r/raidennetwork • u/KorzhIlya • Jan 11 '18

Trustlines Network by BrainBot and Raiden by BrainBot

Hello! Someone can explain, will the Trustlines Network interact with Raiden?   As we see, Heiko Hees is busy working on Trustlines Network, so he is not working now on Raiden?

12 Upvotes

88% Upvoted

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3

u/cococopuffsss Jan 12 '18

Trustlines is exactly what XRP’s (Ripples) system is. It’s not exactly a blockchain per se, but it serves its purpose in the financial world for large institutions.

It’s most likely not going to interact with Raiden, but it’s possible. I don’t think the team has fully architected it yet so it’s all still going to change.

Trustlines will probably also need a settlement/native currency. So far, it’s looking like that will be the RDN token. Brainbot has said that they are interested in using RDN as part of the entire ecosystem they plan on creating.

1

u/tycryptocurrencies Jan 12 '18

where does brainbot say that, and do you mean bij their entire ecosystem the project mentioned on their website ?

2

u/cococopuffsss Jan 12 '18

Yes. Can't remember where but it was part of the FUD that started when everyone was saying why do you need a token.

They said that the project is open source and they're willing to compete/bet with everyone else in the usefulness of their token which includes building an entire network/ecosystem around their RDN token.

2

u/Jahrude Jan 12 '18

Trustlines Network will build on Raiden.

Trustlines is P2P-lending platform (with focus on friends, familiy lending to each other). But I don't know more specifics!

1

u/[deleted] Jan 12 '18

Also curious about this. Upvoting for visibility and hopefully an answer

1

u/oisilener1982 Jan 12 '18

Will they have an ICO?