Introduction To Quorum Blockchain
Posted By : Neeraj Kumar | 28-Dec-2018
Quorum Face To Face:
Quorum is a private
[image source: Quorum whitepaper]
[image source: Quorum whitepaper]
Quorum maintains two state databases for the world ledger, one is the public state database and the other one is the private state databases both have their world state committed over the same single ledger/blockchain. Whereas the public state database transactions block mined using the consensus directly from the well known public
[image source: Quorum whitepaper]
For data privacy among concerned parties quorum deploys an encryption enclave and a transaction manager, the encryption enclave is responsible for transaction encryption with the public key of the node provided at the time of chain code deployment with a
parameter. After this chain code deployed with the public keys of concerned parties the transaction done using the target parties public key onto the private chain code will be encrypted with their public keys and will only be accessible to those and their state database is being maintained separately as private state database different from the public state database.
This way, quorum reuses the existing
No Gas Required:
[image source: source]
Unlike the
Conclusion:
Quorum looks promising to the business use cases where the data privacy and the high throughput is in high demand and it will serve well a variety of private
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About Author
Neeraj Kumar
Neeraj is a JAVA Developer who possesses skill set in: Data Structures, Core Java, Java Enterprise Edition (Servlets, JSP, Standard Java Beans), Spring (Spring-core, spring-MVC, spring-Data-Access, Spring-Data-JPA), Hibernate, JPA, HTML, CSS, JavaScri