Post
Topic
Board Development & Technical Discussion
Re: Question: Hashgraph
by
hatshepsut93
on 20/01/2018, 19:22:25 UTC
Hi, guys

Today, I read an article about Hashgraph. In short, this technology is developing in parallel with blockchain.  I don't fully understand the technical part. They are very similar, but hashgraph faster than blockchain. So I have a question, what is the fundamental difference? And whether hashgraph to be a murderer blockchain?


I believe it's a similar to IOTA's tangle, it has no blocks, and I believe it suffers from similar game theoretical exploits that could lead to lack of security compared to proof of work, but the biggest concern is the fact that it's closed source, which makes it have 0 value as far as im concerned. No way it poses real competition for Bitcoin.


And the fact that all those "innovative" projects that are promising to disrupt Bitcoin and blockchain are spending a lot of resources on marketing while having very little codebase makes them extremely suspicious. This is the exact opposite of Bitcoin - free, non-profit and open-source project maintained by volunteers and community with no central authorities.