Hash Graph

Definition ∞ A Hash Graph is a type of distributed ledger technology that uses a gossip protocol and a directed acyclic graph (DAG) data structure to achieve consensus. Unlike traditional blockchains that process transactions sequentially, Hash Graph allows for asynchronous communication and parallel processing, potentially leading to higher transaction throughput and faster finality. It is a novel approach to achieving distributed agreement on the state of a ledger. This structure provides a foundation for highly scalable decentralized networks.
Context ∞ Hash Graph technology is frequently discussed in the context of alternative consensus mechanisms to traditional proof-of-work or proof-of-stake blockchains. News reports often focus on projects adopting or developing Hash Graph-based solutions for their scalability and efficiency advantages. The debate centers on its ability to compete with established blockchain architectures in terms of security, decentralization, and adoption by mainstream applications and enterprises.