{"id":48,"count":1,"description":"A protocol is the foundation layer or set of rules that allows data sharing between computers. In the world of cryptocurrency, blockchain protocols are operating on a network of peer-to-peer computers running the protocol, where all the computers share an identical copy of the transactions of the ledger, which allows peer-to-peer value exchange without a middleman through a consensus mechanism.\r\n\r\nMost well-known cryptocurrency protocol:\r\n\r\n- Hyperledger\r\n- Corda\r\n- Ethereum\r\n- Quorum\r\n- Multichain\r\n","link":"https:\/\/ackee.xyz\/blog\/glossary-cat\/what-is-blockchain-protocol-and-the-most-well-known-blockchain-protocols\/","name":"Protocol","slug":"what-is-blockchain-protocol-and-the-most-well-known-blockchain-protocols","taxonomy":"glossary-cat","parent":0,"meta":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"A protocol is the foundation layer or set of rules that allows data sharing between computers. In the world of cryptocurrency, blockchain protocols are operating on a network of peer-to-peer computers running the protocol, where all the computers share an identical copy of the transactions of the ledger, which allows peer-to-peer value exchange without a middleman through a consensus mechanism. 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In the world of cryptocurrency, blockchain protocols are operating on a network of peer-to-peer computers running the protocol, where all the computers share an identical copy of the transactions of the ledger, which allows peer-to-peer value exchange without a middleman through a consensus mechanism. 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