ONE, the native token of the Concord blockchain, has seen its worth surge to new highs because the starting of March.
What Occurred: In line with CoinMarketCap, the token reached an all-time excessive of $0.1911 earlier immediately, representing a surge of over 700% because the begin of this month when it was buying and selling at $0.0235.
Following the uptick in worth and buying and selling exercise, the undertaking appears to have captured the eye of Ethereum (CRYPTO: ETH) developer Péter Szilágyi, who acknowledged on Twitter that the protocol’s codebase violated Ethereum’s software program licenses.
. @harmonyprotocol your codebase is in violation of our software program licenses. We don’t grant you permission to relicense our code underneath MIT. Please delete any embedded go-ethereum code or change your license to LGPLv3. https://t.co/AREmhixGHX#Ethereum
— Péter Szilágyi (@peter_szilagyi) March 22, 2021
“This repository is violating our software program licenses. The go-ethereum code is licensed underneath LGPLv3, and you haven’t any permission to relicense it underneath MIT. With out such permission, you can’t embrace it in an MIT undertaking,” mentioned Szilágyi, who additionally raised the difficulty on Github and known as for Concord to delete all copyright materials that originated from Ethereum’s codebase.
Why It Issues: Many blockchains in existence immediately usually copy code from one other current, beforehand developed open-source codebase.
In line with one blockchain developer, to ensure that Concord to redeploy Ethereum’s code on their platform, they would wish to relicense underneath LGPL or “Lesser Common Public License.”
Szilágyi’s public declaration on Twitter relating to Concord Protocol’s alleged software program license violations led to some debate about whether or not Ethereum was feeling the warmth from upcoming competitor blockchains.
Concord capabilities as a proof-of-stake (PoS) blockchain, using an idea known as sharding which permits for the creation of latest blocks in seconds. Ethereum is at the moment within the means of transitioning from a proof-of-work (PoW) blockchain to a proof-of-stake blockchain with Ethereum 2.0.
Proof-of-stake drastically reduces transaction instances and is alleged to resolve scalability points related to blockchain networks.
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