Re: [Din] Side meeting on financial technology

Dino Farinacci <farinacci@gmail.com> Thu, 11 July 2019 18:07 UTC

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From: Dino Farinacci <farinacci@gmail.com>
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Date: Thu, 11 Jul 2019 11:07:27 -0700
Cc: Thomas Hardjono <hardjono@mit.edu>, "shigeya@wide.ad.jp" <shigeya@wide.ad.jp>, "melinda.shore@nomountain.net" <melinda.shore@nomountain.net>, "din@irtf.org" <din@irtf.org>
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Subject: Re: [Din] Side meeting on financial technology
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> oh i guess we'd like to know the read/write rate for transactions on a
> given DLT for a given consensus algorithms - this may have a gating
> function for whether someone can use it to implement a cryptocurrency,
> but that's their call - distributed ledger (e.g. immutable logs) are
> definitely useful things and having some open interworking ones is
> obviously handy….

Agree.

> libra? i thought that was a stable coin non crypto, non dlt,

Its a stablecoin crypto-currency for payments. Has huge support from big names and tons of captial. And it uses a newer designed blockchain protocol. Taking ideas from other efforts.

> centralised mint/check, paypal replacement from some social media
> company that needs to compete with wechat:-)? would love to see an
> open spec for it…

Here you go. Its a white-paper, maybe not our idea of a spec. ;-)

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

Dino