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  1. Depends on what you're asking: the network should continue operating normally, but server operators would be justified in taking decisive action. As for the network, individual servers would continue operating, collecting validations and running the consensus engine. If a sufficient number of validations from validators on a server's UNL were received, that server would advance its ledger. If not, the server would not. For servers using the UNL currently published by Ripple (which currently includes a total of 38 validators), the remaining 32 non-Ripple validators would be enough to co
    13 points
  2. But when you are......
    12 points
  3. https://u.today/japans-new-prime-minister-chooses-ripple-board-member-as-his-economic-advisor
    10 points
  4. @BillyOckham's analysis is correct: 80%—the quorum requirement—is a threshold for consensus defined in the code. The developers chose the number 80% based on the best understanding of the nature of the problem and the overall algorithm's behavior in various theoretical and tested circumstances, and (I believe) because 80% is an easy number for humans to understand. The XRP Ledger's protocol is designed so that each server operator can choose their server's UNL based on their own ideas/rules/parameters. It was always known that servers that have very different lists from each other wo
    9 points
  5. They just posted a position for someone to work on some kind of loan product. https://medium.com/@KarmaCoverage/how-xpool-may-work-an-attempted-guess-daf3674f17c7 I personally think that all these network businesses (Goog, fbook, Amazon, etc) make money from monetizing the identification of a Route (Ripple's shortest path algorithm) through the network, and then the movement through the network of the data/objects/value. Right now the only monetization that Ripple Inc has is annual software to banks and FIs, as well as their XRP. The reason I think it is almost 100% guarantee
    8 points
  6. My assumption regarding this is that NYDIG could very well be a partner utilizing a "White Label" version of Polysign and/or Standard Custody and Trust blockchain/custody technology. David S. was asked about his involvement with Polysign in a recent online panel. Take a look at their leadership roster. Who's NYDIG's Head of Regulatory Affairs - Benjamin Lawsky. Here's his LinkedIn profile.
    7 points
  7. Bitcoin has been above $10k for49 out of the last 56 days and has currently been above $10k for 12 straight days. Bollinger Bands are tightening. Hash Rate is 4th highest ever. Progress continues. If Bitcoin breaks to the upside after this consolidation $10k will be set as the floor.
    7 points
  8. Looks like Bitcoin is consolidating just under $11k. Bollinger Bands are tightening, low volatility now you guys know the game after these periods there is always a break out one way or the other. $10k looks to be a pretty solid floor though and Bitcoin has had 8 solid days over $10k. Also the hash rate is the third highest it has ever been. Also NEO is killing it.
    7 points
  9. I think conspirationists typically have a lower IQ score. Welcome to my ignore list. Bye
    7 points
  10. Yoshitaka Kitao becomes an economic advisor to Japan's newly elected prime minister !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    7 points
  11. It's analogous for the reasons I mentioned. I don't need ownership rights or dividends based on my expected risk adjusted return over a 6-9 year hold. I also feel that Brad spoke too soon regarding certain milestones which required regulatory approval. They missed these milestones and because of delayed regulations they have had to adjust their strategy. You seem to be concerned for the value of your holdings based on certain statements that were made and didn't come to fruition. These weren't lies they were expectations. What most fail to grasp is that what Ripple (and XRP as
    6 points
  12. Bitcoin got a little bit of a move to the upside yesterday and now a little bit of a move to the downside yesterday. Still is low volatility mode. Bollinger Bands are tightening. Waiting on the move. There were a few bigish dumps on the one minute chart which were eaten up but moved the price about $100. If I had to guess I'd say we end flat today.
