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  1. 61 points

    Is XRP About to Go Mainstream?

    I think XRP is about to hit some mainstream adoption numbers. I talk about what this might look like in terms of volume, as well as the reasons driving this change. It's kind of a continuation from the previous blog entry; I extrapolate some volume numbers from South Korea and then discuss other topics that should be leading to "imminent" mainstream adoption for crypto - and for XRP! Please leave any feedback below and feel free to share on other media. My blog announcements in the other usual locations: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  2. 56 points

    Ripple - South Korea

    Previous Work: https://www.xrpchat.com/topic/7598-ripplegates-foundationindia/?tab=comments#comment-99889 https://www.xrpchat.com/topic/9189-ripple-india/ https://www.xrpchat.com/topic/9760-ripple-singapore-bahrain-the-uae/?tab=comments#comment-97143 ***THIS IS ALL SPECULATION*** The Korean Government Similar to other Asian Pacific countries, South Korea is being proactive on adopting financial technology. As a society, Korea is trending towards being cashless with credit and bank cards becoming the primary means of conducting trade. http://www.koreatimes.co.kr/www/news/biz/2016/03/488_199146.html Koreans themselves have begun to accept the notion of carrying less cash. https://www.electronicproducts.com/Mobile/Devices/South_Korea_plans_to_become_a_cashless_society_by_2020.aspx And the Central Bank of Korea has also set a deadline in which they want to demonetize trade transactions by 2020. http://www.livebitcoinnews.com/south-koreas-cashless-push-will-see-coins-removed-circulation-2020/ Ultimately the removal of coins will cause a disruption on retail prices for goods and services within the country. The Central Bank of South Korea is facilitating these changes by instructing consumers to deposit loose change onto the national T-Money cards. The T-Money card can be used for all forms of transportation including taxi rides, and in several thousand convenience stores in the country, as a payment option. And in an added effort, "loose change" in trade transactions will be able to automatically be deposited into the individual's bank account. https://www.electronicproducts.com/Mobile/Devices/South_Korea_plans_to_become_a_cashless_society_by_2020.aspx http://www.livebitcoinnews.com/south-koreas-cashless-push-will-see-coins-removed-circulation-2020/ http://www.koreatimes.co.kr/www/news/biz/2016/03/488_199146.html To take even further, the South Korea’s Financial Services Commission (KFSC) publicly announced it's objective to have a national digital currency using blockchain technology by 2020. https://bravenewcoin.com/news/south-korea-plans-national-digital-currency-using-a-blockchain/ Within the announcement, a consortium dealing blockchain technology was said to be forming by FI's to jointly research and run pilots projects. https://bravenewcoin.com/news/south-korea-plans-national-digital-currency-using-a-blockchain/ https://www.cryptocoinsnews.com/south-korea-announces-digital-currency-system-expansion-boost-fintech/ http://www.businesskorea.co.kr/english/news/money/16703-blackchain-movement-blockchain-consortium-launched-south-korea While at the same time, the Bank of Korea released a report on FinTech Companies shaping the financial industry stating that, https://www.cryptocoinsnews.com/bank-korea-fintech-companies-will-reshape-financial-industry/ Shortly after, the Korean consortium publicly announced it's formation stating that 21 financial investment companies and five blockchain technology firms had signed a memorandum-of-understanding (MoU) to develop distributed ledger solutions in blockchain solutions. With a given road-map of the consortium's motives, https://www.cryptocoinsnews.com/south-korea-sees-first-blockchain-consortium/ Ultimately the action being taken within South Korea was mirroring the movements being undergone by their neighbors across the sea in Japan. With Ripple partners coming into play...... Initially details on the consortium weren't disclosed but shortly after the announcement of it's formation, a partnership involving the KFSC was reached. The Monetary Authority of Singapore (MAS) agreed on cooperation over exploring joint innovation projects with a focus on big data and mobile payments in FinTech. http://www.mas.gov.sg/News-and-Publications/Media-Releases/2016/Singapore-and-South-Korea-sign-cooperation-agreement-in-FinTech.aspx https://www.cryptocoinsnews.com/singapore-south-korea-come-together-fintech/ On top of a collaboration with MAS, the government of South Korea was in talks with Indonesian government about joining forces in an attempt to boost the FinTech industry to help the burgeoning sector in both countries. https://www.cryptocoinsnews.com/south-korea-indonesia-considering-fintech-collaboration/ For those that are unaware, Ripple has previously met with the Central Bank of Indonesia. Months later, the Korean Central Bank announced plans to execute a R3 consortium proof-of-concept blockchain technology project. https://www.cryptocoinsnews.com/korean-central-bank-deploy-r3s-blockchain-proof-concept/ http://ftreporter.com/korean-central-bank-to-use-r3-blockchain-proof-of-concept/ https://www.econotimes.com/Exclusive-Bank-of-Korea-R3-consortium-to-carry-out-blockchain-project-549053 So to reiterate, the Korean government came into agreement with MAS on cooperating in the FinTech space and shortly after the Korean Central Bank decided to proceed with a PoC consortium by R3 similar to Project Ubin in Singapore...... Along with the previous development, Hana Financial Group became the first Korean financial institution to take part in the R3 CEV project. http://pulsenews.co.kr/view.php?sc=30800020&year=2016&no=281535 Remember that MAS wants to expand it's network to other central bank for cross-border transactions using a Ripple blockchain prototype......... SBI Ripple Asia Just this past September, SBI Ripple Asia announced that it would be testing a blockchain based funds transfer system by the end of this year between Japanese and South Korean banks. SBI Ripple and it's new public partner, DAYLI Intelligence, will work together to http://blocktribune.com/sbi-ripple-asia-trial-cross-border-blockchain-funds-transfers/ https://www.coindesk.com/sbi-ripple-asia-to-test-bank-transfers-between-japan-and-south-korea/ And besides cooperating in this venture with SBI Ripple Asia, DAYLI Intelligence is involved in another interesting project. http://pulsenews.co.kr/view.php?year=2017&no=551655 All three parties are in cooperation developing the "WeBee" coin with the intention of the digital coin operating on a blockchain. (what will be used for trade remittances?......) http://pulsenews.co.kr/view.php?year=2017&no=551655 https://financefeeds.com/south-korean-woori-bank-develop-digital-coins/ Finally, SBI Ripple Asia is involved with another Korean company called Coinplug. https://www.coindesk.com/sbi-reveals-joint-blockchain-remittance-venture-south-korean-startup/ With the venture expected to launch its remittance service later this year...... And just like DAYLI Intelligence, Coinplug has involved itself in another interesting project. Coinplug with KB Kookmin are going to provide cross-border foreign exchange services that utilize blockchain technology. http://themerkle.com/south-koreas-bank-developing-blockchain-exchange/ https://www.coindesk.com/korean-bank-developing-blockchain-solution-foreign-exchange/ And KB Kookim are also releasing a blockchain based mobile payment service for KB Kookim Card..... http://pulsenews.co.kr/view.php?no=741187&year=2016 Kakao Unlike most attempts to tie links with Ripple by addressing potential connections to Alibaba (which I think is a thing), my focus is solely on KakaoPay/KakaoTalk. KakaoTalk is a mobile messenger while KakaoPay is a mobile payment system built on top of KakaoTalk. The development of KakaoPay was thru Kakao and LG CNS https://www.lgcns.com/Views/Solution/KakaoPay_En Kakao had also partnered with the KFTC in the past for integrating a mobile payment platform to the Korean financial system. https://techcrunch.com/2014/11/12/korean-internet-giant-daum-kakao-launches-its-own-mobile-payment-platform/ Remember that. LG CNS themselves have been adopting blockchain technology to improve their services, most notably with R3. https://www.coindesk.com/electronics-giant-lg-testing-r3s-distributed-ledger-software/ https://www.cryptocoinsnews.com/lg-launches-corda-based-blockchain-platform-south-korea/ And there is another connection. http://www.techforkorea.com/2017/03/14/kakaopay-launches-new-service-transfer-to-bank/ What will be used to settle remittances between a Hana Money and KakaoMoney exchange?......... The same Hana Financial that had entered R3's CEV project mentioned earlier. And with the the government of Korea driving blockchain adoption on the Korean banks, there has been some interesting developments. With, http://mengnews.joins.com/view.aspx?aId=3037416 http://www.theasianbanker.com/press-releases/korean-banks-turn-to-blockchain-to-streamline-service The winner was supposedly chosen last month, with the system built being ready for use by banks in April..... (all while SBI Ripple Asia/R3 in Korea are becoming increasingly active) To come into to full circle, LG CNS has ~32% ownership with Seoul Metropolitan City Government (~35%) on Korea Smart Card Co. What is special about Korea Smart Card Co.? The T-Money system was implemented and is operated by Korea Smart Card..... https://en.wikipedia.org/wiki/T-money The same T-Money mentioned earlier in the post that will be used to transmit loose change from trade transactions to the individual's bank account. In a financial environment that will be riddled with many different types of digital currencies, what method will be used to settle remittances?..... I mention Seoul Metroplitan City Government because of one partner ship it is in. https://www.crowdfundinsider.com/2017/09/121430-singapore-korea-fintech-collaboration-marvelstone-group-seoul-metropolitan-sign-mou/ A group that has the support of none other than MAS.... http://www.mas.gov.sg/News-and-Publications/Speeches-and-Monetary-Policy-Statements/Speeches/2016/Speech-at-the-Launch-of-Lattice80.aspx So why do I persist on these R3 connections? It's simple. SBI Group became the largest shareholder of R3 over the summer while we know SBI's intentions with XRP. In an interview with Kitao, he stated that https://ripple.com/insights/sbi-holdings-views-on-blockchain-and-xrp-an-interview-with-yoshitaka-kitao/ So how does the R3 and Ripple relationship work? Last month Data Dimension had a presentation a slide that is rather revealing on the partnership. https://www.brighttalk.com/webcast/15381/262389?utm_campaign=knowledge-feed&utm_source=brighttalk-portal&utm_medium=web Both work in unison with Corda being applied for smart contracts while Ripple is meant for the payments segment which might explain why R3 wanted that XRP so bad............
  3. 51 points
    Starting today, Ripple will offer a unique reward for financial institutions that are the first in their markets to process and promote commercial payments on RippleNet. The reward will come in the form of rebates through the new RippleNet Accelerator Program. https://ripple.com/insights/ripple-rolls-300m-ripplenet-accelerator-program-grow-volume-xrp-utility/
  4. 49 points
  5. 49 points
    This post is similar to two prior posts from earlier today (by @XRPmethis and @kanaas). I hope it is allowed to remain as the IMO, the other two posts did not provide enough context. Today, (9/20/17), there was a one hour webinar on Brighttalk titled "How blockchain is revolutionising financial services". The webinar (which is free and can be accessed https://www.brighttalk.com/webcast/15381/262389 ) was hosted by Dimension Data and Everis UK. Both Dimension Data and Everis are owned by NTT Data. Below are some basic facts about all three companies. NTT Data $14.6 billion in annual revenue 120,000 employees HQ in Tokyo Dimension Data $7.5 billion in annual revenue 30,000 employees HQ in Johannesburg Everis $1 billion in annual revenue 19,000 employees Offices in 16 countries The LinkedIn profiles of all three presenters can be accessed below. https://www.linkedin.com/in/josepalvarezperez/?ppe=1 https://www.linkedin.com/in/steve-van-den-heever-4042281/ https://www.linkedin.com/in/arruebarrena/ The webinar was very informative. The presenters made an important point that Brad Garlinghouse, CEO of Ripple, also likes to make. For the financial services sector, there are very few production ready blockchains (this is where the title of my post comes from). Also, based on the presentation, I concluded the other production ready blockchains for the financial services sector compliment, rather than compete with, Ripple. Below is the current state of the RTGS systems. Below is what NTT Data and their subsidiaries think the landscape will look like. XRP is key to "settle cross-currency transactions in real-time". Notice they do not expect critical mass adoption until 2020-2025. With the ILP, they also expect additional use cases of Ripple and XRP to develop. The below slide shows how banks settlement systems can be linked with ILP. Also, the list of those who attended can be accessed (if the attendee chose to make their profile public). Below are some of the companies who had representatives attend the webinar. ADP American Express BNY Mellon Dell EY Fidelity GE Hewlett Packard Enterprise Honeywell IBM Intel Microsoft Northern Trust PwC RBC Royal Bank Red Hat Shell International Standard Bank SunTrust Bank TD Bank There are no guarantees with any of this, but as JoelKatz has said, making a bet on Ripple and XRP is a smart bet. I do not understand why people criticize Ripple for XRP not being used as much everyone would like. Or why they were irate when they found out Ripple was charging for their software. Which would be better to have? A free blockchain technology that has been adopted by 0 banks but requires the use of their native currency/token. Or a blockchain technology that has been adopted by 100 banks and counting (according to the presentation) in which they must pay for, and whose native currency/token has the potential to revolutionize an entire industry. I fully realize money is the primary reason for all of us, but IMO an overwhelming majority of other blockchains will never have any real world traction. As a result, in the long run, their currencies/tokens will go to 0 whereas XRP will (hopefully) only go up.
  6. 46 points
    I won't let the suspense build too much, mostly because I am too excited to sit on this for any length of time. I have continued working on the 2theMoon project, planning further steps on how to fulfill the community's goals (as voted by you) of 1) XRP and ripple network promotion, 2) XRPChat promotion, 3) and education. I have also taken note of the continued interest in physical cold wallets and shiny stuff in general by some members of the forum. I also have a passing curiosity in numista- you can guess where this is going… For the past few months I have been in contact with private mints, security labeling providers, and a few other members of the forum and I am happy to announce the creation of the first official* limited edition medallion coin(s). XRP Coin Features These coins will be tied to the 2theMoon project. Each coin is 18mm diameter, the perfect size to fit snugly into the MoonBox. I will personally purchase one of these coins to be used as the cold wallet for the 2theMoon project, meaning the coin you hold in your hand will be identical to the one on the moon. More on this later. The coin features a detailed design of the Ripple Triskelion overlaying a network diagram. The words XRPChat and 2theMoon are centered on the bottom. Together the three main elements draw attention to XRP, the community of XRPChat and the 2theMoon project. Customize Your XRP Coin! You have three choices of the coin - gold, silver and bronze. For each choice there are two possibilities: 1. The reverse of each coin is blank 2. The reverse of each coin contains a secure tamper proof scratch off feature that when removed reveals a secret key with a preloaded amount of XRP Background & Thank You I would also like to take the time to apologize and thank the forum members I have approached with this idea. I know the planning went on far, far longer than expected - getting all the various moving pieces on board and ironing out all the kinks took far longer than predicted - from finding various manufacturers willing/able to work with such small sizes, to testing the adhesive of stickers and more… Thank you. *Ripple has given official permission to use the Triskelion mark, but has not endorsed the coin. This project will be conducted under a Canadian Federal corporation that holds a MSB license. This project has been ran past tax, custom authorities and other regulatory bodies.
  7. 45 points

