The Internet Computer
A public supercomputer designed to host the next generation of software and services.
Hadron Platform
The Hadron Platform provides a new form of distributed consensus; a way for people who don't know or trust each other to securely collaborate and transact online without the need for a trusted intermediary. The platform is lightning fast, fair, and secure and, unlike some blockchain-based platforms, doesn’t require compute-heavy proof-of-work. Hedera enables and empowers developers to build an entirely new class of decentralized applications that were never before possible.
Fast
Hadron is fast. Right at the speed of your internet fast. The platform is built on the virtual-voting consensus algorithm, invented by Dr. Leemon Baird. This algorithm provides near-perfect efficiency in bandwidth usage, handling hundreds of thousands of transactions per second and verifying over one million signatures per second. Time to finality is measured in seconds; not minutes, hours, or days. Consensus is 100% certain and, unique to Hedera, guaranteed to never change.
Secure
Hadron has the strongest level of security possible in this category, which is asynchronous Byzantine fault tolerance (aBFT). The platform is the only distributed ledger technology that has formally proven this quality. Achieving this level of security at scale is a fundamental advance in the field of distributed systems. Hedera guarantees consensus, in real time, and is resistant to Distributed Denial of Service (DDoS) attacks, an area of vulnerability for some public ledger platforms
How it works
Using a gossip protocol, nodes efficiently and rapidly exchange data with other nodes in the community. This automatically builds a hashgraph data structure using the novel “gossip about gossip” protocol. This data structure is cryptographically secure and contains the history of communication in a community. Using this as an input, nodes run the same virtual-voting consensus algorithm as other nodes. The community reaches consensus on the order and timestamp without any further communication over the internet. Each event is digitally signed by its creator.
Hadron cryptocurrency
The Hadron brings speed and efficiency to cryptocurrency. By swapping expensive proof-of-work consensus methods for virtual-voting, throughput is high, fees are low, and micropayments become practical, while keeping the network secure. Decentralized application developers will use hbars to pay for services on the network, such as processing transactions, running smart contracts, and storing files.