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#HBAR
On March 4 at 18:00 UTC, Hedera will upgrade the test network to version 0.59. The upgrade process
will take approximately 40 minutes.
For more detailed information, you can check in the official HBAR tweet:
Information about HBAR
Hedera (HBAR) is a decentralized public network that enables individuals and businesses to build powerful decentralized applications (dApps). The native cryptocurrency HBAR is used to support decentralized applications, create peer-to-peer payment business models and micropayments, and to secure the network from malicious actors.
Hedera differs from other blockchain technologies in that it uses hashgraph consensus, which fully realizes the advantages of blockchain - decentralization and security through hashing - with increased speed, efficiency, and scalability. This technology allows Hedera to process thousands of transactions per second, unlike traditional blockchains, making it an attractive option for corporate use.