Examples of using Codius in English and their translations into Vietnamese
{-}
-
Colloquial
-
Ecclesiastic
-
Computer
How Does Codius Compare to Ethereum?
Most people are aware that Codius is coming back.
That platform, introduced in 2015 was called Codius.
Codius is open-source and available for anybody build on;
Congratulations to the Coil team on the new release of Codius 1.2.0.
Codius works differently than smart contracts in Bitcoin or Ethereum.
If the quote isn't too expensive(~0.00015XRP),then Cale's server starts sending packets over the ILP to their Codius server.
The new Codius administrator types their server(Codius host) name into Cale's website.
Another biggest difference, perhaps one of the most important,is that Codius can keep secrets while Ethereum can't.
Modern solutions such as Codius, ILP and the XRP Ledger point to an alternate future that can be achieved if we work together to help make it a reality.
There are no limitations to the new applications, smart contracts,and financial products that can be created on the Codius platform.
He spent some time describing the history of Codius, and indicated multiple reasons why the original designers of Codius wanted it separate from the XRP Ledger itself.
Likewise, if we look at crypto, is it reasonable to expect that“Uncle Joe” will be able tounderstand why the smart contract capability of Codius is superior to that in Ethereum?
It's exciting to see how many developers are diving deep into Codius smart contracts ahead of Coil's efforts and ahead of widespread bank adoption of digital assets.
In the past, he's published multiple blogs about different technical projects and has also penned a guide tohelping new developers create their first Codius smart contract.
Ripple will utilize the benefits of ILP, Codius and xSpring to further strengthen their 360 degree campaign(I will touch on these areas in more detail in my next post- scalability of an idea).
It would be great to see Ripple engage with the community, generally, at a deeper level than they already do, but even more important in my opinion is developer support ofnew projects that could be built on Codius, ILP, or the XRPL.
To do this, they made the(controversial) decision to shelve Codius, temporarily ceding the smart contracts market to Ethereum, and focused on Interledger standardization and deployment.
The Codius app will allow users to set fine-grained permissions and limits, without having to expose the users private key to the Codius infrastructure or the Codius application developer.
While he did spend a few minutes giving a brief overview of XRP Consensus,his focus was squarely on Codius, one of the centerpieces of the smart contract architecture that he plans on using at Coil.
It was known as Codius, and development proceeded to a point where the code was indeed production ready, but not yet considered optimal(my own words to describe a collection of communications by Ripple).
In addition, he went on to cover the importance of interoperability,emphasizing how Codius, the smart contract platform that is a part of the XRP ecosystem, fits into that vision, as well as ILP(Interledger Protocol).
For those that are already going through the steps and would like to interact with other developers, I discovered that the‘Gitter' room is active with others that are working through projects andactivities involving Codius.
He indicated that, while Codius has its own self-check now implemented as well, his tool goes a bit further and allows Codius hosts to check on a variety of their implementation details that the default check doesn't cover.
It has also begun to recognize the need to build out core products that support and expand the Internet of Value(IoV)by restarting projects like Codius and being willing to sign deals with startups like Omni while its senior officers invest.
Because of the Codius separation between the smart contract and the cryptographic network(s) used for contract settlement, David Schwartz, Ripple's Chief Cryptographer, noted one intriguing difference between Codius and Ethereum: 3.
Regarding the first comment about adaptability, Ripple has had its own wallet,had started Codius, then shelved it only to restart it again, built software(xCurrent and xVia) that helps open liquidity corridors that can then be filled with a new products, xRapid, which requires XRP.
Projects like Ripple Lab's Codius and Ethereum have brought decentralized smart contracts to center stage in the digital currency industry, and the future looks promising for“smart” asset management using block chain technology.
And with Codius, we see that Ripple(and now Coil as well) is building that interoperability with the full knowledge that it will provide developers with the opportunity to build applications that may settle on other networks than the XRP Ledger.
Not only is she talking about Codius being used for hedging and other derivative products, she is talking about the fact that a low-cost, automated alternative to having an individual or central authority enforce a contract may create entire new markets of derivative products.