Hedera Hashgraph is a distributed ledger technology (DLT) platform that uses a consensus algorithm called the Hashgraph to achieve fast, secure, and fair transactions.
The Hashgraph algorithm was created by Dr. Leemon Baird and his team, and it is based on a directed acyclic graph (DAG) data structure that allows for high throughput and low latency.
The Hedera network is designed to support decentralized applications (dApps) and enterprise-grade solutions, such as supply chain tracking, identity management, and payment processing.
It offers several features, including smart contract support, tokenization, and file storage, and it has its own cryptocurrency called HBAR.
Hedera Hashgraph is governed by a council made up of a diverse group of organizations, including Google, IBM, and LG, which helps to ensure the platform's stability and scalability.
Additionally, the platform is built to be energy-efficient, with a low carbon footprint compared to other DLTs like Bitcoin and Ethereum.
Overall, Hedera Hashgraph aims to provide a fast, secure, and scalable alternative to traditional DLT platforms and has gained traction in industries such as finance, healthcare, and supply chain management.
