The real story behind the R3 Consortium’s “Admission of Defeat” on Blockchain

A major story in the Blockchain community (a place of strong opinions even in quiet times) is the R3 Consortium’s “Admission of Defeat on Blockchain”, but is this really news or even true? No, this is instead a sign of a bigger story that has been developing in the Blockchain world for some time: the gradual abandonment of core features from the original Bitcoin platform in an effort to create more pragmatic solutions for banks.

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