Hashgraph Consensus Algorithm Explained | Dr. Leemon Baird

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  • เผยแพร่เมื่อ 4 ธ.ค. 2018
  • The hashgraph consensus algorithm enables distributed consensus in an innovative way. Hashgraph is a distributed consensus algorithm that is fast, fair, and secure. This indirectly creates a trusted community, even when members do not necessarily trust each other.
    Join our community to learn more:
    Website: www.hedera.com
    Twitter: / hashgraph
    Telegram: t.me/hederahashgraph
    Discord: www.hashgraph.com/discord
    Whitepaper: www.hedera.com/whitepaper
    #LeemonBaird #HederaHashgraph #GossipAboutGossip
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ความคิดเห็น • 58

  • @Tesseramous
    @Tesseramous 3 ปีที่แล้ว +35

    I feel like there has to be 5 more hours of this to actually explain how hashgraph functions as distributed financial ledger that prevents double spending. I understand bitcoin yet am still clueless about hashgraph after watching this video.

    • @miltonbates6425
      @miltonbates6425 9 หลายเดือนก่อน +1

      The Hedera protocol consensus is explained fully in a TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

  • @GossipGuy
    @GossipGuy 5 ปีที่แล้ว +18

    Keep it up with these sort of videos! Its is really helpful. Would be cool to see other videos that explain different features of the Hedera Hashgraph platform.

  • @miltonbates6425
    @miltonbates6425 9 หลายเดือนก่อน

    For those seeking a more thorough explanation, the Hedera consensus protocol is fully addressed in the TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

  • @NevilHulspas
    @NevilHulspas 3 ปีที่แล้ว +9

    It was delivered like I could understand it, and I was telling myself that I did understand it, but I totally don't understand it. Where can I buy these tokens?

  • @herbertharris7316
    @herbertharris7316 4 ปีที่แล้ว +10

    *Simply brilliant!* //I get goosebumps every time I hear about #HEDERAHASHGRAPH and IT'S system!//

  • @tylercobb1993
    @tylercobb1993 5 ปีที่แล้ว +11

    Hashgraph will change the World!!!

  • @AlexeyZhdanoff
    @AlexeyZhdanoff 5 ปีที่แล้ว +2

    Отдельное спасибо за русские субтитры!

  • @juri8723
    @juri8723 2 ปีที่แล้ว +5

    this is _literally_ genius.

  • @fd4553
    @fd4553 3 ปีที่แล้ว

    Broken down really well

  • @zifanyan4428
    @zifanyan4428 4 ปีที่แล้ว +4

    can anyone explain to me the last part, when he mentioned "and we will wait for all those virtual voting by the stake that they are holding, how much H bar they owe "?

    • @MitchMartin2
      @MitchMartin2 3 ปีที่แล้ว +2

      *weight, not wait. We will *weight* them by the stake

    • @ElijahLynn
      @ElijahLynn 11 หลายเดือนก่อน

      That part caught my ear too, and I think he said "own" (not "owe"). It looks HBAR ownership is a key part of the algorithm but it did skip over it. I don't know this though, just speculating.

  • @dontsee1207
    @dontsee1207 5 ปีที่แล้ว +8

    Were can I buy tokens.

    • @HederaHashgraph
      @HederaHashgraph  5 ปีที่แล้ว +10

      Hedera does not control whether its token will be on exchanges, but we anticipate that HBAR will likely to be traded on exchanges at some point in 2019. Keep an eye out for updates!

  • @theurzamachine
    @theurzamachine 2 ปีที่แล้ว +3

    I kind of get it but not really. If Alice sends Bob a message and then Bob sends Charlie a message, how does Alice know when Bob sent a message to Charlie?

    • @Supremax67
      @Supremax67 2 ปีที่แล้ว

      There is a 1 hour version of this, if you want all the details.

    • @theurzamachine
      @theurzamachine 2 ปีที่แล้ว

      @@Supremax67 Where's the link?

    • @Supremax67
      @Supremax67 2 ปีที่แล้ว +1

      @@theurzamachine -- TH-cam comments does not links.
      Simply search for "simple explanation of Hashgraph". Make sure it is the Hedera channel.

    • @bono95zg
      @bono95zg 2 ปีที่แล้ว

      Didnypu find out? I still dont get it.

    • @theurzamachine
      @theurzamachine 2 ปีที่แล้ว

      @@bono95zg no

  • @Sean-ye6kt
    @Sean-ye6kt 2 ปีที่แล้ว +3

    What happens when there is a network partition or malicious nodes such that the median timestamp differs from node to node?

    • @mirekrusin
      @mirekrusin 2 ปีที่แล้ว

      Each node comes with proprietary flask of snake oil, if network partition happens, you just rub it in and partition goes away before next sunrise.

    • @miltonbates6425
      @miltonbates6425 9 หลายเดือนก่อน

      Your questions are fully addressed in the TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

  • @creativegiant148
    @creativegiant148 3 ปีที่แล้ว

    I dont know why people dont know about this such a great algo

  • @joebonfiglio3126
    @joebonfiglio3126 2 หลายเดือนก่อน +1

    After all this talk about hash, I just had to get stoned

  • @rubalu6014
    @rubalu6014 ปีที่แล้ว

    So like, you "put a message in a bottle" and gossip about the action of having sent it to others... and it creates this graph if mapped out. Pretty cool stuff.

