Jump to content

All Activity

This stream auto-updates     

  1. Past hour
  2. It would be nice for the market to stay like this for another year until the BTC dumping whale runs out of BTC to dump. By then we should be better off if we accumulated more. I believe we are in a good accumulation buying opportunity now.
  3. 2 signatures with the same nonce and you have the private key in fractions of a second. The only "hard" part is going through all signatures that were made so far (the researchers in that report only tested a subset of all transactions on XRPL), which can be probably done for a few cents using the transaction dataset on Google BigData.
  4. This has already been discussed on another thread here. Hope you have access:
  5. Wandering_Dog

    Who is Sonny's counterparty on Bitso?

    You may receive your funds, but the probability that someone defaults somewhere else in the system can remain non-zero. It depends on the sources of the funds involved in the transaction. In this context, perhaps the slogan "zero counterparty risk" is justified, as the end users' transaction is satisfied. But the risk in the system created by the transaction remains unchanged. For example, if SuperFI did not have the reserves, and sought them out in the interbank money market by repo'ing a mortgage backed security. The entire transaction in the traditional system may be waiting for SuperFI to close it's repo position the next day before all parties consider the transaction settled, hence the risk in the transaction, SuperFI may not get those funds in time, and the transaction could be reversed. However, in the case of our xRapid example, the transaction cannot be reversed (it can, but requires parties on RippleNet to agree before the fact to another transaction on the ledger that corrects the situation). In this case, the risk is put on another balance sheet at a different time.
  6. JA8

    xRapid - The Beginning Game

    Sure, no problem. Many people on this board don't seem to fully grasp xRapid. In fact, I reckon noone here actually fully grasps the way it works. so you're not alone
  7. In any case, the odds are very low and generally requires a substantial amount of work by the attackers that might not be worth the effort unless the wallet has high value: https://cryptoslate.com/researchers-discover-vulnerability-bitcoin-ethereum-ripple-digital-signatures/ And here we have the actual data from the paper published by the researchers I've highlighted the relevant data using the bold version of the font: https://eprint.iacr.org/2019/023.pdf
  8. Zerpple

    When rich ?

    If you own Ripple, you already are. If you own XRP, well, probably depends on your definition of rich. If you're like those kids posting on YouTube, Twitter, and Reddit, probably never.
  9. That would surprise me because once these folk become CEO they don’t like to be anything other than top dog ever again. (Apart from when they sidestep into politics... and even then they want to be top dog of something...)
  10. In any case, I think we all should not be so worried about this because the researches that found this vulnerability, found a number of vulnerable BTC and ETH wallets, but only found one ripple wallet that was vulnerable if I recall correctly - I should post the link in this thread if I come across it again. I don't know the sample size of wallets they tested from various coins or how many BTC and ETH wallets they found to be vulnerable, but if my memory serves they did make it sound significantly worse for BTC and ETH than for XRP.
  11. P3T3RIS

    xRapid - The Beginning Game

    @JA8 @lucky Please let’s not take this any further. Thank you.
  12. P3T3RIS

    Who is Sonny's counterparty on Bitso?

    @Wandering_Dog if you do not believe me, that is just fine. But counterparty is the corporate that arranges all that. That is the exchange. It is their responsibility to pay out your funds.
  13. Thanks Buddy. Looks like it's a Binance ****s up. Will try to find older version. Not sure if it can be set to manual update only, will check, pretty sure it's an auto updater.
  14. Today
  15. Poging nummer 2 nu met mogelijkheid om te stemmen of je op één of beide data (23-02 en/of 30-03) kan via XRPtipbot
  16. lucky

    xRapid - The Beginning Game

    That's not true. XRP ledger is a human creation, a large number of very bright people have invested a substantial amount of their time to create it, and continue to improve it. 1 XRP represents 1/100,000,000,000 of this collective intellectual product. If you consider this nothing, you can consider all products of intellectual effort nothing ("created out of thin air!") and having a value of 0: all literature, all art, all music, all software.
  17. JA8

    xRapid - The Beginning Game

    Value on-ledger can only be expressed subjectively, per xRapid transaction and only on a % basis. It must necessarily be close to zero for xRapid to function without slippage. In other words, because an xRapid transaction has two parts, some % difference may be possible between the price of XRP in part one versus part two of the transaction (the first part being the purchase of XRP with fiat; and the second being the purchase of Fiat with XRP). It is possible that in the first part of this process the price of XRP could be, say, $0.320, and in the second part it could be, for example, $0.325. Not impossible. Although it may be something that is safeguarded against within the script that decides whether to actually process any given xRapid transaction.
  18. I’d see if you can install an older version if possible.
  19. Wandering_Dog

    Who is Sonny's counterparty on Bitso?

    That doesn't make sense. If some customer buys the XRP from Sonny and SuperFI does not, and SuperFI does not acquire XRP in any other way,, then SuperFI doesn't have XRP to further the transaction, and the transaction should halt. That also doesn't make sense. If SuperFI borrows the reserves to pay the exchange for the XRP and then SuperFI later defaults on that debt obligation, the risk was simply moved forward in time and to a different party. You can't eliminate risk of nonpayment in a credit system without the Gov.
  20. P3T3RIS

    xRapid - The Beginning Game

    1. Price is what you pay, value is what you get. Simple as that. 2. XRP in exchange’s orderbooks is off-ledger. 3. Please, what is the value of XRP in XRPL? You wrote it is definitely not zero, so how much it is?
  21. P3T3RIS

    Who is Sonny's counterparty on Bitso?

    1. Random customers in receiving end’s exchange. Could be tens of thousands accounts depending on the size of the ”buy fiat with XRP” 2 xRapid is cross-border payment and settlement without counterparty risk. XRPL is the counterparty that removed risk in xRapid. When xRapid executes, it will settle funds to receiving bank’s account. This removes counterparty risk.
  22. lucky

    xRapid - The Beginning Game

    Sweetheart for the third time, there is no such thing as XRP outside XRP ledger, so whatever you consider to be XRP outside the ledger, is the very same thing as XRP inside. XRP is a digital asset with an owner, just like gold. You can consider the XRP ledger the safe of this asset, but the asset never leaves the safe. And while in the safe, you can sell it on the market, the price of which determines its current value.
  23. Wandering_Dog

    Who is Sonny's counterparty on Bitso?

    I would also imagine SuperFI to be the counterparty. If Bitso buys the XRP to sell to SuperFI, as @hallwaymonitor describes, then I would also agree Bitso is the counterparty. Who is actually purchasing the XRP in the xRapid transaction? Bob's bank, SuperFI, or Bitso, in the case Bitso acts as a dealer rather than a broker. I don't see how Ripple would be the counterparty of anything, unless we're arguing that they are liable for everything going through xRapid? Can't Ripple just put a clause in the xRapid terms "we're not liable".
  24. Latest android O.S. up to date on Samsung galaxy A5 /6. I suppose it must be the Binance update. So annoying though. Tried reinstalling, updating phone, cleaning up the phone memory etc. Just use it a lot, not good not to able to respond to market changes.
  1. Load more activity
×