    6 points
  13. Well, in the 20th Ripple Drop episode (03:00 - 03:40) Brad G. talked about how Ripple was in very strong position financially and that they were considering making strategic investments and/or possible acquisitions this year. If we take a look back at the end of 2019, Ripple announced the acquisition of Algrim and Logos towards the end of September. We're quickly approaching the tail end of September. If they continue this trend, we could hear some news shortly regarding acquisitions. I'm thinking their acquisitions will be more so for shoring up engineering staff for the development o
    6 points
  14. Bitcoin's price is taking a breather from the run up the last three days, but I'm not totally convince the day won't turn green for Bitcoin. XRP is up which is nice and ETH is making a 4% move. I've been saying it for a while like ETH below $400.
    6 points
  15. Exactly!!! Like Brad G's mis-guided assumptions about banks custodying digital assets in 2018, this is a perfect example of how expectations do not always align with the current state of affairs. I have no doubt that David S. expected ODL corridors to have been further along than where it currently is, however, like Brad, he couldn't have foreseen that crypto regulations would take so long to come to fruition or having to navigate the growth of the business through a pandemic. Listen, shit happens!! Timelines and expectations are not set in stone and can and may have to change in the face of u
    5 points
  16. I see the sense of entitlement crew are present.
    5 points
  17. Easy there... I have no clue where and when you said/discussed the utility scan site is not reliable. I don't follow you around every topic to see what you have said and tbh with your attitude not sure I want to. Maybe the website is not reliable but the onus is on you to tell me why it is not reliable technically since you made the claim. So far it is the only option we have to try to track ODL and i have spoken to @mouradskiand I like the methodology he applies on how he tracks ODL and for me I will take his technical explanation over some dude screaming unreliable and demanding others agree
    5 points
  18. Really bullish looking chart for BTC. Low volume retest of the MA10 and bounced nicely off of it. Looks like we had our cycle low and have a clear uptrend ahead. MA10 just crossed the MA20, a classic bull sign. I agree with what was said above that the only thing standing in the way would be a stock market dump. It's possible that the S&P 500 put in a daily cycle low on Friday, in which case we might get rising stocks along with rising BTC. Monday's action will be very important.
    5 points
  19. seems to have taken 11k now,
    5 points
  20. I don't think Ripple missed the DeFi boat at all. Ripple's approach to DeFi, in my opinnion, will be completely different than what's currently going own right now. DeFi, as we know it today, primarily represents only retail investors dabbling about aimlessly trying to find their footing. David Schwartz touched (47:52 - 49:08) on this in a Fireside chat with CoinTelegraph this past June. Through RippleNet, Ripple will/can offer many services like the XRP-denominated loan product (already in the works) as well as DeFi services and offerings to INSTITUTIONAL clients. This is where the REAL money
    5 points
  21. Bitcoin has now spent 13 days in a row above $10k and the hash rate remains high. The price is in a channel right now, volatility is settling down and the bollinger bands have flattened out. All of this usually means a set up for a move. The increase in hashrate (ATH was hit Sept 13th) makes me think it will be a break to the upside. Here is the overlay of BTC and DXY. There is certainly a relationship but I don't think it's a simple as - Dollar Down Bitcoin Up, Dollar Up Bitcoin Down. BTC/GLD is also below. I guess it could be said they are both generally moving up. I d
    4 points
  22. I think it's partly that Polysign isn't quite ready yet – but also part of a strategy by Larsen to draw attention to XRP on a big, institutional stage – "Oh, well if billionaire Larsen is keeping crypto here, it's legit" and the exta benefit that it shows large amounts of XRP can be safely transacted and stored in custody at NYDIG. He also has billions to spare so I'm sure at some point Polysign will get some love. Or what @King34Maine said: it's using Polysign tech under the hood.
    4 points
  23. I called 11 cents a while back. I'm rarely wrong. The chart speaks for itself. Zoom out and you'll see a clear pattern develop over the last 3 years. We don't need 500 odd pages of charts and lines, everyone can see where we're headed and the pattern hasn't changed. There are absolutely no signs whatsoever of this changing anytime soon.
