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.

Links:

https://www.hederahashgraph.com

Hashgraph – Coming Out of Stealth Video

Original Hashgraph recap video link:

source

18 COMMENTS

  1. I like this guy. What he said after 48 mins is very very important. No one, of any standing in the business world, will deploy anything on something that’s forkable!
    Now if I’m not mistaken, neither Neo, Ontology, or any of the Neoverse gang are Forkable!

  2. Watch out for a fixed supply. It needs to grow with population size otherwise it will be deflationary. Even gold supply grows around that amount. Talk to Jim Rickards for details on why that's a design flaw with bitcoin.

  3. Thanks for this champ! I have been eagerly anticipating this interview 🙂 I maintain an outlook of optimistically intrigued skepticism haha. I would say that overall you take a fairly unbiased approach although you are very agreeable and you don’t play devils advocate or pursue counter arguments very strongly which can lead to this being a platform for projects championing what they have to offer, just as a respectful critique. Also, I have noticed in multiple videos of yours where you hint at some insider knowledge about partnerships etc. but follow up by saying “we won’t name names” which is a bit of a tease. If there is no legal restrictions to you sharing this information, which I would say there isn’t if the info is out there and you found it, why the hesitation to share info that could be instrumental in people deciding whether they will invest in these projects or not? Anyways, all of this is said with the upmost respect and I greatly appreciate all of your hard work! Ps. Do you have any plans to cover Sovrin?!..

  4. This sounds like great tech that’s completely controlled by large corporations. Had they done a public ico I would have actually liked the project. Apparently I’m small minded for thinking this way but according to this guy, the large corporations are more productive members of society because they have more funds to contribute to the greater cause. This is centralization for the decentralized world, but hey that’s okay since the little guys can still run nodes right ?
    Chaos in the crypto space is perfectly fine, survival of the fittest. What this company did was make an attempt at giving those currently in power a chance to stay in power. Forks can happen to chains, but adoption is a complete different story. Also icon icx cannot be forked.

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