by In the Trustlines Network every user is acting as a bank by granting credit lines to friends they trust. This allows to issue people powered money between friends and facilitate secure payments between strangers, by sending payments along a chain of trusting friends. Think of IOUs or cheques and netting in the blockchain.
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Dirk Niepelt considers the following as important: *, Blockchain, Cheque, Contributions, Money, Netting, Notes, Social network, Trust
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In the Trustlines Network
every user is acting as a bank by granting credit lines to friends they trust. This allows to issue people powered money between friends and facilitate secure payments between strangers, by sending payments along a chain of trusting friends.
Think of IOUs or cheques and netting in the blockchain.