Shouldn't ILP be on?

[tulo]

Wasn't 1st of October the debut date of Interledger?

But SusPay is not yet active on Ripple, and I didn't hear any other ledgers having enabled ILP.

But I cannot follow too much recently, so maybe you have more info...

[Guest]

20 minutes ago, tulo said:

Wasn't 1st of October the debut date of Interledger?

But SusPay is not yet active on Ripple, and I didn't hear any other ledgers having enabled ILP.

But I cannot follow too much recently, so maybe you have more info...

From Stephan Thomas on the Interledger mailing list:

Quote

What the article is referring to is that Ripple's bank customers will be moving real money through ILP-powered Ripple products starting Oct 1st.

Note that we were developing ILP internally for some time before we decided that it should become open standard and released the white paper. For now the commercial implementation of ILP inside of Ripple products and the open-source work happening in this group are pretty separate. We're getting really good ideas and feedback from the banks using ILP and that feeds back into the community group work. And of course the end goal is to have it all interconnect some day.

It'll take quite some time (and a lot of community traction) before the banks would even consider connecting to a public Interledger. Hence the importance of the work this group is doing that's unrelated to Ripple. For it to be a true standard there has to be lots of activity around it that isn't directly tied to us or our customers.

 

[cmbartley]

RCL is not even ILP-enabled yet. That requires SusPay to go live. ILP is simply a way for ledgers to escrow funds, so yes it's live within bank networks but it hasn't been connected to other networks/ledgers yet.

[Graine]

It's probably impossible, but it would've been really nice if we had something like Ripple Charts but for ILP. There doesn't have to be detailed transaction tracking, at least something like: "Today XXX.USD/CNY/choose_your_currency was transacted via ILP".