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Showing content with the highest reputation on 03/22/2016 in all areas

  1. 10 points
    gatehub

    GateHub Wallet - New Features

    GateHub now supports Company Accounts, which you can open at https://signin.gatehub.net/signup. For any additional information about company accounts contact us at companies@gatehub.net. We are always listening to you, our users, and we strive to improve your GateHub experience. Today, we are introducing new GateHub Wallet features that simplify both management and exchange of your digital assets. New features include: A New Home Page A New Exchange Page Custom Markets Trade Page Improvements Markets Sorting Advanced Trustlines Options Mobile optimizations Following our vision to make any type of value accessible and transparent, we are pleased to announce the imminent arrival of the first gateway to the GateHub platform. Starting with Ether, we are creating a global network of connected gateways easily accessible via our GateHub Wallet. Read more: http://blog.gatehub.net/post/141487522607/introducing-new-wallet-features-and-company Enej Pungercar, Founder and CEO
  2. 9 points
    Tweeted by Ripple and mentioned in the chatbox earlier by @rippleric , there are a couple of things that really stand out to me in this announcement. 1. The quality of the company Ripple is keeping here. That's quite the list. 2. The fact that Ripple is the only fintech company represented on that list. http://www.gtreview.com/news/global/baft-launches-future-leaders-programme/#.VvB_RY2YdoA.twitter
  3. 3 points
    xtrapower

    Ripple Trade after 1 April 2016

    Gatehub is as safe or unsafe as any Gateway/Exchange out there. Their business is security, they offer 2FA and u can be assured they don't safe secret keys in plaintext anywhere. There are a methods to protect sensible information even in case of a hack (like salted hashing, which works extremely well if you have a strong password). So i consider a 2FA secured Gatehub account very safe. The biggest security weakness is probably the user itself, like usual. A sensible approach would be to safe the big chunk of your XRP in a cold wallet and manage the rest of your XRP, which u can actively use, in a 2FA protected Gatehub wallet.
  4. 2 points
    Ripula Newsletter: New Product Launch Ripula Launches New Platform Here at Ripula we are very proud to announce the launch of our new enterprise-level platform. With immediate effect, all Ripula operations will move to our new website at www.ripula.com where a huge number of new features are available. We hope that you will take a look at our new PayPal, Bitcoin and Ripple deposit facilities, our new integrated marketplace and webshops, and fully integrated account-based wallet system. In the development pipeline are loads of awesome new integrations like web and mobile point of sale systems, in store NFC payments, SMS banking and an online "Pay With Ripula" widget for ecommerce providers. We'll be keeping you updated with our new products as they are released. As a current Ripula client, we've already signed you up to the new website. You will receive a new password via email shortly which you will need to reset when you first login. Not all features will be immediately accessible to you either: there are some things that for regulatory reasons we need extra verification for (specifically, a linked bank account). Although our iOS app is not yet ready, our Android app is! Get it at the link below. We hope you enjoy our new platform! - The Ripula Team
  5. 2 points
    enej

    Ripple Trade after 1 April 2016

    Gatehub is as safe or unsafe as any Gateway/Exchange out there. Their business is security, they offer 2FA and u can be assured they don't safe secret keys in plaintext anywhere. There are a methods to protect sensible information even in case of a hack (like salted hashing, which works extremely well if you have a strong password). So i consider a 2FA secured Gatehub account very safe. The biggest security weakness is probably the user itself, like usual. A sensible approach would be to safe the big chunk of your XRP in a cold wallet and manage the rest of your XRP, which u can actively use, in a 2FA protected Gatehub wallet. So what happens to our XRP on ripple trade after 1 April if we don't migrate to Gatehub? I'm a long term investor and I'm not effectively trading, I just want to have my XRP parked for 1+$ days. I don't trust Gatehub to keep my XRP safe, can I just leave it in rippletrade and then when 1+$ days comes recoup the account via secret key and cash out in whatever wallet exists in that time in the future? Insert other media We wrote a blog post about this topic: http://blog.gatehub.net/post/118438989892/gatehub-security Also I should mention GateHub uses in browser client side encryption. This means secret keys are never sent to GateHub un-encrypted. See our blog post for more. While we are doing everything we can to protect our customers I would recommend to keep large amounts of XRP in "cold" offline wallets. P.s.: Always use 2FA and make sure your password is strong enough!
  6. 2 points
    doublexrp

