Blockchain is a technology that allows the online and offline worlds to interact through different types of data. Blockchain technology can be categorized into two types: public blockchain and private blockchain. A public blockchain is a shared, open, distributed ledger that is publicly available and owned by no one. The data is verified and maintained by a computer network that uses cryptography to record and verify transactions.
A private blockchain is a shared and regulated ledger by a specific group or organization. The data is only available to those given access, and an appointed computer network verifies the records.
Hyperledger is a blockchain technology that is based on the Hyperledger Fabric. It is a framework for distributed ledgers that allows multiple distributed ledgers to connect and share information with one another. It is used by many different organizations, such as banks and governments.
Blockchain is a decentralized peer-to-peer ledger that records and verifies all transactions in a public network. The ledger is duplicated for each network member and the records are synchronized. The ledger is managed by a computer network that performs complex mathematical calculations to verify transactions. Blockchain is often used to track transactions in Bitcoin and other cryptocurrencies.
Hyperledger is a blockchain implementation that is based on open-source software. It was created by the Linux Foundation to promote the development of cross-industry blockchain technologies. The main goal of Hyperledger is to "incubate and accelerate the development of open-source blockchain technologies."
This blockchain is not just for financial institutions but for industries across the board. It is an open-source blockchain that can be implemented in various industries, including finance, healthcare, supply chain, and manufacturing. Hyperledger technology enables a world where transactions and interactions that used to be complicated and expensive are simple, safe, and secure with a level of trust and transparency never before seen.
blockchain | Hyperledger |
Blockchain is a decentralized ledger | Hyperledger is a distributed ledger |
It is made up of blocks | It is made up of linked ledgers |
Best suited for financial transactions | Best suited for business transactions |
It is shared across a computer network | Created in response to the limitations of blockchain |
Used to power cryptocurrencies | It focuses on creating business networks |
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