Hedera Hashgraph and MZ unveil next-generation blockchain alternative

Bitcoin is famous as the cryptocurrency that introduced us to blockchain, a decentralized and transparent public ledger that used distributed computing to record transactions. But it was slow, and as Bitcoin became popular, that slowness in updating the ledger became obvious as it handled too few transactions per second.

Lots of entrepreneurs are working on speeding up the blockchain. But there’s something else out there called the hashgraph, another decentralized ledger that is billed as a fast and cheap alternative to blockchain. Today, the Hedera Hashgraph Council and MZ (formerly Machine Zone) are unveiling plans for a new distributed public ledger, the Hedera Hashgraph Platform.