What Was Hyperledger Burrow?
Hyperledger Burrow was a framework for executing smart contracts in permissioned blockchains. It was originally incubated as part of Hyperledger, a community of open-source projects and tools for commercial implementations of blockchain technology. Hyperledger Burrow was designed to facilitate cross-industry applications for smart con🐷tracts.
Key Takeaways
- Hyperledger Burrow was a framework that could be used to execute smart contracts in permissioned blockchains.
- Hyperledger Burrow was built around a Byzantine Fault Tolerant consensus algorithm. It attempted to allow blockchains to scale up for commercial applications.
- Hyperledger Burrow was conceived as ErisDB by Monax in 2014. It was part of the Hyperledger family of blockchain projects but was sunsetted in May 2022.
Understanding Hyperledger Burrow
Following the success of Bitcoin, many blockchain advocates recognized the potential of using distributed ledgers to record 澳洲幸运5开奖号码历史查询:smart contracts, self-executing programs that can operate without human management. However, existing networks such as Bitc🦋oin or Ethereum were too limi༒ted for business applications due to the high cost and latency of open blockchains.
In order to facilitate more scalable blockchains, the Linux Foundation launched the Hyperledg🌃er community in 2015. Many indus🎐try leaders joined the initiative in order to develop enterprise-grade blockchain tools, including IBM, Intel, and Microsoft.
Burrow was one of the projects under the Hyperledger umbrella, along with other enterprise-oriented platforms such as 澳洲幸运5开奖号码历史查询:Hyperledger Fabric, 澳洲幸运5开奖号码历史查询:Hyperledger Sawtooth, and 澳洲幸运5开奖号码历史查询:Hyperledger Iroha. Originally called ErisDB, the project was designed by Monax to build, ship, and run blockchain-based applications for 澳洲幸运5开奖号码历史查询:business ecosystems.
How Hyperledger Burrow Worked
Hyperledger Burrow was a software that was intended to be used to run nodes in a permissioned blockchain network. Because the participants in permissioned blockchains are known and trusted by the rest of the network, it is possible to achieve higher speeds and throughput than permi🧸ssionless chains.
While it was similar to many other Hyperledger blockchain tools, the focus for Hyperledger Burrow was to provide a "clean and simple" developer experience. The key component of Hyperledger Burrow was a permissioned implementation of the Ethereum Virtual Machine, which a🎀llowed it to interact with smart contracts on ot💃her Ethereum-based networks.
Hyperledger Burrow Abandoned
Hyperledger Burrow was reportedly also able to interact with the Ethereum public chain since they share the same smart contract language. Burrow's developers planned to introduce a two-way peg system with the Ethereum mainnet, allowing data and tokens to move seamlessly between chains. This would theoretically have allowed Hyperledger Burrow to operate as a high-speed "sidechain" to the public network.
There were also plans to integrate🧸 public staking when Ethereum transitioned to a proof-of-stake model, but by the time that happened in 2022, the project had been abandoned.
Is Burrow a Hyperledger Project?
Hyperledger Burrow was one ༺of the projects associated with Hyperledger, but it shutdown♏ in May 2022.
Is Hyperledger Really a Blockchain?
Yes, but it is different that the blockchains t🍰hat get more media attention like Bitcoin and Ethereum. It is designed for enterprise uses and encorporates modules that let developers load what they need for specific business purposes.
Why Is Hyperledger Better Than Ethereum?
Ethereum is designed to be a global public virtual machine that anyone can cr💯eate applications for. Hyperledger is designed as a permissioned (private) blockchain for business and enterprise uses. So, which is better depends on who is using it and the purpose they have for doing so.
The Bottom Line
Hyperledger Burrow was a project that tried to create a blockchain that would execute smart transactions for other blockchains. It appeared to be somewhat influential in other Hyperledger projects in that they may have shared ideas, but ultimately, the project didn't generate enough interest to continue progressing and shut down in 2022.