Saturday, November 11, 2017

Is Hashgraph Technology Just Hype, Or Can It Dethrone Blockchain?

There is certainly a lot of hype

surrounding this latest technology, but does Hashgraph really have the potential to overtake the stalwart blockchain?
Mance Harmon, the CEO of Swirlds, the company that created the Hashgraph-distributed consensus platform, told TheStreet that Hashgraph is a next-generation distributed consensus technology.
"It is not a blockchain, but instead is a simple, elegant algorithm, mathematically proven to achieve consensus, and implemented in software," he said. "It is the only 'bank-grade' consensus technology available in the market today."
Angel Versetti, co-founder and CEO of Ambrosus, a company using blockchain to assure the quality and safety of products such as medicine and commodities, warned that everyone should be cautious of anything that is billed as "blockchain-killer."