create account

RE: Get ready for a new technology that will enable a truly free, peer-to-peer economy far better than blockchain ever can by tonyr

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @newsandviews/an-extremely-simple-explanation-of-hashgraph-and-why-it-will-eventually-blow-away-blockchain-and-other-dags-as-a-distributed

· @tonyr · (edited)
An excellent post @newsandviews and goes at least some way in explaining to someone as technologically unaware and incompetent as myself how blockchain tech works. I have seen for a while the potential dangers in blockchain technology and wonder at the choice and use of the word itself, as with so many others in life. Hashgraph definitely sounds a more secure and less controllable route in future, despite the 34% statistic.

I'm really slow at all the techno mumbo jumbo. My brain isn't wired that bway but I try to keep up as best as I can and am curious to find out more having read your very interesting article.

Thanks, my friend. I hope your day is going well. :)
👍  
properties (23)
authortonyr
permlinkre-newsandviews-an-extremely-simple-explanation-of-hashgraph-and-why-it-will-eventually-blow-away-blockchain-and-other-dags-as-a-distributed-20171224t173823573z
categoryfreedom
json_metadata{"tags":["freedom"],"users":["newsandviews"],"app":"steemit/0.1"}
created2017-12-24 17:38:24
last_update2017-12-24 17:38:42
depth1
children1
last_payout2017-12-31 17:38:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length673
author_reputation8,367,920,209,114
root_title"Get ready for a new technology that will enable a truly free, peer-to-peer economy far better than blockchain ever can"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id25,053,039
net_rshares3,934,417,430
author_curate_reward""
vote details (1)
@newsandviews · (edited)
Thanks a lot tonyr! I'm very glad to hear that the article has been helpful. I really want to make sure that it easy to understand as well, so thanks very much for the thumbs up. Considering the potential dangers in manipulated and controlled systems, I think it's really important to make it easy to understand the differences between the technologies and what they offer vs. others.

I believe that Hashgraph is fundamentally different and is going to be a game changer for ensuring fair, fast, and secure peer-to-peer networks that can't be controlled by the historical monopolies and oligopolies that we have gotten used to in the past.

Unfortunately, I was wrong about the 34% statistic in the sense that all blockchains actually have the same potential limitation. So Hashgraph is no worse than any other shared ledger solution out there. I've corrected this in the article above.

I hope you're having a great Christmas and I wish you a great start to the New Year. All the best to you and your family and friends. - N&V
👍  
properties (23)
authornewsandviews
permlinkre-tonyr-re-newsandviews-an-extremely-simple-explanation-of-hashgraph-and-why-it-will-eventually-blow-away-blockchain-and-other-dags-as-a-distributed-20171225t102021155z
categoryfreedom
json_metadata{"tags":["freedom"],"app":"steemit/0.1"}
created2017-12-25 10:19:54
last_update2017-12-25 10:21:15
depth2
children0
last_payout2018-01-01 10:19:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,028
author_reputation3,103,741,266,799
root_title"Get ready for a new technology that will enable a truly free, peer-to-peer economy far better than blockchain ever can"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id25,147,441
net_rshares3,847,946,717
author_curate_reward""
vote details (1)