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Is there something deeper here, or only Ripple’s attempt to whitewash its reputation after the SEC lawsuit?

• networkimprov 5y ago
  It's the underpinning of the Web Monetization effort backed by Mozilla. https://webmonetization.org https://webmonetization.org https://grantfortheweb.org https://grantfortheweb.org
  • commoner 5y ago
    One of the people on the Interledger Foundation's board of directors (Chris Larsen) is the Chairperson of Ripple. 2 of the 3 people listed under the Interledger Foundation's "Our People" are affiliated with Mozilla.[1] I feel that it was a mistake for representatives of Mozilla and these other organizations to endorse the Interledger Foundation. Coinbase has been restricting XRP from being bought, sold, or traded ever since the SEC sued Ripple Labs just over a year ago.[2] [1] https://interledger.org/about-us/ https://interledger.org/about-us/ [2] https://help.coinbase.com/en/coinbase/getting-started/crypto-education/xrp-xrp-faq https://help.coinbase.com/en/coinbase/getting-started/crypto...
• matdehaast 5y ago
  We believe so yes, Interledger is a payments clearing protocol. More akin to to card networks or SWIFT. The ultimate goal is to allow disparate account holding institutions ( banks, digital wallets, crypto wallets etc) to have an interoperable mechanism for clearing payments between each other. Settlement between these parties is for them to decide. The next goal for us to to enable a layer on top of Interledger to create an effective global open banking spec, which is called Open Payments[0]. Just a side note, with a backbone of ILP there is many applications that could potentially be built on top. As ILP has decided to take a layered approach to the stack, similar to the internet. Replying on my phone but happy to answer any questions [0] openpayments.dev