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Showing content with the highest reputation on 04/14/2017 in all areas

  1. Apollo

    stellar and ripple

    Why would you put your money in a project run by a man who started a better version of that same project and then has spent the last 3 years doing everything he could to wreck it? He told everyone he would sell all his XRP, causing everyone who relied on his statements to lose their money and then only sold enough to keep the price low as long as possible. He literally did the most unethical thing in his power. He then continued to do similar things going forward. The list of bad action by Jed is too long for one post. So, I would keep my distance from Stellar.
    8 points
  2. No he cannot! Jed's holdings are locked up into an agreement under control by Ripple that let him sell no more than 1,5% of total RCL trading volume. Indeed he's untrustworthy as he once tried to screw Ripple and the mutual agreement by way of a 1M USD selling under the names of a cousin and an aunt. But Ripple was smarter and faster than Jed so they could lock up the trade on the exchange (with the help of Bitstamp). This way he screwed not only himself, but also his family as their stealth action brought the whole band in court, resulting into a ruling by the judge that Jed has to give the
    7 points
  3. Citibank Sr. Cross Border Payments Innovation Lead Job Posting This lead driving the innovation agenda for Citi’s Consumer Global Digital Payments cross-border money transmission will also engage with Citi’s TTS product innovation teams, Ventures and Citi labs to structure and execute a test & learn backlog (eg Blockchain/Ripple emerging payment networks, mobile/biometric security solutions)..Objectives of the individual in this role will work closely with GDP’s Head of Money Transmission team to align on priorities targeting the most critical competitive gaps, market trends, new tech
    6 points
  4. karlos

    XRP meme competition?

    You mean these?
    6 points
  5. I beg to differ about it. I am Indian, currently living in Australia. If you do the research you will find out how people there adapt to new technology much quicker than any other part of the world. Reasons are, over 50% of population is of youths, about 200 Million people in middle class and expected to grow to 400 million people soon ( and most of them being tech efficient due to being educated ) Growth rate and lately Governments will to reduce cash transactions. Everything is pushing people towards digital payments. And yes Xrp may take some months may be couple of years to pickup speed b
    5 points
  6. gena667

    XRP meme competition?

    (sorry for profanity)
    4 points
  7. very introspective .. lots of great points to contemplate upon... many of them true. ... I am just choosing those where i think a different 'outcome' is 'possible'. >>This is a religious struggle. It is a religious ( more philosophical - but i get it) struggle yes. But thanks to bitcoin, people have come to see what a completely decentralized and unregulated space can do. many have got hurt, many have got rich, rampant speculation and from miner mafia to developers core - all sorts of market cornering is up for display :-) the point i am making _ if "this" is the unregula
    4 points
  8. Interesting advice.."MMA style" grappling a US police officer, what could go wrong
    4 points
  9. It has been a while that the crypto community was thinking about a decentralized exchange, to remove fees, trust in private (mostly unknown) companies and so on. So my idea is: we have a "decentralized" market that is RCL. The point of failure is in giving trust to gateways to issue IOUs. The solution might come from Ethereum, where contracts do automatic bridges to issue and redeem IOUs. But I'm not very expert so I'd like to know from someone that knows Ethereum better if they can clarify some doubts: Can a contract on Ethereum "interact" with other blockchains? That is send curre
    3 points
  10. Evan Schwartz, managing director of Ripple Luxembourg and co-inventor of Interledger Protocol will be presenting his open protocol for secure, seamless payments between currencies and payment networks. The presentation will include live micropayments and will give a taste of the opportunities Interledger and the "Internet of Value" create for business and other open source projects. Bring along your laptop for live demonstrations of Evan Schwartz, managing director of Ripple Luxembourg and co-inventor of Interledger Protocol will be presenting his open protocol for secure, seamless payments be
    3 points
  11. To my understanding, this is correct, but I've only glanced tangentially over the C++ code for it. Front-running via the transaction queue might be possible, but I think it's probably too costly to do profitably. The idea would be: Monitor for incoming transactions you might want to front-run (e.g. if you see a big order coming you buy and resell to that order at a higher price). When you see such a transaction, you force it to go into the transaction queue rather than the open ledger. This is easier said than done: You have to submit a whole lot of meaningless transact
    3 points
  12. Mercury

    Beginners Tech?

