R3 Director and Head of Labs SF talks about why we need Interledger

[cmbartley]

https://blog.michaeldowling.me/one-blockchain-platform-to-rule-them-all-mordor-objects-9bea437def66#.9zbkp1cvu

[Guest Haydentiff]

Sorry to get off topic, but do you happen to know if R3 finished their funding round?

 

[cmbartley]

There was news about them coming closer with an announcement coming soon. Last I heard, tgey expect to hut their $150M funding goal.

They mentioned Stellar, but not Ripple in this blog post. I'm guessing that was intentional...

[Deleted]

4 hours ago, cmbartley said:

They mentioned Stellar, but not Ripple in this blog post. I'm guessing that was intentional...

Intentional? But what if they have chosen Stellar instead? (yes, I'm paranoid)

 

[thinlyspread]

Wow, really thorough article. Thanks for sharing – great read, most gloss over details like this. The financial system is bloody complex! Way more than most people realise. They just think it's "derp-derp print money derp", "banks evil derp".

So I admittedly lol'd at the dig at conspiracy theorists (libertarians?!) re: fractional reserve.

[thinlyspread]

2 minutes ago, MrX said:

Intentional? But what if they have chosen Stellar instead? (yes, I'm paranoid)

Yeah I noticed this – I thought it's because of the way the validator nodes work in Stellar vs Ripple? Or maybe some legal reason as to why Stellar could fulfill the role and Ripple (as a private entity for example) could not.

But I'm not sure.