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Home Videos Blockchain Videos

How nodes reach a consensus on a blockchain

IBMBlockchain by IBMBlockchain
September 20, 2017
in Blockchain Videos
Reading Time: 1 min read
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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 blockchain 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.

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