Hashgraph Development
Hashgraph Hereafter for Decentralization!
You wonder what is Hashgraph?
The concept of a distributed ledger has been in the spotlight since 2008, and hashgraph is the newest entrant into the decentralization arena. Hashgraph envisions a new and improved peer-to-peer computing model that will take its power to new heights. The hashgraph will overcome the hurdles to efficiency, scalability, and interoperability as we transition from client-server to a new trust layer for the internet. In addition, hashgraph intends to use Asynchronous Byzantine Fault Tolerance to address the Byzantine General’s Problem.
Currently, the Hashgraph is a private, permissioned network that is being used to develop economically viable solutions. The hashgraph is naturally protected against Sybil assaults due to prior knowledge of the nodes and identities. Any maliciousnesses will be accounted for by the consensus methods, which will keep the overall throughput.
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Gossip Protocol
Hashgraph is based on the gossip protocol, also known as the epidemic protocol, which is a computer-to-computer communication mechanism. These are based on how information is disseminated by social networks.
Better Security
Asynchronous Byzantine Fault Tolerant (asynchronous BFT) is a hashgraph consensus technique that allows the community to decide which transaction in a network should be executed first. When a consensus is reached, a mathematical proof for the time exists.
Virtual Voting
Virtual voting is followed by Hashgraph. The node can inspect its own hashgraph, investigate other nodes, and vote in the other node's place. When two-thirds of the nodes in the network are witnesses, the nodes are considered to be in agreement.
Increased Fairness
Hashgraph ensures that data is ordered correctly and that timestamps are accurate. The fair ordering of transactions provides for order priority based on order time. Furthermore, fair timestamps foster trust in the community as a whole, rather than just a single miner.
Higher Throughput
Hashgraph generates a tremendous amount of throughput. It can handle 250,000+ transactions per second in one shard and can accomplish 50,000 times faster transactions. Hashgraph also has a low latency, thus transactions are sent out in a matter of seconds.
Scalable
Because the Java Software Development Kit (SDK) is easier to master than solidity, the hashgraph's Distributed Ledger Technology(DLTS) is highly scalable. These features allow the hashgraph to scale in terms of transactions and bandwidth.
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Micropayments
Cyber Security with Edge Computing
Hashgraph Stock Markets
Secure Power Systems
Live Collaboration DApps
Supply Chaln Management
Decentralized Auctions
Tracking in Logistics
Hashgraph Game Development
Identity Management
Hashgraph with Artificlal Intelligence
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