{"id":2059,"date":"2018-10-17T16:09:00","date_gmt":"2018-10-17T16:09:00","guid":{"rendered":"https:\/\/blog.kindgeek.com\/?p=2059"},"modified":"2024-05-30T11:42:15","modified_gmt":"2024-05-30T11:42:15","slug":"hyperledger-sawtooth-blockchain-platform-for-business-needs","status":"publish","type":"post","link":"https:\/\/www.kindgeek.com\/blog\/post\/hyperledger-sawtooth-blockchain-platform-for-business-needs","title":{"rendered":"Hyperledger Sawtooth – Blockchain Platform for Business Needs"},"content":{"rendered":"

Recently updated on May 30, 2024<\/p><\/div>\n

How does Hyperledger Sawtooth Work?<\/a><\/p>\n\n\n\n

What are the advantages of Hyperledger Sawtooth?<\/a><\/p>\n\n\n\n

Who Uses and Supports HyperLedger Sawtooth?<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

If you’ve been wondering, “what is Hyperledger Sawtooth? Why Hyperledger Sawtooth? What are Hyperledger Sawtooth’s advantages?” this article is for you then. <\/p>\n\n\n\n

Hyperledger Sawtooth – is an open-source business blockchain (distributed ledger) platform. The blockchain is definitely a lasting trend, and giving fancy names to blockchain platforms is a trend within a trend<\/p>\n\n\n\n

The primary aim behind Hyperledger was to create a blockchain platform that could be easily implemented by different businesses and communities. The creators\u00a0put it\u00a0this way:<\/p>\n\n\n\n

\u201c[Hyperledger Sawtooth is] an operating system for marketplaces, data-sharing networks, micro-currencies, and decentralized digital communities. Our design philosophy targets keeping distributed ledgers [basically, blockchain] distributed and making smart contracts safe – particularly for enterprise use.\u201d<\/p>\n\n\n\n

And, apparently, the developers of Sawtooth managed to do so. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n<\/a>\n\n\n\n

How does Hyperledger Sawtooth Work?<\/h2>\n\n\n\n

1. Hyperledger\u2019s Ledger<\/h3>\n\n\n\n

So, we have already established that Sawtooth is a distributed ledger platform, which means that it is a decentralized network (shared database). Each participant of the network operates a copy of the database and \u201cengages in a protocol that ensures universal agreement of the state of the ledger.\u201d Basically, it is a networking democracy, to which a randomly chosen participant can contribute at a given time. <\/p>\n\n\n\n

HyperLedger Sawtooth consists of three primary components<\/p>\n\n\n\n

1) A data model to capture the current state of the ledger<\/p>\n\n\n\n

2) A language of transactions that participants use to change the state of the ledger<\/p>\n\n\n\n

3) A protocol used to build consensus among the participants. <\/p>\n\n\n\n

In Sawtooth, a data model and a language of transactions are bundled together in a transaction family. Hyperledger\u2019s users are expected to build custom transaction families, but some default options are available as well. <\/p>\n\n\n\n

2. Proof-elapsed-time (PoET) Consensus Algorithm<\/h3>\n\n\n\n

Hyperledger Sawtooth decides who can participate (submit transaction) in the distributed ledger platform at the moment and who cannot. In order to make such a decision, blockchain platforms use so-called consensus algorithms. These algorithms come in different shapes. Hyperledger Sawtooth uses a proof-of-elapsed time<\/em> consensus algorithm. <\/p>\n\n\n\n

So how does Proof-of-elapsed (PoET) time works? <\/em><\/p>\n\n\n\n

Each participant of the Sawtooth\u2019s network requests a certain amount of randomly chosen time, and the one who waits the least amount of time commits a new block to the ledger. To say more PoETically, each node sleeps for a random amount of time, and the one that wakes up first commits the block and informs about it the whole network to update its state.  <\/p>\n\n\n\n

You can ask how does the distributed ledger platform knows that participants do not cheat by purposefully implementing shorter durations of time in order to win a block? It may undermine the security of the blockchain platform.<\/p>\n\n\n\n

Don\u2019t worry, PoET relies on Intel\u2019s Software Guard Extension<\/a> Algorithm, which \u201cprotects selected data from disclosure and modification.\u201d Intel\u2019s solution allows running \u201cprotected code in a trusted environment.\u201d Long story short, SGX is a hardware component that developers can use to ensure that code works the way it should work. <\/p>\n\n\n\n

