Consider the following scenario: A solo app developer wants to create their own cryptocurrency and build a blockchain based that allows users to buy and sell second-hand items with that cryptocurrency from each other. Before the transaction is considered complete, the purchaser must put the funds in an escrow service and the sender must enter the courier tracking number into that same escrow. Time is of the essence and this developer doesn’t want to worry about networking of infrastructure. This app must be fully autonomous or “decentralizedâ€.
Which architecture would best solve the product need?
Blockchains are decentralized ledgers which, by definition, are not controlled by a central authority. Due to the value stored in these ledgers, bad actors have huge economic incentives to try and cause faults.
What algo was the original solution to the potential problem as specified by Satoshi?
You currently on a conference call with an executive from a too big to fail bank. They are validating that they want to use Quorum or another enterprise blockchain. They specifically want to know what type of consensus algo it uses and what industry for the Quorum blockchain targets.
The fabric framework is implemented on ______programming language.
What programming language?