    RIPPLE TSUNAMI or DUDD

    This is likely to be my biggest contribution to this community, specifically those that still question or have unknowns in how ILP and XRP are intimately related and correlated as far as the Ripple team plan. Notice the correlations between key points for RCL only and for ILP (ILP is a well thought out solution from quite an efficient and adaptive team). At first there was RCL only. Now there is ILP also. (I can only hope the formatting stays the way I want it after posting) Where everything is connected - RCL only = The idea was to get tons of banks, market makers, etc. onto RCL, so that “everything” is connected WITHIN RCL. - ILP = The idea is to get tons of banks and any other ledgers so that “everything” is connected OUTSIDE of RCL. (note: a lot more likelihood of this happening now that it is outside vs inside) XRP not NEEDING to be used - RCL only = Any currency can be used to execute a trade, xrp did not have to be used (aka one could post bid/ask between dollars and Euros and not touch xrp, minus the small negligible XRP fee) - Any ledger can talk to any other ledger with any market maker or bride currency as the connector, XRP does not have to be used. Cheapest possible route found through - RCL only = Occurred WITHIN RCL - ILP = Done/begins EXTERNALLY through ripple connect and ripple stream Market makers have more incentive to bring liquidity to 1 bridge currency (XRP) than to specific currency pairs - RCL only = If you were a market maker in RCL, it made more sense to post bid/ask to XRP than to another currency, because if you post to XRP you can serve the demand between any currency pairs vs. just between 2 currency pairs (For example: if you post a bid/ask between Euros and Indian Rupee only those that are interested in exchanging between Euros and Rupees have the potential to buy/sell your what you posted, vs. if you post a bid/ask to XRP then anybody looking to go from one currency to another has the potential to buy/sell what you posted and will do so if it is the cheapest alternative found in RCL). - ILP = Market makers would have to open and keep lots of money in countless ledgers and various currencies to provide liquidity (similar to having to post bid/ask to a ton of currency pairs in RCL), it makes MUCH more sense from a market makers perspective to put all of that money in XRP so that they can provide liquidity/benefit from the demand between any currency pair vs just specific currency pairs. XRP used the most as a bridge currency - RCL only = In RCL XRP was positioned to be used the most as a bridge currency because xrp would have the most liquidity (as described in the preceding paragraph) and the cheapest pathfinding route between the 2 currencies you wanted to exchange as done automatically in RCL would often end up being through XRP (in other words and as an example it would often make more economical sense to go Dollars to XRP to Argentine Pesos because there would be a lot more bid/ask to and from XRP vs bid/ask between Dollars and Argentine Pesos). - In ILP = + As mentioned market makers will have incentive to post liquidity to 1 bridge currency (XRP). + If you are a bank seeking to send payment cross border, you don’t care who it goes through as long as there is complete certainty it will go through (which ripple products and block chain provide) and it is the cheapest route possible. + Banks and anybody else (like us) wanting to exchange between currencies WILL WANT there to be competition for liquidity because that would translate to a lower cost of sending money. Whenever market makers open certain accounts in certain currencies to not go through XRP (which some will do), it will reduce the amount of competitive liquidity available (because liquidity is going to serve the demand for exchange between specific currencies/ledgers, and not open to serve demand for all possible currency/ledger exchanges). Said differently banks and anybody else that want to send money WANT there to be a main bridge currency with a ton of liquidity in it, because it makes sending money cheaper. … XRP is positioned greatly to be this bridge currency. Moving away from RCL only included and continuing with ILP and the present - XRP will be a logical bridge currency for banks/market makers + For banks = They trust ripple to help them install a cross border payment solution and so they have clear reasons to trust and start using a ripple bridge currency w/ blokchain over a random currency/blockchain bridge. + For market makers = At first it will be easiest for the main bridge currency to be XRP over any other potential one because ripple stream/ripple connect will make these connections to banks very easy and simple ... Furthermore there will be distribution of XRP to incentive market makers going into XRP. Once banks start adopting ILP and market makers start providing liquidity through XRP it is a momentum train that keeps going. Why? - New banks have incentive to connect to all these institutions for cross border payments as well as to seek to take advantage of the lower priced liquidity compared to their current options. - Once there is usable amount of liquidity in XRP, XRP will have regained the first mover advantage from bitcoin, and it will be too difficult for others to catch up. People needing a bridge currency will economically and logically desire to use XRP, because there will be both: tighter bid/ask spreads (cheaper to send money) and there will be a lot more liquidity in XRP compared to any other cryptocurrency (amount of liquidity is essential for sending so much money which banks do)…This basically means the more people/institutions use XRP as the main bridge/source of liquidity, the more other people/institutions will want to use XRP for economical reasons and because it will be possible through XRP vs. not yet possible through any other cryptocurrency (because of the amount of liquidity required). - So while yes any bridge currency can hypothetically be used in an ILP world, it is really about where the people/liquidity is and not about which CAN be used. Just because various cryptos CAN do something better than bitcoin, does not mean they have already taken the people/liquidity away from bitcoin. I hope it helps friends. I have benefited immensely across time from this community and various posts, and figure it is time I contribute myself.
  7. 1 point
    doublexrp

