<p>There are at least 5 different colored coins implementations on bitcoin that I'm aware of. The ones in active development include:</p>

<ul>
<li>Colu - They recently showed how their implementation can be used with the lightning network. <a href="https://www.colu.com/" rel="nofollow noreferrer">https://www.colu.com/</a></li>
<li>Chromaway - They've been running a lot of pilots with various banks and whatnot. <a href="http://chromaway.com/" rel="nofollow noreferrer">http://chromaway.com/</a></li>
</ul>

<p>There's also a slack channel for colored coins as well, which you can see here: <a href="http://coloredcoins.org/" rel="nofollow noreferrer">http://coloredcoins.org/</a></p>

<p>So no, it's not dead and there's still plenty of development going on.</p>

CC BY-SA 3.0
2016-11-21T19:16:40.940Z
2016-11-21T19:16:40.940Z
Jimmy Song
<p>Here is a recent update you can check:
<a href="https://medium.com/colu/announcing-colored-coins-and-lightning-integration-8e54d5dbfd0e#.7nnuw98ne" rel="nofollow noreferrer">https://medium.com/colu/announcing-colored-coins-and-lightning-integration-8e54d5dbfd0e#.7nnuw98ne</a></p>
<blockquote>
<h3>Problem:</h3>
<p>[...]</p>
<p>Colored Coins assets have the same TPS, Transaction fees, and verification times as Bitcoin.</p>
<p>[...]</p>
<h3>Solution:</h3>
<p>[...]</p>
<p>Colu has built a version of Lightning Labs’s code that is Colored Coins compatible. It uses Lightning technology transfer digital assets in payment channels and using the bitcoin blockchain as a settlement layer and a dispute resolution mechanism that secures the assets.</p>
</blockquote>

CC BY-SA 3.0
2016-11-24T12:29:20.470Z
Please don't post link-only answers. Rather include the key points from the link so that the answer also remains useful if or when the linked site becomes unavailable. Link-only answers are considered low-quality and may be removed.
Murch
CC BY-SA 3.0
2016-11-24T09:51:25.153Z
2016-11-24T17:54:44.300Z
2020-06-16T11:10:03.350Z
user43539
<p>Since Ethereum has taken the way for smart contracts, it seems to me that the color coins projects have been abandoned in favour of the Ethereum ecosystem. But I might be wrong. Are there any interesting projects still for this approach?</p>

<colored-coins>
Is the idea of color coins/open assets still alive? Are there any interesting projects ahead on this way?
somecryptouser
# Is the idea of color coins/open assets still alive? Are there any interesting projects ahead on this way?

(Asked by: username_0 on 2016-11-20)

Since Ethereum has taken the way for smart contracts, it seems to me that the color coins projects have been abandoned in favour of the Ethereum ecosystem. But I might be wrong. Are there any interesting projects still for this approach?

**Tags:** colored-coins


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## 2 answers

### Answer by username_1 on 2016-11-21. Score: 2

There are at least 5 different colored coins implementations on bitcoin that I'm aware of. The ones in active development include:

* Colu - They recently showed how their implementation can be used with the lightning network. <https://www.colu.com/>
* Chromaway - They've been running a lot of pilots with various banks and whatnot. <http://chromaway.com/>

There's also a slack channel for colored coins as well, which you can see here: <http://coloredcoins.org/>

So no, it's not dead and there's still plenty of development going on.


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### Answer by username_2 on 2016-11-24. Score: -1

Here is a recent update you can check:
<https://medium.com/colu/announcing-colored-coins-and-lightning-integration-8e54d5dbfd0e#.7nnuw98ne>

> ### Problem:
>
> [...]
>
> Colored Coins assets have the same TPS, Transaction fees, and verification times as Bitcoin.
>
> [...]
>
> ### Solution:
>
> [...]
>
> Colu has built a version of Lightning Labs’s code that is Colored Coins compatible. It uses Lightning technology transfer digital assets in payment channels and using the bitcoin blockchain as a settlement layer and a dispute resolution mechanism that secures the assets.

> **Comments:**
> **username_3**: Please don't post link-only answers. Rather include the key points from the link so that the answer also remains useful if or when the linked site becomes unavailable. Link-only answers are considered low-quality and may be removed.  

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