RATE Group | Ethereum’s PegaSys Announces Orion Private Transaction Manager
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Ethereum’s PegaSys Announces Orion Private Transaction Manager

Ethereum’s PegaSys Announces Orion Private Transaction Manager

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ConsenSys’ protocol engineering crew recently released its open-source privacy application to the public.

According to a recent announcement from PegaSys, a protocol engineering arm of the blockchain technology company ConsenSys, the team has open-sourced its private transaction manager, Orion, via GitHub. The Java-based product allows private transactions to propagate, or be distributed, among Enterprise Ethereum nodes.

Under this system, only nodes associated with a private transaction can view its contents. The application is compatible with enterprise-level Ethereum clients – for example, J.P. Morgan’s Quorum – that can use Orion’s application programming interfaces.

This release complies with the business specifications published in May by the Enterprise Ethereum Alliance (EEA), a global standards organization focused on Ethereum. The guidelines specify a permission subsystem (referred to as a private transaction manager) that enables authorized parties to engage in private…

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