Goodbye Blockchain. Hello Hashgraph.

[darmawan_lasuara]

Please don't shoot me   I too reacted the same way when I read the topic title.Infact,being an optimistic blockchain supporter,I didn't even bother to open the article until the geek inside me pushed me to.Anyway,I was surprised.I mean we should embrace the changes right ? Here ya go,welcome HashGraph.

https://cryptoanswers.net/goodbye-blockchain-hello-hashgraph/

For the lazy heads

The new consensus algorithm

Introducing Hashgraph – a fair and fast, byzantine fault tolerant consensus algorithm. According to the founding Hashgraph team consisting of computer science and cybersecurity pioneers Dr. Leemon Baird and Mance Harmon, the hashgraph consensus method achieves the following notable feats:

It’s fast: 250,000+ transactions per second and limited only by a users bandwidth (Pre-Sharding)
It’s fair: mathematically proven fairness (via Consensus Time Stamping)
It’s secure: bank-grade security (Asynchronous Byzantine Fault Tolerant)
Why is Hashgraph superior to Blockchain?
[read the actual article to know more]

Only time that can answer. But from the info that I can, Hashgraph will use or adopt DAg technology .. We'll see the progress of the project in the future

[Ceballos]

Really nice news. Yes it looks like a competitor for blockchain and all crypto coins but on the other hand if crypto currencies will adopt or change the way than its going to be an alternatice and cannot kill crypto coins.
If there is a forum about hashgraph i would like to check details.

[toolsmans]

hmm ... I'll save this subject in the backbone. I think it's worth not to throw aside an interesting idea and more ditally to disassemble it, how it can press the blockade. After all, if there is a prospect, then I think it's worth keeping a finger on the pulse, so as not to miss another HYIP and enter it at the start.

[krassy]

Since I'm not a programmer, I had to understand the blockchain for a long time and still understand it, but now I came up with something new, maybe someone from the forum readers can describe it in a simpler language with examples? I will be very grateful)))

[manlyxman]

Damn just when I thought blockchain was new and the next big thing.

But either way, competition is always good and hashgraph seems interesting enough, so, we'll see with time.

[SHBlizzard]

https://www.hederahashgraph.com/council#decentralization

you pretty much have to be an accredited investor to partake in the sale

other option is to join via SAFT agreement

here is some info on SAFT agreements

https://medium.com/@argongroup/explaining-the-simple-agreement-for-future-tokens-framework-15d5e7543323

heres a forbes blog/article mention : https://www.forbes.com/sites/jeffkauflin/2018/03/13/hedera-hashgraph-thinks-it-can-one-up-bitcoin-and-ethereum-with-faster-transactions/#2278492fabcb

highlight of the article: "Emin Gün Sirer, an associate professor at Cornell and co-director of the Initiative for Smart Contracts and Cryptocurrencies, isn’t sure how much trust can be put into Hedera's platform. “The correctness of the entire HashGraph protocol seems to hinge on every participant knowing and agreeing upon N, the total number of participants in the system,” he tells Forbes. “This is a difficult number to determine in an open distributed system.” Hedera cofounder Baird disagrees, saying, “All of the nodes at a given time know how many nodes there are.” Until Hedera’s algorithm has been battle-tested in the real world, it’s likely too early to tell if its security will meet a gold standard."

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Im not investing, for many reasons, 1. Im not an accredited investor, 2. dont trust SAFT agreements 3. unproven in the real world and as of right now pretty damm centralized. maybe after a token/coin release...

Besides, theres always Byteball or Iota

[Joel_Jantsen]

Besides, theres always Byteball or Iota

IOTA really ? Last time I checked they were claimed to be a ponzi scam although I did not investigate much but don't think HashGraph and IOTA are on the same page when it comes to technical advancements.I agree hashgraph is a controlled via patents but don't think that should hold up  it's further usage.

[OneMillionToken]

Interesting, in the future we'll see if really the Hashgraph will be better than the blockchain. I think it's hard but we will see

[SHBlizzard]

Besides, theres always Byteball or Iota

IOTA really ? Last time I checked they were claimed to be a ponzi scam although I did not investigate much but don't think HashGraph and IOTA are on the same page when it comes to technical advancements.I agree hashgraph is a controlled via patents but don't think that should hold up  it's further usage.

Ponzi scam? I don't think so. Will they deliver on their lofty promises? probably not anytime soon. It used to be a fraction of my portfolio.
Ultimately, my point was that they are other "hashgraph" DAG tech crypto currencies already on the market. Not to mention that Gbyte and Iota have an active github. cant say the same for hedera hashgraph.

[Ompyon]

oh did not, turn out the development is so fast,
blockchain is still in the debate that never ends,
now comes hashgraph

[Olalomi]

Let hashgraph be put into test and deploy into a network and let see it's functionality and how it is going to beat blockchain if  it pass the test then here comes a better decentralized technology for the future.

[lider1971]

There are actually many alternatives of blockchain, but other projects are likely to be unable to reach a level of popularity like it. The support of gov. structures is very strongly influenced.               

[ipbitrung01]

I do some reading I did have a first impression that hashgraph is not fully decentralised but don't the use cases still remain? Like organisations can use the platform to build their dApps (not sure if you can say dapps if it is not totally decentralised) and hashgraph has the lowest tx costs too I believe

[Ceballos]

there is still not enough info and developers for hashgraph. I am still reading and researching to finde more details about it.
Looks really nice about transaction speed and cost but still needs to be developed. Lightening or hashgraph?

[bosimpson54]

Only the future will show what Hashgraph is capable of, At the moment I don't see the blockchain going anywhere.

There are many opinions that Blockchain is safe and secure, but I also find that HashGraph has higher security and more powerful features than Blockchain, and I think Blockchain will soon be replaced with HashGraph because HashGraph has a lot of strengths more powerful.

[dwallace]

So they are licensing a public version under a governance model that reminds me of the Federal Reserve, but instead of just bankers it has a committee filled with industry representatives.   Really?  This centralized one country model again?!?!?  Someone or some group will develop a better version that will be open source (someone much smarter and less greedy).  Greed, the disease of the mind.   https://www.hederahashgraph.com/media

[VSOP_VSOP]

Blockchain has long been embedded in many areas of life, what is the point to do the same thing with another platform, do not understand. Although the project is interesting.

[JuniAiko]

They say it's patented. That in itself is enough to preclude it from being a Bitcoin alternative.
Maybe it could see some use in closed commercial contexts?

Yeps, and there is already NANO, a more superior, innovative, non-patented crypto tech for high-speed, fee-less, decentralized currency usage.

[alexpoker]

Great presentation! Blockchain is really goodbye, Hashgraph is the future of cryptoworld. Waiting for more announcements!

[sureblinks]

Bockchain can't leave the market like that, it's an old wallet and it's associated to bition which is the king of crypto currencies. And bitcoin is leading the market.