Mance Harmon explains the technology and possible applications of Hashgraph, a platform that provides a new form of distributed consensus and a new decentralized governance model.
Mance Harmon is the co-founder and CEO of Hedera Hashgraph. Being a DAG (Directed Acyclic Graph), Hashgraph is a mathematical structure that represents the flow of information across the network and is not necessarily connected with transactions or cryptocurrencies. Unlike blockchain, which is linear, DAGs are chains of graphs which allow for multiple, parallel processes to happen at the same time.
Mance sees the application of the platform in future tech solutions for IoT economy, solving problems in commerce without having to trust any third party with your private data. Hashgraph provides high levels of both scalability and security, thus addressing the main problems with decentralized technology. For these reasons, Mance thinks that Hashgraph and DAGs in general will outperform blockchains in time.
Another feature Hashgraph provides is a highly decentralized governance model and voting system that mitigates the problems of coercion and lack of voting access.
Resources:
*Mance Harmon
*Hedera Hashgraph website
*Crypto Radio’s Founder Series