Hedera Hashgraph is a public registry that supports decentralized web-scale applications. Hedera data will be written in a DAG (directed acyclic graph) rather than in a blockchain, as in today's popular Blockchain platforms.
With its unique technology, the fund creates a robust ecosystem; allows people and businesses to interact peacefully without first meeting each other; deals cheaply, quickly and without the need for a third party.
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The Hedera proof-of-stake public network, powered by hashgraph consensus, achieves the highest-grade of security possible (ABFT), with blazing-fast transaction speeds and incredibly low bandwidth consumption. By combining high-throughput, low fees, and finality in seconds, Hedera leads the way for the future of public ledgers.
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Hedera Hashgraph is based on a consensus algorithm known as a Hashgraph. This consensus mechanism works similarly to Proof-Of-Stake, but with some differences. In this sense, unlike the Proof-Of-Work blockchain, which selects one miner to add the next block, the hashgraph mechanism selects, as a collective, through virtual voting and discussion, which transactions to add to the registry. That is, nodes interact with each other by comparing transaction history records on the network until two nodes come to the same conclusion at different stages of the process.