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MultiChain VS Hyperledger

Compare MultiChain VS Hyperledger and see what are their differences

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MultiChain logo MultiChain

Blockchain and Blockchain Platforms

Hyperledger logo Hyperledger

Hyperledger is a multi-project open source collaborative effort hosted by The Linux Foundation, created to advance cross-industry blockchain technologies.
  • MultiChain Landing page
    Landing page //
    2021-09-21
  • Hyperledger Landing page
    Landing page //
    2023-09-26

MultiChain features and specs

  • Permissioned Access
    MultiChain allows for permissioned blockchains, ensuring that only authorized users can participate in the network. This enhances security and privacy for businesses and organizations using the platform.
  • Customizability
    MultiChain provides extensive customization options, including the ability to set parameters for block times, mining rewards, and data storage. This flexibility makes it suitable for diverse use cases.
  • Data Management
    MultiChain supports unformatted and formatted data storage, enabling efficient data management and retrieval. This is advantageous for applications requiring complex data structures.
  • Interoperability
    MultiChain's design allows for interoperability between different blockchains created on its platform. This feature facilitates business operations that require cross-chain communication.
  • Ease of Use
    The platform offers a user-friendly interface and comprehensive documentation, making it accessible to developers who are new to blockchain technology.

Possible disadvantages of MultiChain

  • Limited Smart Contract Functionality
    Compared to other blockchain platforms like Ethereum, MultiChain has limited support for smart contracts, restricting the complexity of programmable transactions.
  • Centralization Concerns
    As a permissioned blockchain, MultiChain may lead to centralization since it requires a central authority to manage user permissions and network access.
  • Smaller Community
    MultiChain has a smaller community compared to other major blockchain platforms, which may lead to less third-party support, fewer resources, and slower innovation.
  • Not Ideal for Public Blockchains
    MultiChain is primarily designed for private or consortium blockchains, making it less suitable for applications that require a fully decentralized public blockchain.
  • Dependency on Company
    The development and support of MultiChain depend heavily on the parent company. Significant changes in the company's strategies or operations could impact future development.

Hyperledger features and specs

  • Permissioned Network
    Hyperledger operates on a permissioned blockchain, meaning that participants must be known and authorized. This enhances security and trust among members of the network.
  • Modular Architecture
    Its modular architecture allows users to plug and play different components like consensus algorithms, membership services, and data storage options, offering great flexibility and customization.
  • High Scalability
    Hyperledger is designed to scale with the needs of different businesses, making it suitable for large enterprise-level applications.
  • Strong Governance
    Backed by the Linux Foundation, Hyperledger benefits from strong governance and contributions from industry leaders, ensuring better code quality and ongoing development.
  • Interoperability
    Hyperledger prioritizes interoperability between different blockchain networks, allowing for seamless integration and communication across different platforms.

Possible disadvantages of Hyperledger

  • Complex Setup
    Setting up and managing a Hyperledger network can be complex and may require significant expertise, making it less accessible for small businesses or individual developers.
  • Limited Adoption
    Compared to public blockchains like Ethereum and Bitcoin, Hyperledger has less widespread adoption, which could limit its network effects and community support.
  • Performance Overhead
    The additional layers of security and permissioned access can introduce performance overhead, potentially affecting transaction speeds and overall system performance.
  • Cost
    The need for specialized knowledge and potentially complex hardware setups can translate to higher costs, which may not be feasible for all organizations.
  • Less Decentralization
    Because Hyperledger is permissioned, it offers less decentralization compared to public blockchains. This could be a drawback for users who prioritize a decentralized network.

Analysis of Hyperledger

Overall verdict

  • Yes, Hyperledger is considered a reliable and versatile option for organizations looking to implement blockchain technology, especially in enterprise settings where security and scalability are critical.

Why this product is good

  • Hyperledger is a collaborative open-source project hosted by the Linux Foundation, aimed at advancing cross-industry blockchain technologies. It is highly regarded for its modular architecture, which allows for flexibility in using various blockchain components, and its emphasis on permissioned blockchains, ensuring privacy and security. Hyperledger boasts a robust ecosystem of frameworks and tools like Hyperledger Fabric and Hyperledger Sawtooth, backed by a strong community and support from major industry players.

Recommended for

  • Enterprises seeking to build or deploy secure, scalable distributed ledger applications.
  • Developers looking for open-source blockchain frameworks with modular architectures.
  • Organizations needing permissioned blockchain solutions for privacy and compliance requirements.
  • Industries such as finance, supply chain, healthcare, and government institutions that require customizable and private blockchain platforms.

MultiChain videos

+ Add

Multichain | Consensus 2019

More videos:

  • Tutorial - MultiChain Blockchain Tutorial | Multichain Tutorial for Beginners | Edureka | Blockchain Live - 3

Hyperledger videos

+ Add

Traxion ICO review - Hyperledger fabric technology

More videos:

  • Review - Matrix AI Review - $MAN - Intelligent Blockchain - Easier | Safer | Faster | Flexible + Hyperledger
  • Review - Overview: Agents and Hyperledger Indy - Kyle Den Hartog, Evernym - Part 1

Category Popularity

0-100% (relative to MultiChain and Hyperledger)

MultiChain

Hyperledger

Cloud Infrastructure
20 20%
Cloud Infrastructure
80% 80
Business & Commerce
9 9%
Business & Commerce
91% 91
Cloud Computing
15 15%
Cloud Computing
85% 85
Social Media
28 28%
Social Media
72% 72

User comments

Share your experience with using MultiChain and Hyperledger. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Hyperledger seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MultiChain mentions (0)

We have not tracked any mentions of MultiChain yet. Tracking of MultiChain recommendations started around Mar 2021.

Hyperledger mentions (2)

  • Do You Need a Blockchain?
    In my day job[0], I talk to a lot of start-up ventures about blockchain. Only one was honest enough to say they were only using it because, at the time, it was easier to get funding. [0]: https://hyperledger.org/. - Source: Hacker News / about 4 years ago
  • Ethereum Tech Used to Build a Smart Contract Platform for 5G Mobile Networks
    Ethereum is not just currency at its core, its a smart contract platform which is used to implement distributed consensus, where each participating party sign the result, with their consensus algorithm. Currency is a side effect. You can just remove the entire ETH/gas dependency on the base, to use the platform as a distributed ledger between all the participants. And use another kind of consensus algo(proof of... Source: about 4 years ago

What are some alternatives?

When comparing MultiChain and Hyperledger, you can also consider the following products

Ethereum - Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.

IBM MQ - IBM MQ is messaging middleware that simplifies and accelerates the integration of diverse applications and data across multiple platforms.

Microsoft Azure - Windows Azure and SQL Azure enable you to build, host and scale applications in Microsoft datacenters.

BlockCypher - AWS for Block Chains

Kaleido Blockchain Business Cloud - Create and manage enterprise private blockchain networks within minutes using Kaleido's platform. Our full-stack enterprise blockchain as a service and cloud integrations support your entire blockchain journey, from PoC to live production.

SAP Leonardo - With SAP Leonardo, you can combine intelligent technologies – like the IoT, AI, and machine learning – and innovate with them on an open, extensible cloud platform.

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