{"id":112823,"date":"2019-08-30T09:55:45","date_gmt":"2019-08-30T16:55:45","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=112823"},"modified":"2020-04-25T09:32:28","modified_gmt":"2020-04-25T08:32:28","slug":"hyperledger-welcomes-blockchain-ethereum","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/hyperledger-welcomes-blockchain-ethereum\/","title":{"rendered":"Hyperledger welcomes its first public blockchain\u2014Ethereum"},"content":{"rendered":"

Hyperledger<\/a> is officially integrating an open-source Ethereum<\/a> client into its technology offering.<\/p>\n

After vigorous debate, the Hyperledger technical steering committee decided\u2014by unanimous vote\u2014to induct PegaSys\u2019 open-source Ethereum<\/a> client \u201cPantheon.\u201d In the coming weeks Pantheon will be renamed Hyperledger \u201cBesu,\u201d after the Japanese term for base or foundation.<\/p>\n

\u201cBlockchains are, after all, a base of data on which applications are built, and blockchains should serve modern IT architectures as a foundation of trust,\u201d said<\/a> PegaSys.<\/p><\/blockquote>\n

Patheon is an open-source Apache 2.0 licensed Ethereum client that is written in Java. It was designed to ensure that developers can easily deal with even the most complicated aspects of a distributed ledger, such as the consensus algorithm, networking, and storage.<\/p>\n

After five years in the \u201cwilderness of divergence\u201d PegaSys is celebrating integration into the global consortium, said<\/a> John Wolpert, global product executive at ConsenSys<\/a>.<\/p>\n

\u201cWe see this submission as a significant milestone for both open source collaboration in the enterprise blockchain space and for the adoption of the Ethereum mainnet for business use cases,\u201d wrote PegaSys.<\/p><\/blockquote>\n

Hyperledger will allow the rebranded Ethereum client to benefit from support and training for users, developer certifications, ease of integration with existing codebases, and additional access to heavy-hitting enterprise companies. Essentially, it will guarantee that the two open-source technologies can work together, blazing the way for greater adoption.<\/p>\n

The admission of Besu marks a transition to a new phase of public blockchain integration with private blockchains, according to Brian Behlendorf, executive director at Hyperledger.<\/p>\n

\u201cHyperledger\u2019s first goal was just to prove the concept of enterprise blockchain, let\u2019s get some stuff out there that can be deployed into production. And now that those bets are paying off, now that we see a lot of success, over time our mission has to evolve to support the hybrid models. How do we get more efficiency, rather than just being a team of rivals?\u201d, said<\/a> Behlendorf.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Hyperledger is officially integrating an open-source Ethereum client into its technology offering. After vigorous debate, the Hyperledger technical steering committee decided\u2014by unanimous vote\u2014to induct PegaSys\u2019 open-source Ethereum client \u201cPantheon.\u201d In the coming weeks Pantheon will be renamed Hyperledger \u201cBesu,\u201d after the Japanese term for base or foundation. \u201cBlockchains are, after all, a base of data […]<\/p>\n","protected":false},"author":148,"featured_media":108507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60205,61713,15323,37],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nHyperledger welcomes its first public blockchain\u2014Ethereum<\/title>\n<meta name=\"description\" content=\"Hyperledger is officially integrating an open-source Ethereum client into its technology offering. 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