Ledger Loops

Network Money

[Crypto Commons Association @crypto4commons]

Here are the new dates and location for Collaborative Finance Retreat, now in Belgium! 30/06-04/07

Co-organised with @matslats and Stephen DeMeulenaere @networkcoin

Info and more in the thread ⬇️

[Ledger Loops @LedgerLoops]

@michielbdejong @PonderSource Since then, we grew to 6! :) https://t.co/GI6Ji9tQbl

[Ledger Loops @LedgerLoops]

Our new high-tech non-profit Ponder Source now has 6 team members! https://t.co/GI6Ji9tQbl

[Ledger Loops @LedgerLoops]

Please join join the conversation about Federated Bookkeeping in https://t.co/Uhe46CEOJw - lots of interesting discussions going on!

[Ledger Loops @LedgerLoops]

"We need access to bank IOUs and government IOUs to pay each other, since we do not trust each
other's IOUs." - Ryan Fugger, 2004. https://t.co/iSauLMEdXq

[Michiel de Jong @michielbdejong]

My new non-profit startup @PonderSource is looking to double its team size:
https://t.co/HhACMlNvep

[Ledger Loops @LedgerLoops]

@UUCopernicus FYI, your twitter bio contains a broken link to https://t.co/5dMzvNxXyN

[degrowth.info @degrowth_info]

📰This week on the blog, we have a special announcment from the Global Degrowth Day team. The theme of the 2021 GDD will be....care!

🐌Read more here: https://t.co/v5pm7cQiTy

[Ledger Loops @LedgerLoops]

We're starting to think of LedgerLoops as "federated bookkeeping on top of personal data stores." Also relates to the term 'federated commerce' from https://t.co/DebQaBCCNA
.

[Ledger Loops @LedgerLoops]

Let's help these people spread #DegrowthTalks!

[DegrowthTalks @DegrowthTalks]

2000+ followers 🎉✊

Thank you!🙏

➡️ We celebrate that more and more people are interested in degrowth and are appreciating our work

💵 But until we live in capitalism we need your help to keep spreading the message

🐌 Please consider giving us a hand https://t.co/ZcPeVK5QV5

[Michiel de Jong @michielbdejong]

New blog post about a new FinTech protocol: Synchronized Network Acccounting Protocol (SNAP) https://t.co/mIWWxYeDgW

[Michiel de Jong @michielbdejong]

"Network Ledger Technology: The First 15 Years" (new blog post) https://t.co/dTJ6VqMTB4

[Ledger Loops @LedgerLoops]

Digital money fundamentally differs from paper money: Money was often a physical piece of paper or object you can "own". But you can't "own" bits in a bank's database. So in digital bookkeeping and electronic payments, money is "credit in motion" through a network of trust lines.

[Ledger Loops @LedgerLoops]

It's funny that we often say "my money is in the bank", when really what we mean is "the bank owes me money". Likewise, we often say we "send money" even if a payment is fully digital, an adjustment of what my banks owes me, what your bank owes you, and what banks owe each other.

[Ledger Loops @LedgerLoops]

Changed the term "Network Ledger Technology" to "Network Money" on https://t.co/VVD0YwOipD. Like fiat, commodity and representative money, Network Money enables trade by flowing in the opposite direction, but unlike the other types, it cannot be hoarded or used for speculation.

[Ledger Loops @LedgerLoops]

LedgerLoops, @lightning and @interledger all use hashlocks for multi-hop transactions. Instead of the single global ledger DLT uses! We could call this new trend "Network Ledger Technology"? Network nodes only store local hops, but summing those up would give the global ledger.

[Interledger Foundation @Interledger]

Register now for the 3rd Interledger workshop + hackathon. Berlin, June 1-2, part of the Blockchain Expo: https://t.co/ycaR76foL4

[Interledger Foundation @Interledger]

1st #ETH -> #XRP Interledger escrow payment just went over the live networks! Tx details: https://t.co/B8ae40OXxm @Ripple @ethereumproject

[Ledger Loops @LedgerLoops]

@boverkamp @michielbdejong @unhosted If it's taking too long, you can send msgType 'please-reject' to request a cancellation, and try again.