What is HBAR

1. Project Introduction
Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes a unique consensus mechanism called Hashgraph. It is designed to deliver high throughput, low latency, and strong security. Hedera offers a performance-optimized Ethereum Virtual Machine (EVM), along with native tokenization and consensus service APIs that enable developers to build real-time Web3 applications and ecosystems, driving the future of the internet.
Summary: Hedera is a public network using the Hashgraph consensus algorithm to achieve fast, fair, and secure transactions.
2. Team & Investment Info
Founders:
Leemon Baird: Co-founder of Hedera and founder of Swirlds; PhD in Computer Science from Carnegie Mellon University.
Mance Harmon: Co-founder; former Head of Labs at Ping Identity.
History: Hedera was spun out of Swirlds, a company founded by Baird and Harmon in 2015.
Funding: Raised $100M in August 2018, with participation from BlockTower Capital.
3. Social Media URLs
X: https://x.com/hedera
Telegram: https://t.me/hederahashgraph
Discord: https://hedera.com/discord
Medium: https://medium.com/hashgraph
4. Token Info
Token Symbol: HBAR
Total Supply: 50B
Token Type: Native token on its own mainnet
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://hedera.com/explorers
5. Related Links
Official Website: https://hedera.com/
LinkedIn: https://www.linkedin.com/company/hashgraph
Other Info: https://www.rootdata.com/Projects/detail/Hedera?k=NTE%3D