Coda Protocol Changes Name After Trademark Dispute With R3

O(1) Labs-led lightweight blockchain Coda Protocol said it is relaunching as “Mina” following a settlement in a trademark dispute with software maker R3.

Sep 29, 2020 at 1:00 p.m. UTC
Updated Sep 14, 2021 at 10:01 a.m. UTC

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. 

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.