Platform comparison Flashcards

1
Q

Ethereum Discription

A

The most popular project in the world for the creation of public blockchain applications. It is a global network for creating the solutions, that are available worldwide.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Masterchain Discription

A

Closed platform based on Ethereum protocol modification, with modifications to work under the laws of Russian Federation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Hyper ledger Discription

A

Open platform for global developers for organization of commercial interactions with strictly regulated list of participants.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Exonum Discription

A

Open framework for development of applications with usage of distributed database.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

corda Discription

A

Platform for an exchange of B2B messages/notifications for technical and legal fixation of the facts in decentralized system. Legal fixation is backed up by automatic creation of text agreement and its signature by legally significant electronic signatures of the participants.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Ethereum Target audience

A

Creation of public solutions with open data.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Master chain target audience

A

Platform for financial sector and commercial organizations, comply with Legislation of Russian Federation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Hyperledger target audience

A

Commercial sector.

Maintaining trusted distributed databases.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Exonum target audience

A

For the purposes of development public and private blockchains, with the possibility of modification according to every customer needs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Corda target audience

A

Participants of financial sector, operations with asset accounting, financial deals in a closed channel.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Developers of Ethereum

A

Ethereum Foundation + big open community

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Developers of Master chain

A

Fintech Association.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Developers of Hyperledger

A

Hyperledger consortium.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Developers of Exonum

A

Bitfury Group

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Developers of Corda

A

R3 consortium:

Consultants: Barclays, Bank of America, HSBC, Citi, Royal bank of Canada etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Features of Ethereum

A

The largest community of developers with high competence of knowing the platform.
Simplicity of the platform.
Smart-contracts are part of unaltered network.

17
Q

Features of Master chain

A

GOST signature and encryption (attestation in 2018).

Prepared and in-demand FinTech products based on As A Service model. Mining is limited to several participants.

18
Q

Featueres of Hyperledger

A

Possibility of installation several blockchain-networks by one client. Easy update of logics of smart-contracts by the owner of smart-contracts. Easy administration of the list of participants by issue and revocation of certificates.

19
Q

Features of Exonum

A

Flexibility in the work with external sources of data. Allows to create public and private solutions. Control of participants by voting. Smart-contracts are embodied separately on each node, in network registered description of smart-contract, condition for successful accomplishment of smart-contract - identical realization by majority validators.
No mining.

20
Q

Network model in Ethereum

A

Peer-to-peer network, where all participants are equal to each other.

21
Q

Network model in Master chain

A

Peer-to-peer network with controlled access.

22
Q

Network model in Hyperledger

A

Multi-role:
Users of the network, administrator of the network; nodes-validators of operations of their zone of responsibility (concrete smart-contracts, concrete operations in database (shares, bonds, money transactions); Service for the load reduction for simple participants.

23
Q

Network model in Exonum

A

Multi-role:

24
Q

Connecting participants in Ethereum

A

Everyone can become the participant of the network.

25
Q

Connecting participants in Master chain

A

By the administrator of the network.

26
Q

Connecting participants in Hyperledger

A

By issuing certificates from verifying centre.

27
Q

Connecting participants in Exonum

A

By voting among privileged participants of the network.

28
Q

Connecting participants in Corda

A

By issuing certificates from verifying centre

29
Q

Risks in Ethereum

A

Risk of obtaining the control over the whole network by an intruder if he has enough power.
There is no control of the list of participants. Mandatory mining.
The limit on maximal complexity on the logics of smart-contracts.

30
Q

Risks in Master chain

A

Possible version lags due to necessity of receiving updates from Ethereum project, including security updates.
Closed development of the platform.
Mandatory mining. The limit on maximal complexity on the logics of smart-contracts

31
Q

Risks in Hyperledger

A

Low competence of specialists in Russian Federation and small size of community.

32
Q

Risks in Exonum

A

Risk of desynchronization of versions of a client.

33
Q

Risks of Corda

A

Narrow focus of the platform: financial commercial sector

34
Q

Projects of Corda

A

About 50 projects

  1. MarcoPolo for optimization of trade financing;
  2. HQLAQ - exchange of tokenization of assets with high liquidity.