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Results tagged with trust
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user 3080
Trust is when one party relies upon the representations made by another party such that the relying party would be harmed if the representations were inaccurate. Trust exists between users of crypto-currencies and the developers of the software they use, between mining pool managers and their miners, and between exchanges or e-wallet services and their users.
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Is it possible to see how much trust a certain wallet/user has extended in Ripple?
I can use the Ripple Live Network graph to see the balances of any given wallet on Ripple, but in order to know whether to trust someone (even a close friend), I might want to know how much trust they … If, for example, somebody has a current balance of 30 USD but they have extended trust worth 150 USD, I might not want to trust that person since at any moment they might have sent out IOUs for far more …
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