Market Infrastructure
The Latency Wars: Why Hedera Won
In a high-frequency trading environment, "finality" is the only metric that matters. Here is how Hashgraph decoupled security from speed.
2009
Generation 1: The Settlement Gap
60 Minutes FinalityBitcoin proved the concept of trustless value, but at the cost of speed. For institutional settlement, a 60-minute confirmation window is an eternity.
2015
Generation 2: Programmable Money
6 Minutes FinalityEthereum introduced logic (Smart Contracts). While faster than Bitcoin, the mempool congestion still creates unpredictable latency for enterprise supply chains.
NOW
Generation 3: Gossip about Gossip
3 Seconds FinalityHedera Hashgraph abandons the "block" entirely. By using a DAG (Directed Acyclic Graph), it achieves ABFT security with credit-card speed. This is the threshold required for tokenized securities.