R3 CEV, a conglomeration of a bunch of banks funding a startup society to laid a mortal
distributed ledgers, made some statements virtually their Corda platform that deserve a salubrious helping of "
we told you lot so" moreover than whatever other contestation they've made to date. These statements coming subsequently they imply a unloose of heir origin code for Corda.
R3's master copy engineer, James Carlyle, said this to Rueters:
"We desire other banks in addition to other parties to acquaint amongst products that sit down on altitude of the platform, but nosotros don't desire everyone to practise their ain platform, because we'll destination upward amongst lots of islands that can't verbalize to each other, ... If nosotros direct maintain 1 platform amongst lots of products on top, therefore nosotros larn something that's to a greater extent than similar the internet, where nosotros silent larn project design but nosotros tin silent communicate amongst each other."
Yes, he truly made this statement. If this doesn't win the "
No Shit, Sherlock" of 2016, I can't imagine what could altitude it. It's followed upward past times the CEO maxim that "
the ability of this engineering scientific discipline lies inward its network effect" which comes inward a closed second. Also strange coming from R3, who promotes the reverse of whatever network impact inward their force for privatization of the ledgers they are working on.
The virtual currency in addition to blockchain manufacture has been saying, in addition to doing, this for
years. These guys but similar a shot figured this out? You've got to live on kidding me.
That's non what they've done. What they've done is practise the exact reverse all the piece others were telling them the exact same affair that they are similar a shot telling everyone else. The blockchain exists similar a shot for this, beingness the bitcoin network, in addition to "
one platform amongst lots of products on top, therefore nosotros larn something that's to a greater extent than similar the internet, where nosotros silent larn project design but nosotros tin silent communicate amongst each other." is just the idea. That's why bitcoin is non solely a agency of property value or digital property ownership, it's too the fuel of the blockchain.
We've been trying to tell these guys that if everyone creates "
their ain platform, ... we'll destination upward amongst lots of islands that can't verbalize to each other" since they jumped on the bandwagon before this year. Did it truly accept that long to sink in?
Likely not. Like other efforts, the thought hither is to brand money, in addition to this may direct maintain good been planned all along. However, it's silent a mortal organization where solely it's participants are going to live on supporting the network in addition to they direct maintain stated that those participants volition solely live on those who are approved. So you lot destination upward amongst a weak network that lacks sufficient safety in addition to ends upward amongst newspaper contracts beingness the enforcement of which is equally worthless equally what is inward house today.
We'd dearest to live on interested plenty to say something positive virtually this, however, therefore far R3 has been the largest supporter of going backwards amongst technology. Perhaps the origin code volition let on something innovative, but if they but offering what they've been talking about, therefore it's a measuring backwards in addition to they've taken blockchain engineering scientific discipline out of their offering in addition to regardless of what they do, it won't live on real secure.
It's possible, but is anyone going to concur their breath?
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