Cloud computing and virtualization firm VMware said Tuesday that it has developed an open-source blockchain infrastructure designed to be both scalable and energy efficient.
Dubbed Project Concord, VMware’s blockchain aims to provide a base for blockchain implementations which can solve certain scaling issues by modifying the Byzantine Fault Tolerance consensus algorithm commonly found in blockchain networks.
Senior researcher Guy Golan Gueta wrote in a company blog post that the project’s algorithm uses a different communication procedure than existing consensus protocols that “exploits optimism to provide a common case fast-path execution” and utilizes new cryptographic algorithms.
These upgrades from current protocols allow for a higher network throughput, he said.
VMware, a Dell subsidiary, has been working on Project Concord for roughly two years, and while some of its research has been published over the last few months, this week’s release marks the first time the company has publicly acknowledged how much work has gone into developing a blockchain infrastructure.
“Project Concord’s foundations stem from years of academic and industrial research on Byzantine Fault Tolerant replication, cryptography and distributed computing,” Gueta said, adding:
“The cryptocurrency revolution and, in particular, bitcoin and ethereum have also tremendously influenced our understanding of this emerging field of trust decentralization. The Project Concord library is designed to be used as a core building block for replicated distributed data stores and is thus especially suited to serve as the basis for highly scalable, permissioned enterprise blockchain systems.”
The team’s source code has already been posted to Github, with Gueta noting that the company intends to add a number of other features going forward.
Among these, he wrote, is an execution engine for ethereum virtual machine-based smart contracts. Other additions include support for Windows, Apple’s OSX and some Linux distributions, as listed by Project Concord’s Github.
The Github page adds that the team “welcomes contributions from the community,” though contributors will be required to sign a license agreement.
VMWare image via Shutterstock
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Author:
Source link
控油髮品 ▶︎ 5款油肌清潔控油洗髮推薦Wei 威蒿小宇宙有什麼 @ 潮流、美妝、消費 創造個人化風格的女性社群 PIXstyleMe 控油髮品 ▶︎ 5款油肌清潔控油洗髮推薦Wei 威蒿小宇宙有什麼
魔幻緊顏電波拉皮: 黃金三角拉皮術 拉住氧氣美女的青春 魔幻緊顏電波拉皮: 黃金三角拉皮術 拉住氧氣美女的青春
Cristiano Ronaldo is as dedicated as they come and he demonstrated his tremendous work-rate again on Wednesday. He trained full-blooded before signing autographs and posing for photographs. Cristiano Ronaldo shows off flicks and tricks in latest Juventus training session before signing autographs at the Serie A club’s Turin base
Ken Bates is sitting in his penthouse apartment in Leeds city centre, flicking through a picture book sent from Stamford Bridge on his 80th birthday. EXCLUSIVE: Roman is welcome at Elland Road… as long as he’s wearing a shirt and tie! Former Chelsea chief Bates speaks out ahead of grudge match
Wayne Rooney’s 79th-minute header was enough to earn Manchester United all three points against CSKA Moscow. IAN LADYMAN reflects on what we learned on Tuesday. Manchester United are a striker light despite Wayne Rooney’s winner and Louis van Gaal likes to use square pegs in round holes
Arsene Wenger has vowed to make English players the backbone of his team for years to come following the success of his ‘reserve’ team in the third round of the Carling Cup. Wenger: I’ll now make English players the backbone of my Arsenal teams for years to come
… [Trackback]
[…] Read More on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Read More on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Read More on to that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More Information here on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More to that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More Info here to that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More on to that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More to that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Find More here on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]
… [Trackback]
[…] Read More on on that Topic: tradingbtc.com/2018/09/02/vmware-claims-greater-scalability-with-open-source-blockchain-project/ […]