A Ripple UNL is like a voting pool...
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@JustusRanvier Ripple contains both trusted and trustless components, much like coloured coins.
@mmeijeri @JustusRanvier In other words, it contains security holes as well as secure components.
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@NickSzabo4 It's the fiat interface that's interesting, even if only for a transitional period. That inevitably involves counterparty risk. -
@mmeijeri We work on an attempt for a fiat-btc exchange: http://www.bitsquare.io
End of conversation
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@NickSzabo4 My main interest in Ripple is as a distributed Bitcoin exchange, though that is undermined by Ripple's very weak privacy.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 Maybe ZK techniques can be used to combine IOU rippling with privacy, but I haven't seen any proposals.Thanks. Twitter will use this to make your timeline better. UndoUndo
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