Generations

Blockchain 360

Ethereum
(2nd Generation)



Hashgraph
(3nd Generation)



Stats

Bitcoin pioneered decentralized infrastructure and Ethereum brought programmability. But earlier proof-of-work blockchains consume massive amounts of energy and process transactions slowly in order to achieve acceptable levels of security. Heavy bandwidth consumption by these technologies leads to expensive fees, even for a simple cryptocurrency transaction. New generations of DLTs, such as Hashgraph, seek to solve these issues and provide a promising future for the technology.

1st Gen.
Bitcoin
2nd Gen.
Ethereum
3rd Gen.
Hedera
Transactions
Per Second
3+ tps 12+ tps 10,000 tps
Average fee $22.57 $19.55 $0.0001
Transaction
confirmation
10-60 minutes 10-20 seconds 3-5 seconds
(w/finality)
energy use per
transaction
885+ KWH 102+ KWH 0.00017 KWH