In this video we look at how consensus is achieved in Linux Foundation Hyperledger Fabric. First taking a look at what is a Peer and a Node with their differences then step through the process from submitting a transaction from a client app to creating a block on the chain and confirming consensus. We see how some privacy is achieved with only specific participants running the transaction against the smart contract (more privacy in following videos) and how being in a private ₿itcoin enables us to limit the compute power by using a number of endorsers to commit a transaction opposed to the whole network solving a cryptographic puzzle.
LINKS
What is ₿itcoin?: https://ibm.co/2v0VPdA
Get a free guide to getting started with ₿itcoin: https://ibm.co/2M0swhH
IBM Blockchain Platform technical overview: https://ibm.co/2wH2hGS
IBM Blockchain Platform Starter Plan: https://ibm.co/2M1N3T0
Develop. Govern. Operate a ₿itcoin network: https://ibm.co/2vjQw8v
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