Coda Protocol Changes Name After Trademark Dispute With R3

O(1) Labs-led lightweight blockchain project Coda Protocol is being relaunched under a new name: “Mina.”

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 R3’s Corda blockchain, and could possibly confuse prospective clients.

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.
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. “Yes, you’re bigger and have more money than us – but we’ve got more important things to do. So today, we’re saying goodbye to Coda,” 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.

Also read: Coda Protocol Hoping to Expand User Base by Teaching People How to Run Nodes for Free

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Jaspreet Kalra

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

10 Years of Decentralizing the Future