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This Layer 1 Can Process ~1000x More Transactions Than ETH | Mance Harmon, Hedera
Mance Harmon claims Hedera’s core technology, Hashgraph, has solved the tradeoff between scalability and security. It’s an impressive claim. Hedera’s website boasts 10,000+ transactions per second versus ETH’s 12+ and BTC’s 3+, at a fraction of the transaction cost, and low latency while being carbon neutral or even negative.
The result is an enterprise-level layer 1 solution that has completed 2 Billion transactions since 2019 and could be the “adult in the room” of cryptocurrency. How did they do it? Why aren’t more people talking about it? Is Hedera the next ETH or BTC killer? Watch this…
The skinny
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