Hedera, leveraging Hashgraph technology, provides a competitive edge over traditional blockchains with its speed and security. This appeal extends to both developers and major corporations.
The Hashgraph Difference
Hedera Hashgraph improves traditional blockchains using directed acyclic graphs (DAGs) instead of linear blocks. This system enables nodes to rapidly process and share transaction data with a 'gossip about gossip' protocol securing details in real-time. Consensus is reached via asynchronous Byzantine Fault Tolerance (aBFT), ensuring system security even against malevolent actions by some participants.
Why Protocols Are Betting On Hedera
Hedera's speed and scalability allow it to handle over 10,000 transactions per second, making it ideal for applications that require immediate execution such as decentralized finance (DeFi) and supply chains. It also provides robust security and low fees, attracting various enterprises and financial services.
Top Applications on Hedera
Hedera's ecosystem includes diverse platforms like HeliSwap, SaucerSwap, Stader Labs, HashPack, and Red Swan, which show the diversity of its applications.
Hedera Hashgraph represents a prospect of what decentralized systems can become, combining speed, security, and sustainability, which may change conventional views on distributed ledger technologies.
