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Hyperledger releases Hyperledger Sawtooth 1.0, its second distributed ledger project

Hyperledger releases Hyperledger Sawtooth 1.0, its second distributed ledger project
From TechCrunch - January 30, 2018

Hyperledger, the open source blockchain project from the Linux Foundation, released Hyperledger Sawtooth 1.0, its latest open source digital ledger project. Sawtooth joins its sister project, Hyperledger Fabric which reached 1.0 in July last year.

Among the features in this latest open source distributed ledger product is on-chain governance, which lets members adjust the rules on the fly as required and dynamic consensus to modify the blockchain consensus protocol as the technology advances; advanced transaction execution, which provides the ability to execute transactions in parallel and support for multiple languages and Ethereum.

James Mitchell, CEO at Bitwise IO, a big contributor to the Sawtooth project, and a vendor who helps companies build applications on top of it, was drawn to these features. We were attracted to it because of focus on fundamentals. We saw a lot of platforms based on bitcoins work. Sawtooth had some key points on what [we believed] a distributed ledger needed, he said. That included a mechanism for adversarial trust and mechanisms to guarantee the trust.

It counts Intel, Huawei and Cisco among its corporate sponsors, but Mitchell says in all there were 54 contributors across 18 organizations, large and small.

You may be wondering why Hyperledger needs two such projects. Brian Behlendorf, who is executive director at Hyperledger sees room for more than one approach to distributed ledgers and the market can decide which one is best. Lets leave it up to developers to decide what features and differences they want to make and let market decide if this is meaningful difference or not, he said.

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