Bitcoin and Ethereum may face stiff competition from this technology - Mance Harmon
— Stiff, Competition, Date, Organizations, David lin, Founder, Blockchains like bitcoin, Single bad actor, Energy efficient, Token price ," said harmon — 1 min read
Hedera's Hashgraph is a distributed ledger technology which is an alternative to blockchain. The technology is faster, less costly, and more energy efficient than blockchains like Bitcoin and Ethereum's. The average fee for a Bitcoin or Etherum transaction is $22.57 and $19.55, respectively. The company's HBAR cryptocurrency, on the other hand, has a transaction fee of $0.0001. The recent crypto selloffs have affected HBAR, which is down more than 50 percent year-to-date, but Harmon is not concerned by the market fluctuations, and said that HBAR is secure. These 26 enterprises, which include corporations like Boeing and Google, run so-called ‘Consensus Nodes' Source