    4 points
  24. Beat down let's see if $10k holds.
    4 points
  25. There wasn't an official announcement made, only a job listing posted on Ripple's careers webpage. Folks in the community got wind of it and various crypto news outlets also picked up on the job listing as well. The position was posted some time early May, but was filled fairly quickly like in July, I believe. I found the closed LinkedIn profile for the position here.
    4 points
  26. They could make their page even better by applying heat colours to the currencies and flags. At the moment it’s sometimes a bit hard to see what the currency was. I would suggest they flare the currency and flag up in colour (eg blue hot down to red hot down to orange) reducing over time and brightness depending on throughput. That would make it prettier and let you see at a glance what currencies are running hot. I don’t have social media so can’t easily contact them. Please feel free to suggest it if you think it’s a good idea and you have a social media account.
    4 points
  27. For the benefit of all the new girls and guys reading this thread... If you do get a "hardware wallet" like a Ledger, your XRP tokens are not actually "stored on it." You could throw it into the ocean, and your XRP will still be accessible... ONLY IF you have backed up the secret key of your actual XRPL account, where everyone's XRP tokens are tracked and recorded. Some devices like the Nano Ledger support recovering access to your XRP tokens by means of a series of words, which necessitate acquiring a new Ledger device to replace the lost one. IF you have the XRPL secret key (
    4 points
  28. Crypto Eri new video is all about Kitao. He give background about this news which is still speculative. The new prime minister is establishing a "Digital Agency" and has been getting advice from Kitao.
    4 points
  29. Hi doopers, I'm always happy to share my observations on Bitso's trade activities, I do monitor its hourly patterns daily. And today is the perfect time to review the last 60 days of volume in particular, because of the last of the "high treasuries traffic" is about to roll off the chart (see below). Regarding hourly patterns: There are three core components I've noted: 1) one to two big volume spikes a day, REGARDLESS of day of week. 2) Small near to zero activity otherwise during weekends/holidays. 3) fairly uniform trade EVERY hour of the 24 hour day (see hourly chart below). RE
    3 points
  30. A published UNL reflects the publisher's recommendations, based on whatever criteria the publisher has and information available to him or her. Such judgements represent a given moment in time and have a shelf-life. They shouldn't be "perpetual." It would speak volumes if nobody cares enough if no UNL were published to actually go and publish their own. Inertia is a horrible thing. It is, in fact, deleterious to things that are open to anyone but belong to nobody. Codifying inertia would be tantamount to a death knell, in my opinion. Please don't feel this way: it's great
    3 points
  31. I applaud your effort to quantify it but I seriously doubt it is possible to achieve a sensible result of any prediction in this area. It is almost a binary thing I think. Either XRP will wallow like the present and dribble out till the world loses interest, or it will at some point experience exponential growth and the whole landscape changes. At that point any trends predicted using the pre growth data will be obsolete. So to me any escrow analysis at this stage is pointless and fruitless.
    3 points
  32. Not to beat a dead horse on this topic but anyone with any experience investing at the seed stage across most verticals can expect their investment to be completely illiquid and tied up for 7-10 years before a profitable exit. You can certainly draw parallels to XRP being at the seed stage in 2016. Sure, it was created several years earlier but the market wasn't ready and the plumbing wasn't ready until 2016 to start marketing and laying out use cases for its promising utility. While I, too, didn't discover and decide to invest in XRP until 2017 my mindset with it is to pretend my zerps are
    3 points
  33. Agree. Bloggers and bots are cheaper than real profitable bussinesses with revenue. I bought xrp in 2017 and holding since then. Not planing to buy any more XRPs. We have given them enough credit and time. It is time for Ripple and Mr. Garlinghouse to show results. We have had enough tweets about politics, equality, shitty podcasts with JK and other subjects...
