming a global community. You can check the latest technology updates and partnership news on the official website (hedera.com), and you can communicate with community members in real time on Telegram and Discord.
In particular, the hackathon and developer grant program hosted by the Hedera Foundation are promoting the development of innovative DApps. Large-scale events like Hello Future Hackathon can have millions of dollars in prize money.
The Hedera Korean community is also active in Korea, supporting domestic users through regular meetups and educational sessions!
Guide to Choosing a Secure Hedera Wallet
Choosing a reliable wallet is important to safely store HBAR. Learn about the features of each and choose the wallet that's right for you.
Hardware Wallets (Highest Security):
• Ledger Nano: Industry standard hardware wallet, officially supported by HBAR
• Trezor: Open source-based, transparent security structure
Software wallet (high convenience):
• HashPack: Hedera-specific browser wallet, optimized for dApp integration
• Blade Wallet: Mobile-specific wallet, intuitive user experience
• Wallawallet: Multi-chain support, integrated management of various cryptocurrencies
Key things to know when investing in Hedera
Essential checklist before investing:
1. Understand market volatility: The cryptocurrency market can be 10 times more volatile than the stock market. A daily rise or fall of 20-30% is common.
2. Diversification investment principle: Limit your cryptocurrency investment to 5-10% of your total investment assets. The principle of 'don't put all your eggs in one basket' is especially important.
3. Learn technical analysis: Learn how to read charts, identify support and resistance levels, and use technical indicators like RSI and MACD.
4. Track news and fundamentals: Continuously monitor Hedera's partnership announcements, technical updates, governance changes, etc.
5. Emotion Management: Avoid FOMO (Fear of Missing Out) and panic selling, and consistently execute your pre-set investment strategy.
In Closing
So far, we have looked at Hedera (HBAR) in detail, from its technical innovations to its actual investment methods. Please remember that Hedera is not just a speculative investment, but an innovative technology platform that solves real business problems.
Always make investments carefully and within your risk tolerance. We wish you success in your investment journey with Hedera!
Good luck! 🚀