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Interledger Protocol VS COMIT NETWORK?


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From what I understand I see Comit Network a direct competitor to ILP because both protocols are after the so called Cross-Blockchain Interoperability!

It would be nice some explanation from the experts on Interledger Protocol and all comments are wellcomed!

Also this TenX -PAYMENT PLATFORM FOR BLOCKCHAIN ASSETS will be the first using the Comit Network! - https://www.tenx.tech/index.html

I also find this a direct competitor to ILP and XRP!

 

Links to Comit Network -http://www.comit.network/

Comit Network White Paper - http://www.comit.network/doc/COMIT white paper v1.0.2.pdf

 

Some info from the Comit Network:

 

"COMIT network can provide the same final and elegant solution as the Internet did for information.

• True instant, frictionless and cheap payments for users all over the world

• True global access without limitations to any asset or business process connected to a blockchain

• Amazing new business opportunities for companies

• New recurring revenue streams for banks and other liquidity providers

• Rapid adoption based on existing networks build with new cheap and secure infrastructure"

 

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be good to get ripple devs to comment 

they're probably aware of it already, and if not, they should be

maybe they can all work together

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30 minutes ago, BAX said:

From what I understand I see Comit Network a direct competitor to ILP because both protocols are after the so called Cross-Blockchain Interoperability!

It would be nice some explanation from the experts on Interledger Protocol and all comments are wellcomed!

Also this TenX -PAYMENT PLATFORM FOR BLOCKCHAIN ASSETS will be the first using the Comit Network! - https://www.tenx.tech/index.html

I also find this a direct competitor to ILP and XRP!

 

Links to Comit Network -http://www.comit.network/

Comit Network White Paper - http://www.comit.network/doc/COMIT white paper v1.0.2.pdf

 

Some info from the Comit Network:

 

"COMIT network can provide the same final and elegant solution as the Internet did for information.

• True instant, frictionless and cheap payments for users all over the world

• True global access without limitations to any asset or business process connected to a blockchain

• Amazing new business opportunities for companies

• New recurring revenue streams for banks and other liquidity providers

• Rapid adoption based on existing networks build with new cheap and secure infrastructure"

 

they are nowhere... no adoption  a half done website.   not one to worry about.

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in fact (and someone posted this into the chat) i really think AHB has a strong point in this video, where he basically says that there shouldn't be competitors in the protocol space being there's no direct profiteering; it's collaborative and open by nature -- so, if COMIT are serious and don't have an agenda, they really should join the W3 group and HELP rather than fragment the efforts that Interledger are making in EVERYONE's interests: 

 

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maybe someone with a twitter or FB account can tweet them and copy in interledger, AHB and the W3 group, and Stefan Thomas too?

https://twitter.com/tenxwallet

the more the merrier, the quicker we can interoperability the faster xrp gains traction as a connecting asset

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hood, do you have a twitter account? could you copy in the accounts i mentioned above? thinking we might be able to pull some people together so interledger-type protocols can gain more traction -- the quicker it happens the better it is for xrp...

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10 minutes ago, Hodor said:

So when you use the term "competitor"....  Colu has one client, and it's...  Barbados.  

And the company that owns Coindesk also owns part of Colu.  If it didn't, my guess is this article never happens.

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