  • @VincentVonDudler
    @VincentVonDudler 2 ปีที่แล้ว +2

    🤯 OMG! Sending messages with timestamps! What a novel idea! You should patent this!

    • @Supremax67
      @Supremax67 2 ปีที่แล้ว +6

      That's not what they patented, but thank you for playing.
      Tell him what he won Johnny!
      Johnny: "His prized was failed sarcasm."

    • @Supremax67
      @Supremax67 2 ปีที่แล้ว +1

      That's not what they patented, but thank you for playing.
      Tell him what he won Johnny!
      Johnny: "His prized was failed sarcasm."

  • @38Sefer
    @38Sefer 4 ปีที่แล้ว +1

    Türkçesi varmı?

  • @augustorvz3543
    @augustorvz3543 2 ปีที่แล้ว

    This consensus algorithm is very effective. 👍

  • @azmike1
    @azmike1 3 ปีที่แล้ว +3

    It seems to be all too much .
    All this unimportant movement.
    What is the purpose of tracking every molecule floating in the soup?

    • @abstragento0087
      @abstragento0087 5 วันที่ผ่านมา

      To have a consensus on truth I think what else that's how transactions become possible

  • @jupitereye4322
    @jupitereye4322 ปีที่แล้ว

    If everyone in the crypto industry would make this kind of explanatory video we would all make better decisions in investing our time and money.

  • @emcysquare
    @emcysquare ปีที่แล้ว

    So this consensus requires a network clock to timestamp all tx AND needs to know the number of partecipating nodes to calculate the middle of the list, and actually you should achive consensus on those first, so it's a consensus thant needs a previous consensus. Meh...
    This ordering might not be fair at all to some nodes that get late or have slow connection, so uptime + reliable high speed connection, what if those are not granted?
    What if a node cheates and puts a wrong/convenient timestamp in their transaction? What if a node cheates on "the last message received" using an older one to predate a tx? So... timestamps are not 100% reliable, hence virtual votin might be flawed and order of events/tx might be too
    So... is it just me or this thing seems to be pretty much trust based?

    • @miltonbates6425
      @miltonbates6425 9 หลายเดือนก่อน

      Your questions are fully addressed in the TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

    • @emcysquare
      @emcysquare 9 หลายเดือนก่อน

      @@miltonbates6425 Meh.... non really.
      It remains a lousy consensus.

    • @yeshua6247
      @yeshua6247 5 หลายเดือนก่อน

      Its novel indeed.

  • @asus1201n
    @asus1201n 5 ปีที่แล้ว +3

    make it open source

    • @spinLOL533
      @spinLOL533 5 ปีที่แล้ว

      itll void patent

    • @HederaHashgraph
      @HederaHashgraph  5 ปีที่แล้ว +6

      The source code will be open review and fully transparent from version one. For more info please visit the website:
      www.hedera.com/faq#is-the-source-code-open-source

  • @FlashmanVC
    @FlashmanVC 3 ปีที่แล้ว +3

    Extremely bullish

  • @gastownhero5064
    @gastownhero5064 ปีที่แล้ว

    it does not explain how the consensus is made, it only talks about each player 'claims' of their action with timestamp.
    It means there is no 'consensus' there is only 'claim' and shared file of the history of claims.
    How does the action of 'Saving the time stamped message each other' validates if the transaction is true or not?
    It seems This tech is made to be used between trusted player, it is not for anoymous ecosystem.
    Without 'validation', coin is not even needed. this algorithm can be used without a coin between trusted player.

    • @miltonbates6425
      @miltonbates6425 9 หลายเดือนก่อน

      Your question is fully addressed in the TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

  • @tauronmaikar
    @tauronmaikar 2 ปีที่แล้ว +2

    I would be weary of hedera since this talk does not really explain hashgraph consensus

    • @miltonbates6425
      @miltonbates6425 9 หลายเดือนก่อน

      Your questions are fully addressed in the TH-cam video titled: "Dr. Leemon Baird: How Hashgraph Works - A Simple Explanation w/ Pictures"

  • @m1at1
    @m1at1 3 ปีที่แล้ว +2

    Sorry: too techno-babble for me. Doesn’t make sense to me. Why is this supposed to be better than btc?

    • @epadel675
      @epadel675 3 ปีที่แล้ว +2

      Hashgraph reaches the theoretical limit of security, and comes close to the theoretical limit of speed for a consensus algorithm. So orders of magnitude faster and provably more secure than btc.

    • @tony7782003
      @tony7782003 3 ปีที่แล้ว +3

      Also consumes much less energy and processes transactions much faster.

    • @epicmedia2280
      @epicmedia2280 ปีที่แล้ว

      totally. KADENA is alot better. Based on BTC

  • @luciernagagalactica4436
    @luciernagagalactica4436 2 ปีที่แล้ว

    why never included Spanish traduction eh !!!
    the spanish American don't exist for you or what....
    fix that please ,, is about integrating world right ...

  • @brown_dynamite
    @brown_dynamite 7 หลายเดือนก่อน

    Am I the only one who find this video so irritating?

  • @belegarironhammer3200
    @belegarironhammer3200 7 หลายเดือนก่อน

    incredibly annoying Speaker