Moreover, the proof-of-elapsed time is less power-hungry <\/em>than the proof-of-work algorithm, which is used in Bitcoin, for example. The security and optimal energy consumption make proof-of-elapsed time an attractive option for the business-oriented blockchain platform. <\/p>\n\n\n\n<\/a>\n\n\n\n

What are the advantages of Hyperledger Sawtooth? <\/h2>\n\n\n\n

Hyperledger Sawtooth has a lot of benefits that make it an effective and flexible blockchain platform, which is perfectly suitable for business needs. Those advantages are<\/p>\n\n\n\n

1) Energy-efficiency<\/strong>. As it was mentioned, the specifics of the proof-of-elapsed time consensus algorithm make Sawtooth energy-efficient if compared to other blockchain platforms, which may use proof-of-work, for example. <\/p>\n\n\n\n

2) Byzantine-fault tolerant<\/strong>. In a few words, the ledger network is protected against failure that occurs when the network is not sure whether a certain node has failed or not. <\/p>\n\n\n\n

3) Parallel Scheduling<\/strong>. Hyperledger Sawtooth supports serial and parallel scheduling of transactions. Parallel scheduling increases productivity by reducing latency that occurs during serial scheduling. <\/p>\n\n\n\n

4) Multilanguage support<\/strong>. Sawtooth allows developing smart contracts in Python, Javascript, Rust, C++, and Go.<\/p>\n\n\n\n

5) Dynamic Consensus<\/strong>. Sawtooth allows easily changing all the blockchain settings as well as the consensus algorithm without taking the network down. <\/p>\n\n\n\n

6) Loose coupling architecture<\/strong>. The blocks within the Sawtooth\u2019s network are not highly dependent on each other, which means that the change that is made to one element would not affect the network as a whole. It also significantly decreases the possibility of unexpected errors, simplifies testing, and maintenance of the leger. <\/p>\n\n\n\n

7) Events<\/strong>. Sawtooth supports creating and broadcasting events across the network. <\/p>\n\n\n\n

8) Permissioned\/Permissionless<\/strong>. Sawtooth can be configured to be either permission (closed networks; users cannot freely join the distributed ledger system) or permissionless (every user can start interacting with the network, submitting transactions). By default, Hyperledger Sawtooth is permitted.<\/p>\n\n\n\n<\/a>\n\n\n\n

Who Uses and Supports HyperLedger Sawtooth? <\/h2>\n\n\n\n

Even though Hyperledger Sawtooth is a relatively fresh and young blockchain platform it has already been supported<\/a> by such companies as <\/p>\n\n\n\n

 – Amazon Web Services<\/a><\/p>\n\n\n\n

 – Intel<\/a><\/p>\n\n\n\n

 – T-Mobile<\/a><\/p>\n\n\n\n

 – Huawei <\/p>\n\n\n\n

 – IBM<\/a><\/p>\n\n\n\n

Recently Hyperledger Sawtooth has been used to develop Bitagora<\/a>, a decentralized voting platform. <\/p>\n\n\n\n

Considering the features and architecture of Hyperledger Sawtooth, it could be stated that the blockchain platform can be easily implemented by Finance<\/a>,  HealthCare<\/a>, Retail<\/a>, and other organizations in order to develop decentralized, safe, and reliable environments for their operations.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Hyperledger Sawtooth – is an open-source business blockchain (distributed ledger) platform. The blockchain is definitely a lasting trend, and giving fancy names to blockchain platforms is a trend within a trend.<\/p>\n

The primary aim behind Hyperledger was to create a blockchain platform that could be easily implemented by different businesses and communities.<\/p>\n","protected":false},"author":5,"featured_media":2062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[131],"tags":[],"class_list":{"0":"post-2059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"yoast_head":"\nHyperledger Sawtooth - Blockchain Platform for Business Needs | Kindgeek<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kindgeek.com\/blog\/post\/hyperledger-sawtooth-blockchain-platform-for-business-needs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyperledger Sawtooth - Blockchain Platform for Business Needs | Kindgeek\" \/>\n<meta property=\"og:description\" content=\"Hyperledger Sawtooth - is an open-source business blockchain (distributed ledger) platform. 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