Assets, Ethereum

Is Quorum an Ethereum?

Quorum is an Ethereum-based distributed ledger protocol with enhanced privacy features developed by J.P. Morgan. The protocol is designed to add an extra layer of security and privacy to Ethereum transactions by allowing nodes on the network to remain anonymous and only sharing transaction data with those they choose to.

Unlike Ethereum, Quorum is permissioned, meaning that only approved nodes are allowed to join the network and participate in consensus. This makes Quorum more suited for enterprise use cases where privacy and security are paramount. .

NOTE: No, Quorum is not an Ethereum. Quorum is an enterprise-focused version of Ethereum. It is a permissioned blockchain platform and not a public blockchain like Ethereum. It comes with additional features and functionality that are tailored for enterprises and institutions. Thus, it should not be confused with Ethereum.

So, is Quorum an Ethereum? While Quorum shares many characteristics with Ethereum, it is not technically an Ethereum fork. Rather, Quorum is a separate protocol that was built from scratch with enhanced privacy features.

That said, because Quorum is based on Ethereum, it is compatible with Ethereum’s smart contracts and can be used to build decentralized applications (dapps).

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