blockchain becomes obsolete-----the-future be hash graph :]

cnts (64) in swirlds • 7 years ago

https://squawker.org/technology/blockchain-just-became-obsolete-the-future-is-hashgraph/

†his will be an absa-game changer when its bopsin' out 50 k transactions per second... oh my!...

http://www.swirlds.com

swirlds hashgraph blockchain altcoin tokens

7 years ago by cnts (64)

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fitzgibbon (61) · 7 years ago

Don't worry and don't believe the hype. Hashgraph is:

a) centralized and
b) only good for unspent transaction output (UTXO), which makes the technology only interesting for pure currency purposes, all other smart contract stuff is impossible to do there

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cnts (64) · 7 years ago

cheers for the heads up @fitzgibbon.. through sharing we better all our understanding ..

That tip U thing is great by the way... upVoted! :]

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rufussed (32) · 7 years ago

That's what Dan Larimer has said about it also, but hashgraph supports smart contracts written in Java, and a small team built an auction app (like ebay) in single session. I don't really understand the definition of UTXO but I asked on their telegram chat and was told it is not a UTXO system. Perhaps they did not understand either, can you explain how can be characterised like that?