Discover and read the best of Twitter Threads about #ILPv4

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[1/🧵] I believe @bob_way has already gone way overboard with #ILP and all the complexities of explaining all that needs to be expressed. ❤️

Still, let me make a few remarks on the following topics 👇
• Infrastructure layers of #ILP
#XRPL Payment Channels
• "Ledger Graphs"
[2/17] — Infrastructure Layers of #Interledger

When it comes to the most recent version of the open #ILPv4 suite in universal mode (high volume, low value payments), the layering is as follows:

1⃣ Application
2⃣ Transport
3⃣ Interledger (Core Layer)
4⃣ Link
5⃣ Ledger
[3/17] — 1⃣ Application Layer —

This is the suite's first layer, and it contains the following protocol:
➡️ #SPSP (Simple Payment Setup Protocol)

📝 This is for #identifiers, which are comparable to email addresses and are used to make addresses readable.
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