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Showing content with the highest reputation on 09/22/2016 in all areas

  1. 13 points

    GateHub Wallet v1.5

    Today we are announcing a new version of GateHub Wallet with greatly increased usability for both new and existing users. We always strive to listen to our users and improve Gatehub experience so if you have any comments or suggestions we'll be happy to hear them! New features: Ripple Wallet Funding You can now deposit and withdraw EUR (via SEPA), USD (via Wire) and ETH (via Ethereum) directly from your ripple wallet. Hosted wallets are not required any more. Trade Page Our next iteration of Trade Page features better user experience, improved loading times (up to 50%), and a new price chart. Registration Flow New users receive a funded Ripple Wallet (not a hosted wallet as before). Trustlines are added automatically once the user connects a new gateway. Exchange Page Improvements Smart ticker allows you to easily compare different currencies to exchange. Coming soon: BTC gateway (GateHub Fifth) XAU gateway Interledger
  2. 11 points
    I took a few nights to go ahead and build a site with most of Ripple's functionality. It's essentially a 1-page cold-wallet version of RippleTrade. Everything is client-side and nothing stored or processed by any servers other than the Ripple network. https://www.theworldexchange.net/ Hopefully this spurs more interest in people using Ripple as more than just a currency.
  3. 4 points

    XRP: 4 Published QUOTES raise QUESTIONS?

    In theory yes. However the extended consequences make this highly unlikely. Once we start voiding existing ownership it creates a precedent- making all holdings a existential liability, and it adds a degree of politic to the mix. We could see the raise of fractions or popular movements based on reactionary events (ex: oil company spills crude in Gulf of Mexico and all validators ran by those with a green or environmental bent ban them outside the rule of law), or banks/ corporations using proxies in business wars... These are extreme cases but highlight worst case scenarios. But basically, would you or any of Ripple's targeted costumers hold XRP if it could be voided with simple tweaks? While in the short term the sudden removal of a large supply might be deemed beneficial the long term implications could make such an event suicidal.
  4. 3 points

    HTTPS / SSL ?

    Are there any plans to add HTTPs to the site? It seems like a pretty ironic omission given how sensitive crypto people generally are to security.
  5. 2 points
    BigChainDB is going to use ILP: "About Leondrino Exchange, Inc. Leondrino Exchange, Inc., located in New York, introduces a new type of branded virtual currencies, called Leondrino, that are related to the current and future business of global brands. With its LEX Platform, Leondrino Exchange combines all tools and services necessary to manage the life cycle of both loyalty points and Leondrino Currencies and to meet the requirements of safety, privacy, security and regulation. The LEX Platform provides a valuable foundation for data-based business models in several industries, e.g. Financial Services, Entertainment, Energy, Transportation and Healthcare. About Tymlez Software and Consultancy BV Tymlez Software and Consultancy BV, based in Amsterdam, focuses on the selection and development of tools and technologies to build a smart enterprise blockchain platform. Based on strong and proven IT leadership experience with global players, it builds blockchain-based solutions for enterprises that integrates with existing mission critical applications." http://www.openpr.com/news/365824/BigchainDB-Tymlez-and-Leondrino-Exchange-Join-Forces-to-provide-Enterprise-Solutions-Based-on-Blockchain-Technology.html
  6. 2 points
    Rather than 1/5, 10/5. Since ILP and Ripple are blowing up correspondent banking.
  7. 2 points
    Thanks, these are all good suggestions. I've widened the login fields and added a logout button. Originally just logging in with nothing would have logged you out, but I realize that's not obvious lol I've pointed the Min XRP links to the documentation (upper left link) instead which mentions XRPChat and Ripple Forums. I'm inclined not to mention how key generation works - they can always click on all the links to Ripple to read on that. I want to keep the site as high level as possible rather than just cater towards people who know crypto already. @lucky: no that's not me lol, just someone who got super enthusiastic about Ripple after reading my stuff. I have no relation to Ripple Labs, just some guy who's been around since the beginning.
  8. 1 point

    Cosmos IBC VS ILP

  9. 1 point
  10. 1 point

    developers, developers, developers!

    Congrats to those sitting in the audience for getting to hear a great speaker
  11. 1 point

    HTTPS / SSL ?

    https://letsencrypt.org/ free. using it, loving it
  12. 1 point
    Very interesting analysis indeed. What you end up, after reading this is: there's still a long way to go. What is very important to note though, is this: We are heading into the Internet of Value. This is a network. That new network is not just about money. It is also, and perhaps even ONLY, about applications that run, or are connected to that network. Behind those applications are developers. Behind those developers are people willing to invest in these applications, and pay those developers. That whole circus takes place OUTSIDE the traditional banking. Bankers are not application developers, have never been, never will be. They are too boring to be application developers. And that circus has started. Incredible amount of money is being invested, incredible amount of time is being spend on building stuff. And much sooner than bankers are able to get their act together, that collective process will already gravitate towards certain solutions, and platform. Bitcoin is such a solution and platform, Etherium is, Ripple / ILP is. In other words, on the direction this new Internet of Value is heading to, "the banks" may have just as much influence on, as newspaper publishers had influence on the development of the Web. To refresh your memory: they had none. The web was already a full-blown success when newspapers jumped on board of the already unstoppable train. What is important now, for all those that are involved, and all those that have to decide in which direction their money will go, is to make a well educated decision, and go to the most promising solution, and not to worry to much about it not being perfect yet. So far, my money is on Ripple.
  13. 1 point

