Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/5579
Title: Comparative Analysis Of Transaction Speed And Throughput In Blockchain And Hashgraph: A Performance Study For Distributed Ledger Technologies
Authors: Dinesh Kumar, K
Duraimutharasan, N
Shanthi, H J
Vennila, G
Prabu Shanka, B
Senthil, P
Keywords: Blockchain
Consensus Algorithm
Decentralized Systems
Distributed Ledger Technologies
Hash Graph
Issue Date: 1-Oct-2023
Publisher: Journal of Machine and Computing
Citation: Vol. 3, No. 4; pp. 497-504
Abstract: Blockchain technology garners significant attention and recognition due to several key advantages it offers. Trust, reliability, speed, and transparency are among the prominent benefits that contribute to its growing prominence. The decentralized nature of blockchain allows for a high level of trust as transactions are recorded and verified by multiple participants across the network. This, in turn, enhances reliability as there is no single point of failure. Speed is also a notable advantage, particularly when compared to traditional systems that involve intermediaries and complex processes for verification. Blockchain enables faster and more efficient transaction processing, reducing delays and costs. This research paper aims to provide a comprehensive comparative analysis of two prominent distributed ledger technologies, namely blockchain and hashgraph. Both blockchain and hashgraph offer decentralized and secure systems for recording and validating transactions or information. It explores the underlying mechanisms, consensus algorithms, advantages, and limitations of these technologies. It also examines their potential applications and discusses the implications of their respective design choices. By understanding the nuances of blockchain and hashgraph, seeks to contribute to the ongoing discourse on distributed ledger technologies and aids in decision-making for their appropriate adoption in various domains and applications. ©2023 The Authors. Published by AnaPub Publications.
URI: https://doi.org/10.53759/7669/jmc202303041
http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/5579
ISSN: 2788-7669
2789-1801
Appears in Collections:Journal Articles

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