What is the Hedera Consensus Service and what are the ideal use cases for this service? Join hosts Paul Madsen and Ken Anderson to learn why this service could be a game-changer for developers.
07:07 Ken Anderson “Technically, the larger more distributed network you have, you get more security. Because it is larger and distributed and it is harder to manipulate… You can have a relatively small Fabric private network that leverages the benefit of a larger more secure network by using a consensus service or ordering service in the way that we’ve applied it for Fabric. So you get to take all the properties of the larger more secure ABFT network of Hedera and applying that to even smaller, private and permissioned networks of Fabric.”
15:48 Here is the video mentioned by Ken that discusses the power of the memo field.
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Watch this webinar for more from Dr. Leemon Baird about HCS.
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Read the Hedera Consensus whitepaper mentioned in the show.
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What is HCS - Hedera Consensus Service?
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HederaHashgraphDistributedLedgerDecentralizedBlockchainEnterpriseHyperledger Fabrichyperledger fabric tutorialibm blockchainibm hyperledgerdistributed developmentsmart contracts ethereumcryptocurrency newsasynchronous byzantine fault toleranceABFTuse cases of blockchain technologyuse cases of blockchainblockchain use caseskafka use caseshyperledger fabric vs ethereumprivate vs public networkprivate and public network differencewhat is HCS?