Hyperledger

Finance and crypto

payment ledger protocol

SHOW HN2014

112points
43comments
#250of 2,272 in 2014
Top 12%of 2014 by points

How HN took it

CuriousMostly questions and neutral comments

4 positive, 18 neutral or asking, 0 mixed, 6 critical, out of 28 comments about the project. Thread score -0.07.

Idea: 1 for, 3 againstExecution: 0 for, 3 againstDocs: 2 for, 0 againstDesign: 1 for, 0 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Web page design is praised as clean and distinctive

    From 1 comment
    • Haven't looked into the product yet, but I have to say the web page itself is one of the most beautiful I've seen, from a pure aesthetic standpoint- No dumb animation,…
      drcode on HN
  • Easy overview of accounts and transfers

    From 1 comment
    • nicely done! I like the easy overview on creating accounts and making transfers. i am wondering, when everything is free and open-source here, how is the business model?
      poseid on HN

Objections

  • Pool operators could alter ledgers without public record; no proof of work

    From 1 comment
    • Hyperledger's home page talks about a protocol, pools, consensus, security, and decentralization, however, none of those features exist in the codebase. Proof of work and…
      nessence on HN
  • Issuers can create and sell their own assets, so the system is not decentralised

    From 1 comment
    • "there is no risk of a similar situation to the current fiasco arising" Actually there is. The Ripple fiasco arised because the creator (jed) owned a large amount of XRP, and…
      mrb on HN
  • Consensus pools are trust-based and 1/3 faulty nodes can break guarantees

    From 2 comments
    • I am only a dabbler in cryptocurrencies, but let me attempt to compare/contrast this with Bitcoin. Corrections welcome. Bitcoin is peer-to-peer. Anyone can join as a peer at any…
      haberman on HN
    • Thanks for taking the time to read through! The wording on that could be improved a little because there's a bit of a distinction between total computing power and number of…
      feichtinger on HN

Requests

  • Real-world example of how a startup would use it

    From 1 comment
    • @danoprey @feichtinger First: congrats, this looks fabulous. Second: can you walk us through one real world example of how a startup might use Hyperledger to do something useful?
      mkrecny on HN
  • Clearer explanation of the project and its URLs

    From 2 comments
    • Seriously I am too stupid to even know what this is... even after I read the FAQ. :(
      tonetheman on HN
    • danoprey - it's not clear to me what the URL is for when creating a new ledger. Can you clarify?
      cjg on HN

Questions

  • How does it compare with Bitcoin and Ripple?

    From 2 comments
    • I am only a dabbler in cryptocurrencies, but let me attempt to compare/contrast this with Bitcoin. Corrections welcome. Bitcoin is peer-to-peer. Anyone can join as a peer at any…
      haberman on HN
    • Is this Ripple in disguise? Who are the people behind this project??
      abc123xyz on HN
  • How are bad nodes detected and expelled?

    From 2 comments
    • The same thing stopping 34% of banks all going bad at the same moment: the number of banks > bad nodes are automatically detected and expelled quickly I'd be curious how the…
      PaulRobinson on HN
    • Well, that would partly depend on the consensus pool as they may have their own blacklisting mechanisms, but broadly every message in the system is signed by the client making…
      feichtinger on HN
  • How does it compare with Open Transactions?

    From 1 comment
    • How does it compare with Open Transactions (http://opentransactions.org)?
      haarts on HN

Alternatives named

  • Bitcoin

    From 1 comment
    • I am only a dabbler in cryptocurrencies, but let me attempt to compare/contrast this with Bitcoin. Corrections welcome. Bitcoin is peer-to-peer. Anyone can join as a peer at any…
      haberman on HN
  • Ripple

    From 1 comment
    • Is this Ripple in disguise? Who are the people behind this project??
      abc123xyz on HN
  • Open Transactions

    From 1 comment
    • How does it compare with Open Transactions (http://opentransactions.org)?
      haarts on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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