Understanding Eris: The Bitcoin Foundation Proposal
"The Bitcoin Foundation has had its role in the last two years. Unfortunately, it is internally recreating the same archaic political system that fails to work for society," Olivier Janssens, Bitcoin millionaire and early adopter, said one month ago, "We don't need another intermediary. We can do this ourselves." When the Bitcoin Foundation came under fire in May during the election of Brock Pierce as their new director, leading to ten prominent Foundation members resigning, Olivier said enough was enough. On Bitcoin's official subreddit, he offered a $100,000 bounty for a radical new....
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How seriously should you take a company with a marmot named Doug for a mascot? That has been the subject of debate surrounding Eris Industries and its blockchain solutions platform for some time. Founded in 2014, Eris has evolved to become one of the more novel projects in the blockchain space in terms of its operating thesis, officially launching in December with a goal toward a "1.0 release" this summer. In its short history, Eris has made a point to trumpeting its belief that bitcoin should be thought of as a shared software database, not as a network for sending money or value. In the....
CoinTelegraph spoke with the co-founder and COO of Eris Industries, Preston Byrne, on why the company decided to leave the UK and move its operations to the United States. As reported in May, Eris Industries has ordered its staff to leave the United Kingdom due to the proposed UK’s Investigatory Powers bill, which the company says gives the government “completely unnecessary” surveillance powers on data. “This is a red line for us, and should be for every blockchain firm. Distributed systems don't work without secure cryptography.” CoinTelegraph: What does Eris Industries do?
Eris Industries has just announced a strategic collaboration with the hardware service Ledger as a security partner. The alliance is said to bring more solutions to the Eris infrastructure and bring a “strong layer of security” to the development of the company’s enterprise blockchain service. Eris Industries believes the partnership between Ledger and....
Eris Industries, which was founded last year, aims to use blockchain technology to create a shared software database. According to the company, data management conducted using the public ledger can be applied to virtually any business process. "The biggest misconception is that we want to build stuff for banks. We're about providing developer tools for anyone and everyone to do whatever they want without our knowledge or consent," clarified Eris COO Preston Byrne. "We're an open-source company." Smart Contracts Using Blockchain Technology. The concept behind this was produced in an effort....
After entering the US market, Eris Industries hoped their 'troubles with the law' would be behind them, but sadly not. Now, Eris Exchange, whose founder is associated with Blythe Masters’ crypto startup Digital Asset Holdings, is not only trying to secure the Eris name, but perhaps also engaging in anticompetitive litigation. Interestingly, the plaintiff Chicago based futures exchange company, Eris Exchange, has a notable founder and board member in the name of Donald R Wilson. Wilson is also a founder and co-owner of Digital Asset Holdings, the crypto-related startup, which Blythe Masters....