In Hyperledger Fabric, which of the following is correct about peers?A peer can host multiple ledgers but only a single smart contractA peer can host single ledgers and multiple smart contractsA peer can host a single ledger and a single smart contractA peer can host multiple ledgers and multiple smart contracts
Question
In Hyperledger Fabric, which of the following is correct about peers?A peer can host multiple ledgers but only a single smart contractA peer can host single ledgers and multiple smart contractsA peer can host a single ledger and a single smart contractA peer can host multiple ledgers and multiple smart contracts
Solution 1
The correct answer is: A peer can host multiple ledgers and multiple smart contracts.
Here's why:
Hyperledger Fabric is a platform for distributed ledger solutions underpinned by a modular architecture delivering high degrees of confidentiality, resiliency, flexibility, and scalability.
In Hyperledger Fabric, a peer is a node that hosts ledgers and smart contracts. A single peer can host multiple ledgers, and each ledger can have multiple smart contracts (also known as chaincodes). This allows for a high degree of flexibility and scalability in managing and executing contracts and maintaining transaction data.
So, a peer in Hyperledger Fabric is not limited to hosting a single ledger or a single smart contract. It can host multiple ledgers and multiple smart contracts.
Solution 2
The correct answer is: A peer can host multiple ledgers and multiple smart contracts.
Here's why:
In Hyperledger Fabric, a peer is a node that hosts ledgers and smart contracts. A ledger in Hyperledger Fabric is essentially a database for the storage of all transactions and states, while a smart contract (also known as chaincode in Hyperledger Fabric) is a program that encapsulates the business logic of the system.
A peer can host multiple ledgers because Hyperledger Fabric is a platform designed for the development of multi-ledger systems. This means that different transactions and states can be stored in different ledgers within the same peer.
Moreover, a peer can host multiple smart contracts. This is because different business logic can be encapsulated in different smart contracts, and these smart contracts can be hosted on the same peer. This allows for a high degree of flexibility and modularity in the development of blockchain applications.
Therefore, a peer in Hyperledger Fabric can host multiple ledgers and multiple smart contracts.
Similar Questions
Which of the following types of ledgers is used by Hyperledger Fabric?Distributed ledgerDecentralized ledgerCentralized ledgerAll of these
Architecture of Hyperledger Fabric
While installing and defining a chaincode in Hyperledger Fabric for two organizations, Org1 and Org2, the first step is the packaging of the smart contract.Which of the following statements is correct about packaging here?The chaincode is packaged separately by Org1 and Org2 and both organisations must use different package levelThe chaincode is packaged separately by Org1 and Org2 and both organisations must use the same package levelThe chaincode must be packaged together as a single unit by both Org1 and Org2The chaincode is packaged separately by Org1 and Org2 and both organisations can either use the same package level or a different package level
8:Which of the following is not true about the architecture of Hyperledger
Examine the components and workflow of Hyperledger fabric
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