    XRP Lock Up Confirmation

    Thanks. I mean, I don't really need any sleep. Sleep is for the weak.
  8. 43 points

    HODL your XRP

    This generation has an allegiance to the moment and I have noticed that this applies particularly to Crypto speculators who masquerade as investors. I have been investing in shares for about 20 years and in some cases I have held onto stocks for a decade but I waited and waited and waited.... sometimes my investments turned to ashes but the majority of the time patience paid off. People forget that investing does not simply mean placing money into something... that is only a small part of the big picture. The bigger picture involves, waiting and a lot of it, it includes planning, patience, timing, counting the costs, hard work and a lot of balls. XRP is a real product to solve real problems and real problems need real solutions and real effective solutions need time: these problems are being addressed by Ripple are potentially worth at least $155 Trillion. With a market that spans across the globe and touches on different regulations, this is no small task that requires time and planning. I think the subdued nature of SWELL showed that Ripple is not a flyby team of scoundrels who make unrealistic claims in order to prop up XRP price. Of course this would make some very happy and leave the majority holding the bag. I'm in for the long run and I am hoping that there are more XRP Hodlers out there who can see the long term potential of XRP. For those of you who are hodlers you would have clued into some of the great news that came out of the conference. But for those who need to satisfy immediate needs there could be no news big enough to satisfy. What I got out of the conference was summed up by Brad Garlinghouse in the Q & A. 1. XRP is not an after thought, it is fundamental to Ripple long term goals 2. CEO is more interested in building long term value of XRP then short term gains, range of 3-5 years. 3. CEO has high expectations that XRP Rapid will be used and with increasing degree 4. Company can(has the funding) and will invest into XRP and ecosystem 5. Ripple from inception has wanted to increase global commerce and connect different ledgers eg alipay 6. Ripple is actively working on more exchanges to sell XRP to increase liquidity 7. XRP will be more liquid and price will increase will greater adoption and they are concentrating on driving demand for XRP 8. Escrow is 100% on track to be implemented by end of year. 9. Ripple is open to working with industry and competitors. This is antithetical to Bitcoin and other crypto philosophy 10. Ripple will drive the utility of XRP, leading to greater demand naturally causing XRP price to increase Refer to the following link; Note; one of the great news is with Bill Gates foundation, people did not understand the implications- Gates foundation is trying to bring money to poorer nations- nearly 3/4 of the world is in the sphere-this is worth trillions! on top of that Gates is head of Microsoft, you can make assumptions from here. If this Ripple was on the stock market I am certain that the price would be much more than 25c. The company has great management, good technology, great vision, large market size($155T), no debt, $15Billion, minimal competition, support of government and influential people, they work within laws and less chance of being outlawed like Bitcoin, it has partnered with over 100 major companies. In investment world this company ticks all the boxes and worth Hodling onto for the long term! In short I am HODLING and will buy more if ever the price drops further. If price goes up- great! if it goes down great for me. Either way I'm not worried because like Buffet said "The stock market is a device for transferring money from the impatient to the patient." Im going to be patient and be the recipient of the impatient mans money.
  9. 42 points
    I usually don't start new topics, but thought I might share my first experience buying XRP and then transferring it to my newly created wallet. I wonder if there are other people like me that have a moment where they thought - boy, this feels incredible, the world needs more of it. So ... it was 3-4 months ago when I decided to first deposit some of my salary to buy XRP. I chose Kraken as they were accepting EUR - I had to do a cross-border money transfer. I don't usually do these kinds of transfers as I'm a simple working person, no business, no family in a different country so I wasn't entirely familiar with the whole process. I did a bit of a research prior to that so I found that within the EU there is a SEPA transfer that should in theory be faster and not that expensive. So I went to my bank, they, of course, told me that they haven't heard of SEPA (wtf?) and I need to fill in a giant piece of paper with all sorts of bank account details - I started filling this, but it was my lunch break so I was in a hurry. After 2-3 minutes of filling all sorts of details I said to myself - man, this is retarded so I asked the lady what should I do to at least do this online. Then she told me that I need to activate this and that - at the end of the day I managed to send the money. They were received after 2-3 days. I bought XRP immediately. I wasn't really sure what I was buying and whether or not should I keep it on an exchange. A month later I was much more familiar with everything around Ripple and XRP (thanks to this forum!) and I received my Ledger Nano S. I won't forget my first withdrawal - on the Kraken exchange there are some status indicators that are changing when you request a withdrawal. It went something like this - 'Initiating', 'Pending' ... 'Success'. Within seconds. I hit refresh on my wallet. Boom. Everything's there - the transaction even had a link associated with it that led to Ripple's site with all the transaction's details. Then I made a much bigger withdrawal - the transaction cost remained the same. Literally more than a hundred times less than what I paid for my deposit to the exchange. And more than a thousand times faster. At that point I really felt the power of Ripple and XRP. I felt like 15-20 years ago.. when I made the transition from the time when I was downloading an mp3 for 8 hours to a lightning fast internet connection. I started thinking - how on earth were we living without this? This is so much more convenient. I mean, I know.. I was reading about it, but never really felt it until I started doing XRP transfers back and forth.. at a cost of a less than a penny. A fcking penny. Now I want more. I want to pay for everything this way - it's fast, cheap, transparent, secure. I know that this might not be happening in the coming 4-5 years, but man, exciting times ahead. Even if it's not Ripple and XRP, we are seeing the start of a revolution in the finance sector. I'm just glad that Ripple are heavily committed into making the IoV reality.
  10. 41 points

    XRP Lock Up Confirmation

    Someone could kidnap my wife and try to compel me to sabotage the lock up in some way. But without knowing the exact time, they'd have to kidnap my wife for months. Best of luck with that.
  11. 40 points
    In this blog entry, I take a deep dive into why and how XRP is so much faster than its competitors & describe the Ripple Protocol! I did a little digging into how consensus is SO much faster than any of the competitors and blogged a bit about it in this entry. Hope you enjoy; please leave any feedback below & as always, please feel free to share on any other media! My blog announcements in other places: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  12. 37 points

