Every participant operated its personal model of the ledger, somewhat than having the members act as nodes in a single distributed ledger, the report mentioned. However, the members had been in a position to settle either side of transactions concurrently, discovering an enormous velocity increase in comparison with the present system. Whereas the report detailed a few of the technical facets of the take a look at – it used an undisclosed permissioned blockchain community and was written within the Rust programming language – it didn’t present many particulars about how the simulation was carried out or how they confirmed transaction settlements.
