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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Is it just me or is rippled source litterly just relaying information efficient
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Xenland (OP)
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September 27, 2013, 07:10:11 AM
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Is it just me or is rippled source literately just relaying information efficient?

I took a quick peak at it and I'm not quiet sure when the banking part comes in. It seems that we are just relying on trust still and not the Bitcoin kind of trust, the "Bank" kind of trust system which is "because receipt, documentation or balance exists -- so it is."

I'm highly disappointed.
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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Sukrim
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September 28, 2013, 01:32:40 AM
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What did you expect?!

The only part that wasn't documented on the Wiki already was the P2P protocol (the protobuf part)...
https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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