Timeline for What happened to the original Ripple Project?
Current License: CC BY-SA 3.0
12 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 15, 2018 at 7:33 | comment | added | user58807 | Is it here? | |
| Jul 11, 2017 at 3:46 | answer | added | Nick ODell | timeline score: 2 | |
| Jul 10, 2017 at 16:35 | comment | added | Gregory Magarshak | But it doesn't really do peer to peer payments, only with banks. What about peer to peer payments and what happened to the original Ripple? | |
| Jul 10, 2017 at 1:47 | comment | added | Nik Bougalis | Because it does more than peer to peer payments? | |
| Jul 4, 2017 at 23:06 | comment | added | Gregory Magarshak | But why does it require a global ledger for peer to peer payments? | |
| Jul 3, 2017 at 3:55 | comment | added | Nik Bougalis | Ripple has a native cryptocurrency, XRP. Additionally, it supports advanced features like order books, payment pathfinding and a high-performance matching engine. | |
| Jul 3, 2017 at 3:48 | comment | added | Gregory Magarshak | Wait a sec! WHY DOES RIPPLE EVEN NEED A GLOBAL LEDGER AND CONSENSUS? Each person extends a credit line to their friends, whom they trust. All you need is two sides to sign every transaction, and a routing algorithm. You don't need a global ledger to hold every transaction! | |
| Jul 2, 2017 at 18:57 | comment | added | Nik Bougalis | Yes and no. No in the sense that you need to be able to send your transaction to the network and observe the results of the consensus to know if it went through or not. But you can work around that if you are using payment channels (XRP only) which don't require connectivity after their initial setup; you'd transact, as needed, and then simply settle all transactions, at once, when you got connectivity again. | |
| Jul 2, 2017 at 18:55 | comment | added | Gregory Magarshak | But if the network splits (let's say you are on a cruise ship) can you still make payments to one another during the sailing of the cruise ship? Or if you're in an African village etc. | |
| Jul 2, 2017 at 17:35 | comment | added | Nik Bougalis | Nodes don't need to be approved to join the network! Start up a node and it will connect to the network, no approval needed. | |
| Jul 2, 2017 at 6:12 | review | First posts | |||
| Jul 11, 2017 at 4:21 | |||||
| Jul 2, 2017 at 6:10 | history | asked | Gregory Magarshak | CC BY-SA 3.0 |