    Taking a page from @tomxcs's community initiatives and @nikb wanting to engage new developers I was wondering if there was something for users wanting to contribute/ play with ripple that would require minimal tech skills and/ or knowledge and little to medium hardware/ software investment. I am thinking on the level @RafOlP scripts running inside google sheets as a perfect example Scripts that can be copied, products (google sheets) that is free and results that can be followed. Ideally something that could be used in conjunction with/ for the community- no matter the si
    3 points
  13. THIS. NSA SWIFT exploits. https://www.bleepingcomputer.com/news/security/shadow-brokers-release-new-files-revealing-windows-exploits-swift-attacks/ Sent from my iPhone using Tapatalk Pro
    3 points
  14. Jed can't be trusted, since the mt-gox having its keys stolen from his laptop, to ripple , and to cooking up companies to suck funds to his girlfriends account. there is zero credibility left... entire industry knows this, especially regulators know this, and i can confidently tell you str doesn't look bright and winning back this trust - i donno - looks practically impossible.
    3 points
  15. I don't know Jed well enough to make a complete character statement, but Joyce I do know, and she is a great person. I wholeheartedly support her and can assure you her character and her history is the farthest thing from a joke. She's the real deal and does it for all the right reasons. I agree with this. Jed's history in this space is peppered with irresponsible decisions seemingly based upon wrong place/right time, right place/right time/wrong people dynamics, and a childish need for public vindication through fiscally irresponsible temper tantrums... In response to the O
    3 points
  16. What is this? Products, bots, trading XRP? Wallets that include XRP? .... Or some other toys that forever have to stay on the sidelines of finance? The MAIN problem with crypto (all of them) is the in/out and connection to.... fiat. Like it our not but, despite your wish for evangelism, the only religion still ruling the world are those units of value like USD or EUR and 99.99999% still want to use. Right! It's fiat that keeps on ruling. And despite all your wishes or hopes ... this will NOT gone change soon. ALL products you want to develop on whatever crypto will have to face it. Even t
    3 points
  17. I think the best chances some country to fully implement XRP into their business would be Japan! People from Japan are the most open minded and they are not afraid to use something if the see it is a lot better!
    3 points
  18. https://www.amazon.co.jp/gp/product/4532357276/ I bought the Japanese book which President Kitao of SBI Holdings wrote. According to this book, SBI Ripple asia was going to business mainly on foreign exchange in Japan. But SBI Ripple ASIA had a hearing with many financial institutions. and they understood that the present domestic exchange system had a problem. It is written so in the book. Japan's banking system is currently very slow. Probably those problems are written in the following URL. http://toyokeizai.net/articles/-/33158
    3 points
  19. This is a public service topic. I wish you all a safe and pleasant flight.
    3 points
  20. cap

    A simple request

    You don't like Ripple and that's your right. What I don't get is... why are you still here? I hate kale. No matter how many health benefits it might have, I'm not eating something that tastes like concentrated evil. But I don't go to kale forums to complain about how disgusting that stuff is or to tell people who like it that they have terrible taste. (Why would I?) Why are you so concerned with a currency that, according to you, died months ago?
    3 points
  21. Hey guys, So yeah I'm a little confused why the RMG announcement caused such a fuss. It seems at some point someone in this community connected the dots between CME and Ripple and assumed the RMG project would happen on RCL? I know for a fact Ripple never made the claim, mostly because when I was at the CME I worked on the RMG project a little bit. If I remember correctly, no fully public blockchain was ever considered for that project. As an aside, I have to commend the TRM team for choosing some really great partners to work with. Bitgo in particular was a really great move. Lastly,
    3 points
  22. Apollo

