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Description: Decentralized Finance Network
Powering native web3 ecosystems and institutional applications for the next generation of the web
Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. It is governed by a collusion-resistant, decentralized council of leading enterprises, universities, and web3 projects from around the world.
Hedera offers low, fixed fees, blazing fast transactions, immediate settlement, and modern development workflows — it’s never been easier to build the next generation of financial software on the opens source, public Hedera network.
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