Questions tagged [wot]
Web of Trust - a decentralised trust model
4
questions
6
votes
1
answer
425
views
In Ripple, when an IOU is defaulted upon, who gets hurt?
Let's say there are five people.
Alice <-> Bob <-> Charlie <-> David <-> Eve
Each of them trusts the person next to them. For instance, Charlie trusts Bob and David, but not Alice or ...
6
votes
2
answers
703
views
How does a gateway IOU differ from any other IOU on the Ripple network?
How does a gateway IOU differ from any other IOU on the Ripple network? Say, if I got a $1000 from a gateway, does that make it a better currency than say, creating a second account and sending myself ...
5
votes
1
answer
326
views
Can Ripple exist without ripples?
Can a system like Ripple exist without a currency like ripples? As they are not used to pay the peers in the system, and their supply / fee ratio is so large they do not appear to be stopping the ...
3
votes
2
answers
772
views
Does sending non-ripple-money through Ripple require two people to be connected through a web of trust?
Say we have two people - first one puts some money into their Ripple address through a use of a gateway. They are not trusting anyone on the network, but need to send their money to a second party ...