If anyone wants to implement my original 2-phase-commit/non-blockchain Ripple protocol design, it's here:
http://archive.ripple-project.org/Protocol/Protocol
It's only based on IOUs and routing through a mutual credit network -- no trustless cryptocurrency involved. And you'd need to give it a different name, of course
http://archive.ripple-project.org/Protocol/Protocol
It's only based on IOUs and routing through a mutual credit network -- no trustless cryptocurrency involved. And you'd need to give it a different name, of course
I've not had the mental bandwidth to follow the Ripple-against-the-world discussions as of late. However, I find it somewhat puzzling that the above comment went utterly unresponded to.
Perhaps I am just being trolled.
Yes, it is somewhat puzzling. I wish I had something to say, but I'd have to read the original design. Maybe call it FuggerCoin? or MutualTrustTokens?
I just can't get excited by a design/spec without an implementation. I'll stick with XRP for now, which is pushing 80 XRP/USD at the moment, led by dumping of CNY (gateway cap surged from CNY 1 million to CNY 1.4 million overnight).
66xrp/USD now in western gateways
in China it´s closer to 50xrp/USD.EDIT: I know, I am coming late to the party in the year of 2017, but finally we can all agree the XRP is not the future of cryptocurrency for value holders. Paradoxically, because it is way too stable, making it not so attractive for speculators. Also, it is not really anonymous. Sad story, bro.