    My impression on Swell

    I am not sure how many of you are at the Swell event but it will be great to catch up at the party tonight (which I should be heading out in an hrs time). I am in a rush to attend a meeting, so kindly ignore the grammatical errors. On my first day at Swell, I got the impression that it was a last minute thing as the conference area was really small, taking into consideration of the big guns who were speaking at the event. This kinda made me (and many others who I networked with) to think that there is going to be a huge announcement coming up shortly. Keynote speakers Bernanke and TIm Berners-Lee were giving a flashback of their time during the financial crisis and why the Internet was created BUT did not somehow vet Ripple making a fundamental change or creating a revolution in the financial/blockchain space (at least to me). Apparently they had some kinda get together on Sunday night which was focused on the Gates foundation announcement but many within the audience were curious to know if that was the "cat out of the bag announcement" that Brad was talking about during his Quora interview. If I was disconnected from the Internet during the Swell event, I would have had no clue about the Gates foundation announcement till Stefan mentioned about it in the last session today. Many asked me if I saw or spoke with Joel Katz and at least in my eyes he was not visible over the past 2 days. Probably he might make an appearance at the party later tonight! On top of that, the customer celebration party is kinda misleading (at least to me) as it made me think that they are going to announce a new customer (probably I will find out over the next few hours...you never know). If it was supposed to be their existing customers celebration party...they clearly forgot to put the "s" after the Customer in the Eventbrite pass. All in all, this was a great day for Ripple but not necessarily for XRP investors. The banks I spoke with were clearly not looking at XRP at this point of time (but u never know if they were under a NDA) but were more interested in solving some of their burning issues that Ripple's product suite currently addresses and they had a very high opinion on. This is a journey for Ripple and it kinda reminds me of QUALCOMM during their CDMA vs. GSM days albeit Ripple has a more open approach. I think the banking industry needs to realize that they need to act swiftly as they will have to compete with next generation banks who just offer financial services via a mobile app and the fact that social media companies are planning to diversify into financial services, we have seen this with OTT players and now in retail thanks to players such as Amazon. I keep thinking at times , if you have a global community of users wanting to just use cryptos to buy/sell stuff, then the banking industry (probably the fear behind regulators in figuring out how to tax people in such a system) could be impacted and during Vitalik's talk (the guy is pretty unique I must say), he kinda trash talked the banks although he did mention at the same time he viewed RIpple, Hyperledger and Chain to be his friends rather than enemies (which is pretty interesting). It will be interesting to see what happens to XRP once the escrow happens this year and who will actually use (banks vs. retail) and how/why (use cases?). It will also be interesting to see if Ethereum will form an alliance with Ripple to realize synergies of smart contracts on Ripplenet (akin to Ripple's erstwhile Codius project). Even interesting is how Hyperledger is going to maintain a fine balance with Project Quilt by working with Ripple/NTT Data, and IBM's recent announcement on Stellar Lumens. So here's the thing. As of now, there's no major earthshaking announcement by Ripple that might make people (especially XRP investors) go Wowwww. Despite that, they were able to pull in some really well respected speakers from both the traditional banking space and blockchain world (including some competitors I would say) to speak at the event and spend good quality time (like they made Bernanke literally speak and answer questions for more than a hour). I think Ripple's on the right front by talking to banks and regulators(which is quite a challenge on a global scale), and changing the mindset of such organizations takes time and loads of patience. All in all, I learnt a lot about Blockchain and RippleNet at the event and to all the XRP investors out there---HODL --- Ripple has a great vision for the future and executing their strategy to reach that vision takes time/networking/negotiating --Like the saying goes...Rome was not built in a day! Off to the party now and on that note...All the way to the Moon folks:)
  13. 37 points
    @nikb just tweeted this news this morning: Awesome audit results timing going into October & SWELL!
  14. 35 points
    Crypto Investors would do well to look at Ripple leadership and the results of a 360-participant study by CGI when making decisions about which coin to add to their portfolio. In my latest blog, I describe the Quora session(s) with Brad Garlinghouse and Joel Katz, and break down the CGI survey results. Hope you enjoy the read! Please leave any feedback below, and as always, thank you for sharing on any other media! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  15. 33 points
    Instead of building another walled garden, Ripple has chosen to connect the world's payment systems together. They will succeed with XRP and ILP working together! In this blog entry, I discuss what some have come to realize intuitively; that Ripple has a visionary strategy compared to other competitors (like R3, e.g.) Instead of building an island where everybody has to jump on, they enable banks to continue using their own preferred ledgers and integrating with ILP. If banks then wish to save even more money, Ripple is now nearing the point when those banks can flip a switch and start adding XRP liquidity. I discuss those points in the blog; Hope you enjoy the read & as always, please feel free to share on any other media (and thank you in advance for doing so!) My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  16. 32 points
    This blog entry is my pre-SWELL round-up of significant crypto news items affecting XRP and Ripple. I discuss a variety of Ripple and XRP-related items, and also cover the Bitcoin fork(s) news. As always, please leave any feedback re: my blog below, and thank you sincerely for sharing my blog with others. Hope you enjoy & good luck to the Ripple team preparing for the big day tomorrow! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  17. 32 points
  18. 32 points
    Coin Production Schedule To start with this will be a small pre-order launch. There will only ever be a maximum of 2019 coins struck. This amount corresponds with the year that the MoonBox is to land on the moon. However, rather than have 2019 coins produced all at once, I am rolling the coin production out in batches. This allows me to tailor orders based on demand, avoid storing high value products, and maintain security and customer service. The first batch up for preorder is: Five Bullion Grade Gold Forty Bullion Grade Silver One-Hundred Bronze XRP Gold Coin The first is a pure .999 satin gold coin. Measuring at 18mm and weighing 4.67 grams (est. 0.15 troy ounces) this coin is considered bullion grade gold. This means among other things that the coin itself is tax free and might be considered for investment purposes**. The coins can come preloaded with 1000 XRP. No matter the direction of the market this is a solid investment. True goldbugs, XRP enthusiasts, and limited edition collectors of fine things can appreciate this coin's true value. Each coin is worth $355 blank (tax free), or $547 USD preloaded with XRP (XRP is taxed and included in the price). XRP Silver Coin The second coin is pure .999 satin silver. Also measuring 18mm this coin is 1/10 troy ounce and is also considered bullion grade. This is a great choice for those wanting a little slice of history for themselves at a bargain price. The queen of metals, silver has proven popular with many starting out in investment metals- retaining its value for generations. The past merges with the future as this coin can come preloaded with 100 XRP. Each coin is worth $15 blank (tax free), or $35 USD preloaded with XRP (XRP is taxed and included in the price). XRP Bronze Coin The third coin is bronze and can be preloaded with 50 XRP. Ideal as a ‘starter wallet’ these coins can be handed out to friends, family and acquaintances as a conversation starter and introduction to Ripple. A tangible physical item sometimes can make explaining and understanding easier, and I dare say it can make a SWELL impression when handed out to business *cough* banks *cough* alongside business cards at say a conference... This is the only coin that is not considered bullion quality and all applicable taxes are included. Each coin is worth $8 blank or $27 USD preloaded with XRP. **Please check with your local tax authority. Bullion products are tax free in Canada and no tax will be applied at point of sale. DISCLAIMER: The above coin images are concept art submitted to the mint. Final product may vary in colour, sheen and design.
  19. 31 points

