Codius, Ripple (XRP) smart contract platform, has now been revived, as some sources say. The platform was halted in 2015 because the cryptocurrencies market was in its infancy, back then, and, at that moment, a standard for transactions involving smart contracts also lacked, resulting in the progressive abandonment of the concept by the Ripple team.
Even though the Codius site is up and running, the platform is in its beta stage, for the moment, thus enhancing the chances for a future implementation of the new Ripple’s technology into Codius. Additionally, the source code was also scanned for dragons, which are the usual errors which are encountered in the software while it is its testing phase.
Ripple (XRP) smart contract platform, Codius, has been revived
In order to keep Codius up and running and to avoid dropping, there must always be at least a single person who is using the platform.
However, the usability of Codius in big. Accordingly, decentralized applications and smart contracts built on Ripple’s rapid and safe technology solutions may also rely on Codius.
On the other hand, the integrated micropayment solutions may be implemented to enable transactions between 2 Codius programmes.
Codius is an open hosting protocol. Makes it easy to load a program, whether you want it to run on one host or thousands. It also has built-in billing….once a program is loaded, anyone can pay to keep it running – the author, the users and even the program itself.
Codius Team, on codius.org
Ripple (XRP) Price
At the moment of this article, Ripple (XRP) is doing well in the cryptocurrencies market as it is trading at $0.85 and registered an appreciation of about 2.20% in the last 24 hours.
In the end, reviving Codius, the Ripple’s smart contracts platform, is a nice idea but implementing Ripple’s new technologies into Codius would be a great idea. If this will happen, and most probably it will indeed happen eventually, Ripple (XRP) price might soar up.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.