Question 1

What is Hash (HASH)?

Accepted Answer

Hash (HASH) is the native token of the Provenance Blockchain, an open-source, public, permissionless blockchain designed to support regulated financial services and asset tokenisation. Built on the Cosmos SDK and using Tendermint consensus, Provenance Blockchain is tailored for high-throughput, deterministic applications where privacy, compliance, and verifiability are essential.

HASH functions as the economic unit of the network, providing the basis for transaction processing, consensus participation, and module-level interactions. It exists in a base denomination called **nhash**, where 1 HASH = 1,000,000,000 nhash.

To interact with Provenance Blockchain—such as sending transactions, executing contracts, or querying state—an address must hold HASH. These addresses are derived from public keys using the Bech32 format, with network-specific prefixes (`tp` for testnet, `pb` for mainnet).

Question 2

What is Hash (HASH) used for?

Accepted Answer

HASH is used for:

- **Gas and Transaction Fees**: All operations on Provenance Blockchain consume gas. Fees are paid in HASH based on gas used and the gas price offered.
- **Consensus and Staking**: Validators stake HASH to secure the network and produce blocks. Users may delegate HASH to validators and share in rewards.
- **Governance**: HASH holders participate in protocol governance by voting on proposals, including software upgrades and parameter changes.
- **Contract Execution**: Executing or instantiating smart contracts via ProvWasm modules requires payment in HASH.
- **Value Transfers**: HASH is used in on-chain transfers and can be exchanged between accounts like any native asset.

Question 3

Who created Hash (HASH)?

Accepted Answer

HASH was introduced with the launch of Provenance Blockchain, a blockchain network initiated by Figure Technologies, Inc.. The network and token were developed to support blockchain-based financial services infrastructure, enabling regulated entities to issue, manage, and exchange tokenised assets.

Figure Technologies contributed to the early development of the blockchain and its smart contract tooling, but the network operates as a decentralised public chain. HASH issuance, staking dynamics, and governance are managed on-chain by token holders and validators.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	HASH-USD HASH-USD	figuremarkets	B	0.007000USD	0.00%	15,818,852.49HASH	49	0.007000USD	0.01000USD
2	HASH-USDC HASH-USDC	figuremarkets	B	0.009000USDC	0.00%	84,650.56HASH	4	0.009000USDC	0.009000USDC
3	HASH-USDT HASH-USDT	figuremarkets	B	0.02500USDT	0.00%	0HASH	0	0.02500USDT	0.02500USDT