We're working on a public ILP-enabled test ledger instance for this group to play with. We just deployed the first version and are testing it internally. Give us some time to work through a first round of feedback, but we're excited to share it with you all soon. On Thu, Jan 21, 2016 at 11:06 AM, Jehan Tremback <jehan.tremback@gmail.com> wrote: > ILP has these advantages in theory. A testnet shows us how this stuff > works in practice. Not a bad thing to learn about. > > -Jehan > > On Thu, Jan 21, 2016 at 2:30 AM, Audrius Ramoska < > ramoska.audrius@gmail.com> wrote: > >> Hello Melvin, >> >> I am curious what is the reason to simulate existing payment system and >> to play with it? >> >> ILP we started to work have key advantages comparing to existing inter >> ledger payments. >> Dedicated intermediate company, secure communication channels between >> banks and intermediate company, dedicated funds allocation... all that and >> more are disadvantages comparing to ILP we are working on. Inter country >> payment with such one intermediate company/solution become more complicated. >> In some countries business (not bank) could buy something like payment >> processing license. In such cases one intermediate company services loses >> advantages, payment environment for end customer become more complicated >> despite that competition pushing service price down. >> Distributed ILP approach at certain level solve all these problems. >> >> Regards, >> Audrius >> >> On 20 January 2016 at 23:03, Melvin Carvalho <melvincarvalho@gmail..com >> <melvincarvalho@gmail.com>> wrote: >> >>> Interesting post on the inter ledger element of banking. >>> >>> https://getmondo.co.uk/blog/2016/01/20/how-do-bank-payments-work/ >>> >>> Im thinking of simulating this on a testnet for people to play around >>> >> >> >
Received on Saturday, 23 January 2016 03:52:41 UTC