Hashgraph Consensus

Hashrate Tokens are digital assets representing a portion of a cryptocurrency mining operation's hashing power, enabling investors to benefit from mining rewards without the need for hardware management.

Hashgraph consensus is a method used for achieving agreement among distributed nodes in a network. Unlike traditional blockchain methods that rely on mining or proof-of-stake mechanisms, Hashgraph employs a unique algorithm based on a directed acyclic graph (DAG). In this system, each node shares information about transactions through a process called gossip. This allows nodes to quickly spread updates about the status of the network. Additionally, Hashgraph uses a consensus algorithm known as virtual voting, which determines the order of transactions without the need for extensive computational work.The combination of gossip and virtual voting makes Hashgraph highly efficient. It achieves high throughput and low latency, enabling thousands of transactions per second while maintaining security. One of its key advantages is that it doesn’t rely on mining, making it more environmentally friendly. Overall, Hashgraph offers an innovative approach to maintaining consensus, providing speed and scalability while addressing some limitations of traditional blockchain technologies.

Latest Resources and Blogs