- From: S. Matthew English <s.matthew.english@gmail.com>
- Date: Sat, 17 Sep 2016 13:37:28 +0200
- To: Blockchain CG <public-blockchain@w3.org>
Received on Saturday, 17 September 2016 11:38:41 UTC
My friends and I are developing a way to disintermediate value exchange between different digital currencies, i.e. without relying on a trusted third party. Different versions of peer-to-peer electronic cash exist as data represented by separate blockchains. Payments between such systems cannot be sent directly from one party to another without going through a financial institution. Bitcoin provided part of the solution but its utility is limited to intra-blockchain transactions. The benefits are lost if a trusted third party is required to execute inter-blockchain transactions. We propose a solution to the inter-blockchain transaction problem using the same fundamental principles of Bitcoin. The protocol is described by the Uberledger <http://uberledger.io/> framework, a hierarchical meta-blockchain layer that encapsulates information regarding the fidelity of peer-to-peer transaction facilitators. Sincerely, Matthew
Received on Saturday, 17 September 2016 11:38:41 UTC