Hedera Hashgraph tries to be like the bitcoin blockchain, but better in every respect

At an event in New York City last night, a cryptocurrency startup called Hedera publicly unveiled its plan to bring credit card company-type speed to crypto payment processing. There were 1,000 audience members in attendance at the PlayStation Theater in New York’s Times Square, and 80,000 more around the world watching the livestream. Cryptocurrency is hardly the niche nerdy thing it used to be, but it still has a long way to go before it becomes a conventionally useful payment mechanism. It can take up to 10 minutes for a single bitcoin transaction to be confirmed and settled. The bitcoin blockchain can only process some 10 transactions per second. Ethereum…