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Built On Hedera Hashgraph

Next Generation

Coro uses the hashgraph consensus algorithm, which is resistant to DDoS and Sybil attacks due to being asynchronous Byzantine fault tolerant. There are currently no other distributed ledger technology solutions on the market that meet this gold standard of security and operability. The largest popular platforms such as Bitcoin and Ethereum are based on blockchain technologies whch are slow, heavily energy consuming and insecure. Coro has advanced to the new generation of the distributed ledger.
 
Hashgraph algorithm similarly to Blockchain allows two or more parties to forge agreements, make transactions, build value, and establish trust. Where the hashgraph forges ahead, however, is through the elegance of its code, the simplicity of its structure, superior security, and the speed with which it operates.

Hashgraph uses a different mathematical approach called directed acyclic graph (DAG) that allows transactions to process in parallel, rather than linearly. Where Bitcoin processes fewer than 10 transactions per second, and Ethereum fewer than 25, hashgraph is able to process up to 500,000. To put its speed in perspective it is estimated that Visa’s network handles approximately 35,000 transactions per second.

Security: Hashgraph achieves the highest gold standard for security in the field of distributed consensus: asynchronous Byzantine Fault Tolerance (aBFT). Other platforms that use coordinators, leaders, or communication timeouts tend to be vulnerable to Distributed Denial of Service (DDoS) attacks against those vulnerable areas. Hashgraph is resilient to these types of attacks and achieves the theoretical limits of security. Achieving this level of security at scale is a fundamental advance in the field of distributed systems.

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