Distributed Ledger
summary
Compares Paxos/Raft to PoW and Hashgraph, arguing proof-of-work is slow and energy‑heavy — roughly one minute per Bitcoin block and ~2^40 trials (~1 trillion) to hit 40 leading zero bits, and showing a Hashgraph prototype: SDK jar, four local nodes, gossip + virtual voting reaches identical consensus order in the demo. Hashgraph claims leaderless, median timestamping for fairness and sharded groups with a 39‑member governance (permissioned, proof‑of‑stake node assignment) aiming for higher throughput and practical decentralisation.
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chapters (7)
- 0:00Start
- 1:31Agenda
- 3:13Consensus Algorithm
- 7:38Proof-of-Work
- 10:48Principle of Thermodynamics
- 19:01Demo
- 20:10Initiate the Consensus Platform
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