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The Counterparty

Hedera chain

Chain · PageRank 0.0030

Overview

Hedera operates as a public distributed ledger employing hashgraph consensus rather than blockchain architecture. Its offerings encompass smart contracts, tokenization, consensus mechanisms, and file storage, overseen by a council comprising multinational corporations. The platform prioritises elevated transaction throughput, minimal latency, and predictable fee structures.

Within The Counterparty graph, Hedera connects to 4 tracked entities, most strongly to USD Coin, Stader, XSGD.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onStader95%
deployed_onXSGD95%
governed_byHedera Council95%

In the wire

1 item in the current window name this counterparty. Headlines are the publishers' own.

Questions on the record

What consensus does Hedera use?

The hashgraph consensus algorithm is employed by Hedera. It operates via a gossip protocol and virtual voting, diverging from conventional blockchain chain-of-blocks structures.

Who governs Hedera?

Governance of the network is conducted by the Hedera Governing Council, which comprises up to 39 global enterprises. Each member holds equal voting rights and is subject to term limits; they also operate consensus nodes.

What is HBAR?

HBAR functions as the native cryptocurrency of Hedera. It is utilised to pay network fees and access services on the ledger.