HBAR (Hedera Hashgraph) In-Depth Research Report
1. Core Project Overview
Hedera Hashgraph is a distributed ledger technology (DLT) platform based on the Hashgraph consensus mechanism, with HBAR serving as its native token for network fee payments, node staking, and governance voting. Unlike traditional blockchains, it employs an Asynchronous Byzantine Fault Tolerance (aBFT) mechanism to achieve a balance between security, throughput, and latency, positioning itself as 'enterprise-grade public chain infrastructure.'
2. Technical Architecture and Advantages
1. Core Technology: Hashgraph Consensus
Hashgraph achieves three key advantages through the 'Gossip about Gossip' information dissemination mechanism and the 'Virtual Voting' consensus process, without the need for Proof of Work (PoW) or traditional Proof of Stake (PoS).