ConsenSys joins Hyperledger to help build enterprise blockchains

Ethereum-focused development firm ConsenSys has joined Hyperledger as a premium member. Hyperledger—run by the Linux Foundation—is an open-source project focused on open-source technologies, particularly around enterprise blockchains.

- Advertisement -

Joe Lubin, founder of ConsenSys (which funds Decrypt), will join Hyperledger’s governing board as its 22nd member.

Additionally, PegaSys, the protocol engineering team at ConsenSys, will submit its Ethereum client—a version of Ethereum—to Hyperledger. The client will be renamed from Pantheon to Hyperledger Besu, and will be the 15th project in the Hyperledger catchment.

Hyperledger Besu will be the first project submitted to Hyperledger that is able to work with public blockchains—as well as private ones. It is targeted at enterprise clients who are looking to use both private and public blockchains.

“PegaSys and ConsenSys have been committed to open source software and submitting Hyperledger Besu to Hyperledger demonstrates that commitment,” said Lubin.

- Advertisement -

By joining Hyperledger, ConsenSys will help to form standards for enterprise-grade blockchains to create consistency across the industry. It will also encourage interoperability—the ability for blockchains to connect to one another—to bring the sector together, and making it more intertwined. It will now have access to Hyperledger’s global community.

Source

Previous Articles:

- Advertisement -

Latest News

Ethereum Foundation makes post-quantum security top priority

Ethereum Foundation has created a dedicated Post Quantum (PQ) team to prioritize long-term post-quantum...

GameStop Transfers 4,710 BTC to Coinbase Prime; May Sell Now

GameStop moved its entire Bitcoin holding of 4,710 BTC to Coinbase Prime.CryptoQuant flagged the...

SEC Drops Gemini Suit After $40M Push to Restore Earn Today!

SEC civil suit against Gemini Trust Company and Genesis Global Capital dismissed with prejudice...

DeFi surge, three hacks and MEV bot returns majority funds!!

Three separate DeFi attacks this week drained millions and prompted on-chain recovery efforts.Makina reported...

BitGo shares tumble 22% after $212M IPO; dip below $15 at 2B

BitGo shares fell nearly 22% on the second trading day after its IPO debut...
- Advertisement -

Must Read

7 Best Audiobooks on Cybersecurity

Cybersecurity has become an essential topic in our increasingly digital world. As technology evolves and becomes more integrated into our daily lives, the importance...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!