Hedera Hashgraph: Blockchain Alternative?
Hedera Hashgraph: A Blockchain Alternative? Hedera Hashgraph is not a blockchain—it's a distributed ledger technology (DLT) that uses a unique consensus algorithm called the Hashgraph consensus. Developed by Dr. Leemon Baird and governed by the Hedera Governing Council, Hedera aims to provide faster, fairer, and more energy-efficient alternatives to traditional blockchain platforms. 🧠 What Is Hashgraph? Hashgraph is a graph-based distributed consensus algorithm that differs from blockchains in key ways: No blocks No miners No chain Instead, it uses a technique called gossip-about-gossip and virtual voting to achieve consensus quickly and fairly. ⚙️ Key Features of Hedera Hashgraph Feature Description Consensus Algorithm Hashgraph (Asynchronous Byzantine Fault Tolerant) Transaction Speed ~10,000 TPS (for token transfers) Finality Sub-5 seconds Energy Efficiency Extremely low (much lower than PoW chains) Governance 39-member Governing Council, including Google, IBM, LG,...