Re:Blockchain-Based Gold Settlement Is Coming to London
by kanzure on Saturday October 01, 2016 @01:48PM
(#12618988)
> Does this company have any 'official' relation to Paxos, the consensus protocol? This sounds like an incredibly unfortunate and potentially misleading name.
"Then they join the proud list of all the other poorly named companies in the bitcoin ecosystem including the likes of coinbase, blockchain, consensys, chain, decentral, 21, asicminer, ledger, bitcoin.com, and elliptic." - some other comment, i don't remember the source
Addendum: I'm by no means an expert on this subject, but are't all those fintech startups that dabble in 'permissioned block chains' and 'distributed ledgers' without incorporating bitcoin's proof of work / public p2p nature effectively just selling rebranded distributed databases? In that light the name Paxos would be even more comical.