BlockchainBrad chats with Jordan Fried, the VP & GBD of Hashgraph about DLT, permissioned ledger architectures and enterprise solutions. But what is Hashgraph? It is the internet trust layer & the new distributed consensus framework. It is business focused and has some very powerful enterprise/business solutions.
The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don’t know or trust each other to securely collaborate and transact online without the need for a trusted intermediary. The platform is lightning fast, secure, and fair, and, unlike some blockchain-based platforms, doesn’t require compute-heavy proof-of-work. Hedera enables and empowers developers to build an entirely new class of distributed applications never before possible.
The Hedera Hashgraph Council will be the governing body of the Hedera hashgraph network. The council will consist of up to 39 leading organizations and enterprises in their respective fields, with membership designed to reflect a range of industries and geographies, to have highly respected brands and trusted market positions, and to encourage a wide variety of perspectives. The Governing Members will elect the Governing Board and also contribute expertise through subcommittee membership. Hedera’s governance terms ensure no single member will have control, and no small group of members will have undue influence over the body as a whole.
You can build an entirely new class of distributed applications on Hedera hashgraph using a native cryptocurrency. You will have complete ownership and discretion over the licensing you choose for these applications. The platform will provide a fluid ecosystem and transparent codebase, and is supported by a global community committed to free education.
The Hedera hashgraph network will have a native cryptocurrency, which is a utility token that grants token holders access to distributed applications on the platform. The token may also be “staked” and used to run a node (for example, adding CPU to the Hedera public network), thereby providing the network security within the public ledger. We expect the token to act as a unit of value to motivate responsible use and governance of the platform.
Hashgraph – Coming Out of Stealth Video
Original Hashgraph recap video link: