With the rapid growth of Hedera Hashgraph, decentralized technologies are receiving a new push. Founded in 2019, Hedera presents a modern structure distinct from traditional blockchains - the Hashgraph.
The Hashgraph Advantage
Hedera Hashgraph enhances traditional blockchains by using a directed acyclic graph instead of linear blocks. This enables nodes to process and share transaction data rapidly through the 'gossip about gossip' protocol, allowing over 10,000 transactions per second, far superior to Ethereum and Bitcoin. The platform also boasts a carbon-negative status.
Why Protocols Are Choosing Hedera
Hedera's exceptional performance supports thousands of TPS, ideal for financial applications, gaming, and supply chain tracking. Its aBFT consensus ensures strong security, maintaining network integrity even in the event of disruptive node action. At just $0.0001 per transaction, Hedera is cost-effective for various protocols. Additionally, Hedera's focus on energy efficiency appeals to environmentally conscious participants.
Top Applications Built on Hedera
The Hedera ecosystem boasts diverse platforms. HeliSwap, SaucerSwap, and Stader Labs lead decentralized exchanges and staking services. HashPack and Red Swan showcase success in digital asset management and real estate tokenization.
Hedera Hashgraph is more than just another blockchain platform. Its speed, security, and sustainability make it a promising technology for future decentralized systems. Supported by major corporations and innovative developers, it stands ready to alter existing paradigms in the DLT space.
