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Aspects of this sound similar to Stellar and Ripple. Could folks with more knowledge elaborate on the differences?
by Ar-Curunir 5y ago
Aspects of this sound similar to Stellar and Ripple. Could folks with more knowledge elaborate on the differences?
- _def 5y agoI didn't know this project but if you visit their website today you can see that Stellar is listed there as a reference.
- max_ 5y agoIt seems so. Its the notion of "Trust Lines"[0] All this thing does is limit potential losses from fraud. Not eliminating. The main value proposition of a blockchain is to solve the "principal-agent" problem [1] and gis simply reduces the risk but doesn't remove it entirely. Plus some of the requirements on a node having to be online (in a decentalized, byzantine environment) all the time are unrealistic. This seems more like ripple. Stellar uses a more sophisticated notion of "quorum slices" and is resistant to byzantine faults [2] [0]: https://trustlines.foundation/faq.html https://trustlines.foundation/faq.html [1]:https://as1ndu.xyz/2021/04/clarifying-the-blockchain-proposition/ https://as1ndu.xyz/2021/04/clarifying-the-blockchain-proposi... [2]: https://youtu.be/vmwnhZmEZjc https://youtu.be/vmwnhZmEZjc
- nano_o 5y agoThe Stellar Network relies on nodes declaring quorum slices, which can be understood as trust relationships, but it implements a single global blockchain. So I don't think it's very similar. Edit: one similarity is that token issuers in Stellar can remain authoritative on their token.