Hashgraph

Hashgraph

Hashgraph which is also a distributed ledger technology primarily helps in enhancing the information infrastructure.Hedera can be defined as the public network based on decentralized mechanisms used to develop secure applications using real time consensus. The Hedera Consensus Services(HCS) is a secured layer built on the permissioned layer of the network application.It is used to create secure, verified, immutable log of messages. HSC can be used to track assets and information in the supply chain system.Some other applications can be creating logs of audible events, or using it as a decentralized ordering service.
Hedera Hashgraph works on a better consensus mechanism eliminating the loopholes of blockchain. Without failure, haderss hashgraph can provide a faster performance in a very cost effective methodology.It is also beneficial comparatively as it consumes less electric supply even after providing high computation power.
Talking about the performance and the computation power, as the information/ data travels exponentially, hadera hashgraph can execute hundreds of transactions per second, unlike other blockchain platforms.
It is beneficial for the data miners as well as it facilitates them to select the order of the transactions, and at times delay or stop them from getting added to the block. Hashagraph also uses consensus of timestamp, which would prevent the users from changing the order of the transactions.Hashgraph totally depends on the consensus algorithm to eliminate the inadequacies.