What is necessary for a chaincode to become ready to commit on a channel?

What is necessary for a chaincode to become ready to commit on a channel?
A . The chaincode must be previously installed on the channel’s peers.
B . The policy Channel/Application/Writers must be satisfied.
C . The policy /Channel/Application/LifecycleEndorsement must be satisfied.
D . The chaincode must have the endorsement policies correctly defined.

View Answer

Answer: C

Explanation:

For a chaincode to become ready to commit on a channel in Hyperledger Fabric, it is necessary that the policy "/Channel/Application/LifecycleEndorsement" be satisfied. This policy specifies who needs to approve the chaincode definition before it can be committed to the channel. It ensures that the chaincode deployment is endorsed according to the governance standards agreed upon by the network participants, typically requiring a majority or other specified fraction of the organizations in the network to endorse the change. This lifecycle endorsement policy is key to maintaining a secure and agreed-upon update process for chaincodes on the channel.