Breaking News

Ripple’s smart contract platform “Codius” back in life
Editorial Team

According to AMBcrypto, Codius, the smart contract platform established by Ripple is being back to life.

It was out of operation in 2015 as the crypto market was still in infancy. By now, there was also a lack of a standard for payments using smart contracts, which lead to the project being discontinued.

The website has gone live now. However, it is in its Beta stage, roaring the possibility of further integration between Codius and Ripple’s technology. Furthermore, the code has already been checked for dragons, the commonest bugs in this phase of testing the software.

According to the official website:

“Codius is an open hosting protocol. It makes it very easy to upload a program, whether you want it to run on one host or thousands. It also has built-in billing…. once a program is uploaded, anyone can pay to keep it running — the author, the users and even the program itself.”

For the continuous operation of Codius, one person is enough. Decentralized and smart contracts based on the speed and safe software solutions provided by Ripple, can also use Codius. Built-in micro-payment systems can be used to pay between the two Codius applications.

Alex Cobb, an XRP Investor tweeted:

“The #Ripplecodius smart contract platform could replace the use of both Bitcoin and Ethereum. Could make them obsolete. Why pay more for a transaction on either platform when you could get bitcoin and Ethereum features all in one currency. #XRP”

Shawn Stead, a market follower commented:

“Blows my mind the cost of xrp, I feel it should be worth way more, esp compared to other coins with the only promise of use. Xrp is the closest to solving every problem that we can think of with crypto even the peeps say it isn’t a crypto. Yet still.82”

Adam, another Twitter user commented:

“Codius being reborn from the ashes. Could be bearableguys Phoenix in his picture.”

Louis Crosby, a crypto investor tweeted:

“This is a great progression; I got invested in Ethereum for this exact reason. Smart contracts are still a relevant use case and I could see Ripple overtaking Bitcoin and Ethereum in the coming years.”