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Discussion on: A Vision for Federated Sidechains on the XRP Ledger

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hammertoe profile image
Matt Hamilton

It would certainly be possible. Although I'd probably say running your own sidechain might be overkill for just yourself!

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francisbovineswift profile image
FrancisBovineSwift

Just spit balling at the moment. This opens a lot of potential. I thought a little more about it, and really, any organization could create an internal currency and maintain records on their own ledger, using a common external wallet for outside transactions.

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hammertoe profile image
Matt Hamilton

Correct. Which is pretty much what any centralised exchange (Coinbase, Kraken, etc) do. Just in this case "their own ledger" would be an instance of the XRP Ledger code running privately.