    Patience pays off

    OK i followed here for a long time and i post a little but i thought i would share what happened for me while people are so negative. I use to work in the oilfield had a good job made good money but i spent every cent i made and was always broke. Come 2014 when the oil price crashed i started to get worried i would lose my job so i looked for something i could do to try and make some money in case that happened and i took a few grand i had and i put it in xrp after reading this forum and a lot of articles on it. I bought XRP at the time for 0.8 cents and about a week after i bought it it was worth 0.4 cents my friends laughed told me i was a idiot. Right after that happened i lost my job and had basically nothing but i took a minimum wage job enough to pay the bills and i held my xrp because everything i had studied and read told me that when it was going to go it would be big what they were doing was whole next level to the other coins. For 2 years Ripple did nothing we got good news after good news and it sat still almost always lower than what i bought at sometimes when it hit 1 cent i was tempted to sell telling myself a small profit is better than nothing. Through this whole time every night after work i studied trading watched the markets crypto and stock and read everything i could. Then this year happened overnight i made a lot of money more than i had ever had before and i held. When the drop started i held for a bit but at around 35 cents i started to sell because i really needed the money and i didnt want to lose it all i never sold all out though. With the money i made i bought different stocks i liked and branched into other cryptos but my largest holding by far is still xrp because no matter how much manipulation goes on the potential i still see for growth here is astronomical. Now all i see is complaints from guys who bought on the mad rush that happened have held for a few monthes and think ripple owes them something news flash they dont but you dont owe them anything either this is trading you lose its on you you win its on you you have no one to blame but yourself. Thanks to ripple i just do this for a living now and to be honest i do quite well i make more money than the rigs ever paid me and the mad rush for swell i made a fair amount on that to. But heres the difference i have spent years watching the markets and learning what i could i still make mistakes but they are fewer than my wins. If you want some advice on trading listen to no one learn it yourself if you want to day trade or short term trade because everyone else just will tell you what benefits there position. If you believe in ripple and dont want to spend 8 hours or more daily reading articles and watching charts to try and trade the volatility then stop looking at it leave it and there is a good chance you will come out very well in the long run holding .
  20. 31 points

    R3 v. Ripple Lawsuit Dismissed

    Brad Garlinghouse just tweeted that the R3 lawsuit against Ripple has been dismissed. Congratulations, Ripple!
  21. 31 points

    If ...during SWELL

    just my $2
  22. 30 points
    Please correct me if I'm wrong @JoelKatz, @Hodor, @Xrphunter,@cmbartley I see so many people just fixated on the price of XRP during the SWELL conference. However, the focus of SWELL is not actually on XRP but on ILP!!! Ripple's strategy is to promote the usage of ILP as much as possible - Look at the announcements like: - Ripple kicking off SWELL with announcement of Bill Gates Foundation / Mojaloop being integrated with ILP - Conference day 2 discussion among Ethereum, Hyperledger, Ripple etc. predominantly on interoperability (i.e. ILP) - Inviting Sir Tim Berners-Lee to speak. He who created HTTP (the Internet) emphasizing the need for something like the ILP (the Internet of Value). He mentioned ""Yes, it's going to be exciting when two banks can connect through [Ripple's] Interledger Protocol and then you will actually be able for the first time to send money back to your family in Cuba or in Haiti without having to go through some horrible guy on the corner who rips you off. So you look forward to that," said Berners-Lee." (source: https://www.americanbanker.com/news/sir-tim-berners-lee-warns-fintech-developers-to-consider-consequences) - Hyperledger announcing that their Quilt will be fully implementing the ILP for their blockchain efforts. - Stefan Thomas on many occasions emphasizing ILP much rather than XRP. When Brad said "Ha. You think I’m gonna let the cat out of the bag today?" when asked about significant announcements during SWELL, I think he was probably referring to more partnerships to integrate the ILP and not announcements that would just impact the price of XRP. This is what Ripple may be thinking: 1. Promote ILP as much as possible so that the entire world pretty much uses it. SWELL being used to try find new partners who will join in on the ILP interoperability. So kicking things off by "Bill Gates joined us on ILP!!! So you have a think about it too why it may be useful for you!! 2. Make damn sure that XRP stays the best bridging currency within the ILP. Ripple created the ILP so they will always be focused on making sure that XRP tech is on top of the game in the open-sourced ILP. People who just see XRP price drop during SWELL is not seeing the bigger picture here.
  23. 30 points
    Questions and Answers from David Schwartz @JoelKatz about Ripple. 1. How does ripple/xrp contribute to the economic inclusion of the unbanked people around the world? https://www.quora.com/How-does-Ripple-Xrp-contribute-to-the-economic-inclusion-of-the-unbanked-people-around-the-world 2. If a bank uses its own token on the Ripple network vs XRP, will XRP play any type of role in this type of transaction? Will these transactions be exchanged into XRP at some point, or will XRP have nothing to do with it? https://www.quora.com/If-a-bank-uses-its-own-token-on-the-Ripple-network-vs-XRP-will-XRP-play-any-type-of-role-in-this-type-of-transaction-Will-these-transactions-be-exchanged-into-XRP-at-some-point-or-will-XRP-have-nothing-to-do-with-it 3. When will we know about the Ripple escrow lockup? https://www.quora.com/When-will-we-know-about-the-Ripple-escrow-lockup 4. Is Ripple actually available to individuals? https://www.quora.com/Is-Ripple-actually-available-to-individuals 5. How close are Ripple’s competitors, and how hard would it be for a FinTech startup to do the same thing ILP and XRP does? https://www.quora.com/How-close-are-Ripple’s-competitors-and-how-hard-would-it-be-for-a-FinTech-startup-to-do-the-same-thing-ILP-and-XRP-does 6. In your opinion, how many banks plan to utilize XRP once they sign on with your ledger? https://www.quora.com/In-your-opinion-how-many-banks-plan-to-utilize-XRP-once-they-sign-on-with-your-ledger 7. What is the convergence speed of Ripple's consensus protocol? https://www.quora.com/What-is-the-convergence-speed-of-Ripples-consensus-protocol 8. Why is it possible to lock the ripple XRP market? https://www.quora.com/Why-is-it-possible-to-lock-the-ripple-XRP-market 9. How is Ripple able to transact so much faster than Bitcoin and is there a possibility that it will slow down over time as the volume grows? https://www.quora.com/How-is-Ripple-able-to-transact-so-much-faster-than-Bitcoin-and-is-there-a-possibility-that-it-will-slow-down-over-time-as-the-volume-grows 10. After escrow is complete, won't pumping in 1 billion each month into supply make the XRP price drop? https://www.quora.com/After-escrow-is-complete-wont-pumping-in-1-billion-each-month-into-supply-make-the-XRP-price-drop 11. How would it be if Swift makes their own blockchain and runs exactly like Ripple? https://www.quora.com/How-would-it-be-if-Swift-makes-their-own-blockchain-and-runs-exactly-like-Ripple 12. What do Ripple enthusiasts and Ripple Labs employees think of Stellar? https://www.quora.com/What-do-Ripple-enthusiasts-and-Ripple-Labs-employees-think-of-Stellar 13. Ripple is Open Source. Why should banks use XRP instead of building their own private Ripple network? https://www.quora.com/Ripple-is-Open-Source-Why-should-banks-use-XRP-instead-of-building-their-own-private-Ripple-network
  24. 29 points
    Hey guys. I'm working on a new hardware wallet (along with an extremely sexy cryptographer who you may or may not know) and I'm soliciting input. I searched online to see what people like/dislike about the Trezor, Ledger Nano S , and KeepKey. These are some of the comments I found: Trezor pros: Reputation, can also act as a password manager, has an advanced recovery feature, open source firmware, open to community development, supports passphrases Trezor cons: Needs better protected hardware, poorly implemented STMicrochips, multiple wallets required for different currencies and the selection is limited Nano pros: Better casing (more durable), downloadable wallet and not just a website to go to, app is similar to Trezor, but has a "sleeker" and more intuitive design, cheaper price, large selection of wallets for other currencies Nano cons: Lack of support for passphrases, firmware not open source, use of secure element chip that is only available under NDA is controversial, the cable that comes with the Nano often doesn't work KeepKey pros: (KeepKey is actually a port of the TREZOR’s code and firmware.) Large digital screen, metal body. ShapeShift recently acquired KeepKey and plans to allow users to trade assets over the ShapeShift API, which can be reached from KeepKey’s interface. KeepKey cons: Hasn’t earned enough “reputation points” yet. Communicates exclusively with Google Chrome. Complaints about poor customer service. I'd love to know if you have anything to add or any other suggestions in general. Thanks!
  25. 29 points
    https://www.coindesk.com/100-counting-ripple-adds-new-members-distributed-ledger-network/?utm_content=bufferf2a4b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer XRP adopted!
  26. 28 points

