The hyperledger is an open source Blockchain Technology which is a collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by the Linux Foundation, including leaders in finance, banking, IoT, supply chain, manufacturing. The hyperledger project is to facilitate collaboration between businesses, developers, and other enterprises in the field of distributed ledger technology.
Hyperledger is not an organization. Not a digital currency. Not a blockchain. Hyperledger is somewhat like a center for open industrial blockchain improvement. Hyperledger is an open source shared exertion made to propel cross-industry blockchain innovations. It is a worldwide cooperation, facilitated by The Linux Foundation, incorporating pioneers in the fund, keeping the money, Internet of Things, supply chains, assembling, and Technology.
Contributed by Intel, Hyperledger Sawtooth consists of a dynamic consensus feature that enables swapping consensus algorithms in a running network.
Unlike Bitcoin, Ethereum etc, which are all public block chains, Hyperledger is geared more towards solving enterprise level business problems where things like confidentiality, access level etc are more important.
Key features of sawtooth over fabric:
- Highly scalable and efficient.
- Easier to extend your node count over a period of time with help of peering mechanism.
- You can extract the ledger data and then write it to any database for analytics and better read speed.
- As Sawtooth only has a bunch of validator and REST API, it has simpler network architecture and no complex systems like orderer, CA, Peer etc.
A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks.
Imagine a shared computer accessible to anyone, a single source of truth within which to store events, ownership and activities, and to execute workflow involving multiple parties without the use of separate systems and databases - and with no reconciliation required. It will change the way digital services are provided across all industries globally. Be prepared with info Science for the Blockchain changing the rules.
Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. At its simplest, Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Partner with Info Science to “codify, decentralize, secure and trade just about anything.”