Hedera (HBAR) is a public decentralised network that allows startups, enterprises and consumers to take control of the digital space by allowing developers a way of quickly and easily creating new applications that are secure and fast. Hedera is one of the most popular and sustainable networks used by individuals and businesses to create decentralised apps (DApps).
The network is extremely secure using a proof-of-stake mechanism that is powered through the HBAR consensus. In addition to this, the transaction speeds on the network are fast and the network has low fees.
HBAR tokens are used to power Hedera services such as smart contracts, transactions, and data storage. The tokens are also used to secure the network, HBAR holders can stake their tokens to assist in maintaining the integrity of the platform.