Case Study
Hedera Consensus Service
1 HEDERA CONSENSUS SERVICE HEDERA 2019 Hedera Consensus Service 1 Dr. Leemon Baird Co-Founder & Chief Scientist Hedera Hashgraph Bryan Gross Principal Product Manager IBM Authored by: Donald Thibeau Principal Product Manager Hedera Hashgraph2 HEDERA CONSENSUS SERVICE Table of Contents ABSTRACT 3 INTRODUCTION 4 Second Value 5 HEDERA GOVERNANCE AND THE PATH TO DECENTRALIZATION 6 Decentralization 6 Performance 6 Finality 7 THE FAIR ORDER OF TRANSACTIONS 8 Hedera’s Other Services 8 Extending to the Consensus Service 9 ARCHITECTURE 11 Hedera Consensus Service Architecture 11 Figure 1A: Public Network 11 Figure 1B: Transaction Ordering Process 12 Hyperledger Fabric Interoperability 13 Figure 1C: Hyperledger Fabric/ Hedera Consensus Service Interoperability 14 USE CASE 16 Pr