- From: Adrian Hope-Bailie <adrian@hopebailie.com>
- Date: Mon, 27 Feb 2017 17:52:02 +0200
- To: Eric Wall <eric.wall.770@gmail.com>
- Cc: Andrew Bransford Brown <andrewbb@gmail.com>, Melvin Carvalho <melvincarvalho@gmail.com>, Steven Roose <stevenroose@gmail.com>, Interledger Community Group <public-interledger@w3.org>
- Message-ID: <CA+eFz_LGmzqA+9X2Jhzh8dtx5CbOyy97uLD7TVi2syvyEYhoMw@mail.gmail.com>
This is pretty much what a network of people running https://github.com/interledgerjs/ilp-kit/ would create. ILP-kit includes a ledger to track the balances of others you trust but if you "peer" with someone using the latest version you will use https://github.com/interledgerjs/ilp-plugin-virtual which means your two connectors establish a trustline instead of holding balances on a ledger. With ledger plugins for Ripple, Lightning etc you can create a massive decentralized network of peers where the trustlines between them are underwritten by payment channels on a distributed ledger. On 27 February 2017 at 17:36, Eric Wall <eric.wall.770@gmail.com> wrote: > 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 >>>> -- >>>> You received this message because you are subscribed to the Google >>>> Groups "Ripple Project" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to rippleusers+unsubscribe@googlegroups.com. >>>> For more options, visit https://groups.google.com/d/optout. >>>> >>>> >>>> >>> >> >
Received on Monday, 27 February 2017 15:52:38 UTC