September 17, 2019 Hedera Hashgraph, a blockchain alternative emphasizing transaction speed, is now live.

Hedera Hashgraph is a distributed ledger technology utilizing a directed acyclic graph (DAG) architecture, designed as a scalable alternative to a traditional blockchain and supporting 10k TPS. The project was funded through a private token sale that raised $120 million in 2018, which valued the initial network at over $6 billion. Hedera’s codebase is patented by parent company Swirlds, with nodes operated by a variety of major corporations including IBM and Boeing.