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Reading the participants' comments below the announcement, most of them speak of an open/distributed ledger, not Bitcoin's blockchain. So it seems they really a

by macns 11y ago

Reading the participants' comments below the announcement, most of them speak of an open/distributed ledger, not Bitcoin's blockchain. So it seems they really are ditching the original blockchain. IBM intends to contribute tens of thousands of lines of its existing codebase and its corresponding intellectual property to this open source community. Digital Asset is contributing the Hyperledger mark, which will be used as the project name, as well as enterprise grade code and developer resources. R3 is contributing a new financial transaction architectural framework designed to specifically meet the requirements of its global bank members and other financial institutions. These technical contributions, among others from a variety of companies, will be reviewed in detail in the weeks ahead by the formation and Technical Steering Committees.

malandrew 11y ago
"enterprise grade code" What does that even mean? I read that and think to myself "cowboy generated spaghetti code with more bugs and more technical debt".
- ethbro 11y ago
  > IBM... "enterprise grade code" Java.
- l3m0ndr0p 11y ago
  Outsourced
- mikekchar 11y ago
  Without being sarcastic, I think it means scalable so that it can be deployed in a situation where you have tens of thousands of seats. Generally it also means that you have some way of monitoring that it is working across the network. Finally, it usually means that it is an integrated turnkey system that doesn't require you to separately install and maintain a lot of third party support systems that it depends on. You can think of the opposite of "enterprise" software as realizing that if you use independent packages a,b, and c and tie them together with some shell script that it will do what you want. It's only been tested by one or two guys, but you can't see any reason why it wouldn't work for the 10,000 people on your site (famous last words...). You spend a week patching it together and roll it out on the weekend with no way to roll back if it doesn't work, etc. Still not a fan of enterprise software, but I don't work for enterprise companies any more ;-)

by macns 11y ago

malandrew 11y ago

"enterprise grade code" What does that even mean? I read that and think to myself "cowboy generated spaghetti code with more bugs and more technical debt".

ethbro 11y ago
> IBM... "enterprise grade code" Java.
l3m0ndr0p 11y ago
Outsourced
mikekchar 11y ago
Without being sarcastic, I think it means scalable so that it can be deployed in a situation where you have tens of thousands of seats. Generally it also means that you have some way of monitoring that it is working across the network. Finally, it usually means that it is an integrated turnkey system that doesn't require you to separately install and maintain a lot of third party support systems that it depends on. You can think of the opposite of "enterprise" software as realizing that if you use independent packages a,b, and c and tie them together with some shell script that it will do what you want. It's only been tested by one or two guys, but you can't see any reason why it wouldn't work for the 10,000 people on your site (famous last words...). You spend a week patching it together and roll it out on the weekend with no way to roll back if it doesn't work, etc. Still not a fan of enterprise software, but I don't work for enterprise companies any more ;-)