Hyperledger Vs Corda
Blockchains that use private ledgers tend to serve many enterprise and private use cases in the industry. Distributed ledgers that serve private markets have their own set of frameworks and platforms.
Hyperledger and Corda are two popular private blockchain frameworks for business use cases. This section will compare two blockchain frameworks - Hyperledger and Corda.
Introduction
This guide shows you an unbiased feature set comparison of blockchain frameworks in the discussion. The below table shows you the comparison points between the two frameworks.
Hyperledger | Corda |
Hyperledger project began as an Initiative from the Linux Foundation, which resulted in Fabric blockchain in 2015. | Corda started as an initiative by the R3 later became part of the R3 consortium under the private bank's joint effort. |
The Linux Foundation is governing the contributing efforts towards the Hyperledger project. | R3, along with a consortium of Private banks, are governing the Corda Project. |
Hyperledger makes use of Golang, Javascript and Java for its blockchain's primary language. | Corda makes use of Kotlin and Java as its primary blockchain language. |
Hyperledger project does not have its native cryptocurrency or token for market distribution. | Corda has no token or native cryptocurrency for market distribution. |
Hyperledger makes use of KAFKA and RAFT algorithms in its consensus system. | Corda has its own "Corda Notaries" algorithm to handle the consensus system. |
Hyperledger allows the creation of Tokens in its blockchain framework using FabToken system. | Corda allows the creation of tokens in its blockchain using Token SDK. |
Hyperledger uses ChainCode as its business logic for use in Smart Contracts. | Corda makes use of Ricardian Contracts for use in the smart contracts. |
Hyperledger, a permissioned blockchain framework, is configurable on node, channel, & consortium levels. | Corda is also a permissioned blockchain allows file based configuration on each node. |
Hyperledger blockchain being a permissioned framework requires only people with permission to access the network. | Corda also being a permissioned framework requires the permission for access on the chain. |
Hyperledger is being used in a B2B operations and Enterprise applications. | Corda is being used in a financial industry specific use case with usage of specialized distributed ledger. |
Hyperledger or Corda : Which is Better?
Hyperledger is modular and offers more control over each node's privacy, security, and data in its distributed ledger frameworks. Meanwhile, Corda offers simplicity in its framework while offering security, performance, privacy, and ease of programming.
Choosing a private blockchain for an Enterprise application use case depends solely on the developer teams who pick the framework for the intended use case.
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