BLOCKCHAIN DEVELOPMENTS
Hedera Hashgraph Development:
The Future of Digital Ledger
Technology
blockchaindevelopments.io
Topics to be Covered
Introduction
Hashgraph
Blockchain
Hashgraph Vs. Blockchain
•An Insight into Hashgraph
•Hashgraph The Future of Decentralized Technology.
The evolution of technology has given us numerous
innovations in every field. One of these innovations with
immense potential is cryptocurrency.
Cryptocurrency is entirely based on digital transactions
the records of which are maintained using Digital Ledger
Technology (DLT). DLT has paved the way for further
significant technologies such as Blockchain and most
recently, Hashgraph.
HashGraph
Protocol on which nodes can inform
other randmoly selected nodes about
recent transactions,Passing these on
until the whole network is aware of
Changes.
Blockchain
There are two common Protocol: Proof of
Work .Create a new block if they solve a
mathamtical puzzle correctly. reciving a
reward in the process.
Blockchain
vs.
Hashgraph
Blockchain is a decentralized form of
DLT where information regarding
transactions is transferred through
blocks, each linked to the previous.
One of the key attributes of
blockchain is that it is a decentralized
technology not controlled by any
single entity or network.
Developed as an alternative to
blockchain according to some experts,
Hashgraph was launched into the
market by Leemon Baird, the CTO of
Swirlds.
An Insight into Hashgraph
Developed as a way to overcome certain shortcomings of blockchain
and better the consensus algorithm of said DLT, hashgraph is an
algorithm. It is said to be a more secure, transparent and faster way
to achieve distributed consensus.
One of the major limitations of Blockchain, the Byzantine Generals’
Problem is what led to the development of hashgraph which
specifically solves this problem. As per the problem, even if a single
member does not provide consensus the whole transactions can be
modified significantly generating the possibility of malicious
members to corrupt the system.
An Insight into Hashgraph
Hashgraph specifically solves this problem. It consists of two main
technologies namely the gossip protocol and the virtual voting algorithm to
gain consensus. Whenever a transaction is initiated, information is passed
through the nodes using the gossip protocol. Based on this, the transaction
is approved once consensus is received using the voting algorithm. One of
the ways in which hashgraph is more secure is that it is a private and
patented DLT where every transaction goes through the main system and
verified before the information is passed on using the gossip protocol.
In order to further this technology and expand hashgraph into multiple
fields, the Hedera Hashgraph Development project was created based on
collaboration with multiple tech giants.
Hashgraph The
Future of
Decentralized
Technology.
A Decentralized Platform without
servers built on Hashgraph
technology will enable blockchain
usecases to run:
Hashgraph The Future of Decentralized
Technology.
FAIR
Mathematically Proven
Fairness.
FAST
It's fast but doesn't just
trust us.
SECURE
Grade Security
TELEPHONE
1-315-245-8590
EMAIL
sales@blockchaindevelopments.io
MAIN OFFICE
511 Jordan Ave, Tallassee, AL 36078, USA
Let's talk!
Thank You

Hedera Hashgraph Development:The Future of Digital Ledger Technology

  • 1.
    BLOCKCHAIN DEVELOPMENTS Hedera HashgraphDevelopment: The Future of Digital Ledger Technology blockchaindevelopments.io
  • 2.
    Topics to beCovered Introduction Hashgraph Blockchain Hashgraph Vs. Blockchain •An Insight into Hashgraph •Hashgraph The Future of Decentralized Technology.
  • 3.
    The evolution oftechnology has given us numerous innovations in every field. One of these innovations with immense potential is cryptocurrency. Cryptocurrency is entirely based on digital transactions the records of which are maintained using Digital Ledger Technology (DLT). DLT has paved the way for further significant technologies such as Blockchain and most recently, Hashgraph.
  • 4.
    HashGraph Protocol on whichnodes can inform other randmoly selected nodes about recent transactions,Passing these on until the whole network is aware of Changes. Blockchain There are two common Protocol: Proof of Work .Create a new block if they solve a mathamtical puzzle correctly. reciving a reward in the process.
  • 5.
    Blockchain vs. Hashgraph Blockchain is adecentralized form of DLT where information regarding transactions is transferred through blocks, each linked to the previous. One of the key attributes of blockchain is that it is a decentralized technology not controlled by any single entity or network. Developed as an alternative to blockchain according to some experts, Hashgraph was launched into the market by Leemon Baird, the CTO of Swirlds.
  • 6.
    An Insight intoHashgraph Developed as a way to overcome certain shortcomings of blockchain and better the consensus algorithm of said DLT, hashgraph is an algorithm. It is said to be a more secure, transparent and faster way to achieve distributed consensus. One of the major limitations of Blockchain, the Byzantine Generals’ Problem is what led to the development of hashgraph which specifically solves this problem. As per the problem, even if a single member does not provide consensus the whole transactions can be modified significantly generating the possibility of malicious members to corrupt the system.
  • 7.
    An Insight intoHashgraph Hashgraph specifically solves this problem. It consists of two main technologies namely the gossip protocol and the virtual voting algorithm to gain consensus. Whenever a transaction is initiated, information is passed through the nodes using the gossip protocol. Based on this, the transaction is approved once consensus is received using the voting algorithm. One of the ways in which hashgraph is more secure is that it is a private and patented DLT where every transaction goes through the main system and verified before the information is passed on using the gossip protocol. In order to further this technology and expand hashgraph into multiple fields, the Hedera Hashgraph Development project was created based on collaboration with multiple tech giants.
  • 8.
    Hashgraph The Future of Decentralized Technology. ADecentralized Platform without servers built on Hashgraph technology will enable blockchain usecases to run:
  • 9.
    Hashgraph The Futureof Decentralized Technology. FAIR Mathematically Proven Fairness. FAST It's fast but doesn't just trust us. SECURE Grade Security
  • 10.
  • 11.