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Hedera Hashgraph: A Green Crypto to Watch

Intermediate
Altcoins
Blockchain
Jul 7, 2022
8 min read
0

With the green movement and resulting clamors for climate protection, regulators are seeking stronger measures to safeguard themselves. Meanwhile, the world’s largest crypto, Bitcoin (BTC), has been criticized for its massive energy consumption, a trait that’s typical of every proof of work (PoW) protocol. So it’s a no-brainer that there’s a real need for green cryptocurrencies.

The scalability of the crypto world depends on how clean the protocols can be. Hedera Hashgraph is known for its environmental sustainability — which is vital for future crypto mass adoption.

Let’s discuss how Hedera works and if it’s a good investment choice.

What Is a Hedera Hashgraph?

The Hedera Hashgraph network is a carbon-negative network that acts as a distributed ledger for transaction fees and payments of all types, including in-app payments and micropayments. It’s also used for network protection. Developers use Hedera Hashgraph to build a secured application that has a real-time consensus. Hedera is more of a graph than a blockchain, hence it’s called Hedera Hashgraph.

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