Hashgraph is a new kind of consensus mechanism, based on gossip about gossip and virtual voting. Previous generations of voting systems go back decades and achieve definitive consensus, but are very slow. Hashgraph’s innovation is in virtual voting, which provides all the guarantees associated with voting (which proof-of-work doesn't provide), but is incredibly efficient because the network doesn’t actually send any votes over the internet.
Articles in this section
- What are the material financial terms of the license agreement between Hedera and Swirlds?
- Can Hedera’s license to use the hashgraph technology be revoked? If so, in what situations?
- Does Hedera have an exclusive license to use the hashgraph technology?
- How much bandwidth overhead does gossip about gossip add to messages?
- Have any non-Carnegie Mellon professors or academics verified hashgraph as asynchronous Byzantine fault tolerant (ABFT)?
- Who generates the timestamp on a transaction?
- What is 'gossip about gossip and 'virtual voting'?
- Why was hashgraph invented?
- Is the hashgraph consensus algorithm patented?
- How can hashgraph deliver consensus without proof-of-work?