Hyperledger Sawtooth is an enterprise solution for building, deploying, and running distributed ledgers (also called blockchains). It provides an extremely modular and flexible platform for implementing transaction-based updates to shared state between untrusted parties coordinated by consensus algorithms.
Enterprise Grade Scalability and Features
Sawtooth is highly scalable due to its unique Proof of Elapsed Time (or PoET) consensus mechanism. This enables a maximum throughput of 1300 transactions per second. A high transaction throughput is one of the keys to enterprise adoption, as most large institutions need to process significant amounts of data at a rapid clip. It also enables the use of adjustable permissions, allowing issuers to control who can participate in their network — an essential feature for enterprises.
Ethereum Interface Support via Sawtooth Seth
Compatibility with Ethereum smart contracts enables the usage of Ethereum standards like ERC-20, and allows for interoperability between Sawtooth projects and the Ethereum ecosystem. Sawtooth is also features a developer interface built around Ethereum software tools, making for a familiar and easy-to-use programming environment.
Flexible Smart Contract Development Support