What is hbar?

Hbar, also known as Hedera Hashgraph, is a decentralized public network and cryptocurrency platform that utilizes a directed acyclic graph (DAG) to achieve consensus and secure transactions. The network uses a unique consensus algorithm called hashgraph, which is designed to be more efficient and secure than traditional blockchain protocols. Hbar's transaction fees are low, making it ideal for micropayments. The platform also offers smart contract functionality, allowing developers to create decentralized applications (dApps) on the network. Hbar has been adopted by a number of companies and organizations for various use cases, including supply chain management, identity verification, and secure communication. The cryptocurrency has gained popularity and increased in value since its launch in 2019.