Re: Fwd: [Ripple] settle.network

I read this article
http://www.ibtimes.co.uk/introducing-trustlines-original-ripple-idea-ethereum-1607226

And thought it might bear relevance to this mail-conversation.

On Wed, Feb 22, 2017 at 5:39 PM, Andrew Bransford Brown <andrewbb@gmail.com>
wrote:

> Yes, all you need is a list of IOUs/promises (open and completed).
>
> Open IOUs/promises become a live exchange.  Completed transactions become
> reputation.
>
> Optionally, the list of IOUs/promises can be aggregated into a currency or
> credit value.
>
>
>
>
> On Wed, Feb 22, 2017 at 11:06 AM, Melvin Carvalho <
> melvincarvalho@gmail.com> wrote:
>
>>
>>
>> On 22 February 2017 at 15:56, Steven Roose <stevenroose@gmail.com> wrote:
>>
>>> 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.
>>>
>>
>> +1
>>
>> love this idea!
>>
>>
>>>
>>> On 22-02-17 07:18, Melvin Carvalho wrote:
>>>
>>> FYI
>>>
>>> ---------- Forwarded message ----------
>>> From: Giovanni P <fiatjaf@gmail.com>
>>> Date: 21 February 2017 at 21:47
>>> Subject: [Ripple] settle.network
>>> To: rippleusers <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
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>>>
>>>
>>
>