Distributed ledger technologies are an innovative approach that has the potential to revolutionize many sectors today. These technologies offer the opportunity to store and share information in a secure, transparent and decentralized manner. Although blockchain is the most well-known example of this technology, alternative solutions such as Hedera Hashgraph are also attracting attention.
Hedera Hashgraph is an innovative distributed ledger platform that seeks to solve some of the fundamental problems of traditional blockchain technologies. Hedera, which stands out with its features such as high transaction throughput, low latency and reliability, attracts great attention especially in sectors such as finance, logistics and gaming.
Architecture of Hedera
Hedera Hashgraph is a decentralized phone number list public ledger network. However, it does not have the blockchain structure used by traditional blockchains such as Bitcoin and Ethereum. Instead, it uses a unique data structure called a “ hashgraph .” This data structure allows all nodes in the network to communicate directly with each other and verify transactions faster.
The basic working principle of Hedera Hashgraph is that all nodes in the network are in constant communication with each other. Each node follows the status of other nodes and receives approval from other nodes when it wants to add a new transaction to the network. This approval process is carried out very quickly and securely thanks to the hashgraph algorithm. The hashgraph algorithm provides consensus by bringing together the opinions of all nodes in the network and prevents forking.
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