Hard Problems in Cryptocurrency: Five Years Later

Re:Hard Problems in Cryptocurrency: Five Years Later by matdehaast on Sunday November 24, 2019 @03:27AM (#21619129)

Certain use cases are currently very difficult/too expensive on current payment rails (Card networks, ACH etc.). Whilst I am not bullish on using Crypto directly. I think a clearing layer that can be settled with crypto can create a very interesting space for real time value exchange. We are currently working in the space on Interledger.

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Re:Hard Problems in Cryptocurrency: Five Years Later by lowracle on Sunday November 24, 2019 @06:35AM (#21619766)

Is it a project that hasn't been released yet ? Or by "clearing layer that can be settled with crypto" you simply mean route ILP payments between two currencies with crypto in the middle ?

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Re:Hard Problems in Cryptocurrency: Five Years Later by matdehaast on Monday November 25, 2019 @03:02AM (#21626257)

The latter. The underlying settlement is separate concern to clearing. Crypto just makes settlement easier for low-zero trust environments or situations where you want to manage liquidity better.

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