Hello Future - Is Hedera Hashgraph a blockchain killer?

#crypto #bitcoin

Guest:

Mance Harmon, CEO and co-founder, Hedera Hashgraph

Key takeaway:

Hedera is no threat to Bitcoin. But when compared to platform blockchains like Ethereum, Hedera appears to offer a compelling feature set and faster transaction times.

Why you should listen:

Mance explains why he thinks Hedera is a generation ahead of current blockchains, why the team has been consciously controversial, and why existing within legal and regulatory frameworks is a feature, not a bug.

Rather than use a blockchain platform, the Hedera Hashgraph is based on a DAG (Directed Acyclic Graph). This form of DLT doesn’t rely on a proof-of-work or proof-of-stake consensus mechanism. Instead, Hedera network participants act as nodes that validate each other’s transactions which leads to faster consensus. However, the hashgraph is not decentralized. Instead, it has a governing council with members including corporate heavyweights such as IBM and Boeing.

Mance Harmon co-founder and CEO of Hedera Hashgraph talks about his early years at the Missile Defense Agency where he met Leemon Baird, the inventor of the Hashgraph algorithm. The two tech entrepreneurs say they’ve solved blockchain’s scalability problem. Have they? Let’s try and find out...