Some history of Hedera

HBAR is the native cryptocurrency of the Hedera Hashgraph network, which is a decentralized public network that uses a new consensus mechanism called the Hashgraph consensus algorithm. The network was created by Leemon Baird, the CTO and co-founder of Hedera Hashgraph, and Mance Harmon, the CEO and co-founder of Hedera Hashgraph, in 2016. The Hedera Hashgraph network and HBAR token were officially launched in September 2019, with the mainnet going live in September 2019. The initial coin offering (ICO) for HBAR was held in 2018, and the total supply of HBAR is currently capped at 50 billion tokens. In 2019 and 2020, Hedera Hashgraph focused on building partnerships and gaining adoption for its network. In 2020, Hedera Hashgraph announced partnerships with several major companies, such as IBM and Tata Communications, and released a developer SDK, which allowed developers to build decentralized applications on top of the Hedera Hashgraph network. In 2021 Hedera Hashgraph made several announcements to improve the network and bring more features to the ecosystem such as token minting, smart contract support, and more. HBAR has seen a steady increase in price since its launch, but like any other cryptocurrency, it's subject to the volatility of the market. The value of HBAR fluctuated significantly in the first year of its launch and after that, it has seen a steady increase. It's worth noting that, as with any cryptocurrency, the value and price of HBAR can be highly volatile and subject to rapid changes, so it's important to conduct your own research and due diligence before investing.

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