    Take XRP to the Streets!

    Have you heard the story about "Bitcoin Sign Guy?" If not you should read my latest blog! It's about how XRP investors can help promote XRP with swag... and even gold bronze, silver and gold coins?! I talk a bit about guerrilla advertising and then discuss the latest coin promotion that @Mercury is helping to organize. The official press release is contained near the end of the blog. Hope you enjoy the read - please leave any feedback on this thread & as always, please feel welcome to share or link to my blog on any other media (and thanks for doing so!) My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  27. 27 points


    THE DAY HAS FINALLY COME In addition to announcing new bank partners, Ripple has confirmed the first institutional use of XRP to provide liquidity between the U.S. and Mexico. https://ripple.com/insights/ripplenet-grows-to-over-100-financial-institutions/
  28. 26 points
    Some here were waiting for announcements... Ripple has not disappointed - a partnership with "the foundation" is massive news.
  29. 26 points
    That's great. Ripple is doing all of those things because they are necessary pre-conditions for Ripple's XRP strategy to work. The more fast and efficient payments are, the more demand there is for rapid settlement. The innovation behind XRP is XRP. Another token would just be another private banking token -- exactly what banks use today, and settlement takes days.
  30. 24 points


    I certainly don't have the answers to your questions, but I do have a couple thoughts about the dueling SIBOS vs SWELL conferences ... First and foremost, the move by Ripple to put their conference in direct competition with SIBOS, at the same time, in the same city, just a few blocks away is a an absolute masterstroke IF: Ripple has a pair of aces up their sleeve. What are those aces? Ace number one, and is an almost certainty, is the announcement of the long awaited, and long planned, 55B escrow lock up of XRP for liquidity. We all know this is coming, but announcing the details of it and the exact implementation and plan for monthly sales will be foundational for what I believe is the second ace ... Ace number 2 is the announcement of FIs that are moving from pilot phase to production phase. The moment real FIs begin live production on the RippleNet with XRP used for settlement is the moment that XRP moves from the the realm that all current cryptoassets reside in - which is the realm of POTENTIAL - to the realm that XRP - AND ONLY XRP - resides in - which is the realm of ACTUAL UTILITY AND REALIZATION. If Ripple is actually holding these two aces - and I fervently believe they do - then the world changes instantly. How you may ask? For starters ... No longer can anyone in the financial world simply pan the crypto market as idealistic and merely a nebulous corner of the web driven by rampant speculation and controlled by those with nefarious intent. No longer can FIs sit back and watch from afar as their competitors in foreign markets decide to partner with and rapidly implement ILP/DLP solutions that will decimate any legacy cross-border payment solution (*cough* SWIFT) in speed, ease of use, and most importantly cost savings. FIs have been trying to explore creation of their own Blockchain tech to meet the needs of their current legacy environments, missing the boat so to speak because their perspectives are shaped by the current environment, and not that of what is the undeniable future environment of ILP/DLP with crypto-asset settlement (XRP). With FIs being announced by Ripple at SWELL (IF they are) - FIs that have been fence-sitters will have very important decisions to make - and they must make those decisions VERY RAPIDLY. Imagine a large FI who has been sitting on the fence - being presented with the choice of continuing to develop some sort of solution internally (and most likely having to decide to ramp up that effort to the max) or instead - choosing an established platform already in production and demonstrably able to handle the workload efficiently, securely, and vast cost savings. Compound that decision with the fear that your competitors may have already partnered with an established player, and is about to cut their costs substantially while increasing their competitive advantage exponentially ... What's an FI to do when faced with this? Spend unknown costs on inhouse development for a possibly solution that may take months to complete, may never take hold as a industry solution, may never be accepted by partner banks as a valid solution, may never even complete the stated goal? Nah - they will cut their losses and look to sign deals immediately with the players they see providing the solution that will at the very least match what their competitors are using - and if they are lucky - choosing a solution from a player that is going to have the superior solution. And who is that player? Ripple - and only Ripple. So I've ranted here - and of course these are only my opinions - and I could be very, very wrong ... Yet - the story of the dueling SIBOS and SWELL conferences can be summed up simply by this: SIBOS is the conference where SWIFT will tell its attendees what the future of its monopolistic solution to cross-border payments will look like at some point in the future, while SWELL will show attendees its PRESENT DAY SOLUTION to cross-border payments, actually working in production, ready for transaction load, and ready for FIs to jump on board. SWELL isn't about the future of cross-border payments .... It's about the cross-border payment solution of TODAY. /rant and speculation *off* Have a great day everyone.
  31. 24 points
    I started writing this stuff out for a message to one person, but it grew out of hand and I realized it might be useful technical info for more people who want to better understand the differences between Interledger modes, Interledger validators, and XRP Ledger validators. The original whitepaper for the Interledger Protocol defines three modes: optimistic, universal, and atomic. In optimistic mode, you assume everything will succeed, so you don't have to use conditional transfers/holds at all. (In fact, this is more or less how legacy payment systems work.) Needless to say, there are lots of problems with optimistic mode, so it's not practical outside of some very carefully controlled situations. Universal mode and atomic mode are two approaches that both solve the multi-ledger execution problem using conditional transfers that expire if the condition isn't met in time. The tricky part is—time is relative! Einstein aside, there are always chances that participants' systems will disagree about whether something made it just before or just after the deadline; maybe it was sent in time but arrived late. Maybe it sat in a queue or got lost along the way, or maybe two participants' clocks are offset from one another. Maybe one side had a long outage during the expiration; should it consider things expired or not when it recovers? The fundamental difference between Universal Mode and Atomic Mode is whose watch you use. To elaborate a little more: In Atomic Mode, you nominate a validator or set of validators (formerly called notaries) to hold the timepiece and be the arbiter of whether a condition was fulfilled before its expiration or not. The individual ledgers where the transfers are happening all look to the Validator(s) to see whether they should execute the transfers or not. This means that the ledger ignores its own clock and goes with what the validator decides—if the transfer gets the validator's stamp of approval, it goes through, no questions asked. An interesting property about these validators is that they don't need to know much about the transfers themselves: all they know is the ID of the overall transaction, the condition (and eventually fulfillment), the expiration time, and which ledger(s) to notify when there's a definite outcome. They don't need to know the parties of the transaction, or what the amounts are; the ledgers have that information and just need a go/no-go signal from the validator(s). In Universal Mode, each ledger is the arbiter of its own timepiece; there is no "validator" in this mode. When the ledger sees a request to fulfill a conditional transfer, it decides whether the expiration has passed or not. As a result, sometimes a payment (a chain of transfers) doesn't fully execute. In those cases, the receiver gets paid, the sender never gets charged, and some connector in the middle loses money. (The connector only loses money if a ledger they use has a failure, or if they themselves have a failure, or if they set their expirations unreasonably close together.) The upside is, connectors can plan around this, not all the parties at all steps have to agree on anything, and the two endpoints of the transaction are never at risk of losing money. In some cases, you can even retry the portion of the payment that failed. What may surprise you is that the public ILP specs don't define atomic mode; Stefan, Evan, et al. came to the conclusion that, in order to use Atomic mode, all the participants had to agree on a set of validators and how to choose them. And if you're going so far as to do that, you could also agree on any number of other modifications to the protocol, so honestly, it doesn't really make sense to define a standard that needs you to agree on some other stuff anyway. On the other hand, if you build a private network of banks and similar institutions, they are are absolutely loathe to accept the risk that some payments fail in the middle, and perfectly willing to define and abide by conventions for whose timepiece is authoritative. Thus, Ripple ended up in a situation where xCurrent uses a proprietary "atomic" variation of the Interledger Protocol (whose conventions are enforced in part by business contracts!) and the published Interledger standards have only the works-anywhere-with-risks Universal mode definition and the reductive-for-example-purposes Optimistic mode. Meanwhile, XRP Ledger validators are a different beast. Unlike Interledger transactions, where each ledger is its own fiefdom, the XRP Ledger consists of a shared state that's replicated across all participants. That means that XRP Ledger validators must not only agree on whether a transaction occurred, but exactly how it executed. The little-discussed "Ripple Transaction Protocol" (RTXP) includes all the rules for how to process a transaction: which objects to create in the ledger's data-store, which offers to take when processing a trade, etc. (For the record, RTXP's only "documentation" is the code itself.) The hash of the final ledger state as a result of all these transactions is the final thing that validators agree on, proving that they reached the same conclusion regarding the exact state of everything the ledger contains. This is no small amount of work, and the fact that the XRP Ledger closes 15,000+ times per day with most validators reaching the exact same conclusion over 90% of the time is pretty impressive. Another major difference between ILP atomic mode validators and XRP Ledger validators is that ILP atomic mode validators can be ad-hoc. You can use a different validator or set of validators for every individual transaction, switching freely between them on whatever basis makes sense. With the XRP Ledger, you're best off following the same set of validators continuously for every ledger. So, as you can see, ILP atomic mode validators and XRP Ledger validators both have important jobs to do, but they are also very different. I hope this is useful information and I'll gladly answer more questions if you want to know more about the intricacies of these fascinating technologies.
  32. 24 points

