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April 18, 2018· International Journal of Engineering & Technology
article
Open access

A fabric architecture towards block chain application using hyper ledger

Authors:M. Harris HaseebK. Raja SekharY V. SpandanaM Syam

Abstract

Block chain is a trust which can be best understood by the state machine replication, It is decentralized distributed ledger which is along all peers in the network connected through nodes over Internet. Every Node in the chain have equal stake and also the main factor is every node which have greater CPU cycles has a chance to operate node by spending those CPU cycles and also show Proof Of Work. Hence when the block chain is used in Business Models it loses its Private transactions and Confidential Contracts.

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