Orca Crypto
Layer 1

Hedera

An enterprise network run by a council of large companies.

Updated 2026-08-305 min readReference
The short answer

An enterprise network run by a council of large companies. Hedera is governed by a council that includes household name corporations. Fees are fixed in dollar terms, which enterprises like for budgeting.

Live market data

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What Hedera is for

Hedera is governed by a council that includes household name corporations. Fees are fixed in dollar terms, which enterprises like for budgeting.

Technical summary

PropertyValue
LayerLayer 1
Launched2019
ConsensusHashgraph asynchronous BFT
ThroughputAround 10000
Finality3 to 5 seconds
Native tokenHBAR pays predictable fixed fees denominated in dollars

Block explorers

An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.

How to read a block explorer

Wallets that support it

What to be aware of

  • Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
  • Newer chains have shorter track records under real adversarial pressure.
  • Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
  • Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.

Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.

Where to go next

New to Hedera?

We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.