There are lots of similarities but also some very key differences.
The main one being that there is no native currency like XRP, so there is no risk of a similar situation to the current fiasco arising.
hyperledger is designed to be far more light weight and flexible than Ripple, meaning that instead of just being a conduit to trade other assets, hyperledger allows organisations to also issue their own assets, which they have complete control over.
We also have a different notion of pools. Anyone can create their own consensus pool with its own membership requirement rules or features, such as private transaction.
We achieve consensus by a slight different method. More info on this to come, please check the FAQ: http://www.hyperledger.com/faqs.html#ripple
Currently we are a small team of two, myself on the business/marketing side (we will be building commercial products on top of the open project, just as any user could) and feichtinger who is the main technical side. A bit more info on the contact page. Happy to answer any specifics here.
The main one being that there is no native currency like XRP, so there is no risk of a similar situation to the current fiasco arising.
hyperledger is designed to be far more light weight and flexible than Ripple, meaning that instead of just being a conduit to trade other assets, hyperledger allows organisations to also issue their own assets, which they have complete control over.
We also have a different notion of pools. Anyone can create their own consensus pool with its own membership requirement rules or features, such as private transaction.
We achieve consensus by a slight different method. More info on this to come, please check the FAQ: http://www.hyperledger.com/faqs.html#ripple
Currently we are a small team of two, myself on the business/marketing side (we will be building commercial products on top of the open project, just as any user could) and feichtinger who is the main technical side. A bit more info on the contact page. Happy to answer any specifics here.