    stellar and ripple

    Well, I'll eat some crow for the nonprofit filing, but I stand by it being a joke. Pointing to the NFL just illustrates my point. Mainly that Stellar is designed to make loads of money for Jed while holding themselves out as a charity. I have no problem with someone getting rich off of making the world a better place, but I find the spin distasteful. Jed pointed to Ripple's greed as the reason he needed to start Sellar. He then produced a copy that could make him just as much money if it was successful. So, yeah I think its a joke. I'll lay off Jed and Stellar when Jed starts acting ethi
    2 points
  23. If the transaction you want to front-run makes it into the open ledger of enough servers, it'll pass consensus and make it into the next validated ledger. At that point, you can hope that the canonical ordering randomly favors you, but that's not reliable. You can't kick a transaction "back into the queue" from the open ledger on one server. You might be able to race it to the open ledger on other servers.
    2 points
  24. This makes me wonder if you could make an ILP Connector as a contract on Etherium.
    2 points
  25. some live footage of Ripple HQ after reading the sad news about SWIFT:
    2 points
  26. I'm using the free version for my project. If that project scales up, I would certainly consider the commercial version. A high-end server costs around 25k, so an additional 5k to get the most of that hardware can actually be a huge cost saver. But the interesting point is: nginx, without the help of a big developer community, yet with a small and focused development team, has kicked Apache's butt and will probably exceed Apache's market share pretty soon. Similarly how Ripple will kick Bitcoin's butt, with compelling features and raw performance.
    2 points
  27. I think it depends on the role of front running. In donch case it was an arbitrage bot and since circular payments are not supported (https://github.com/ripple/rippled/issues/1257) it was super important to frontrun because the risk is to succeed in one transaction and fail the second one, leaving the bot with useless (and probably lower priced) currencies. If you want to front run big orders (the canonical case) it is risky because: You can send the buy transaction with fill_or_kill flag --> no risks here The sell transaction has to arrive before the big order -->
    2 points
  28. I can't tell. The way he/she wrote made me thing there are many wallet files, but maybe you are right - that would require overwriting the previous files and agreeing with the OS prompt to do so. The error reported is wrong password, and this means only 4 possibilities: Password is wrong and file location is right Password is right file and location is wrong Password is wrong and file location is wrong Password is right and file location is right but there is a bug We have never received a report for option 4 except for the flow mentioned in github. Nevert
    2 points
  29. cap

    XRP meme competition?

    Ha! You found them. And four of those (the evolution of money, Batman, the newspaper, and The Future is Ripple) are mine!
    2 points
  30. I do not understand what you mean by RCL used by individuals. RCL in my view isn't to be used as such by endusers. One always needs at least a wallet, a gateway and a connected (private) ledger. Compare it to trains transporting people over a grid of railways, than RCL compares to the railways, digital assets like XRP to the trains, people to fiat and the railway stations to wallets, exchanges, gateways, private (banking)ledgers. Even in peer to peer fiat value moving, one needs a trusted service provider (like a bank) to hold those digital values. Unless we all start exchanging native digita
    2 points
  31. I don't think Ripple is pushing the RCL to be used by individuals on a large scale. It's not scalable enough for that in terms of TX/s allowed, and Ripple are targeting settlement and payments between FIs - there aren't such a huge number of FIs who would want presence on the RCL yet. We, the cryptocurrency enthusiasts are not the whole public, we are a tiny fraction of the population. There can be new Gateways in India with lots of clients but again I expect those to be limited to a relatively small community of cryptocoin speculators. Not FX traders, and certainly not people looking fo
    2 points
  32. when we add another 1.3 billion people from China (Bitbank is going to launch Xrp there in May ) Xrp can be a scarce asset if and when it comes into proper usage. Seems like next few months will be exciting...
    2 points
  33. I would like to add one more thing for fellow members that XRP is going be launched in India by Middle of 2017, I do not have more details as this was informed by miguel, when i asked him about launch of xrp in India and Australia ( for Australia he mentioned it may take by end of this year ) so that is also going to help with the price, because India alone is market of 1.2 billion people. 100 billion xrp is not much even for India alone.
    2 points
  34. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today welcomed the establishment of the Fund’s new High Level Advisory Group on FinTech. ... http://www.imf.org/en/News/Articles/2017/03/15/pr1784-imf-managing-director-welcomes-establishment-of-high-level-advisory-group-on-fintech
    2 points
  35. xourexe

    stellar and ripple

    I've always thought that Stellar could have been perfectly complementary to Ripple, but it's true that the founder undermined his own credibility. It's hard to believe in a project directed by someone who proved to be so irresponsible.
    2 points
  36. Good luck trying to buy Ripple with $150MM ? Valuation on their last funding round was $400MM. And that was before a ton of good news around FI adoption, and XRP going through the roof..
    2 points
  37. Apollo

    A simple request

    Wow, look at those goalposts move!
    2 points
  38. Apollo

    Ripple Validator Profits?