    3 points
  34. If you download Bithomp Tools to a usb stick, extract it on to your laptop and open the html file in your laptops browser, you’ll be able to generate an XRP key-pair and do the account set transaction. To test, send 25 XRP from Kraken to the new address and then try an offline transaction with your new wallet and send 5 XRP back to Kraken. You’ll need a QR code reader on your phone. Most modern phones have them built in to the camera app. Edit: Once you’ve generated the wallet and tested that you’ve wrote down the key-pair correctly and done the test transactions back and fore t
    3 points
  35. No offense, but "delusional" is a big word to bandy about. I have run my own business for forty years now and I think I am known for my calmness rather than letting fantasies get the better of me. OK, I will take this: In the present environment it might be construed as delusional to call XRP a "store of value" maybe it is a word thing? ( every investor in XRP is putting in saved money in the expectation that the value of their investment will grow; are you calling every investor in XRP "delusional"?). But lets forget about that use of the phrase "store of value", it is not del
    3 points
  36. Alessio's piece last night made a good case on a BTC bull run about to launch. Except... (the threat of a stocks crash dragging it down) Note, his TA was mainly based on the 21 WEEKLY MA and the recent breakout - matches up with the past's similar ones.
    3 points
  37. Originally bitcoin was criticised for being slow, having too few tx's per second, wasting electricity, having no utility. Satoshi insisted that it didn't matter and that in the future he could introduce a hardfork to introduce those features. By the time it became obvious BTC could not scale satoshi was gone. People demanded a fork but the BTC die hards refused saying it wouldn't be the real bitcoin. Improvements can not be introduced into BTC because if so, it's not the real bitcoin. Bitcoin cash, Bitcoin-sv ect were all attempts to improve the network but every time BTC die hards stuck t
    3 points
  38. Close a weekly candle above this range and it's time.
    3 points
  39. Your comment is very on point. I'm dying to see an alternative method for achieving this "working capital loan" product. It's been a long while since I had all that stuck in my head, but I think I got the fundamentals inline with what the tech can actually do. In this scenario Ripple Inc does become analogous to a Central Bank for XRP... and everything is 100% backed, no fractional reserve. “How xPool may work? An attempted guess” by KarmaCoverage https://link.medium.com/F18mBDqoU9 --- A "cross chain Uniswap", sounds a lot like FXRP, which is basically an XRP/Spark SW
    3 points
  40. 3 points
  41. By definition you are overly optimistic. You have voluntarily, in spite of repeated warnings, invested and remained invested, in bankster scam coin XRP while all of crypto, all chart action, indeed the entire universe, yells at you to stop being foolish. Me too. (Remained invested in XRP that is...)
    3 points
  42. US banks barely trust each other too, hence the 2019 repo debacle, no one trusted anyone else to pay them back. Jim Rickards made a good point about currencies and that whoever Satoshi Nakamoto is/was didn't really understand monetary policy. By capping a currency, to any number, you make it inelastic; there's no way to adjust for inflation or deflation. You get abuse both ways, the Fed can debase/inflate the USD or BTC can deflate to the moon. It's a naive solution from someone who didn't really understand that you can't just do the opposite of inflation, lock it into the protocol and
    3 points
  43. @Cesar1810 Changing the ‘gramatica’ helped a lot. Thanks
    3 points
  44. Yes I was wondering that too. On fiatleak there didn’t seem to be big Japan volume... but that was just one look at one moment. But elsewhere in the world would know the advantage for XRP of having Mr Kitao in there.
    3 points
  45. I wonder if this is what precipitated the XRP spiking that started around 22:00 (a few hours ago)).
    3 points
  46. I have a friend who goes and meets with known paedos on a regular basis. I don't think that makes him guilty by association, though. It's just part of his daily routine of being a prison guard.
    2 points
  47. kanaas

    SWIFT, anything new?

    Still the same old whine .... instant transactions with prefunded accounts for settlement
    2 points
  48. He is saying you have six months after Dec 12th to claim Spark. Has nothing to do with issuance... which will occur when the network launches or as soon as the network registers your claim. All of this can be found in the FAQ on flare.ghost.io
    2 points
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