Sunday, October 2

Hedera Governing Council to Buy ‘hashgraph’ IP and Release Project Code By Cointelegraph


©Reuters. Hedera Governing Council to buy ‘hashgraph’ IP and release project code

The Hedera Governing Council has officially voted to purchase the intellectual property rights to the ‘hashgraph’ consensus algorithm from founding architect and inaugural council member, Swirlds Inc, for an undisclosed sum.

A Wednesday announcement also details plans to transition its code to an open source model this year under the Apache 2.0 license, as well as transferring core team members such as CEO Mance Harmon and chief scientist Leemon. Baird from Hedera to Swirlds Inc. as CEO and CTO, respectively, and the implementation of staking opportunities and community nodes, among other updates.

Hedera Hashgraph is an enterprise-grade distributed ledger technology designed to build decentralized applications in the Web3 sphere.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



es.investing.com