Hedera Hashgraph - What’s the Hype All About?

in bitcoin •  7 years ago 

Hashgraph is all the rage right now and its very different from Bitcoin and Ethereum. It is not a blockchain but why is it so popular? I’ll be providing a summary of how this is fundamentally different.

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interesting information

Thanks for your post!

I traded bitcoin, I'll trade hedera, i just need volatility

Thanks for your post!

Interesting, I was waiting for your opinion on Hashgraph. The technology looks promising but it would be interesting to see how to turns out to be, I believe there were some downsides related to more bandwidth being used in Hashgraph's technology.

Thanks for your post!

thnx boxmining for bringing information on Hashgraph,

Thanks for your post!

The speed of Hedera Hashgraph transactions is crazy 250k per second wow compared to Bitcoin or ETH. It definitely sounds like a revolutionary system and completely different mechanism. I’m looking forward you next videos where you discuss more about Hedera Hashgraph. I certainly have to give a closer look at Hedera Hashgraph. Also you mentioned IOTA in your video. With IOTA’s recent issues I think all these negativity is helping IOTA in a good way. Although, the iota founders would be better to leave the community to retaliate aggressively and just politely and professionally prove the FUD wrong themselves. It would leave a better impression for sure. BTW: is this Manhattan downtown where you taking the video?

That's HK, bro.

Thanks for your post!

There future is looking bright for Hedera Hashgraph ..
The transaction speeds are crazy good. Competition in the crypto world is awesome.
Let's see how far it goes, keep us updated

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Hashgraph is said to be a more robust system. Its consensus algorithm provides a new platform for distributed consensus. Some of the attributes commonly used to refer or describe Blockchain are distributed, transparent, consensus-based, transactional and flexible. Hashgraph bears all these features. However, it is a data structure and consensus algorithm that is much faster, fairer, and more secure than blockchain. It is described as future of distributed ledger technology. It uses two special techniques to achieve fast, fair and secure consensus
Hope Hashgraph moves forward at a fast pace

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Hi Mikel !

HashGraph really sound interesting because of their innovation. But still not 100% sure about the gossip consensus. But I always open to new innovation. Very interesting.

WoW Thank you so much Mikel for the upvote.

Thanks for your post!

i completely agree with you
fairness is a huge advantage apart from transaction speed
thanks for keeping us updated

Thanks for your post!

you always giving a new idea of bitcoin.this time i see ur video. Hashgraph is a new matter for me. i have no idea this matter.but see ur video i have a got fully to knowing Hashgraph matter.thanks for ur important information of Hashgraph.very cool done dear.. @boxmining

Thanks for your post!

welcome dear... @boxmining

Hashgraph is a new consensus alternative to the blockchain. It uses a gossip protocol that works in the following manner: Every node in Hashgraph can spread signed information (called events) on newly-created transactions and transactions received from others, to its randomly chosen neighbors. These neighbors will aggregate received events with information received from other nodes into a new event, and then send it on to other randomly chosen neighbors. This process continues until all the nodes are aware of the information created or received at the beginning. Due to the rapid convergence property of the gossip protocol, every piece of new information can reach each node in the network in a fast manner.

Thanks for your post!

thanks, now I understand. it is sometimes must be observant to treat technology so that no one. this information contributes greatly to the world of blockchain

Thanks for your post!

I'm watching these updates closely, seems like a very innovative and enticing platform - thanks for the quality content.

Thanks for your post!

I have read through the whitepaper as well but will need to read it a couple of more times to fully understand the differences with blockchain technology. The ability to scale and generate the volume of transactions it mentions is surely a huge leap forward if we want to integrate the crypto space with real world transactions today like e-commerce.

However, I am split on their direction with governance. While they want to target 39 “renowned enterprises” for the governance, we do not know much more of the requirements to fall in that elite group. I would be concerned that some of them would be today’s centralized organizations that have the financial system and internet doninated at the moment. Also, they are a for profit organization and another organization Swirlds owns the intellectual property rights in the hashgraph consensus algorithm. This concerns me in the long run if it is truly a success.

Definitely interested in hearing more views and perspectives of this project. Thanks for your thoughts!

Thanks for your post!

You post very beautiful

Hashgraph for sure is a new mark on the future technology. It is really worth giving it a try. Lets see what it comes up with. Anyways with the kind of gain in popularity it for sure is in all rage for now.

Thanks for your post!

Do they plan to make it Open Source, and is the speed of hashgraph not only possible since it is a closed private system with trusted nodes? What happens if it goes public, and someone starts spamming it hard?

Thanks for your post!

Excited about your upcoming videos on Hashgraph! Super interesting project, would be awesome if you got an interview with them as well :)

Thanks for your post!

Hedera Hashgraph is Centralized not for us guys !!!! We love decentralized

Thanks for your post!

As of right now, it is too early and sensationalistic to say that Hashgraph is the “blockchain killer”. What can be said though is that the technology behind Hashgraph is extremely intriguing. It remains to be seen how effective the public, non-permissioned version of this technology looks like.

Thanks for your post!

Thanks for sharing this Michael. Please keep us posted on this project that could do great! Cheers

Thanks for your post!

Hashgraph,good thing thanks sir for your kind information

Thanks for your post!

Thank you so much for the great information. Let's see what impression it creates on the market.

Thanks for your post!

Thanks My friends

Good Post I am proud of you, because you are so great in the world of steemit, from the vidio you post, very good, in explaining the picture is also very organized, I am happy if you take the time to go to account @zayanfaruk, what else if you want to give me upvote , hopefully you become a successful person for all ages, go ahead never give up, ok. thanks.

Thanks for your post!

To be honest, when I hear centralisation - doesn't matter how many transactions per sec you can do, how revolutionary the tech is - it's not solving the main problem. As long as you have an authority, closed and interested in control for governance or money making (e.g. patenting) it's primary value is lost. Real money should be the community's money - open sourced, decentralised and transparent.

Thanks for your post!

hashgraph and bitcoin , etherum No doubt a great difference between them and is intresting that you explain it 250k transaction in per second is amzing and also intresting thanks for sharing informationa about hushgraph keep it up

Thanks for your post!

Hedera Hashgraph beats BTC and ETH in speed of transaction by a mile. If they can get this working and secure, that will be a big step.

I have no problem with them having a license for this and not being open-source. Good luck to them.

Thanks for your post!

It's only good for currency transfer, not good for smart contracts.

Thanks for your post!

how does the network generate revenue?

Thanks for your post!

I’ll follow up in a later video!

nice. Regards from Germany.

thnx boxmining for bringing information on Hashgraph,

Thanks for the great content! Thanks for this quick video and I look forward to the rest of the videos on this and hope you get that interview. I am very familiar with blockchain and tangle networks and PoS and PoW but this Hedera Hashgraph sounds like it needs a lot more work done to compete in this atmosphere especially this year since more and more people are adopting and educating themselves on the technology in general. Off to read the white paper!

Great information sir..thanks for sharing sir @boxmining

Really good information sir..thanks for sharing sir @boxmining love and respect

  ·  7 years ago Reveal Comment