Performance Characterization of Hyperledger Fabric

Hyperledger Fabric is a permissioned ledger platform designed to be highly modular and extensible, delivering confidentiality, privacy and scalability to enterprise blockchains. With Fabric's production grade availability in mid-2017, enterprises are experimenting with Fabric for building real-world blockchain applications. In this paper, we characterize the performance and scalability features of the current production release of Fabric (v1.0). This paper takes an experimental approach, where we study the throughput and latency characteristics of Fabric by subjecting it to different sets of workloads. Through a suite of micro-benchmarks, custom-built for Fabric, we tune different transaction and chaincode parameters and study how they affect transaction latencies. Finally, we also conduct experiments to study Fabric's performance characteristics while increasing the number of chaincodes, channels and peers.