Product : The Linux Foundation, Hyperledger/1.0.4, Sawtooth Lake
Feature : Consensus , Algorithms, Architecture
Content Owner:  MLG Blockchain
Summary
PoET
Dynamic, Pluggable Consensus Algorithms
Details
Sawtooth supports pluggable consensus algorithms but offers their own method —Proof of Elapsed Time (PoET). The PoET consensus has each validating participant wait a random amount of time. The first person to finish waiting becomes the leader of the new block. This provides a secure authority mechanism without the computational race and energy draw of Proof of Work (PoW).