W3C home > Mailing lists > Public > public-interledger@w3.org > March 2017

Re: SPSP protocol for multi currencies ledgers

From: Adrian Hope-Bailie <adrian@hopebailie.com>
Date: Tue, 7 Mar 2017 22:40:34 +0200
Message-ID: <CA+eFz_KPdhdHmO9ZcCMYxURJGKJ6gtegh0ePr3uAAKAfL+h=GA@mail.gmail.com>
To: David Nicol <davidnicol@gmail.com>
Cc: Andrew Bransford Brown <andrewbb@gmail.com>, Evan Schwartz <evan@ripple.com>, Didier Martin <didierphmartin@hotmail.com>, "public-interledger@w3.org" <public-interledger@w3.org>
+1 to David's points.

I think what Evan is pointing out though is that the discovery of the
various ledgers would likely happen in the setup/application layer protocol.

We can preserve the single ledger/single currency abstraction and still
support the use case.

On 7 March 2017 at 20:10, David Nicol <davidnicol@gmail.com> wrote:

>
> As someone who has been a dilettante on this subject for ~25 years, I
> believe that the right thing to do is as follows:
>
> Ledgers contain accounts. Accounts can represent anything denominated in
> the currency of the ledger. a "ledger supporting multicurrencies account"
> must be interpreted as multiple ledgers administratively linking one
> account in each to the same identity.
>
> The alternative destroys fungibility within the "ledger" abstraction, and
> would require breaking into per-currency "subledgers" anyway, so just don't.
>
>
> David Nicol
>
>
>
>
> On Tue, Mar 7, 2017 at 4:35 AM, Andrew Bransford Brown <andrewbb@gmail.com
> > wrote:
>
>> As someone who has done the difficult thinking on this subject for ~15
>> years,
>>
>>
>> On Tue, Mar 7, 2017 at 4:15 AM, Evan Schwartz <evan@ripple.com> wrote:
>>
>>> Great question. We are definitely interested in supporting cases where
>>> the receiver has multiple accounts on different ledgers. The main question
>>> is what layer to address this at.
>>>
>>> On Mon, Mar 6, 2017 at 6:09 PM Didier Martin <didierphmartin@hotmail.com>
>>> wrote:
>>>
>>>>
>>>>
>>>> As it becomes more and more current that ledgers (from some banks)
>>>> support multicurrencies accounts,
>>>>
>>> --
> "Have you taken yourself seriously today?" -- the gravity clown
>
Received on Tuesday, 7 March 2017 20:49:43 UTC

This archive was generated by hypermail 2.3.1 : Tuesday, 7 March 2017 20:49:43 UTC