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.
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.