Patented Hashgraph consensus algorithm with aBFT security
Last updated Dec 7, 2025
Hedera Hashgraph positions itself as a next-generation alternative to traditional blockchain platforms, emphasizing superior performance, fairness, and governance. The platform competes in the enterprise distributed ledger space by offering predictable low fees, high throughput (10,000+ transactions per second), and carbon-negative operations. Hedera's governing council model, comprising major global enterprises, differentiates it from other public networks by providing institutional credibility and decentralized governance without sacrificing performance.
Hedera Hashgraph is an enterprise-grade public distributed ledger technology platform that provides a fundamentally different approach to blockchain consensus mechanisms. Unlike traditional blockchain architectures, Hedera utilizes the patented Hashgraph consensus algorithm, which enables high-throughput transaction processing with low latency, fair transaction ordering, and enhanced security guarantees. The platform is designed to support a wide range of decentralized applications, including cryptocurrency transactions, smart contracts, file storage, and consensus services. The company operates as a decentralized public network governed by a council of leading global organizations spanning various industries, ensuring no single entity controls the platform. Hedera's architecture addresses common blockchain limitations such as scalability bottlenecks, energy inefficiency, and unpredictable transaction ordering. The platform supports developers and enterprises seeking to build decentralized applications with predictable fees, fast finality, and regulatory compliance capabilities. Hedera's native cryptocurrency, HBAR, serves as the fuel for network services and enables staking for network security.
Decentralized ordering and timestamping service for applications requiring verifiable transaction logs and audit trails
Native tokenization service enabling creation and management of fungible and non-fungible tokens without smart contracts
EVM-compatible smart contract execution environment supporting Solidity-based decentralized applications
Distributed file storage service with cryptographic proof of file integrity and deletion
Proprietary asynchronous Byzantine Fault Tolerant (aBFT) consensus mechanism providing fair ordering and fast finality
Native cryptocurrency used for network fees, staking, and securing the Hedera network
Developer software development kits available in multiple programming languages for building on Hedera
Query and analytics layer providing historical transaction data and network state information