In Nexus Technology labs under classical switching Port Channel Lab is there.
on N5K Load Balacing algorithm is: port-channel load-balance ethernet source-dest-port
on N7K Load Balacing algorithm is: port-channel load-balance source-dest l4port
All the Port channels configured in the lab are layer2 Port Channels.
On N7K they are not using ethernet parameter. which means port channel should be a layer 3 Port Channel. But all port channels configured are layer 2.
Please clarify the difference between the load balancing algorithm used on N5K and N7K.