# Hedera

### UTU on Hedera

UTU Renegades harnesses the power of Hedera, a cutting-edge distributed ledger technology that's redefining the trust layer of the internet. While our NFTs are created on Hedera and rewards are distributed in HBAR, our platform's backend operates off-chain for optimal performance and flexibility.

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### Why UTU Chose Hedera

### Unparalleled Technology: Hashgraph

Hedera's Hashgraph technology ensures lightning-fast, secure transactions with minimal environmental impact. This ultra-efficient system offers:

* Swift transactions with average consensus times of 3-4 seconds
* Minimal, fixed fees (as low as $0.0001 per transaction)
* Asynchronous Byzantine Fault Tolerance (ABFT), the gold standard in security
* Carbon-negative operations due to extremely low energy consumption

<figure><img src="https://1616455864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnQbjuuvBAc6TNqrG02I2%2Fuploads%2FhlA3qItExl4bt2ROFcTP%2Fimage.png?alt=media&#x26;token=befa1757-60d9-4bec-8652-47bd21688f40" alt=""><figcaption></figcaption></figure>

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### Innovative Fee Structure

One of the key reasons for choosing Hedera is its unique approach to transaction fees:

* **USD-Pegged Transaction Fees**: Hedera pegs its transaction fees to USD, ensuring predictable costs regardless of HBAR's market value.
* **Micro-Transaction Capability**: With fees as low as $0.0001 per transaction, Hedera enables Jeeteroo's Micro-Participation-Network-Mining and NFT-based distribution node systems.
* **Cost-Effective Scalability**: The low, stable fees allow for efficient execution of high-volume, low-value transactions crucial for Jeeteroo's innovative model.

<figure><img src="https://1616455864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnQbjuuvBAc6TNqrG02I2%2Fuploads%2Fa8E49YZWvW0W6shszN5W%2Fimage.png?alt=media&#x26;token=1ca68f52-b13d-4cb2-80df-1a4aad3b9fb2" alt=""><figcaption></figcaption></figure>

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### Trusted Governance Model

The Hedera Governing Council, comprised of diverse global organizations, ensures decentralized decision-making and network reliability. This model prevents single-entity control, fostering a more secure and equitable ecosystem.

<figure><img src="https://1616455864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnQbjuuvBAc6TNqrG02I2%2Fuploads%2F38AmtDYPZiUO3A7FhVx5%2Fimage.png?alt=media&#x26;token=70f50425-29c7-42fb-9853-9a69bca96ad4" alt=""><figcaption></figcaption></figure>

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### Seamless Integration

By leveraging Hedera for NFT creation and reward distribution while maintaining an off-chain backend, UTU Renegades combines the best of both worlds:

* Secure and transparent NFT ownership on Hedera
* Efficient HBAR reward distributions
* Flexible and scalable off-chain operations for enhanced performance

This hybrid approach allows UTU Renegades to offer a robust, efficient, and user-friendly platform for our community of crypto mining enthusiasts and digital art collectors

<figure><img src="https://1616455864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnQbjuuvBAc6TNqrG02I2%2Fuploads%2F18YBsXDJW7FqEN1S9zkY%2Fimage.png?alt=media&#x26;token=5a2cc08f-75b2-4f78-acc9-0029c89773cc" alt=""><figcaption></figcaption></figure>