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Re: Ripple protocol changes for Interledger support

From: Steven Roose <stevenroose@gmail.com>
Date: Thu, 28 Jan 2016 20:09:56 +0100
Message-ID: <CAChG=YU2xZc9pnyJOQrnVysTkqe0-+RJOHH=agG1Y-H_3ibAyQ@mail.gmail.com>
To: Evan Schwartz <evan@ripple.com>
Cc: Interledger Community Group <public-interledger@w3.org>
Is there a reason for that? Are there additional complexities regarding IOU
SusPay transactions?

What comes up to mind might be changing trust limits while a payment is
suspended.

Steven
On Jan 28, 2016 20:06, "Evan Schwartz" <evan@ripple.com> wrote:

> 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 19:10:30 UTC

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