Exciting update from ILP: Interledger joins the JavaScript Foundation

[getitdone]

Interledger Protocol was officially added to JavaScript Foundation that will expose ILP to all open source JS projects !  details below:

 

Hi all,
 

I'm excited to share with you, an announcement that was made earlier today at OSCON in London. As of today all of the Interledger JavaScript code has been pulled into the newly formed JS Foundation [1] under the project name InterledgerJS.
 

What does this mean for us?

 

The most obvious change is that all of the JavaScript repos have been moved to a new GitHub organization: https://github.com/interledgerjs. Fortunately the old repos will automatically redirect so this shouldn't affect any contributors or their local links.

Less obvious are the fantastic benefits of joining a prestigious group of open source JavaScript projects [2] under the guidance and mentorship of the OSS industry experts at the Linux Foundation.
 

As Kris Borchers, executive director of the JS Foundation said: “The JS Foundation aims to support a vast array of technologies that complement projects throughout the entire JavaScript ecosystem”, and we're very proud to count InterledgerJS among these.
 

What happens next?

 

For the Interledger community it's business as usual. We continue to work on the code with our goal of bootstrapping the Interledger over the coming months so look out for more announcements on that front. 

Going foreward our new friends at the JS foundation will be assisting us in ensuring that our projects are setup for long term term success and sustainability by including us in their mentorship program. Details will be shared with the community as they become available.

What excites us most at Ripple is that this change represents an inflection point in the evolution of the project. 

The InterledgerJS repos have been, and will continue to be, the primary reference implementations of the Interledger protocol and these are now moving from incubation under Ripple's stewardship to that of a significant independent foundation with a history of ensuring the sustainability of OSS projects.
 

There is still a great deal of work to do and Ripple will continue to be heavily involved in driving ILP forward (we have joined as Silver members of the foundation) but we're proud of how far we've come as a community and see inclusion of InterledgerJS among this auspicious group of projects as testament of this.
 

Thanks!
 

Thank you to everyone that has contributed to this work over the past year. Give yourselves a pat on the back! If your organisation wishes to join or contribute to the JS Foundation to ensure the sustainability of InterledgerJS (or any of the other great projects) please get hold of me.
 

The official press release from the foundation is here: https://js.foundation/announcements/2016/10/17/Linux-Foundation-Unites-JavaScript-Community-Open-Web-Development/ and Stefan, Evan and I will be available to answer any questions on the community call this week (3pm UTC on Wednesday).

 

Adrian

 

[1] https://js.foundation/
[2] https://js.foundation/projects/

Edited October 19, 2016 by tomxcs
updated/clarified title

[thinlyspread]

Very nice getting a foot in the door like this, and very much in the spirit of pushing for an open and inclusive internet of value.

[Duke67]

If that means that JS developers will be able to easily access ILP then this is amazing news! 

[Guest]

They also have a project called "JED".. this is a bad omen..

[Guest jarvis]

https://ripple.com/insights/jsf/

[Duke67]

3 hours ago, baggy23 said:

They also have a project called "JED".. this is a bad omen..

[TPM]

ARTICLE QUOTE

"We can’t wait to see what awesome use cases we’ll see over the next year around micropayments, financial access, remittance and beyond.”

XRP use for Micropayments.......???

Am I reading this right?

[Guest Dizer]

22 minutes ago, TPM said:

XRP use for Micropayments.......???

Am I reading this right?

That's not particularly new. In more than one occasion, Chris Larsen talked about how low value, high volume cross border payments transfer, is a major pain point for banks and how ILP can solve this problem as a first phase use case. The second phase application will be when IoT becomes wide spread where devices of all shapes and types can get plugged into the internet and transact with one another using a common protocol like ILP to transfer perhaps very low values (fraction of a fraction of a cent). 

[Guest]

23 hours ago, TPM said:

ARTICLE QUOTE

"We can’t wait to see what awesome use cases we’ll see over the next year around micropayments, financial access, remittance and beyond.”

XRP use for Micropayments.......???

Am I reading this right?

With Payment Channels coming soon™ to RCL and a couple micropayment demos using ILP that have been shown off in the past 9 months, using a Ripple-centric solution for micropayments is a very real possibility. Whether XRP will be involved in a significant volume of total micropayments (just like other use cases of XRP) is still an open question and will likely remain one for at least a couple years. We'll have to wait for some "real" usage to see if it'll catch on or not.

[TPM]

Makes sense.....thanks @tomxcs

[cmbartley]

I don't think the Ripple community (or the broader crypto community) fully understands how big a deal this is... The 12 bank trial was great, but with this announcement we can be sure that ILP isn't going away any time soon. Move over, it's going to expose the broader CS and development community to ILP regardless of their particular interest in crypto. In hindsight I think this will be seen as a tipping point. 

http://www.zdnet.com/article/the-linux-foundation-strives-to-unite-open-source-javascript-community/

Edited October 23, 2016 by cmbartley

[RedDragon]

5 minutes ago, cmbartley said:

I don't think the Ripple community (or the broader crypto community) fully understands how big a deal this is... The 12 bank trial was great, but with this announcement we can be sure that ILP isn't going away any time soon. Move over, it's going to expose the broader CS and development community to ILP regardless of their particular interest in crypto. In hindsight I think this will be seen as a tipping point. 

http://www.zdnet.com/article/the-linux-foundation-strives-to-unite-open-source-javascript-community/

Yes this is HUGE news and its great, but what W3C is doing with Web Payments 1.0 is bigger and better, It will make ILP the standard for online payments. Hints Ripple will be the backbone of all web payments.

Edited October 23, 2016 by RedDragon

[thinlyspread]