ObservantOne Posted May 25, 2017 Share Posted May 25, 2017 5 minutes ago, ObservantOne said: After THAT demonstration, we could then increase the demand on the system, scaling XRP to the throughput of VISA, while simultaneously increasing demand on the BTC equivalent to the demand of XRP. This would show the scalability issue as being taken care of: XRP can scale to suit the demand, while BTC will backlog the transactions just to get to it when it gets to it. THEN use the Escrow feature in conjunction with a smart contract that puts the remainder of the FIAT/Digital Assets into a lock-up, releasing those funds only after BTC finishes their 25 rounds Is this a bad idea? Or is it just crazy and pointless? Could be pointless. "THEN use the Escrow feature in conjunction with a smart contract that puts the remainder of the FIAT/Digital Assets into a lock-up, releasing those funds only after BTC finishes their 25 rounds" Even better: your Fiat and Digital assets that were used as a test could be put into a lock-up using Escrow, and the smart contract initiates the unlocking of the lock-up, distributing the 25 fiat currencies and 25 digital assets back to their initial ledgers, where they were before they were used for the demonstration. All of this is done once BTC completes their 25 rounds of transferring said assets. Except, when BTC finishes this test, the assets that BTC was moving would still be where they were when BTC finished, whereas the assets that were being moved using XRP through the ILP would be accounted for Hodor and Mr760 2 Link to comment Share on other sites More sharing options...
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