Mastering Blockchain - Second Edition

Quorum

This is a blockchain solution built by enhancing the existing Ethereum blockchain. There are several enhancements such as transaction privacy and a new consensus mechanism that has been introduced in Quorum. Quorum has introduced a new consensus model known as QuorumChain, which is based on a majority voting and time-based mechanism. Another feature called Constellation is also introduced which is a general-purpose mechanism for submitting information and allows encrypted communication between peers. Furthermore, permissions at node level is governed by smart contracts. It also provides a higher level of performance compared to public Ethereum blockchains.

Several components make up the Quorum blockchain ecosystem. These are listed ...