W3C home > Mailing lists > Public > public-interledger@w3.org > January 2016

Re: Ripple protocol changes for Interledger support

From: Evan Schwartz <evan@ripple.com>
Date: Thu, 28 Jan 2016 11:06:28 -0800
Message-ID: <CAONA2jW8+1s8T7yoGgSxtpVkN-NCNgRgBgzVQdO+Fy7+S3foQQ@mail.gmail.com>
To: Steven Roose <stevenroose@gmail.com>
Cc: Interledger Community Group <public-interledger@w3.org>
Currently it is only implemented for XRP

On Thu, Jan 28, 2016 at 11:05 AM, Steven Roose <stevenroose@gmail.com>
wrote:

> 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>
>>
>


-- 
Evan Schwartz | Software Architect | Ripple
[image: ripple.com] <http://ripple.com>
Received on Thursday, 28 January 2016 19:07:17 UTC

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