Hedera Hashgraph is a public network based on distributed ledger technology (DLT), developed for businesses and companies as a platform for decentralized services and applications. Hedera positions itself as a third–generation public network, the next stage in the development of bitcoin and Ethereum. The strengths of the project include high scalability, security, smart contracts, energy efficiency and low usage fees.

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🔗Blockchain ecosystems Hedera and Algorand have collaborated on a new alliance and open-source protocol to develop a decentralized wallet recovery system called DeRec.