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Re: Ripple protocol changes for Interledger support

From: Steven Roose <stevenroose@gmail.com>
Date: Thu, 28 Jan 2016 20:05:30 +0100
Message-ID: <CAChG=YV+t=L8S2=K59cKsTX_ptp8yAy5cvEbXq_Wz8xyfnfbUg@mail.gmail.com>
To: Evan Schwartz <evan@ripple.com>
Cc: Interledger Community Group <public-interledger@w3.org>
Thanks!

Does SusPay only work with XRP? Or also with IOU currency?

Steven
On Jan 28, 2016 19:46, "Evan Schwartz" <evan@ripple.com> wrote:

> The main requirement for a ledger to be ILP-capable is supporting
> cryptographic escrow, which is done in RCL using Suspended Payments.
>
> To quote nikb from the XRPChat forum
> <http://www.xrpchat.com/topic/494-we-need-a-standardised-online-protocol-for-payments-ripple/#comment-3236>
> :
>>
>> Suspended payments, introduced with this commit:
>> https://github.com/ripple/rippled/commit/3f0eacf5e70c43715a1e726d7a228d0ee307ee4e.
>> Basically, a suspended payment "sequesters" the specified amount of XRP in
>> its own ledger entry until either the suspended payment is completed (and
>> the XRP is delivered to the destination) or canceled (and the XRP is
>> returned to sender).
>>
>> I guess you could say it's similar to escrow, but this is done directly
>> in the ledger, without the involvement of a third party.
>>
>
> The SusPay feature has been implemented and is available in the altnet but
> not yet on the production network.
>
> On Thu, Jan 28, 2016 at 7:19 AM, Steven Roose <stevenroose@gmail.com>
> wrote:
>
>> Hi
>>
>>
>> I know this is not entirely the right place for this question, but since
>> I suppose a lot of Ripple Labs folks are in this mailing list, as well as
>> there not being a Ripple-related mailing list and this question actually
>> being somehow related to Interledger, I think I'm fine.
>>
>> In the Interledger Protocol presentation, Stefan Thomas and Evan Schwartz
>> mention that in order for Ripple to work with Interledger, some
>> modifications have to be made to the Ripple protocol.
>> I would like to know exactly what modifications/additions will be made,
>> some documentation would be awesome, and when they are planned to be
>> available.
>>
>>
>> Thanks and best regards
>>
>> Steven Roose
>>
>
>
>
> --
> Evan Schwartz | Software Architect | Ripple
> [image: ripple.com] <http://ripple.com>
>
Received on Thursday, 28 January 2016 19:05:59 UTC

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