Ethereum To Become The First Public Blockchain Under Hyperledger

Ethereum To Become The First Public Blockchain Under Hyperledger

Ethereum News
August 23, 2019 Editor's Desk
297
If the open-source association’s technical steering committee approves Ethereum to implement the Pantheon project powered by ConsenSys, it would become the first-ever public blockchain on a Hyperledger network. Pantheon is developed by PegaSys, a team of 50 skilled engineers from ConsenSys. It is an integration of Ethereum-based services and is used for creating enterprise applications
Ethereum Blockchain Hyperledger Network

If the open-source association’s technical steering committee approves Ethereum to implement the Pantheon project powered by ConsenSys, it would become the first-ever public blockchain on a Hyperledger network.

Pantheon is developed by PegaSys, a team of 50 skilled engineers from ConsenSys. It is an integration of Ethereum-based services and is used for creating enterprise applications regarding permissions and privacy.

The proposal was sent on August 8th in a Hyperledger mailing list email. If accepted, Pantheon is said to be renamed as Hyperledger Besu (a Japanese word for foundation or base).

This approval would enable Pantheon’s protocol to get under control of Hyperledger, along with other blockchain projects like Hyperledger Sawtooth (Intel) and Hyperledger Fabric (IBM).

Although, the Pantheon code would be launched on Hyperledger’s GitHub page and it’ll be open for developers already participating in the page to contribute. Pantheon will be the first public blockchain to be added under the Hyperledger umbrella.

Pantheon operates on Ethereum’s private networks, public networks and even test networks like Ropsten, Görli, and Rinkeby.

Hyperledger’s descent with Ethereum started with Burrow, and the associations has collaborated with Enterprise Ethereum Alliance to work on standards for the blockchain technology.

The proposal was issued following a release by R3, a blockchain competitor of Hyperledger enterprise, announcing that it was recruiting, opening a second engineering hub, and expanding its office in London. 

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