Hedera (HBAR) is a decentralized public network that utilizes the Hashgraph consensus algorithm to facilitate fast and secure transactions globally. Unlike other cryptocurrencies, Hedera is governed by a council composed of prominent companies and organizations, responsible for decision-making and token distribution. The platform prioritizes security and compliance, offering features such as KYC protocols and regulatory tools, making it an appealing choice for businesses wanting to employ blockchain technology.

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