Re: [Din] Side meeting on financial technology

Thomas Hardjono <hardjono@mit.edu> Thu, 11 July 2019 18:26 UTC

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From: Thomas Hardjono <hardjono@mit.edu>
To: Dino Farinacci <farinacci@gmail.com>
CC: "jon.crowcroft@cl.cam.ac.uk" <jon.crowcroft@cl.cam.ac.uk>, "shigeya@wide.ad.jp" <shigeya@wide.ad.jp>, "melinda.shore@nomountain.net" <melinda.shore@nomountain.net>, "din@irtf.org" <din@irtf.org>
Thread-Topic: [Din] Side meeting on financial technology
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Date: Thu, 11 Jul 2019 18:26:23 +0000
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Subject: Re: [Din] Side meeting on financial technology
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Maybe it would be useful to separate the “value” layer (the human agreed economic value) from the “mechanical” layer (protocols, throughout, etc) — in as much as these are separable. 


— thomas —



_________________________________



On Jul 11, 2019, at 14:07, Dino Farinacci <farinacci@gmail.com>; wrote:

>> 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
>