Why Investors Need to Know This Underrated Cryptocurrency

What if I told you there was a cryptocurrency out there that is governed by a cohort of Fortune 500 companies like Alphabet and IBM,  used for an array of interesting projects and use-cases, and can be bought for just $0.10 per token? And one more thing -- it isn't a blockchain. That's exactly what Hedera Hashgraph (CRYPTO: HBAR) is.

Hedera Hashgraph is a distributed ledger of transactions, just like other cryptocurrencies, but Hedera differs from its peers in that it does not use blockchain technology.  Hedera instead utilizes a consensus algorithm called a hashgraph, which was developed by its co-founder, computer scientist Leemon Baird. Hashgraph technology is patented, so Hedera is unique in that it is the only cryptocurrency using this technology. In a hashgraph, the different nodes within the network "gossip" to each other to create a time-sequenced record of all transactions. 

Image source: Getty Images.

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Source Fool.com