    Cosmos IBC VS ILP

    I think that from the bank perspective, an advantage of ILP is opacity. In ILP the ledgers don't have knowledge about the state of other ledgers. In Cosmos it appears that validators do have some knowledge about the state of parallel ledgers.
  14. 1 point
  15. 1 point
  16. 1 point
    At the end of the day, whether Jed actually owns any XRP is not decided by Ripple but by the validators on the Ripple network. In the current network those validators are all operated by Ripple, but the protocol is designed in such a way that the network of validators becomes decentralized. Ripple has clearly stated that this is the future of the network, and that the current centralized state is just for the booting phase. What this means, is that at any point in time, the majority of decentralized validators may choose to apply an amendment that does no longer count transactions from ~scumbag as a valid transaction. This is playing with fire, because it affects the "immutability" of "the blockchain". But that immutability does not really exist anyway, not even in bitcoin. Immutability of transactions in a payment network, whether that's Ripple, Monero, Etherium or Bitcoin, only exists as long as the users of the network have consensus about the rules of the network (which version of software to run, and/or which validators to trust). In that aspect, Ripple has completely nailed it: It's all about consensus. So Jed only owns 5 billion XRP because we currently agree that he owns it. That might change, if the majority of Ripple users, who don't have any legally binding agreement with Jed, see it as their best interest to void that ownership.
  17. 1 point
    WOW! He killed it!!! GO CL!!!
  18. 1 point
    https://ripple.com/insights/chris-larsen-on-the-internet-of-value/ Video:
  19. 1 point
    I can do that for him: Ethereum, being a platform where you can deploy nearly any functionality built into a token or a smart-contract (read: program), could certainly replicate Ripple-like functionality BZZZT. Ethereum's consensus protocol functions via proof of work and if VB's shady uncle problem gets resolved, via proof of stake. Any ledger using those consensus methods can be held hostage by trivially expensive spam attacks. Moving to pay by fee undermines the premise of Bitcoin's value prop, it's literally a dead end. RCL cannot be effectively spammed this way. Its escalating fee structure and XRP are specifically designed to eliminate the spam attack. It also settles in under 7 seconds now ... that's about half as much time as the damn chip readers at the grocery store. I hadn't heard the "debunking of the Peter Todd" paper. Any pointers to that would be appreciated. Just read the paper and don't rely on biased reporting to parse it for you. Specifically read introduction to Section 4 " 4 Consensus Algorithm Coming to consensus about the contents of the Ripple ledger is the role of the Ripple Protocol Consensus Algorithm[5]. In situations where the participants can be determined in advance, consensus algorithms are a well studied with a large variety of choices available. With that in mind while this review did some basic “sanity checking” of the specific algorithm, for the most part we assume it works correctly as described. Instead we’ll focus on the assumptions surrounding the consensus algorithm, and how it can and will be used in practice." How in the serious fuck do you get paid 40k to title a report "An Analysis of the Ripple Consensus Algorithm" that specifically excludes evaluating the consensus algorithm? Easy, you weren't paid to evaluate the consensus mechanism. Ok Tom, we get it, you think it was a con by R3 to throw shade on Ripple, but why and what are the practical upshots of overlooking the details of the Ripple consensus mechanism? There are 3 things which (to this date) seem novel about the Ripple Consensus Algorithm: 1. It is a ledgerchain, not a blockchain. That means every round of consensus includes a complete copy of the entire state of the ledger. 2. It's topology is configurable via the UNL parameter, meaning it can be as decentralized or centralized as its participants choose. 3. A failure to reach consensus does not result in a fork, it results in a single round delay and a notification to the validator devops that a node is misbehaving. Repeated delays predictably would result in human intervention to adjust UNLs and exclude naughty nodes. This is crucial because OBVIATES EVERY SINGLE ONE OF PETER"S ATTACK VECTORS. So this statement: I still believe, regardless of Ripple's opinion of Peter Todd, that the following criticism hold weight (and would welcome any evidence to the contrary: “Ripple still holds the majority of XRP, and it is in their favor for its value to increase,” says the report. “Ripple justifies XRP as an ‘anti-spam mechanism’ to deter transactions… However, as the volume of transactions increases the server load, transaction speed is slowed while the cost of the transaction and the amount of required XRP continues to increase.” Todd next walks readers through a number of theoretical attacks that could take place against the Ripple protocol, discussing his estimates of the cost, scope, duration and probability of the scenarios. Perhaps the most glaring, Todd’s writing infers, is the damage that could be done due to a “software backdoor”, as he finds that Ripple “does not provide a secure way to download any of their software”. “This is a serious omission that has lead to significant monetary losses in the past. Ripple Labs should be following industry best-practice by signing git commits and tags as well as PGP signing their Ubuntu packages,” Todd added. Todd ends by highlighting the potential real-world implications of these attacks in an elaborate scenario involving a dispute between the Russian government and Shell Oil, forecasting how these parties might attempt to achieve their aims through coercion on the network. Is patently wrong.
  20. 1 point
    Ha, well if anything I was often agreeing with people back on XRPTalk that they might as well let the price tank and have him rid of it all. Since no one was using RCL anyway (and still aren't, really!). I do think he should have been prosecuted and not bargained with, but that's an amateur opinion coming from my ass since I have no clue about the legalities involved.
  21. 1 point
    Maybe they are building their own... https://www.inverse.com/article/21071-well-why-don-t-they-just-build-the-whole-rocket-out-of-the-ocean-then
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