Is Hedera a blockchain?

No — Hedera uses hashgraph, a different distributed ledger structure, but it serves a similar purpose and exposes a similar developer API.

Hedera (HBAR)

Enterprise-focused public ledger using hashgraph consensus.

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Category: Enterprise · Layer 1
Launched: 2019
Founders: Leemon Baird, Mance Harmon
Consensus: Hashgraph (asynchronous Byzantine fault tolerance)

About Hedera

Hedera is a public distributed ledger that uses a hashgraph consensus algorithm — a directed acyclic graph rather than a traditional blockchain. It is governed by a council of major enterprises.

HBAR is the native token used for transaction fees, staking, and network services.

What is HBAR used for?

Tokenization and asset settlement
Supply chain tracking
Logging and audit trails

Hedera FAQ

Is Hedera a blockchain?: No — Hedera uses hashgraph, a different distributed ledger structure, but it serves a similar purpose and exposes a similar developer API.

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