Peter Todd’s Tweet about Corda Draws Community’s Ire
Peter Todd recently tweeted about the launch of Corda, R3CEV's distributed financial ledger technology, receiving mixed response from the cryptocurrency community. Peter Todd, the Core Bitcoin Developer has recently tweeted about his work with R3CEV, the New York-based fintech company responsible for the development of blockchain technology that banking consortium. His tweet comes at the time R3CEV announced the release of its distributed ledger technology, Corda built using the blockchain technology originally introduced by Bitcoin. R3CEV is a New York-based fintech innovation company....
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In a recent blog, “When is a blockchain not a blockchain” R3 noted that its Corda product is a distributed ledger and not a blockchain, and that it was never stated as such. The blog was in response to public comments claiming that R3 has only recently recognized that blockchain technology will not address wholesale financial industry needs. The blog noted R3 is flattered by the attention Corda has recently received after sources noted that the words “No block chain’ because we don’t need one” was used in an R3 presentation. The blog said R3 has from the beginning referred to Corda as a....
When it seems like opening its Blockchain to all is the right thing for R3 consortium to do, considering all that it has endured in the month of November, Bitcoin Core Developer and Advisor to Coinkite, Peter Todd, cites that it has similarities with Bitcoin. R3 today announced that it has made the Corda distributed ledger platform open source so that it may grant the global developer community universal access to its source code. It is hoped that this will encourage collaboration and contribution from developers, and provide a review of the platform. The idea is to enable more companies....
A Barclays team has demonstrated a derivative trade using Corda, a distributed ledger platform. What challenges does Corda have to overcome before becoming the future of derivative contracts? R3 is a consortium partnership of over 40 of the world's leading banks, working on advanced distributed ledger technologies for the global financial markets. In early April 2016, R3 revealed the distributed ledger platform for financial services – Corda. Corda has been designed to manage financial agreements between regulated financial institutions. Key features of Corda include no unnecessary global....
R3 released the code for its Corda distributed ledger platform earlier this week, and market observers were quick to weigh in. The Corda codebase launched Wednesday to public consumption is an early-stage distributed ledger platform designed to record and automate legal agreements between various business entities, with a particular focus on financial institutions. The code's publication also coincided with its formal submission to the Linux Foundation-led Hyperledger project, coming amid the startup's ongoing funding efforts. R3 has pitched the release as a way to open the code up to....
The recent addition of Peter Todd’s “Replace by Fee” (aka RBF) to Bitcoin Core ignited a discussion over the past several days, related both to RBF specifically and to “zero-confirmation transactions” more broadly (zero-confirmation, aka zero-conf, refers to accepting Bitcoin transactions before they are confirmed in a block). This post isn’t intended to....