Re: Ripple protocol changes for Interledger support

Steven,

Thank you for your message.

I understand that the gateway is only involved during a withdraw, but that
is the point.

If you're conducting a transaction, you cannot be assured of the validity
until the withdrawal of funds is complete.

Daniel
On Jan 28, 2016 2:30 PM, "Steven Roose" <stevenroose@gmail.com> wrote:

> Daniel. That is not true, non-XRP payments require no additonal trust in
> the gateway then when not making payments. All non-XRP payments happen
> within Ripple without involvement of the gateway. The gateway is only
> involved when withdrawing or depositing money out of or into Ripple.
>
> So with SusPay, the only additional trust in the gateway while a
> transactions is suspended is that the gateway will not lose the funds while
> the transaction is in suspension. That extra trust is actually negligible
> since that trust is automatically assumed while just owning the IOU
> currency, that's what the trust limits are for.
>
> So basically the only problem is that a user can possibly change its trust
> level while incoming or outgoing transactions are suspended. However, I
> don't think that should be so much of an issue. A user can now already
> change its trust limit to an amount lower than the amount of currency he
> owns. What that induced is that he can only spend the currency and no
> longer receive it.
>
> I would be interested in hearing what other additional complexities are
> involved here..
>
> On Thu, Jan 28, 2016 at 8:17 PM, Daniel Bateman <7daniel77@gmail.com>
> wrote:
>
>> Steven,
>>
>> Non-XRP payments require trusting the gateway that is issuing the non-XRP
>> currency/commodity/security etc.
>>
>> Does this fully answer your question? If not, please specify further.
>>
>> Daniel
>>
>
>