Hey:-)
Another spanner is in the distributed ledger technology. We have been using blockchain technology to avoid third parties, skewed democracy, and outright dictatorship, and grappling with its inherent problems.
Enter Shared Worlds, aka Swirlds, and they have brought to the world what is known as the Hashgraph Consensus Algorithm.
It now starts to emerge that we do not necessarily have to enjoy distributed consensus solely by following blockchain technology with its attendant not-so-decentralized nature!
Bitcoin is too slow! What?
Yes… We can achieve distributed consensus in another way that is now informally known as the ‘gossip about gossip’ algorithm! The hashgraph consensus. Continue reading „Introducing the Hashgraph Consensus Algorithm“