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

in #swirlds8 years ago

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

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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?