    RIPPLE TSUNAMI or DUDD

    I have 2 questions for the community. They are inter-related. I see massive value in Ripple/XRP and yet am purposefully looking for counter-evidence (I believe this is essential to not be biased and to make sure one doesn't miss important information and insights). I want to add some value myself by describing some ways I understand what is going on, and given that likely all of us here have certain mutual interests (example XRP) it is likely a great idea to put our heads together and get to places where individually neither of us may get to. First to describe 2 key outcomes. 1. One is the Internet of Value: The ability to be able to communicate between any two ledgers (be they banks, cryptos, PayPal, etc.) seems essential for an IoV... I see ripple's creation of ILP as an extremely smart and efficiently adaptive move on their part...I don't believe the world adopting 1 block chain is realistic at all, as it is there are already several that have great benefits in certain areas, and with time the amount of block chains that have large benefits in certain areas will only increase. Eventually individuals will want to create their own crypto, similar to how Zeiler made his Zeilermark. The point being I personally completely agree w Ripple's view that the future will involve tons of block chains. 2. Two is instant cross border payments: The IoV can take time and ultimately it is important to solve problems/add value in the present. Ripple is focusing a lot on instant cross border payments for banks, have tons of partnerships, etc. If ripple makes massive headway on instant cross border payments with banks, it will only help them in creating the IoV. More specifically if lots of banks adopt ripple for instant cross border payments Ripple will have an actual value added/money saving proposition that lots of very large reputable institutions are using, and XRP as bridge currency would have validated benefits (per Ripple's paper XRP's role in the Internet of value). All of this real world usage would only lead to further integrations of ILP and more credibility for ILP/ripple, aka all of this would only help A LOT with outcome 1 (The Internet of Value). PS Ripple’s paper on XRP’s role in the internet of value came out way before they started publicly talking about XRP so much (aka before Jed’s settlement finished). I sat down with this paper and played with it, imagining scenarios, and it points to XRP very very well. Examples of Cryptos having large benefits in certain areas - Ethereum to me is a great concept for various people to create smart contract apps/autonomous organization simply. Great I want to be able to make apps like this quickly and have a smart autonomous organization do a lot of things for me all while having certainty that they won't rob me or lie to me. - I believe it is madesafe seeking to focus on distributing and making hosting a lot cheaper. Great I want cheaper and safer hosting. - I want to be able to create my own crypto or several in the future like Zeiler. - Bitcoin was first and currently continues to have the most liquidity. Hence it currently does add value for people wanting to shift between currencies/cryptos … In my opinion though bitcoins biggest thing going for it right now is that it was first, the value it is adding is temporary, and the likelihood is that 99%+ of hardcoin bitcoiners don’t actively look for counter-evidence, aka probably could not accurately describe the specifics of Ripple/ILP/RCL/XRP nor other crypto’s. - Etc. Etc. Etc. To my questions. 1. What actual competition currently exists with ILP for the Internet of value? I ask the community to think about this one. I actually do not see anyone else focusing on IoV, everyone else is focusing on their specific "type" of crypto/block chain with their own respective solutions. But are any of these actual competition for an IoV? (real question) Ripple was also focused on their own crypto/block chain until 2-3 years of learning led them to develop ILP. 2. I do see competition for instant cross border payments. Ripple does seem to be way ahead, has tested "enterprise grade" solutions for this, has tons of partnerships, etc. However, let's just say for a second that the entire R3 banks (42 or so of them) started using another solution for instant cross border payments, would Ripple/XRP still be able to end up making major headway towards the Internet of Value (outcome 1) or would their ability to make headway with the IoV DEPEND on it going well with instant cross border payments (outcome 2)? ... what do you think? 3) Another version of question 2, if Ripple did not succeed as the #1 solution for instant cross border payments, might Ripple/ILP/XRP still be able to end up having a ton of value by making headway towards an IoV? I ask because to me if ripple becomes the relied upon solution for instant cross border payments then everything will be aligning and that is great, btw this could be and is likely well underway. BUT it is possible that even if they don't become the #1 solution for instant cross border payments that they are still seeking to do something that others are not focusing on, and thus XRP could still end up VERY valuable. Thoughts? (I welcome agreement and counterpoints) I'm waiting for you Ripple Tsunami!
  8. 1 point
    http://www.businesswire.com/news/home/20160321005256/en/Ripple-Continues-Global-Growth-London-Office-Serve
  9. 1 point
    xrptrader

