Hedera is a public distributed ledger technology that aims to provide a fast, secure, and scalable platform for decentralized applications. It is built on a unique consensus algorithm called Hashgraph, which allows for high transaction speeds and low latency.One of Hedera’s key features is its governance model. The network is overseen by a council made up of various leading organizations and companies from different industries. This approach aims to ensure stability, transparency, and a balanced decision-making process.Hedera supports various decentralized applications and services, including smart contracts, file storage, and cryptocurrency transactions through its native token, HBAR. The network is designed to be energy-efficient, addressing concerns about environmental impact commonly associated with other blockchain technologies.Overall, Hedera strives to provide a more efficient and user-friendly alternative for developers and businesses looking to leverage distributed ledger technology.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious