Hyperledger Fabric was the first proposal for a codebase, combining previous work done by Digital Asset Holdings, Blockstream's libconsensus, and IBM's OpenBlockchain. Hyperledger Fabric provides a modular architecture, which allows components such as consensus and membership services to be plug-and-play. Hyperledger Fabric is revolutionary in allowing entities to conduct confidential transactions without passing information through a central authority. This is accomplished through different channels that run within the network, as well as the division of labor that characterizes the different nodes within the network. Lastly, it is important to remember that, unlike Bitcoin, which is a public chain, Hyperledger Fabric supports permissioned deployments.
"If you have a large blockchain network and you want to share data with only certain parties, you can create a private channel with just those participants. It is the most distinctive thing about Fabric right now."
- Brian Behlendorf, Executive Director of Hyperledger, The Linux Foundation
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