📚Understanding GoQuorum
Haven1 network is built upon GoQuorom that was built by JP Morgan and then open sourced by the team at Consensys
Last updated
Haven1 network is built upon GoQuorom that was built by JP Morgan and then open sourced by the team at Consensys
Last updated
GoQuorum represents an advanced variant of the Ethereum blockchain, tailored for enterprise needs. It's a modification of go-ethereum (geth), aligned with its updates and releases, yet it distinguishes itself through several key enhancements:
Privacy: At its core, GoQuorum supports both private transactions and contracts. This is achieved through a separation of public and private states and the use of encrypted peer-to-peer messaging for the secure transfer of private data among network participants.
Alternative Consensus Mechanisms: Diverging from the POW/POS models of public Ethereum networks, GoQuorum introduces consensus mechanisms better suited for consortium chains:
QBFT: An improved version of IBFT, interoperable with Hyperledger Besu.
Istanbul BFT: A PBFT-inspired algorithm ensuring transaction finality, used in Haven1.
Clique POA Consensus: A standard POA consensus algorithm incorporated from Go Ethereum.
Raft-based Consensus: Focused on faster block times and on-demand block creation.
Peer Permissioning: This feature ensures that only known entities can participate in the network, enhancing security and trust.
Account Management: GoQuorum innovates in account management by introducing plugins that allow integration with external account management systems, like vaults.
Pluggable Architecture: The architecture of GoQuorum allows for the addition of new features as plugins, providing flexibility and isolation of core features.
Higher Performance: Compared to public Ethereum networks, GoQuorum demonstrates significantly higher performance throughput.
GoQuorum underpins Haven1, enhancing its functionalities, especially in permissioning and security. Haven1 capitalizes on GoQuorum's advanced permissioning to manage network access and transactions, crucial for real-world applications. This integration is central to Haven1’s secure and efficient environment.
Enhanced Functionalities
Robust Permissioning System: Haven1 extends GoQuorum's permissioning features, offering dynamic control over network access. This system is vital for maintaining security and managing user verification in real-time.
Security Features: Building on GoQuorum's security infrastructure, Haven1 adds extra layers like network-level guardrails and rigorous identity verification processes, safeguarding against unauthorized access and potential risks.
Secure and Verified Transactions
Network Access and User Verification: Haven1 enhances network security by strictly verifying user identities, a crucial aspect for onboarding real-world assets on the blockchain.
User Verification Focus: The platform emphasizes the verification of users, ensuring that all network participants are authenticated and authorized, which is essential in a blockchain environment dealing with sensitive transactions.
Core of Haven1's Blockchain
GoQuorum's role in Haven1 creates a blockchain ecosystem that is not only secure and efficient but also prioritizes user verification and network integrity. This alignment makes Haven1 a strong, user-verified platform suitable for businesses seeking a blockchain solution that ensures secure and authenticated transactions.
