At the end of February, Hyperledger Project announced the addition to its ranks of the startup Monax, whose main offer is its blockchain platform of smart contracts. It was also revealed that this platform would soon be incubated in this project, which means that it will be tested, developed and disseminated with the support of the organization. Recently, its formal proposal was finally approved by the Technical Management Committee of Hyperledger (TSC).
As stated in previous news, the eris:db of Monax, existing since 2014, would soon change its name - apart from its license - to adapt to its new stage in Hyperledger. In this official proposal, which also came in collaboration with Intel, it was revealed that the company took an iconic element of the appellation with which it is commonly known in their community: 'The marmot burrow.' So the old eris:db has simply been transformed into Burrow, a blockchain with permits compatible with Ethereum.
At the moment, Burrow, whose main function is the smart contracts, is directed especially to companies and industrial processes. For this, it is also compatible with any platform in the cloud and is available on Amazon Web Services and Microsoft Azure, with fast installation solutions already under development.
This addition is extremely important because it is a message to the developer community that positions Hyperledger and Ethereum as equals and not as competitors. Regarding this, they also mention that blockchain with permissions or without permissions are just configuration modes, and these are not closed options, because the system can be much more complex.
In addition, with its new Apache 2.0 license, Burrow can be integrated into the next Hyperledger platforms such as Fabric, Corda and Cello, giving them new functionality to handle smart contracts. This initiative represents a step closer to the Ethereum community after Hyperledger decided to work in conjunction with the Enterprise Ethereum Alliance, to which Monax also belongs.