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Blockchain. A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. [1][2][3][4] Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).
Distributed ledger. A distributed ledger (also called a shared ledger or distributed ledger technology or DLT) is a system whereby replicated, shared, and synchronized digital data is geographically spread (distributed) across many sites, countries, or institutions. [1] In contrast to a centralized database, a distributed ledger does not ...
Hyperledger (or the Hyperledger Project) is an umbrella project of open source blockchains and related tools that the Linux Foundation [1] started in December 2015. IBM, Intel, and SAP Ariba have contributed to support the collaborative development of blockchain -based distributed ledgers. It was renamed the Hyperledger Foundation in October 2021.
Decentralized application. A decentralised application (DApp,[1] dApp, [2] Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. [3] Like traditional applications, DApps provide some function or utility ...
The Open Network's fundamental infrastructure is a scalable multi-blockchain platform designed to support the creation and operation of decentralized applications (dApps) and smart contracts. Utilizing the proof-of-stake consensus mechanism, it can theoretically support up to 2^92 accompanying blockchains.
Following the research stage, a startup technology company was founded to develop a blockchain network that would meet finance industry requirements. [4] [5] [3] In March, 2020, the AVA codebase (Developer Accelerator Program or AVA DAP) for the Avalanche consensus protocol was released as open-source and became available to the public. [6]
Technology. A visual representation of Chainlink's "smart bond architecture". Chainlink's decentralized oracle network is an open-source technology infrastructure that allows any blockchain to securely connect to off-chain data and computation resources. The network nodes fetch, validate, and deliver data from multiple sources onto blockchains ...
Algorand is a blockchain platform founded in 2017 by Silvio Micali, a computer scientist and professor at the Massachusetts Institute of Technology (MIT). [1][2] Algorand's test network was launched to the public in April 2019. [3] Following successful testing and refinements, the main Algorand network was officially launched in June 2019.
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