Hedera Hashgraph

The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don’t know or trust each other to securely collaborate and transact online without the need for a trusted intermediary. Hashgraph is the first asynchronous byzantine fault tolerant (aBFT) consensus algorithm that results in fair ordering, fast finality, and secure propagation. It is the foundation of the next generation of Distributed Ledger Technology (DLT).

Hedera Hashgraph Feature List

• Cryptocurrency – Cryptocurrency payments allow you to transact using HBARS without intermediaries to lower costs and make complex payments simple with code.
• Smart Contracts – The tokenized economy will change how we define ownership. Use the Solidity language to create assets, perform atomic swaps, or interact with outside oracles.
• File Service – Create and manage files, with guaranteed visibility. File Service can act as a credentials revocation service and uniquely prove GDPR compliance.
• Consensus Service – Write transactions at native speed for a scalable, cost-effective solution to manage exchange orders, audit logs, supply chain tracking, and endless possibilities.

Hedera Hashgraph Tech Specification

• Blockchain Own Blockchain
• Block Time 2 seconds
• Hash Algorithm aBFT
• Open Source 1
• Development Status Working product