The Hedera Hashgraph platform is an alternative form distributed consensus. Like other peer-to-peer platforms, it removes the need for a middleman to complete transactions.

Their website reads: “The platform is lightning fast, fair, and secure and, unlike some blockchain-based platforms, doesn’t require compute-heavy proof-of-work.”

Proof-of-work refers to a piece of data which is difficult to produce but easy for others to verify. In the space of crypto, it is used on blockchains for others to verify transactions as legitimate. It helps ensure that blockchains run as transparently as possible.

To find out more about Hedera Hashgraph and what it offers in comparison to traditional blockchain, access this article! 

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