Are blocks mined in HyperLedger?

Let's lear more about the basics of Hyperledger project
18 December 2017   2785

What is HyperLedger? 

Hyperledger is an umbrella project of open source blockchains and related tools, started in December 2015 by the Linux Foundation, to support the collaborative development of blockchain-based distributed ledgers. Hyperledger is designed to create enterprise grade, open source, distributed ledger frameworks and code bases to support business transactions.

One of the first question that rises when studying Hyperledger is "Are blocks mined in HyperLedger?" And the answer is no. Let's figure out, why. 

Hyperledger Validating Peers (VPs) do not mine blocks and do not share the blocks between them. Here is how it works:

  1. A transaction is send to one trusted VP.
  2. The VP broadcasts the transaction to all other VPs.
  3. All VPs reach consensus (using PBFT algorithm) on the order to follow to execute the transactions.
  4. All VPs execute the transactions "on their own" following the total order and build a block (calculating hashes mainly) with the executed transactions.

All the blocks will be the same because: the transaction execution is deterministic (should be) and the number of tx in a block is fixed.

You can learn more at official website

Hyperledger to Release New Framework Grid

New framework is designed for mature businesses standards implementation
25 January 2019   300

The Hyperledger consortium introduced the Grid framework for developers of blockchain supply chain solutions.

Hyperledger platforms are flexible by design, but, as such, do not speak the language of any business or have opinions on how basic data types should be stored. In reality, enterprise business systems and market models are actually quite mature, as organizations have been transacting electronically based on common standards for decades.  Grid will provide a place for implementations of these standards and norms.
 

Hyperledger Team

Hyperledger Grid
Hyperledger Grid

The initiative has already been supported by Cargill, Intel and Bitwise IO.

Previously, the Hyperledger technical steering committee approved the Ursa project, a modular cryptographic library for solution developers based on distributed registry technology.