> On Wed, Sep 25, 2024 at 1:18 AM 'Mark S. Miller' via friam
> <
fr...@googlegroups.com <mailto:
fr...@googlegroups.com>> wrote:
>
>
>
> On Wed, Sep 25, 2024 at 6:03 AM Chip Morningstar <
ch...@fudco.com
> <mailto:
ch...@fudco.com>> wrote:
>
> The question also touches on my long standing interest in having
> a standardized way to talk *about* a capability without
> referencing the capability itself — basically, how do you
> address the potential infinite regress introduced by rigorously
> following the practice of never separating designation from
> authority?
>
>
> ERTP Amounts
On 9/25/24 8:16 AM, Alan Karp wrote:
> Can you explain how that term addresses Chip's question?
MarkM only named the concept because Chip is very familiar with the
idea, but it's probably new to everyone else here.
At Agoric, we use ERTP payments to capture the notion of currencies.
Each payment is securely provided by an exclusive issuer. Transferring
ownership of the payment gives the recipient exclusive ownership of the
payment.
In order to allow users to cite prices, describe bids, etc, we have a
notion of Amounts. Each Amount includes a Brand (which uniquely
identifies the Issuer) and a value, which says how many or how much of
the currency. Amounts carry no value, but precisely describe a payment,
which would carry the value. I wrote a blog post that tries to capture
the distinction between describing a valuable asset and trasferring that
asset:
https://agoric.com/blog/technology/the-settlers-of-blockchain
Here's the official documentation:
https://docs.agoric.com/guides/ertp/
Chris
--
We are made of the stuff of stars, given our selves by time.
Our duty, as living things, is to be sure that pain is not our
whole story, for we can choose to dance.
---Sherry Tepper, Six Moon Dance
(also see
http://lfs.org/newsletter/025/03/SixMoonDance.shtml)
Chris Hibbert
hib...@mydruthers.com
Blog:
http://www.pancrit.org
http://mydruthers.com