blockchain becomes obsolete-----the-future be hash graph :]

in #swirlds8 years ago

https://squawker.org/technology/blockchain-just-became-obsolete-the-future-is-hashgraph/

†his will be an absa-game changer when its bopsin' out 50 k transactions per second... oh my!...

http://www.swirlds.com

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Don't worry and don't believe the hype. Hashgraph is:

a) centralized and
b) only good for unspent transaction output (UTXO), which makes the technology only interesting for pure currency purposes, all other smart contract stuff is impossible to do there

cheers for the heads up @fitzgibbon.. through sharing we better all our understanding ..

That tip U thing is great by the way... upVoted! :]

That's what Dan Larimer has said about it also, but hashgraph supports smart contracts written in Java, and a small team built an auction app (like ebay) in single session. I don't really understand the definition of UTXO but I asked on their telegram chat and was told it is not a UTXO system. Perhaps they did not understand either, can you explain how can be characterised like that?

I think blockchain will stay for a while untile something new replace it :) it is still best possible solution

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Nice post sir