@@ -36,47 +36,51 @@ regulatory statutes.
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WHERE WE'RE GOING
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-----------------
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- | The new architecture introduces a clear functional separation of peer
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- roles, and allows a transaction to pass through the network in a
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- structured and modularized fashion.
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- | The peers are diverged into two distinct roles – Endorser & Committer.
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- As an endorser, the peer will simulate the transaction and ensure that
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- the outcome is both deterministic and stable. As a committer, the peer
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- will validate the integrity of a transaction and then append to the
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- ledger. Now confidential transactions can be sent to specific
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- endorsers and their correlating committers, without the broader
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- network being made cognizant of the transaction. Additionally,
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- policies can be set to determine what levels of “endorsement” and
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- “validation” are acceptable for a specific class of transactions.
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- | A failure to meet these thresholds would simply result in a
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- transaction being withdrawn or labeled as "invalid", rather than
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- imploding or stagnating the entire network.
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- | This new model also introduces the possibility for more elaborate
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- networks, such as a foreign exchange market. For example, trade
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- settlement might be contingent upon a mandatory "endorsement" from a
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- trusted third party (e.g. a clearing house).
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-
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- | The consensus or "ordering" process (i.e. algorithmic computation) is
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- entirely abstracted from the peer. This modularity not only provides a
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- powerful security layer – the ordering nodes are agnostic to the
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- transaction logic – but it also generates a framework where ordering
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- can become a pluggable implementation and scalability can truly occur.
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- | There is no longer a parallel relationship between the number of peers
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- in a network and the number of orderers. Now networks can grow
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- dynamically (i.e. add endorsers and committers) without having to add
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- corresponding orderers, all the while existing in a modular
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- infrastructure designed to support high transaction throughput.
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- Moreover, networks now have the capability to completely liberate
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- themselves from the computational and legal burden of ordering by
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- tapping into a pre-existing or third party-hosted "ordering service."
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+ The new architecture introduces a clear functional separation of peer
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+ roles, and allows a transaction to pass through the network in a
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+ structured and modularized fashion.
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+
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+ The peers are diverged into two distinct roles – Endorser & Committer.
44
+ As an endorser, the peer will simulate the transaction and ensure that
45
+ the outcome is both deterministic and stable. As a committer, the peer
46
+ will validate the integrity of a transaction and then append to the
47
+ ledger. Now confidential transactions can be sent to specific
48
+ endorsers and their correlating committers, without the broader
49
+ network being made cognizant of the transaction. Additionally,
50
+ policies can be set to determine what levels of “endorsement” and
51
+ “validation” are acceptable for a specific class of transactions.
52
+
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+ A failure to meet these thresholds would simply result in a
54
+ transaction being withdrawn or labeled as "invalid", rather than
55
+ imploding or stagnating the entire network.
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+
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+ This new model also introduces the possibility for more elaborate
58
+ networks, such as a foreign exchange market. For example, trade
59
+ settlement might be contingent upon a mandatory "endorsement" from a
60
+ trusted third party (e.g. a clearing house).
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+
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+ The consensus or "ordering" process (i.e. algorithmic computation) is
63
+ entirely abstracted from the peer. This modularity not only provides a
64
+ powerful security layer – the ordering nodes are agnostic to the
65
+ transaction logic – but it also generates a framework where ordering
66
+ can become a pluggable implementation and scalability can truly occur.
67
+
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+ There is no longer a parallel relationship between the number of peers
69
+ in a network and the number of orderers. Now networks can grow
70
+ dynamically (i.e. add endorsers and committers) without having to add
71
+ corresponding orderers, all the while existing in a modular
72
+ infrastructure designed to support high transaction throughput.
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+ Moreover, networks now have the capability to completely liberate
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+ themselves from the computational and legal burden of ordering by
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+ tapping into a pre-existing or third party-hosted "ordering service."
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As v1.0 manifests, we will see the foundation for interoperable
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blockchain networks that have the ability to scale and transact in a
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manner adherent with regulatory and industry standards. Watch how fabric
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v1.0 and the Hyperledger Project are building a true blockchain for
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- business -
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+ business.
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- |HYPERLEDGERv1.0\_ANIMATION |
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+ |FabricV1.0Animation |
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HOW TO CONTRIBUTE
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-----------------
@@ -104,8 +108,8 @@ that will spawn the capabilities in v1.0:
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- Explore the
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`documentation <http://hyperledger-fabric.readthedocs.io/en/latest/ >`__
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- .. |HYPERLEDGERv1.0\_ANIMATION | image :: http ://img.youtube.com/vi/EKa5Gh9whgU/0.jpg
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- :target: http ://www.youtube.com/watch?v=EKa5Gh9whgU
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+ .. |FabricV1.0Animation | image :: https ://img.youtube.com/vi/EKa5Gh9whgU/0.jpg
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+ :target: https ://www.youtube.com/watch?v=EKa5Gh9whgU
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.. Licensed under Creative Commons Attribution 4.0 International License
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https://creativecommons.org/licenses/by/4.0/
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