Web router standards
The primary goal of the Interledger Payments Community Group is connecting the many payment networks (ledgers) around the world via the Web. The group's vision is an open, universal payment scheme built on Web standards that allows any payer to pay any payee regardless of the payer’s choice of payment instrument or the payee’s account.
They will end up with proof of veto for roll back rights. From the white paper:
Unlike previous approaches, this protocol requires no
global coordinating system or blockchain. Transfers
are escrowed in series from the sender to the recipient
and executed using one of two modes. In the Atomic
mode, transfers are coordinated using an ad-hoc group
of notaries selected by the participants. In the Universal
mode, there is no external coordination. Instead,
bounded execution windows, participant incentives and
a “reverse” execution order enable secure payments between
parties without shared trust in any system or institution.
There we go, they are guided by theory and end up with resolution by timeout, it works, it is a standard, it is the web router and soon will have a version for controlled instruction cache. Spectre done this, or really it was an outcome from the Intel SGX research. Where would fiaters be now if I wasn't doing my job? Welcome to the sandbox.
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