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Hedera

Hedera Scalability

Real-time TPS (1H)

9.78 tx/s

2.39%

Max TPS (100 blocks)

3,302 tx/s

Max Theor. TPS

10,000 tx/s

Transaction Volume (1H)

35.2K txns

Block Time (1H)

2s

Finality

0s

Type

Layer 1

New

Total Transactions

71.1B txns

Launch Date

Sep 16, 2019

Hedera Decentralization

Nakamoto Coefficient

8

Validators

31

Stake

$2.194B

7.00%

Consensus Mechanism

PoS

Governance

Council

Hedera Developer Activity

Developers

1,029

0.39%

Repos

114

1.79%

Commits

70,703

0.43%

Stars

3,839

0.10%

Watchers

1,129

0.71%

Hedera Financials New

Chain Revenue

$979.5

21.85%

Average Tx Fee

$0.001644

14.54%

Price

$0.1369

6.21%

Market Cap

$5.816B

6.21%
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Hedera Real-Time TPS Chart

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About Hedera

Hedera operates as a public network employing the hashgraph consensus algorithm for rapid and secure transaction validation. Governed by a council of esteemed organizations, Hedera ensures consistent progress and decentralization. Distinguished by its high throughput, security, and fair transaction ordering, Hedera strives to establish a trust layer for the internet.

Token symbol:
HBAR

Scalability Metrics:
Hedera TPS is 9.78 transactions per second
Hedera Max TPS is 3,302 transactions per second
Hedera Max Theoretical TPS is 10,000 transactions per second
Hedera transaction volume is 35,200 transactions
Hedera block time is 2s
Hedera finality is 0s
Hedera has 71,136,519,839 total transactions since its TGE
Hedera is a layer 1 blockchain
Hedera was launched on Sep 16, 2019 (6 years ago)

Decentralization Metrics:
Hedera nakamoto coefficient is 8
Hedera has 31 validators
Hedera stake is $2.194B
Hedera consensus mechanism is Proof of Stake (PoS)
Hedera governance is council

Developer Activity Metrics:
Hedera has 1,029 developers
Hedera has 114 repos
Hedera has 70,703 commits
Hedera has 3,839 stars
Hedera has 1,129 watchers

Financial Metrics:
Hedera revenue is $979.5
Hedera average transaction fee is $0.001644
Hedera price is $0.1369
Hedera market cap is $5.816B

Why is Hedera TPS so high?

Hedera is a public network that utilizes a hashgraph consensus algorithm. Unlike a traditional blockchain, which selects a single miner/validator to choose the next block, the community of nodes running hashgraph comes to an agreement on which transactions to add to the ledger as a collective. Through gossip-about-gossip and virtual voting, the hashgraph network comes to a consensus on both the validity and the consensus timestamp of every transaction.

In blockchain, consensus rules require that blocks eventually settle in a single, longest chain, agreed upon by the community. In hashgraph, every container of transactions is incorporated into the ledger — none are discarded. All the branches continue to exist forever and are woven together into a single whole.

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