    Now, totally wild speculation. You might be able to further decentralize this process running a UNL selection formula directly in RCL. This would require each validator to publish its own attributes along with knowledge of other validators attributes. Basically, each validator would have to hold its own registry, with verified/unverified designations for the other validators attributes. Each validator selects their preferences, and RCL runs a voting round for the topology. If you didn't like your UNL you could always refuse to participate. Edit: Understatement of the year.... This
    2 points
  39. Apollo

    Ripple Validator Profits?

    Just a guess, but I think there will be a validator registry. (lots of speculating here,) When you run a validator you give the registry what ID and other info you are willing. A list is generated with attributes for each available validator. (Ie. location, identity, jurisdiction, statements of validator policy, uptime, agreement rate.) Instead of directly selecting your UNL, you select attributes you care about. Ie. I don't want any validators from X jurisdiction, I want good agreement rate etc.) Then the registry issues you a UNL which satisfies the topology requirements for RCL. The re
    2 points
  40. Thats fine if there was nothing new and if u read my msg again i u will find that i never criticized Ripple in it. All i said that i did not get any new info and if u look in the past its not the case that they do not share anything new in the lectures, in fact Chris larsen talked about new details in his Davos interview, there was new info shared in DIgital currency group discussion, world economic forum. I guess there is saturation in new information that old members can get now.. lol ?
    2 points
  41. Morty

    stellar and ripple

    Stellar has a bigger distribution problem than Ripple 102,822,735,913 Total lumens (and climbing) 7,163,597,537 lumens not held by foundation
    2 points
  42. I plead guilty of being quite intolerant to nonsense presented as facts.
    2 points
  43. But Fatcat the fact is that for the market does not matter if people get tired, waiting 3 or 4 years in sideways, and if they read every daily XRP news or they know the code behind the technology. The market is so cold about our knowledge, feelings and beliefs. A guy who doesn`t know nothing and bought 1 day before the great pump makes more money than those who lost their faith and get tired - and I am not recommending one to know nothing about his investments. So, its comprehensive that you are questioning yourself what is wrong with people who hold XRPs ("speculators", "whishful thinki
    2 points
  44. I found a detailed article of Consortium. http://goodway.co.jp/fip/htdocs/jod3zqjch-3242/ road map is there. The consortium is a plan to start foreign exchange commercial use in winter from autumn of 2017. And they are plans to start domestic exchange at the end of 2017.
    2 points
  45. It's a shame that good news can't even be recognized and acknowledged on this forum anymore.
    2 points
  46. I have been a trader and investor for the last 20 years. I started very young (the early 20's) and was lucky enough to be around traders and very experienced investors. My luck was not to only to learn from their techniques of trading but to see the emotional ups and downs around their investments. Regardless of one's experience, I have seen how the market can just simply play tricks on your mind. At the end of the day, you will play the market the way you are "wired" and where you stand economically. Whether XRP will go to $1 or $5, I can assure most of you that many will not benefit from
    1 point
  47. Incidentally, if one so happens to feel a particularly keen sense of enthusiasm for a given subject, and are explicitly desirous of transmitting such affectations to present (hypothetical) company through the efficacious and instantaneous medium of verbal elocution, as has been so fortuitously bestowed upon them through the gracious virtue of the fact that they are, probably, lifetime members of the species Homo Sapiens sapiens (thus possessive of the prerequisite thyroid bone + FOXP2 gene etc., etc.), it may well be their heart-felt inclination to extend as far as to say: 'Right, well...!'
    1 point
  48. I am simply trying to automate some reports on my personal ripple accounts using ripple data api and this script for importing json into google sheets: https://medium.com/@paulgambill/how-to-import-json-data-into-google-spreadsheets-in-less-than-5-minutes-a3fede1a014a
    1 point
  49. Mercury

    A simple request

    Respect. Seriously. Not everyone knows where they are coming from or what they are, you owning up to it gives you some big points in my book. Troll on @fatcat, troll on.
    1 point
  50. 1 point
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