Moneyd aims to make it as easy as possible to join the Interledger network. Now, Interledger is even easier to use thanks the the Moneyd GUI.
A previous blog post described how to join the ILP testnet. This post is for those who want to go further, and join the first pioneering users of the Interledger live network.
Any participants in the Interledger network can send money to each other. But it’s also possible to send to someone’s cryptocurrency wallet if they don’t know anything about Interledger!
One of the important concepts in Interledger is “chunked payments.” The idea is that you can split a payment into many Interledger packets, in the same way that a file is split into many Internet packets.
In 2011, I predicted that Bitcoin would do to money what the internet has done to information: move it instantly and seamlessly around the world.
Moneyd is a daemon that lets programs on your computer use the Interledger network. You can think of it as your “home router” for the internet of value. If you’re new to Interledger, this is a good place to start.