O(1) Labs-led lightweight blockchain project Coda Protocol is being relaunched under a new name: âMina.âÂ
The name change follows a confidential settlement reached between O(1) Labs and R3, a software and blockchain development firm. A trademark infringement lawsuit filed by R3 in October last year alleged that the name Coda was similar enough to R3âs Corda blockchain, and could possibly confuse prospective clients.Â
- Although court documents show the lawsuit was dropped by R3 in December 2019, O(1) labs is now renaming the blockchain and phasing out its usage of Coda.Â
- While O(1) labs said that settlement reached in the trademark dispute was confidential, a letter undersigned by the newly minted Mina community seemed to express some dissatisfaction. âYes, youâre bigger and have more money than us â but weâve got more important things to do. So today, weâre saying goodbye to Coda,â read the letter addressed to R3.
- The lightweight blockchain, which claims that it will always stay the same size - 22 kilobytes - is currently in its testnet phase.Â
Also read: Coda Protocol Hoping to Expand User Base by Teaching People How to Run Nodes for Free