    XRP By The Numbers

    Some readers prefer hard facts and numbers to detailed interpretations. In this blog entry, I provide you with some of those hard facts and numbers for XRP, all collected in one place. I give a short intro into each section; Most of the statistics I started gathering a couple days ago, but I used the latest wallet stats because I wanted to quote the "over 500K" number! Hope you enjoy - please feel free to leave any feedback below & of course feel free to share in any other media! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum (still TBD - technical difficulties for now) Bitcointalk - XRP speculation thread (still TBD - technical difficulties for now)
  33. 24 points
    Hi, I just read this article and find it very interesting that the White House is meeting with Don Tapscott (speaker at Swell) regarding government usecases for DLT. "In remarks, Graves – who said that she will be meeting with blockchain advocate Don Tapscott next month to discuss use cases the government might explore – stressed that she and Mulvaney view distributed ledger technology as a potentially powerful tool." https://www.coindesk.com/trump-white-house-doubles-us-commitment-blockchain/?utm_content=buffera1b94&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
  34. 24 points

    Higher Transaction Costs

    There still might be short term escalations of the fee on a few servers, but overall the network behavior should be normal. The fixed build will be available very shortly and those running the fixed build and submitting to their own servers should be fine. Everyone submitting transactions via any automated process should set a fee limit. You do not need to pay the open ledger fee to get a transaction in -- you can pay a lower fee and it will likely only take you one or maybe two more ledgers for your transaction to get in. The network has sufficient capacity that at least a few minimum fee transactions (10 drops) should get into pretty much every ledger. I would suggest anyone submitting bulk transactions to client handling servers run by Ripple hold off just a bit longer before resuming. It will probably be okay, but there is a small chance that you could wind up causing fee elevation on the server you're submitting to if it hasn't been upgraded yet. Similarly, others might see fee elevation on that server if someone else is submitting heavily to that server.
  35. 23 points
  36. 23 points

    R3 v. Ripple Lawsuit Dismissed

    Wow, that was fast. Ripple can handle transactions in seconds.... lawsuits too!
  37. 23 points
    I focus on XRP in this blog entry, and highlight the news of the first production usage of xRapid - Ripple's solution that uses XRP for sourcing liquidity. In the last week, I was struck by the scale of the latest good news: the announcement of xRapid's first usage before SWELL. The term "tipping point" has been debated previously for XRP's use case, and now those discussions will have a whole new flavor... Thank you for reading & hope you enjoy - as always, feel free to share on any other media. My other blog announcements: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  38. 23 points
  39. 23 points
    Writing secure and robust code has always been an important priority at Ripple. I've mentioned before that our process involves regular security audits by subject matter experts, but we haven't really given out any details. We've engaged leading information assurance, cyber security and risk analysis firms to perform our code audits. These guys are good and they've pored over the codebase looking for issues. Although the results of their audits have been positive and they did not identify any security flaws, their detailed reports to us are confidential and have not been made public. This is fairly typical in the industry, but as we prepare to release rippled 1.0, we are going to perform another security audit of the codebase and that report will be publicly released. Beyond our own efforts, I hope that we will see external reviews as well. I think I speak for everyone on the team when I say that we welcome review and feedback from everyone and especially from the fintech, crypto and security communities. I'd also like to point out that we have an established bug bounty program and that we welcome all responsibly disclosed submissions. Check it out: https://ripple.com/bug-bounty/
  40. 23 points
  41. 23 points

    Quick question for the og zerpers

    Oh you have no idea. There was Jed, mass dumping, the old forum closing (somehow most found this one), losing one of the first and easiest access points (SnapSwaps, BTC2Ripple bridge), losing Ripple names, constant hazing from other cryptos, government scrutiny of Ripple, Jed again, and Jed lawsuit... There is a reason the old salts are holders- everyone else is already gone
  42. 22 points

    R3 v. Ripple Lawsuit Dismissed

    Judge probably owns XRP himself, behind the sheets, he went like " yo brad, when is this shizz hittin 30 cents again?"
  43. 22 points

