Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second, according to a May 2 news release from Canada's University of Waterloo.
Where it formerly maxed out around 3,000 TPS, the researchers claim they managed to achieve 20,000 TPS.The university's work focused on improving "End-to-end transaction throughput" by redesigning Fabric's ordering service, transaction service and data management layer.
"Our modifications are completely under-the-hood. Fabric's application programming interfaces and modularity stay intact, so existing applications work just as before."
Professor Lukasz Golab said the researchers are now in discussions with major Fabric contributors who want to adopt their optimizations in future releases.
Golab described the reception so far as very positive.
Professor Srinivasan Keshav explained that the team is now determined to pursue further optimizations, which they believe could take Hyperledger Fabric's capacity to 50,000 TPS.The Hyperledger community has been expanding apace.
In February, Intel launched a commercial package through the ecosystem.
The package is designed for businesses that want to launch their own blockchain quickly and efficiently.
Italy's postal service, Poste Italiane, joined in January, following in the footsteps of America's FedEx, which claimed the technology has "Big, big implications" for supply chains and transportation.
IBM is using its Hyperledger-based blockchain platform to improve supply chain management in the mining industry and ensure commodities such as cobalt are sourced responsibly.
Upgraded Hyperledger Fabric Sees 7-Fold Increase in Transaction Speed
gepubliceerd op May 2, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.