Which Platform Provides Modular Architecture in Blockchain? - PowerPoint PPT Presentation

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Which Platform Provides Modular Architecture in Blockchain?

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When we talk about Blockchain, then one of the most talked platforms is Ethereum. It is the most accessible Blockchain platform which provides a modular architecture in Blockchain. Ethereum is a digital currency, and at the same time, it is an open-source platform that is used for developing apps. – PowerPoint PPT presentation

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Title: Which Platform Provides Modular Architecture in Blockchain?


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Which Platform Provides Modular Architecture
In Blockchain
  • Blockchain is a distributed ledger technology
    that has laid the foundation for creating a
    transparent and secure ledger. As per the current
    system, which is highly vulnerable and prone to
    attack, Blockchain is a much safer option. The
    technology is known as append-only operation
    ledger.

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  • It means that this ledger can be printed with
    new information, but the added information cannot
    be deleted or removed. The information on the
    ledger cannot be deleted, it is stored in the
    form of blocks, and any new information which
    gets added is also stored in the form of blocks
    and gets attached to the previous block. It is
    accomplished by cryptography. Overall, this helps
    in enhancing the security of data, which gets
    added to the Blockchain ledger.

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  • When we talk about Blockchain, then there is a
    multitude of platforms that are available, here
    we will be discussing the popular modular
    architecture in Blockchain.

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Ethereum
  • When we talk about Blockchain, then one of the
    most talked platforms is Ethereum. It is the most
    accessible Blockchain platform which provides a
    modular architecture in Blockchain. Ethereum is a
    digital currency, and at the same time, it is an
    open-source platform that is used for developing
    apps. Because of its functionality and
    flexibility, Ethereum is one of the most sought
    after platforms and offers a number of use cases.
    Although Ethereum offers a number of use cases,
    being a permissionless platform, it becomes a
    controversial platform for many.

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Hyperledger
  • If it comes to an enterprise solution. When it
    comes to one of the most trustworthy Blockchain
    platforms, then we cannot miss Hyperledger. It is
    a Linux based platform that was launched in the
    year 2016. Despite its recent origin, the
    advanced level security offered by this platform
    and cross-industry use, it has become very
    popular. Most of the enterprises are now using
    Hyperledger to create apps and develop solutions.
    It is the only Blockchain framework that offers
    enterprise-level solutions. Owing to its modular
    architecture, Hyperledger offers plug and play
    mechanism.

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Difference Between Ethereum And Hyperledger
  • While both these platforms have their own set of
    advantages and they are Blockchain platform, but
    there is a fundamental difference between the
    two, which is dependent on how the end-user is
    using it. While Hyperledger modular architecture
    provides a lot of flexibility, it becomes
    difficult for those businesses which are defunct
    in streamlining their business process using
    Blockchain. But Ethereum, on the other hand, is
    designed for application are mass usage.

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  • What we can conclude is that both these platforms
    have their own set of advantages and
    disadvantages and based on your requirements.
    While Hyperledger is more for businesses,
    Ethereum is targeted for masses, and over a
    period of time, the developers are going to use
    both these platforms for developing apps for the
    benefit of both the business and the end-user.

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The Future
  • This will lead to the development of Blockchain
    developers and experts. At Blockchain Council,
    you will complete insight into Blockchain and its
    usage. Learning about Hyperledger, Ethereum, and
    its practical implementation will make your
    learning and knowledge more fruitful.

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Blockchain Council Certifications
  • You can check out our certifications, and kick
    start your career in the Blockchain space today.
  • Certified Blockchain Expert
  • Certified Blockchain Developer
  • Certified Smart Contract Developer
  • Certified Solidity Developer
  • Certified Ethereum Developer

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