The Stellar object model

Re:The Stellar object model by ianburrell on Monday August 04, 2014 @02:52PM (#8133377)

I'm disappointed that Stellar has the automatic balance transfers. I always thought that was one of the major flaws with Ripple. This breaks people expectations that the balances are like accounts and money won't move without authorization. It assumes that issuers credits are equivalent which is normally true but causes serious problems when it fails (see Mt Gox or bank runs).

If they need liquidity for the network to operate, they should allow people to provide funds for liquidity or operate as middlemen.

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Re:The Stellar object model by alwillis on Tuesday August 05, 2014 @03:20PM (#8138775)

>If they need liquidity for the network to operate, they should allow people to provide funds for liquidity or operate as middlemen.

Being a market maker (providing liquidity and being able to transact between currencies) is a feature of Ripple; I'm assuming it's part of Stellar as well.

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Re:The Stellar object model by swamp12 on Monday August 04, 2014 @03:21PM (#8133519)

Well you can turn the feature off if you want. You can also set the "quality" of a given issuer. This means that you could apply a discount to the mtgox credit so it would swap out at a discount. But really it will probably just be turned off by default

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