e allows multiple organizations to come to
agreement on the parameters of a chaincode, such as the chaincode endorsement
policy, before it can be used to interact with the ledger. The new model
offers several improvements over the previous lifecycle:</p>
<ul class="simple">
<li><p><strong>Multiple organizations must agree to the parameters of a chaincode</strong>
In the release 1.x versions of Fabric, one organization had the ability to
set parameters of a chaincode (for instance the endorsement policy) for