(IJCH) Hedera Hashgraph - Welcome to the Future!

(IJCH) Hedera Hashgraph - Welcome to the Future!


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IJCH - Inside JaiChai's Head (meaning: My warped, personal opinions and musings)

From the Author:

Salutations.

I am JaiChai.

And if I haven't had the pleasure of meeting you before, I'm delighted to make your acquaintance now.

(All of the Hedera Hashgraph image Base Sources are from their website: https://www.hederahashgraph.com/)

 

Since Hedera Hashgraph is the public non-permissioned version of Hashgraph, I recommend all who are new to Hashgraph to see the below article first:

"https://steemit.com/blockchain/@jaichai/ijch-hashgraph-for-dummies-why-all-the-hype

Click Here for Article

 

Raising the Bar

 

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The symbol above is called the "H-Bar".

As Mance Harmon, CEO Hedera Hashgraph says,"Hedera raises the bar - in the crypto/distributed ledger space - in so many ways!"

 

My Takeaways

 

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Compared to current cryptocurrencies, there are so many neat, different things about Hedera Hashgraph that I will limit this article to my personal takeaways:

* 50,000 TPS per 8 regions (akin to globally)

* 250,000 TPS per continent

* 500,000 TPS per region (about the size of the East or West coast of the United States)

* AND THOSE TPS RATES ARE JUST FOR ONE SHARD WITH A LATENCY FOR FULL CONSENSUS (NOT A MERE CONFIRMATION OF MULTIPLE CONFIRMATIONS REQUIRED FOR FULL CONSENSUS) OF 2 - 3.5 SECONDS!

* State Proofs enable Hedera to super-utilize multiple shards!

* NO-FORKING

* Ethereum VM incorporated - Solidity compatible for smart contract developers straight out of the box!

* Hashgraph Council (Holistic Governance)

* ABFT - The only Asychronous Byzantine Fault Tolerance platform in existence

* Provably FAIR Market -The Order of transactions cannot be influenced by a single player.

* Network nodes will be run by regular people on regular computers!

* Many established partners - including Machine Zone (Gaming/AI Mesh Projects)

 

Watch, Read, Watch

Here's the 1:57 Introduction video to Hedera Hashgraph:

 

Download and Read their White Paper:

https://www.hederahashgraph.com/whitepaper

 

And here is the 2 :24:39 (in depth launch) video. It's worth the time to view:

 

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By JaiChai

 

Thanks for stopping by.

 

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About the Author

Believing that school was too boring, he dropped out of High School early; only to earn an AA, BS and MBA in less than 4 years much later in life – while working full-time as a Navy/Marine Corps Medic.

In spite of a fear of heights and deep water, he performed high altitude, free-fall parachute jumps and hazardous diving ops in deep, open ocean water.

After 24 years of active duty, he retired in Asia.

Since then, he's been a full-time, single papa and actively pursuing his varied passions (Writing, Disruptive Technology, Computer Science and Cryptocurrency - plus more hobbies too boring or bizarre for most folk).

He lives on an island paradise with his teenage daughter, longtime girlfriend and three dogs.

 

 

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JaiChai
JaiChai

I'm a single papa actively enjoying my varied passions (e.g., Writing, Disruptive Technology, Cryptocurrency, plus more hobbies too bizarre for most folk). I live on an island paradise with my teenage daughter, longtime girlfriend and three dogs.


(IJCH) Blockchain and Cryptos
(IJCH) Blockchain and Cryptos

IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings on Blockchain and Cryptos)

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