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Aug 8, 2024

Crypto Altruism Podcast Episode 167 - The Hashgraph Association - Building a Decentralized Digital Future with Hedera

In the latest episode of Crypto Altruism's podcast, Andrew Forson, TEP, Head of Ventures and Investments at The Hashgraph Association, and Crypto Altruism's Drew Simon explore the Hedera ecosystem, the tokenization of evidence-based impact, digital MRV tools, and enterprise DLT solutions.

Three Key Takeaways:

  • Hashgraph vs. Blockchain: Hashgraph and blockchain differ significantly in data organization and consensus mechanisms. Unlike blockchains, which arrange data in a linear chain of blocks, Hashgraph uses a Directed Acyclic Graph (DAG) structure and the unique "gossip about gossip" protocol for consensus. This allows Hedera to process up to 10,000 transactions per second with minimal energy consumption and low transaction costs.

  • Single Source of Truth: Publishing data on the Hedera network ensures a single source of truth, accessible globally regardless of location, economic background, or identity. This transparency is crucial for building trust and enabling worldwide data accessibility.

  • Enterprise Onboarding: Successfully onboarding traditional enterprises and impact organizations into the web3 space requires user-friendly tools that integrate seamlessly with existing web2 solutions. Tailored support and simplified interfaces are key to making the transition smooth and effective.


🎧 Listen to the full podcast here: https://lnkd.in/e_TX2fnK