The hashgraph algorithm is protected by patents. The patents are a tool designed to inhibit forking and the associated instability and loss of network effects. The absence of enterprise-grade applications running on the public networks today is partly due to the possibility of those platforms splitting into competing platforms and cryptocurrencies. This represents risk to anyone considering building mission critical applications on those platforms. The patents will allow Hedera to make a commitment to such enterprises that we will never authorize a fork.
Articles in this section
- 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 PoW?
- How efficient is the hashgraph consensus algorithm?
- Does the FLP theorem say aBFT consensus is impossible?
- Where can I find more information about the Hashgraph coq proof?
- What is aBFT?
- What is virtual voting?