Hedera is a decentralized public network powered by its native cryptocurrency called HBAR. It utilizes the Hashgraph consensus algorithm, which is designed to achieve high scalability, fast transaction speeds, and fair ordering of events. Hedera aims to be a platform for the creation of decentralized applications (dApps) and offers features like smart contracts and file storage. It focuses on ensuring security, stability, and transparency while enabling efficient and cost-effective solutions for various industries, including finance, gaming, and supply chain.
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