What the heck is a hashgraph

A Hashgraph is a distributed ledger technology that is used to create a decentralized and tamper-proof record of transactions. It is a type of directed acyclic graph (DAG) that is used to create a distributed ledger that can be used for a variety of purposes, including financial transactions, supply chain management, and more. The Hashgraph consensus algorithm is based on the idea of virtual voting, where each node in the network votes on the order of transactions. This allows the network to achieve consensus on the order of transactions without the need for a central authority or miner. One of the key advantages of the Hashgraph consensus algorithm is that it is extremely fast and can process thousands of transactions per second. It is also more secure than traditional blockchain technology, as it is resistant to the types of attacks that can be used to disrupt the network. The Hashgraph algorithm is also more energy-efficient than traditional blockchain technology, as it does not require the use of proof-of-work (PoW) or proof-of-stake (PoS) to achieve consensus. Hedera Hashgraph is a public network that uses the Hashgraph consensus algorithm. It aims to provide faster, more secure, and fairer transactions compared to traditional blockchain technology and can be used in a variety of industries, including finance, supply chain, and gaming.

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