CoinGapeNews

Hedera Hashgraph (HBAR) Price Prediction: 10x ($3.0) By The End Of 2021?

Why Hedera Hashgraph (HBAR)?
Hedera Hashgraph is one cryptocurrency project that’s taken a completely different approach to creating distributed ledger technology.
Over the past years, Hedera Hashgraph has made incredible strides towards institutional adoption and has secured multiple institutional partnerships putting the crypto project ahead of many in the area of enterprise-focused projects by the end of 2021.
Hashgraph is an open review consensus algorithm developed in 2016 by Dr. Leemon Baird.
Hedera is the decentralized public network and governing council-owned and governed by a global council, including Baird’s company Swirlds Corporation.
The only public distributed ledger in the world that uses a unique Hashgraph algorithm, with its very own native token HBAR.
HBAR’s coins are used to power decentralized applications, make payments, and secure Hedera’s Proof-of-Stake network.
Dr. Leemon Baird’s Hashgraph technology is a compelling alternative to blockchain, now popularly called the next-generation blockchain.
As a blockchain, Hashgraph is a decentralized and public distributed ledger. However, the way it works differs from blockchains in several ways and even offers some vast improvements.
Hashgraphs make use of DAG- Directed Acyclic Graph architecture which is much different from native blockchain architectures.
Hashgraphs solve the same problems that a blockchain does but differently.
Hedera Hashgraph brings three primary services to general users and developers in the crypto space.
A cryptocurrency that can handle up to 10,000 transactions per second.
Offers Scalable Smart Contracts.
File Service.
The potential applications of Hashgraph, similar to blockchain, are infinite, from settling micropayments to music …
Story continues on CoinGape

Related posts
CoinGapeNews

Exchange Volume of Defi Tokens on Decline; $MKR $UMA staking on Rise

The Defi craze of 2020 has continued this year as well, the total value locked in various Defi protocols breached $45 billion for the first time. At present, the volume of defi tokens on centralized exchanges compared to its total…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTJamie DimonNewsWarren Buffettxbtusd

Will Warren Buffett and Jamie Dimon buy Bitcoin at $250k? Pompliano strongly believes so

Jamie Dimon, Chairman & CEO of JPMorgan Chase, and Warren Buffett, an American investor, and business tycoon are two Billionaires whose convictions about Bitcoin are largely bearish. The two men, whose knowledge of finance has contributed greatly to their wealth,…
BitcoinBitcoin MinersBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Bitcoin Miners Record A Whopping $52.3 Million In Daily Profit

Mining Bitcoin is becoming a highly profitable business for those skilled in the activity. Data published by Glassnode is shedding light on the booming industry of Bitcoin mining. In its weekly on-chain report, Glassnode revealed that Bitcoin miners have recorded…