Can anyone explain hyperledger fabric in Layman term’s. by following tutorial i have built till HLF rest-server. but without understanding the architecture , im not compromised to move on. Tutorials didnt help. ethereum dAPPS was easy to understand. but not HLF . TIA
What is Hyperledger Fabric?
Hyperledger Fabric is a platform for distributed ledger solutions, underpinned by a modular architecture delivering high degrees of confidentiality, resiliency, flexibility, and scalability. The main thing to be noticed in Fabric is that it is used for a private transaction.
For Example :
Take a manufacturer and a group of customers as an example. A manufacturer has multiple customers. What if the manufacturer gives a special discount to a particular customer? That transaction can be held with Hyperleder fabric.
Hyperledger Fabric also provides SDKs for NodeJS, GO and Python for writing chaincode. The chaincode is the place where your business logic resides. Fabric is completely different from other public blockchain networks. It is business oriented thus securing everything you will need to secure.
Take a look at the detailed explanation about fabric architecture by our Chief of the Blockchain division at Skcript.