Analyzing the performance of data processing in private blockchain based distributed ledger
Arvind Panwar, Vishal Bhatnagar
Abstract
Arvind Panwar, Vishal Bhatnagar
Abstract
A blockchain is a new open-source technology who attract whole the business world and technology experts to research, to explore and to understand the potential of this technology in different areas. Blockchain initially released in 2008 by Satoshi Nakamoto as a fundamental technology for the first-ever global decentralized cryptography-based digital currency known as BITCOIN. A blockchain is a transparent and immutable globally distributed ledger, distributed databases, who have global agreement by all its users. It means that when anything written in distributed ledger is cannot be cheated and modified, it will be trusted if the writer of content is trusted. In this research studies, author analyzes the performance of two widely used blockchain platform one is Ethereum and second is Hyperledger Fabric.
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A blockchain is a new open-source technology who attract whole the business world and technology experts to research, to explore and to understand the potential of this technology in different areas. Blockchain initially released in 2008 by Satoshi Nakamoto as a fundamental technology for the first-ever global decentralized cryptography-based digital currency known as BITCOIN. A blockchain is a transparent and immutable globally distributed ledger, distributed databases, who have global agreement by all its users. It means that when anything written in distributed ledger is cannot be cheated and modified, it will be trusted if the writer of content is trusted. In this research studies, author analyzes the performance of two widely used blockchain platform one is Ethereum and second is Hyperledger Fabric.
Key concepts: Blockchain, Cryptocurrency, Distributed ledger, Ledger, Computer science, Digital currency, Computer security, Currency