Title: New Digital Currency Aims to Unite Every Money System on Earth Post by: BIT-Sharon on September 17, 2014, 05:46:21 AM “We are living in a world of closed, un-interoperable networks,” says Patrick Collision, one of Stripe’s co-founders, referring to the many credit card networks that now move money across the net. “Whether it’s bitcoin or Stellar or some other technology, it’s really important—and, I hope inevitable—that something comes along and unifies them.”
http://www.wired.com/2014/08/new-digital-currency-aims-to-unite-every-money-system-on-earth/ Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: tokeweed on September 17, 2014, 05:56:57 AM it's not about the 'digital currency'. it's about the platform. stellar/ripple have really good tech, and is really useful for moving value on the internet. here's a primer: https://ripple.com/ripple_primer.pdf
both ripple and stellar (a ripple fork) is NOT about its built in currency. having only a small amount of that, like 100 XRP/STR is enough for an average user to last him a life time of transactions in using those platforms. Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: BIT-Sharon on September 17, 2014, 07:46:19 AM I got the meaning like that they are invented to be a useful standard for financial transaction which make independent system interconnected with each other. And as the standard grow complete, kinds of platform can works together.
Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: darthcoin on September 17, 2014, 10:13:39 AM I'm not sure I understand the currency distribution angle of Stellar.
Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: tokeweed on September 17, 2014, 11:25:49 AM I'm not sure I understand the currency distribution angle of Stellar. easy wallet activation. somewhat of an issue in ripple. Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: digitalindustry on September 17, 2014, 11:47:40 AM this sounds like a Stellar idea*
*this was an innovative and creative play on words. Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: CryptoDomains on September 17, 2014, 11:51:38 AM It certainly has the potential to be huge, if it doesn't rush it and can offer a true multicurrency wallet, wow, great stuff, send X currency, receive and convert to X currency and so on.
It certainly has the major backers in the field. Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: Nullu on September 17, 2014, 12:46:22 PM It's the next crypto wave. Creating cryptos full of cryptos.
Title: Re: New Digital Currency Aims to Unite Every Money System on Earth Post by: knifeedge on September 17, 2014, 01:06:24 PM What's more important is the lack of clarity on how it solves the Byzantine Generals Problem.
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