I have read through the whitepaper as well but will need to read it a couple of more times to fully understand the differences with blockchain technology. The ability to scale and generate the volume of transactions it mentions is surely a huge leap forward if we want to integrate the crypto space with real world transactions today like e-commerce.

However, I am split on their direction with governance. While they want to target 39 “renowned enterprises” for the governance, we do not know much more of the requirements to fall in that elite group. I would be concerned that some of them would be today’s centralized organizations that have the financial system and internet doninated at the moment. Also, they are a for profit organization and another organization Swirlds owns the intellectual property rights in the hashgraph consensus algorithm. This concerns me in the long run if it is truly a success.

Definitely interested in hearing more views and perspectives of this project. Thanks for your thoughts!