Hedera

Hedera is a public distributed ledger network known for its efficiency, scalability, and sustainability. It offers a variety of services including the Hedera Token Service for minting and configuring tokens, the Hedera Consensus Service for verifiable timestamps and event ordering, and support for Solidity smart contracts. HBAR is the native cryptocurrency of the Hedera network. The network also features a Dashboard for analyzing activity, a Fee Estimator for transaction costs, and a Partner Program to foster collaborations. Hedera’s Guardian supports open-source methodologies for high-quality assets and enables auditable carbon markets and traceability. The network supports real-world asset tokenization, decentralized identity management, and DeFi applications. Hedera provides low, fixed fees and immutable royalties for NFTs, and enables scalable, real-time crypto payments. The governing council, consisting of over 30 diversified organizations including enterprises, web3 projects, and universities, sets the fee schedule. Hedera is committed to being carbon-negative through the purchase of quarterly carbon credits and boasts a highly efficient hashgraph consensus mechanism. The network can handle up to 10,000 transactions per second and offers finality in 3-5 seconds at an average cost of $0.001 per transaction. Hedera’s mainnet went live on August 24, 2018, and the network is governed responsibly by leading organizations. The ecosystem is open-source, with contributions from the community through Hedera Improvement Proposals (HIPs). Hedera’s roadmap includes projects like enabling community nodes and modularizing services. The Guardian platform leverages the network for digital measurement, reporting, and verification (dMRV) of environmental assets, aiming to make climate finance transactions verifiable and transparent. The governing council includes notable organizations such as Deutsche Telekom, DLA Piper, and Dell Technologies.