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Show HN: Hyperledger – Open Payments Protocol

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Re: Show HN: Hyperledger – Open Payments Protocol

#11

Doesn't seem like their trust model really assumes rational agents.

Rational agents in what sense? Consensus pool membership will not be a free for all and running a node will have costs, so we the only people who have incentive to run a node should be those who have an interest in seeing the pool succeed.

Of course, people who want to see the pool fail could run malicious nodes, but given appropriate membership restrictions and that fact that all an attack can do is pause the pool temporarily the incentive there should be pretty low.

Re: Show HN: Hyperledger – Open Payments Protocol

#13

Is this Ripple in disguise? Who are the people behind this project??

There are lots of similarities but also some very key differences.

The main one being that there is no native currency like XRP, so there is no risk of a similar situation to the current fiasco arising.

hyperledger is designed to be far more light weight and flexible than Ripple, meaning that instead of just being a conduit to trade other assets, hyperledger allows organisations to also issue their own assets, which they have complete control over.

We also have a different notion of pools. Anyone can create their own consensus pool with its own membership requirement rules or features, such as private transaction.

We achieve consensus by a slight different method. More info on this to come, please check the FAQ: http://www.hyperledger.com/faqs.html#ripple

Currently we are a small team of two, myself on the business/marketing side (we will be building commercial products on top of the open project, just as any user could) and feichtinger who is the main technical side. A bit more info on the contact page. Happy to answer any specifics here.

Re: Show HN: Hyperledger – Open Payments Protocol

#18
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, uncluttered, distinctive, consistent theming with appropriate use of color, full use of available viewport space, thumbs up to the designer!

Re: Show HN: Hyperledger – Open Payments Protocol

#19
post #17

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?

The answer lies at the end of the page:

> premiumpool is our commercially supported pool. Restrictions and requirements for operating a consensus node are more stringent and claims made by ledgers are audited. For more information, please Get in Touch

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