Hyperledger community has finally released Sawtooth 1.0, the modular platform for enterprises to build, deploy and run business blockchains.
Hosted by The Linux Foundation, Hyperledger is an open source collaborative effort used to advance the blockchain technologies. Sawtooth is only the second active Hyperledger project, after Hyperledger Fabric 1.0, released in July 2017.
Sawtooth was initiated by Intel in 2014 with a research project code, called Sawtooth Lake. Intel’s aim behind Sawtooth was to make blockchain technology accessible to enterprises, and address the security & scalability issues arising from Bitcoin adoption.
“Intel is committed to accelerating blockchain adoption through collaborations with industry thought leaders like Hyperledger and The Linux Foundation,” said Rick Echevarria, VP, Software and Services Group and General Manager, Platforms Security Division, Intel Corporation. “We are proud of our contributions and the advancements Hyperledger Sawtooth is making in privacy, security and scalability, which are critical enterprise requirements that will enable faster adoption of distributed ledger technology.”
Intel’s Proof of Elapsed Time (PoET), the consensus mechanism for cryptocurrency, was also the result of Sawtooth Lake in 2016. Intel contributed Sawtooth Lake to Hyperledger as an incubated project, and further Sawtooth dropped the ‘Lake’ when it graduated from incubation to active status within Hyperledger.
“We’re beyond excited to see not one, but two of Hyperledger’s active projects hit 1.0,” said Brian Behlendorf, Executive Director, Hyperledger. “This is a huge testament to the strong collaboration of our growing community – I look forward to seeing even more products and services being powered by Hyperledger Sawtooth later this year.”
Hyperledger maintained its focus on bringing blockchain to enterprise throughout the Sawtooth journey, and revealed a set of features, like on-chain governance, Ethereum support, dynamic consensus, etc.
On-chain governance will enable the utilization of smart contracts to vote on blockchain configuration settings. The enterprises can run smart contracts and integrate with Ethereum tools like IDEs and Web3.
If the network of users grows, the enterprises can upgrade or swap the blockchain consensus protocol using dynamic consensus feature. It will provide an advanced transaction execution engine which can process parallel execution for better performance.
The Sawtooth 1.0 is a result of collaboration and contributions from several startups, consortia, as well as established companies, like Amazon Web Services, Cloudsoft, Ericsson, IBM, Intel, Microsoft Azure, R3, T-Mobile, to name a few.
It is generally available now.