In this article, we will discuss the difference between blockchain & Hashgraph. These differences according to the categories.
1. Mining
In Blockchain Development, Participants have the ability to mint new token via different consensus mechanisms,
In Hasgraph, Nodes create consensus through virtual voting.
2. Transactions Per Second
In Blockchain, Highly limited in terms of scalability and TPS
In HashGraph, Unique consensus mechanisms reduce computational burden hence high scalability and high TPS
3. Data Structure
In Blockchain, Data Structured in blocks in order of transactions which are validated by miners in the ecosystem.
In HashGraph, Virtual voting and Gossip about Gossip ensures that transactions are validated by the majority.
4. Validation of Transactions
In the blockchain, Miners have the power to postpone a transcation or cancel it entirely.
In Hashgraph, Validation of transactions is as per consensus.
5. Time of Launch
In Blockchain, went public in 2008
In Hashgraph, Available for public use as of august 24 2018
6. Networks Running on the platform
In public Bitcoin and Ethereum are the most popular networks built on the blockchain.
In HashGraph, NOIA is the only network on Hashgraph