I Hope That PoW Dies a Quick Death, Hyperledger CEO Says

Brian Belendorf belives that there gotta be another technologies instead of Proof-of-Work concept, "that aren't so energy insensive"
23 April 2018   905

Speaking at the Business of Blockchain conference at the Massachusetts Institute of Technology (MIT), executive director of the Hyperledger consortium Brian Belendorf talked about his attitude to open source technologies, the regulation of the cryptocurrency industry and the consensus algorithm Proof-Of-Work. This is reported by CoinDesk.

CoinDesk Twitter
CoinDesk Twitter

He also noted that open source technologies will always be used for both good and bad purposes. However, in his opinion, this does not play any role, as long as they remain in the public domain.

Belendorf is convinced that many ordinary users are asking the same questions as the Securities and Exchange Commission (SEC), and are also afraid of the same things.

Earlier, Proof-Of-Work in the bitcoin network was called up by the co-founder bitcoin. org and bitcointalk. org Cobra because of the centralization and control over the hashrate in the hands of the largest manufacturer of mining equipment Bitmain.

Hyperledger to Release New Framework Grid

New framework is designed for mature businesses standards implementation
25 January 2019   212

The Hyperledger consortium introduced the Grid framework for developers of blockchain supply chain solutions.

Hyperledger platforms are flexible by design, but, as such, do not speak the language of any business or have opinions on how basic data types should be stored. In reality, enterprise business systems and market models are actually quite mature, as organizations have been transacting electronically based on common standards for decades.  Grid will provide a place for implementations of these standards and norms.

Hyperledger Team

Hyperledger Grid
Hyperledger Grid

The initiative has already been supported by Cargill, Intel and Bitwise IO.

Previously, the Hyperledger technical steering committee approved the Ursa project, a modular cryptographic library for solution developers based on distributed registry technology.