Ripple CEO Brad Garlinghouse to go for AMA soon; Lock and Load your Questions!
— Ripple (@Ripple) August 21, 2018
As the company puts it:
“The Ripple Drop is a new web video series from inside Ripple. It’s a twice-monthly series that covers the latest news about Ripple’s customers, technology, products and culture.”
Tomorrow’s video would have Cory Johnson, the Chief Market Strategist at Ripple, interview Brad Garlinghouse.
David’s live session shed a lot of light on the way Ripple works as well as the plans of Ripple for the future. A great example of such a question would be Dr. T’s question and David’s answer for it:
Dr. T: Will it ever be technically feasible to source liquidity from multiple pools (like two or more exchanges) and recombine them into a single atomic payment that’s settled at a destination exchange?
I’m thinking along the lines of something similar to incremental filling of orders on XRP Ledger decentralized exchange that consumes offers from multiple sources. In the RippleNet case, it would mean constructing synthetic order books that have offers from XRP/Fiat pair from multiple exchanges.
I understand that this might not be possible with ILP but perhaps some other solution?
David: Congratulations on asking the most technical question today! I believe it is actually possible to do this with ILP, however I don’t know if anyone will ever go to the trouble of building the infrastructure necessary to do it. The philosophy of most of those working on ILP is that it makes more sense to “stream” payments in multiple directions, see which direction is giving you the best rate, and increase the payments you stream in that direction. This is cheap, fast, efficient, and simple to implement, however, it doesn’t guarantee that you will be able to make the entire payment. The hope is that we can design systems that fix that problem at higher levels and keep the money flow layers as simple as possible — kind of the opposite of lightning’s approach.
There were some weird questions as well, such as the TNW user, Lucas’ question. David replied to even these questions with utmost sincerity. Here’s Lucas’ question and David’s answer:
Lucas: How do you fold your socks?
David: I think I saw the video that you are referring to. I cannot fold my socks that neatly. I just line the two socks up together and fold the top so they don’t fall apart. I cannot stand wearing even slightly mismatched socks, it’s just a thing. I will, however, run the video in slow motion a few times and see if I can up my sock folding game.
Another non-Ripple related question was asked by a TNW user going by the name Jerome. David took this opportunity to praise Ripple for the “amazing selection of snacks” that it has. The conversation went something like:
Jerome: Favourite snacks?
David: As I’ve already mentioned, Ripple has an amazing selection of snacks. I drink a lot of Diet Coke. As many of you know, programmers are machines for turning caffeine into code. (There is a waste product, sarcasm.) As for actual snacks, I do like dried mango and the occasional toasted bagel with cream cheese. I need to live stream one of the snack areas at Ripple so you can see how amazingly well stocked it actually is.
It would be worth watching whether Garlinghouse’s AMA session would be at par with David’s live session or not. David’s session stroke the right balance between humor and technicality owing to the audience participation. Let’s see if Garlinghouse can match that, or even beat that tomorrow!