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Which is the better blockchain platform: ethereum or hyperledger?

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Emma Jhonson
Which is the better blockchain platform: ethereum or hyperledger?

Ethereum and Hyperledger are two of the most prominent blockchain platforms in the market. ethereum and hyperledger fabric were both developed with different objectives, but they share some common features. The aim of ethereum was to provide a more robust distributed applications (Dapps) platform, while Hyperledger was created to facilitate cross-industry blockchain technologies.


Ethereum is an open-source blockchain development platform designed to support ethereum Dapps. ethereum provides a decentralized virtual machine (EVM) that can run smart contracts on ethereum network nodes. ethereum supports Solidity, which is a Turing complete programming language that ethereum Dapps use to implement ethereum smart contracts.


The ethereum blockchain can limit access to its blockchain data, providing a more secure environment for ethereum applications. ethereum has been the base for many successful blockchain projects, including Status and Civic. ethereum also allows users to create their own ethereums or tokens on ethereum by following ethereum token standard. ethereum is ranked second on coinmarketcap , which means ethereums are among the most widely accepted cryptocurrencies in crypto exchanges.


Hyperledger Fabric is an enterprise blockchain platform that offers more flexibility than ethereum. Hyperledger Fabric has permissioned networks, which reduces the risk of some ethereum issues, e.g., double spending or denial-of-service attack. Hyperledger Fabric is an open source project led by The Linux Foundation. ethereum has Hyperledger Sawtooth as its closest competitor in the market of blockchain platforms for enterprises. Hyperledger Sawtooth was developed by Intel to create enterprise blockchain applications using Proof of Elapsed Time consensus algorithm.


Hyperledger Fabric is one of the first blockchain platforms, which ethereum co-founder Vitalik Buterin called out as ethereum competitor . Hyperledger Fabric offers specialized ethereum virtual machine (EVM) for ethereum smart contracts development, unlike ethereum. However, there are ethereum smart contract languages e.g., Solidity, which ethereum developers can use to create ethereum smart contracts in Hyperledger Fabric blockchain network.


Hyperledger Fabric was created by IBM and Digital Asset to facilitate blockchain usage for enterprises.

Hyperleder ethereum provides many ethereum primitives for ethereum applications e.g., ethereum identities, ethereum transactions. ethereum ethereum primitives provide developers with a collection of cryptographic functions that they can use to create ethereum blockchain applications e.g., wallets and exchanges. Hyperledger Fabric blockchain does not support ethereums as it is a ethereum competitor.


Also Read: A Comprehensive List of Blockchain Platforms to Look For in 2022


From above, it would be clear to you how these two blockchain platforms are different. You can hire Ethereum developer or hire hyperledger developer to leverage the power of this incredible blockchain.


Conclusion paragraph: 


The answer to which blockchain platform is best for your business depends on the specific needs of your company. If you want a higher level of privacy, then Hyperledger may be more appropriate for you than Ethereum. However, if you are looking to create decentralized applications that will interact with other blockchains or smart contracts, then Ethereum would likely provide better functionality. To find out how these two platforms measure up against one another in terms of performance and security, take a look at this comparison Hyperledger Vs Ethereum: Which One You Should Pick in 2022? created by the ValueCoders Blockchain team. It'll help give some insight into what types of solutions these platforms can offer depending on your unique requirements. Which type do you think matches yours?



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