The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don't know or trust each other to securely collaborate and transact online without the need for a trusted intermediary. The platform is lightning fast, secure, and fair, and, unlike some blockchain-based platforms, doesn’t require compute-heavy proof-of-work. Hedera enables and empowers developers to build an entirely new class of distributed applications never before possible.
The hashgraph data structure and consensus algorithm provides a new platform for distributed consensus. This introduction gives an overview how hashgraph works, and of some of its properties.
The goal of a distributed consensus algorithm is to allow a community of users to come to an agreement on the order in which some of them generated transactions, when no single member is trusted by everyone. In this way, it is a system for generating trust, when individuals do not already trust each other. Hashgraph achieves this in a fundamentally new way.
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