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[1/12] To understand what else is needed to create a financial future based on #blockchain technology, just consider what the #Interledger #Protocol was NOT designed to do. ๐Ÿ˜‰

[A #Thread ๐Ÿงต] Source: https://www.w3.org/2016/07/01-ILP-Update-2016-07-01.
[2/12] ๐Ÿค” What problem does #ILP genuinely address?

Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].

What must be resolved is:
๐Ÿ”น Addressing
๐Ÿ”น Fragmentation The Interledger
[3/12] โ—๏ธ To make it easy and #ELI5-friendly here is everything in one picture:

When Alice wants to send money to @bob_way, #ILP will perform all the heavy lifting so she doesn't have to worry about #wallet addresses (#PubKeys) and the like. Source: https://www.w3.org/2016/07/01-ILP-Update-2016-07-01.
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