Hyperledger, a collaborative effort to advance cross-industry blockchain technologies, has announced the formation of Performance and Scalability Working Group (PSWG).
The objective of PSWG is to discuss, research, and identify key use cases and metrics that relate to the performance and scalability of a blockchain and related technologies. It will serve as a cross-project platform for the experts to exchange ideas and explore the performance and scalability aspects of the technologies, both software and hardware.
“Performance and scalability are two key characteristics of any platform. In a distributed ledger environment such as the Hyperledger projects, both characteristics will directly relate to end user satisfaction and ultimately adoption”, Mark Wagner, Head of Performance and Scalability Working Group, wrote in an online post.
Wagner explained that the group will identify multiple key use cases across different vertical markets, and for each use case key metrics will be identified and defined along with how it will be measured. This will help define a framework and measurement criteria. The group would also maintain a matrix of the key performance metrics and corresponding data for the different blockchain and distributed ledger implementations.
“The key will be how to define and implement a consistent and fair test suite for each use case. This is important to the industry and to the end user, as it will provide a fair measure of how a specific implementation will perform in different use cases. This will allow the user (customer) to select the proper implementation for their use case”, he added.
Wagner said that the effort is not just limited to Hyperledger and expected to work across the industry to provide a consistent set of metrics and measurements.