    Withdraw from GateHub

    thanks! I was able to send xrp to poloniex. Looks like there is a delay after your generate the wallet in poloniex for gather to recognize it.
  10. 1 point
    cmbartley

    GateHub Wallet - New Features

    Say more about the Ether gateway...
  11. 1 point
    Here's the list of BAFT members from their website. Ripple is listed as a "Solutions Provider", with the only other one that rings a fintech bell being Skuchain. Ripple is certainly rubbing shoulders with all of the major players here. http://www.baft-ifsa.com/membership/list-of-members
  12. 1 point
    This doesn't sound right to me. I'm not an expert, but usually people pay income tax based on where they live, whereas if you own a business, you have to remit sales tax based on where the item is sold (sold on Amazon to somebody in India, e.g.)
  13. 1 point
    For all XRP holders and enthusiast: I really can't understand why XRP isn't exploding yet.
  14. 1 point
    This is very exciting. I'm glad that Danny is leading the new office: he is incredibly smart and capable and I don't think there is anyone better suited to lead our efforts there.
  15. 1 point
    Hodor

    RIPPLE TSUNAMI or DUDD

    Basically, each person that posts in response to the original question on the thread is doing a SWAT analysis of Ripple the company, and ILP the protocol. I've already done this on my own before investing in XRP, so it's obvious to me what I think of Ripple the company - they are the best at what they do by a very wide margin. Go ahead and throw out comparisons to other cryptos (argument = invalid), or say that they are competing with another organization when they're truly not (SWIFT? They might actually use ILP).
  16. 1 point
    Ripula

    Ripula Launches New Platform

    @rippledigital, you beat us to it!
  17. 1 point
    rippledigital

    Ripula Launches New Platform

    Impressive new dashboard – LOTS going on here! Bitcoin, paypal, marketplace, wow...
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