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Ann: 8common joins Hyperledger Consortium, page-2

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  1. 3,251 Posts.
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    This is big news. Takes the company into an elite circle. Hyperledger is the largest private enterprise push into DLT  being developed by a large conglomerate. This is a big clue as to what direction the company plans to head towards. an excerpt from a good article that explains difference between hyperledger and ETH - one of the largest protocols built using blockchain technology.

    ETHEREUM VS. HYPERLEDGER FABRIC

    The most fundamental difference between Ethereum and Hyperledger is the way they are designed and their target audience. Ethereum with it's EVM, smart contract and public blockchain is mostly targeted towards applications that are distributed in nature. On the other hand, Fabric has a very modular architecture and provides a lot of flexibility in terms of what you want to use and what you don't. It's pretty much a la carte and is targeted at businesses wanting to streamline their process by leveraging blockchain technology. For example, it is not possible in Ethereum to have a transaction visible to someone, but not visible to others (a requirement that is very common in business). Fabric allows this and much more.
    Ethereum’s permissionless mode of operation and its total transparency comes at the cost of performance scalability and privacy. Fabric solves performance scalability and privacy issues by permissioned mode of operation and specifically by using a BFT algorithm and fine-grained access control. Further, the modular architecture allows Fabric to be customized to a multitude of applications. An analogy to a versatile toolbox can be drawn.
    Ethereum also has a built in cryptocurrency (eth) and thus can be a very good match for applications that need this inbuilt. However, this could also be a disadvantage as there are several use cases where the cryptocurrency is not really needed.

    https://blockchaintrainingalliance.com/blogs/news/ethereum-vs-hyperledger
 
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