I prefer to enlighten u as opposed to over hype u. Know the difference.
Overledger vs Interledger
TRANSFER:
OVN - both data & value i.e. air miles, art, intellectual property & energy can be tokenized & transferred.
ILP - transfer only value as it acts as a bridge asset
Overledger vs Interledger
TRANSFER:
OVN - both data & value i.e. air miles, art, intellectual property & energy can be tokenized & transferred.
ILP - transfer only value as it acts as a bridge asset
INTEROPERABILITY:
OVN - between permissioned, permissionless blockchains as well as legacy systems; capable of talking to centralized systems like Amazon S3 bucket.
ILP - bridge between crypto & fiat as well as between two different cryptos
OVN - between permissioned, permissionless blockchains as well as legacy systems; capable of talking to centralized systems like Amazon S3 bucket.
ILP - bridge between crypto & fiat as well as between two different cryptos
EASE OF IMPLEMENTATION:
OVN - MApps can run across any DLT & can be used as a plug & play setup. Requires only 3 lines of code to get started
ILP- requires a custom connector to bridge two DLTs
OVN - MApps can run across any DLT & can be used as a plug & play setup. Requires only 3 lines of code to get started
ILP- requires a custom connector to bridge two DLTs
TOKEN:
OVN - uses QNT to pay transaction & network fees
ILP - XRP is an independent virtual currency that powers Ripple’s network
DEVELOPERS INTERACTIONS:
OVN - developers can build multiple MApps in the application layer
ILP - development on top of ILP is not possible
OVN - uses QNT to pay transaction & network fees
ILP - XRP is an independent virtual currency that powers Ripple’s network
DEVELOPERS INTERACTIONS:
OVN - developers can build multiple MApps in the application layer
ILP - development on top of ILP is not possible
PARTNERSHIPS:
OVN - Quant partnered with SIA that covers the interoperability infrastructure of 570 banks
ILP - In 5 years Ripple partnered with 300-400 banks
OVN - Quant partnered with SIA that covers the interoperability infrastructure of 570 banks
ILP - In 5 years Ripple partnered with 300-400 banks