The Hyperledger consortium has published a
whitepaper that defines performance metrics for blockchains. The metrics should apply to most enterprise blockchains, not just
Hyperledger solutions. Broad participation is partly the result of the recent
cooperation with the Enterprise Ethereum Alliance and also Hyperledger’s large membership that includes R3 and Digital Asset.
Blockchains and distributed ledger technologies have numerous benefits but are less performant than centralized databases. That’s because work has to be duplicated on multiple servers or nodes. Additionally, each blockchain technology has unique characteristics. Nonetheless, people want to try to compare like-for-like.
However, the white paper points out that before creating comparable benchmarks, it’s necessary to agree on standard definitions about what to measure. Hence the paper focuses on the metrics as a precursor towards benchmarks.
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