LIVE at Consensus 2023: The Hash - The Global Herald
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Hedera's Consensus vs. Traditional Systems: A Simple Explanation Traditional Blockchain (Leader-Based) - Like a Restaurant with One Chef In blockchains like Bitcoin or Ethereum, only one chef (leader/miner) decides the order of transactions. This chef may prioritize customers who pay more (higher gas fees). If the chef is unavailable, delays happen. Forking occurs when multiple chefs cook the same order. Hedera Hashgraph (Leaderless) - Like a Well-Coordinated Potluck Dinner In Hedera’s consensus
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