Answered: Hashgraph is permissioned and centralised (run by member nodes only).

Mon, 07 Jun 2021 20:40:15 +0000

Hedera is a permissioned network because they are operating at the theoretical frontier of speed and security. Eventually, this will be a permissionless network, but they will do so progressively without sacrificing security. The hashgraph algorithm is highly decentralized - there are no leaders, miners, coordinators, or block producers with special influence towards consensus.

The hashgraph algorithm is open review and all the services are open source. Anyone can propose changes thought the HIP program. Hedera has better throughout than [X coin] before sharding (250k-400k tps) and will experience less latency as the network expands (through a consensus mechanism that is at the theoretical limit of simplicity and efficiency).

Sources

Is the Hedera network decentralized?

Hedera.com

Thanks to https://twitter.com/ArragornV and https://twitter.com/NicholasVottero

Answered: Open source software is better than patented software

Sun, 06 Jun 2021 20:27:05 +0000

The Hedera services are available as open source and can be found in the official GitHub repository: https://github.com/hashgraph/hedera-services

The hashgraph algorithm is protected by patents. The patents are a tool designed to inhibit forking and the associated instability and loss of network effects. The absence of enterprise-grade applications running on the public networks today is partly due to the possibility of those networks splitting into competing networks and cryptocurrencies. This represents risk to anyone considering building mission critical applications on those networks. The patents will allow Hedera to make a commitment to such enterprises that we will never authorize a fork.

The hashgraph platform is available as open review and has been audited by multiple code audit firms. The audit from FP Complete for the hashgraph consensus platform code, as well as the COQ proof from Carnegie Melon, are made available on the 'Audits and Standards' page: https://hedera.com/audits-and-standards

Open review ensures the source code is made available for anyone to read, recompile, and verify that it is correct.

Through the Hedera Improvement Proposals (HIP) you can propose new features for the Hedera services codebase.

Sources:

All our services are belong to you

When will I be able to review the Hedera source code? Has the Hedera source code been audited? If so, is the audit publicly available?

What is the OSS license for Hedera network services?

How can I contribute to the OSS Hedera network services?

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Answered: Hashgraph is permissioned and centralised (run by member nodes only).

Answered: Open source software is better than patented software