Hedera Hashgraph: Let’s Think Different

The market of cryptocurrencies has been a constant attraction to traders, individuals, and institutional investors for quite some time. Showcasing tremendous middle to long-term gains, cryptocurrencies have demonstrated a notably appreciable USD price movement. The web is replete with information and advantages of Blockchain technology. Indeed blockchain industry has immense potential with many advantages to offer, especially in terms of security and speed of data transfer. However, when it comes to meeting accessibility issues, blockchain has its limitations. Before we proceed to unbiased Hedera Hashgraph price prediction, check this overview of the coin.

Hedera Hashgraph Overview

Cryptocurrency Hedera Hashgraph
Ticker Symbol HBAR
Price $0.101
Price Change 24h +9.04%
Price Change 7d -10.26%
Market cap $1,980,955,342
Circulating Supply 20,741,406,793 HBAR
Trading Volume $21,301,870
All time high $0.5701
All time low $0.01001
Hedera Hashgraph ROI -20.44%

Here comes the role of distributed ledger technology that supersedes the entire gamut of blockchain-based solutions providing answers to all questions that until now remained unanswered. This Distributed technology (DLT) has been the root of genesis for Hashgraph technology or, more popularly known for its native token, HBAR. A revolutionary concept, Hedera Hashgraph HBAR empowers the Internet of things (IoT). Conceptualized to address issues, as aforementioned, pertaining to scalability, Hedera Hashgraph bases its fundamentals on making lives more empowered and expeditious.

Hedera Hashgraph: Indisputability with No Compromises

The challenges of blockchain being data accessibility and high costs have been eliminated in Hedera Hashgraph public network. This prized digital currency offered users the advantage of fixed money at no inflationary cost and slow performance. The decentralized consensus of Hedera Hashgraph makes users their masters of validation. Working on an entirely different ledger platform using directed acyclic graph creating an asynchronous Byzantine Fault-Tolerant (aBFT) consensus algorithm, the only authorized ledger is Hedera Hashgraph.

The future of the Hedera Hashgraph cryptocurrency price seems to hold lucrative possibilities. To bring stability avoiding sudden market fluctuations, HBAR will be burnt in a systematic phase-wise process. The model of HBAR is so formed that it does not support smart contracts and uses the byzantine-fault-tolerant (BFT) consensus mechanism wherein multiple nodes like Validator nodes, Witness notes, accelerator nodes, and other types of nodes are used, which all together help in transactions, validation, and authentication processes at various stages.

HBAR creates an impeccable opportunistic framework wherein other virtual tokens can also be traded. A variety of credit and debit cards are also supported on the HBAR platform, cryptocurrency, and mobile app. Hence, it can be vouched that Hedera Hashgraph is ideal for the development of decentralized applications globally with with various features, such as controlled mutability, and time-based file expiry.

Hedera Hashgraph: Technical Analysis & Historical Data

Founded in 2018 by Founders Harmon and Baird, Hedera has had a great team of dedicated professionals who are experts in the crypto space. The year 2019 proved phenomenally positive for the HBAR coin. Although the coin slowed a bit in the second half of the year as per the high volatility sentiment, it picked up a great push due to the IEO it launched ending the year 2019 with over 150% gains.