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Hedera Network, a leading proof-of-stake network, reportedly surpasses 60B mainnet transactions till now. Upon this milestone, Hedera thanked its community of developers, enterprises, and users for laying faith in the Hedera Network. Hedera Network shared this momentous achievement on its official X account, shared details and appreciated the Hedera community.
The #Hedera network has officially processed over 60 billion mainnet transactions since its launch.
— Hedera (@hedera) August 29, 2024
As always, a huge thank you to our incredible, ever-growing community of enterprises, developers, and users who have made this momentous achievement into a reality. #HelloFuture pic.twitter.com/BCOQac5fnc
Hedera Solidifies its Position as A Leaderless Proof-of-Stake Network
Hedera’s crossing 60B processed transactions since its launch is a remarkable achievement that brings the Hedera Network into the headlines. This achievement underscores the growing influence and reliability of Hedera in distributed ledger technology (DLT).
Hedera Network is best known for its key features of scalability, security and efficient processed transactions. Because of such key features and the community’s faith in the Hedera solidifies its position as a leaderless, secure and reliable proof-of-stake network. Moreover, Hedera’s consensus mechanism, the Hashgraph played a crucial role in achieving this milestone.
Hedera’s Hashgraph Consensus Mechanism
The Hashgraph, Hedera’s consensus mechanism played a significant role in achieving this new milestone. Because of the Hashgraph, Hedera is known for its unparalleled speed, scalability, and security among enterprises, users and developers at the global level. Additionally, Hedera has also a unique reputation for robust performance in building and deploying decentralized applications (dApps).
Network’s Statement on Achieving This New Milestone
Hedera shared this groundbreaking news officially and thanked the Hedera community for continuous support and faith in the firm. Surpassing 60 billion processed transactions isn’t just a single milestone, but it is a testament to the growing trust and adoption of Hedera Network at the global level.