    XRP Lock Up Confirmation

    Ripple's CEO answered my question on quora, which is pretty cool!
  44. 21 points
    Date published: oct.11, 2017 On August 11, SBI Holdings Co., Ltd. and SBI Ripple Asia Co., Ltd. launched the "Beyond Blockchain" technical program (hereinafter referred to as "BBC Technical Program") and announced it. The BBC Technical Program aims to train engineers in block chain related technology for enterprise use. In this background, because the opportunities to acquire knowledge by the development vendor side are limited or the hurdle of acquiring skills by individuals is high, there are cases in which the virtual currency and DLT are confused, so the technology based on the correct knowledge We will train people and work with 24 major vendor companies in Japan and overseas. According to Takashi Okita, President and Representative Director of SBI Ripple Asia, explaining the use of block chain / DLT (Distributed Bookkeeping Technology) for remittance technology and the purpose of the BBC Technical Program starting this month, We are finding the use of DLT which is becoming increasingly popular not only in the banking industry but also in various fields such as securities, electricity, legal affairs, accounting, real estate, point program, mileage and so on. In addition, by utilizing the technology "Interledger Protocol" developed by Ripple (Ripple) Inc. as "IoV (Internet of value)", it is possible not only to settle banks between bank ledgers but also between Paypal and Alipay , And settlement between virtual currencies can be done efficiently. At present, the remittance system is monopolized by SWIFT, which has been used conventionally, and international remittance is costly such as time and fee. In order to make this more efficient, we are focusing on remittances between banks, in particular remittances internationally. Speaking of international remittances, we also announced that we had sent ripple solution xRapid on 10th and remitted between US and Mexico. Ripple has also announced that more than 100 banks participating in RippleNet have been announced, including SBI Ripple Asia's affiliated financial institutions. Recently Ripple's base as a base for advance to Singapore and India, etc. are also being promoted by Ripple, and according to Mr. Okita, SBI Ripple Asia has adopted ASEAN (Indonesia, Cambodia , Thailand, the Philippines, Brunei, Vietnam, Malaysia, Myanmar, Laos) in order to promote international remittance solutions using DLT. In addition, SBI Ripple Asia partnered with DAYLI Intelligence (Daily Intelligence) under the umbrella of Korea leading YelloMobile (Yellow Mobile) in September this year and is aiming to provide remittance service to financial institutions using DLT. Many block chain companies are developing the platform of DLT, for example, Corda of R3 and Hyper Ledger Fabric are mainly mentioned, but SBI Ripple Asia collaborates with such a DLT platform as a cross-cutting effort It is said to go. Also expectations will be raised that engineers familiar with advanced technologies such as DLT will be produced by the BBC Technical Program that was established this time. Future trends of SBI Ripple Asia will draw attention. https://apptimes.net/archives/8344
  45. 21 points
    Hello everybody, As of a month ago I knew nothing about cryptocurrency. As of two weeks ago I knew nothing about Ripple or XRP. What an absolute shame!!! I have been an XRP junky for the past couple of weeks, though, and am trying to absorb as much as I can. I greet any other investor who is in my boat and I heartily congratulate anyone who has been doing this longer. Good form, ladies and gents, and I'm so happy to be aboard. For anyone who cares, here are some things that made Ripple stand out to me: The company. Yes, company. Not a nebulous group of users, not a hodgepodge of dreamers who have a blockchain and an ideology. They are an established company of seasoned professionals. The goal. Ripple is laser-focused on one thing: Improve cross-border bank transfers. See the mountain, lock in on the mountain, climb the damn mountain. The team. I keep watching and listening to all of the interviews that I can find with these guys: Garlinghouse, Vias, Schwartz, Thomas, Rao, and others. You know what is incredibly weird? I can't find a single one of them that I don't absolutely like and respect. Their intelligence, their demeanor, their message, their style.....wow. The technology. Faster transaction processing by far! Interledger! Proven use-cases! Aaaaahhhhhhh!! The competition. SWIFT. Sheesh, its like an obese gentleman being called "Slim". SWIFT, as I believe Stefan Thomas was quoted as saying, has had decades to improve. They have been slow, inattentive, and have ultimately cost people so much time and money. Even if for no other reason, I would almost want to support Ripple just based on this alone. The Hodor. Have you read his blog yet? Great! Well, I'm in. And not just a little, I bought in about a week ago when it was at about 0.20 and amassed a very healthy pile of XRP. This is not a short profit-seeking exercise for me. I really believe in these men and women, in what they've created and what their goal is. Here's to you, Ripple. I know it'll be a bumpy ride at times, but stay on track. You have a lot of passengers who are with you for the whole trip.
  46. 21 points

    Writing on the Wall

    To me there is little doubt after seeing BG's comments on Quora that there will be one or more major news announcements at Swell. I have spent the last decade watching CEO's of public companies completely avoid any hint of what is to come in upcoming meetings and of course the SEC regulates certain times when you can say anything that might influence share price. Garlinghouse is well aware of that world having spent time at AOL and Yahoo in senior positions and being and avid investor himself. He didn't mistakenly say that significant news would be forthcoming at the conference- he is pretty clearly excited to announce major advances the company has made. And coming off some slight criticism of the countdown clock to announce Swell he's not about to be perceived as some blowhard CEO with empty "announcements." This one is coming directly from him so he can't shift blame to the marketing department. In my view there is more to the timing and location of this conference (same time as Swift in Toronto) than we know. Having run a few companies myself there is no way I hurry the rollout of that meeting and go directly up against a competing conference of the company I want to unseat unless I am bringing something big-it would be an absolutely unnecessary, unforced error. And it can't just be about my speakers (Bernanke, Berners-lee, et al.) either because at the end of the day I can't control how they are perceived or exactly what they will say. Garlinghouse wants to shape the narrative and drive this company forward to mass adoption. I actually think there will be more than one significant announcement from the company. The countdown to Swell was done entirely to bring attention to this meeting so that was only the set-up (and from that perspective a pretty good one). The price spike was incidental then, not the objective. Swell is the objective and the follow on out of this conference I believe will signal a very new day for Ripple and XRP. I wouldn't be at all surprised to see a price spike to .70 but I also think after a small pullback after the conference (unless there are other milestone dates of anticipation announced that are in close range) we may well see higher highs.
  47. 21 points
    https://www.quora.com/session/Brad-Garlinghouse/1?share=22b8cded&srid=o3Oh Great opportunity to get some answers to SWELL, lockup and XRAPID I added a couple of questions myself...might need some support to get higher up the list
  48. 21 points
    I assure you that insured assurances are difficult to ensure.
  49. 20 points

    Miguel Vias on Credit Suisse

    Watch his video from last week at Credit Suisse conf https://www.credit-suisse.com/pwp/ws/videobroadcast/?pid=9ceVakBGCElMdKCKL5I4T6_prgxnKHap
  50. 20 points
    My latest blog entry talks about the W3C working group for payment requests, along with some interesting XRP wallet statistics and SWELL. There's been some crypto buzz around the "payment request" standard for browsers; I discuss this a bit and then talk about some XRP wallet statistics recently published by some XRP developers on Twitter; I think the numbers are fascinating. Let me know what you think, and please feel free to share my blog on other media. My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread