What is Hedera Hashgraph?

Hedera Hashgraph is a distributed ledger technology (DLT) platform that provides a secure, fast, and fair platform for developers to build decentralized applications (dApps).

It is an open-source, permissioned DLT platform that uses a directed acyclic graph (DAG) consensus algorithm to achieve high throughput and low latency. Hedera Hashgraph was created by Dr. Leemon Baird and Mance Harmon in 2016.

It is based on the hashgraph consensus algorithm which is an asynchronous Byzantine Fault Tolerance (aBFT) algorithm. This means that it can achieve consensus without the need for miners or other third parties. This makes it more secure than other DLT platforms such as Bitcoin and Ethereum which rely on miners to reach consensus.

The Hedera Hashgraph platform also offers features such as smart contracts, tokenization, and digital asset management. It also provides a platform for developers to create dApps with high throughput and low latency. Additionally, Hedera Hashgraph offers a decentralized file storage system called Swirlds Filecoin which allows users to store files securely on the network without relying on centralized servers or cloud storage providers.

Overall, Hedera Hashgraph is an innovative DLT platform that provides developers with a secure, fast, and fair platform for building dApps with high throughput and low latency. It is an open-source permissioned DLT platform that uses the hashgraph consensus algorithm to achieve consensus without the need for miners or other third parties. Additionally, it offers features such as smart contracts, tokenization, digital asset management, and decentralized file storage system called Swirlds Filecoin.