Re: Fwd: [Ripple] settle.network

In fact I've recently been thinking about a way of using Interledger to 
build a decentralized network like that as well.

If every person is it's own ledger with allows slight overdrafts 
(negative balances) for people it trusts, a network between these people 
could exist without having to have any actual ledgers holding deposits, 
it's all IOU's.

Much like Ripple or trustlines.network, but without the blockchain or 
the shared ledger.


On 22-02-17 07:18, Melvin Carvalho wrote:
> FYI
>
> ---------- Forwarded message ----------
> From: *Giovanni P* <fiatjaf@gmail.com <mailto:fiatjaf@gmail.com>>
> Date: 21 February 2017 at 21:47
> Subject: [Ripple] settle.network
> To: rippleusers <rippleusers@googlegroups.com 
> <mailto:rippleusers@googlegroups.com>>
>
>
> Has anyone seen this[1]? It's some personal project that implements 
> the Ripple decentralized protocol without commits, in a way that I've 
> been thinking for a long time that would work (everyone is subject to 
> lose money in the amount of their trust -- if the trusted party is a 
> bad agent), with assets hosted on federated nodes.
>
> They have a hidden Google Group[2].
>
> [1]: https://settle.network/
> [2]: https://groups.google.com/forum/#!forum/settle-public 
> <https://groups.google.com/forum/#%21forum/settle-public>
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