T8493

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  1. rippledigital liked a post in a topic by T8493 in Value of XRP by 2017   
    Computing power is not free. Have you checked the prices of compute nodes on Amazon AWS recently?
    And if you're doing the same calculations over and over again (so that you can be sure that one node didn't calculate your value incorrectly) it is even more expensive.
     
  2. rippledigital liked a post in a topic by T8493 in Value of XRP by 2017   
    Most of the cryptosystems are "breachable". The main question is only when this will happen. The only exception that I know of is one-time pad and similar cryptosystems that have the property of "perfect secrecy".
    Cryptographic schemes often consist of cryptographic primitives (hash functions, etc.) that can be easily replaced if there's a realistic chance that these cryptographic primitives can be broken. However, if there's a big mathematical breakthrough in e.g. discrete logarithm problem, then the whole classes of cryptosystems will need to be replaced.
     
    I can't comment on the rest of your post.
  3. rippledigital liked a post in a topic by T8493 in Value of XRP by 2017   
    Be careful with the phrase "provably secure". It has a very specific meaning in cryptography. ECDSA (signature scheme used by Ripple, for example) is not "provably secure" unless you make some very strong assumptions.
     
  4. RDS liked a post in a topic by T8493 in Value of XRP by 2017   
    This is crypto. Everything can happen in crypto. "Black swan" types of events are happening all the time. XRP was worth 0.1 USD before, why it can't be worth 0.1 USD again?
  5. T8493 liked a post in a topic by Duke67 in 6 superstitions concerning XRP   
    Dear @ElMoskito, I am sorry but you are WRONG.
    I did not intend to go open with this, but your furious and nervous comments force me to tell you a little story of my own validator that I am running since about October 2016. I am not a Ripple employee and never was. After I set the machine up (~2 hours), the node was accepted within some 30 minutes. My impression was that it all was fully automated. Currently it has 21 valid connections to other validators and nodes.
    You can go, pay a few bucks for your very own virtual machine, buy some cheap certificate and within a couple hours a new validator called "ElMoskito" can be running too!
    How would that be possible if RCL is centralized in the way you try to suggest?
  6. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  7. T8493 liked a post in a topic by JoelKatz in FUD or Legit?   
    Someone named rancymancy posted an awesome response on reddit:
     
  8. Duke67 liked a post in a topic by T8493 in FUD or Legit?   
    It is very hard to definitely tell how secure boost is, but boost libraries are peer-reviewed and highly regarded in the C++ community. They're also widely used, and often they represent reference implementation which is later incorporated into the C++ standards (i.e. C++ 14, C++ 17, etc.)
     
    Other libraries that @Sukrim mentioned (snappy, Ed25519, etc.) are probably more problematic in this respect. However, snappy has been used by Google and other open-source projects for quite some time and it probably works fine.
    But Ed25519 - for example - is not standardized at all and it wasn't scrutinized as much as other signature schemes (ECDSA with standard curves).
    EDIT: there are maybe other possible "vulnerabilities" in the Ripple signature scheme - for example, use of RFC6979 in some libraries. RFC6979 is less reviewed than other cryptographic primitives. However, if they knew something about RFC6979 that the rest of the world doesn't know, that would be worthy of an academic paper and they wouldn't just include it as one of the 223 high-risk problems.
     
     
     
  9. T8493 liked a post in a topic by DrStrange in Withdrawal BTC from btc2ripple.com   
    They are just trying to cloud the issue. The point is that they have to allow withdrawal because they promised to give the BTC back. Nationality and amount of BTC do not matter. Pacta sunt servanda!
  10. winthan liked a post in a topic by T8493 in Withdrawal BTC from btc2ripple.com   
    I doubt I can provide any useful insight. This is beyond my field of expertise (IT/Insurance/Personal Data Protection).
    I'm not even sure that an EU law applies in this case. Didn't SnapSwap have a company in the US?
    @DrStrange,  first try to figure out which company issued your IOUs (SnapSwap EU or SnapSwap US?) and which company owns your "real" BTC. SnapSwap EU must respond to this inquiry.
    You have the "right to access" under the EU Data Protection Directive 95/46/EC. If they don't give you your personal data, file a complaint with the Luxembourg ICO.
    They could also get into a lot of trouble if they had transferred personal data between SnapSwap US and SnapSwap EU (especially without the explicit consent of their users).
    I would also file a complaint with their financial regulator. But I doubt they can do anything (except issue a public warning which will be also translated and published by regulators in other EU countries).
    The SnapSwap.eu certificate shows the following information:
    O = SnapSwap International S.A.
    STREET = 59, Boulevard Royal
    L = Luxembourg
    S = Luxembourg
    BTW: if your contract with SnapSwap didn't contain provisions regarding the legislation that applied, it could be a problem to find out in which country you have to sue them.
     
     
     
  11. Haydentiff liked a post in a topic by T8493 in Applicant Tracking Systems (job applications)   
    If you would send them docx file, then probably not.
    But you'll probably have to embed your (special) fonts in a word document.
     
  12. Haydentiff liked a post in a topic by T8493 in Applicant Tracking Systems (job applications)   
    This is true, but it depends mostly on how PDF files are produced.
    Text in PDF files can be converted to paths ("graphics") and then they can't "recover" it back. But even if the text is not converted to paths, you can have issues with ligatures ("fl" is inserted as one letter "fl" and not as two separate letters f and l). Some software can't handle ligatures at all.
     
     
    Yes.
  13. T8493 liked a post in a topic by theshadow in "The Ripple Network is a network of ILP Validators"   
    and a very useful library it is
     

  14. T8493 liked a post in a topic by Sukrim in Alternative MM program   
    How would those gateways be selected and how is this beneficial to the eco system, especially if new gateways would like to enter the market and then face subsidized competitors?
    Which gateways actually lack liquidity in your opinion and do you have any indication that there would be increased activity if there were smaller spreads?
    How would Ripple Inc get XRP back from users who break the contract?
  15. kanaas liked a post in a topic by T8493 in GateHub 2016: A Year in Review (Email)   
    How will GlobalID become a worldwide identity standard?
    It is run by a single US company, and the big question is whether EU companies can even use such services outside of the EU (Safe Harbor Privacy Principles were overturned recently).
    It looks like GlobalID (a US corporation) can access personal data (GateHub names) that are stored by an EU-based company (GateHub). 
    So how does this relationship work exactly? Can someone try to claim my GateHub name? Can someone check whether my GateHub name is "registered" with GateHub?
     
     
     
     
     
  16. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  17. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  18. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  19. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  20. cmbartley liked a post in a topic by T8493 in What are your views on XRP?   
    I agree that Ripple is in many ways (technically) superior to Bitcoin.
    But I think the main reason why Ripple ecosystem is so small (or basically almost non-existing) is that people (developers, investors who would invest in the development of software solutions, etc.) perceive XRP as an extremely risky asset. Risky in terms of adoption, risky in terms of price (price can easily drop 50% and no business will want to hold an asset that can drop 50% overnight), risky in terms of support from Ripple Labs (what if Ripple Labs decides to abandon RCL overnight?).
    I know three or four Ripple projects which were put on hold for the above reasons.
    Maybe Ripple could somehow make CrossCoin Ventures a little bit more active. And maybe CrossCoin could sponsor some features (wallet, secure storage of private keys, etc.) without the overhead of a "real" company.
     
     
     
  21. T8493 liked a post in a topic by Vinnie in What are your views on XRP?   
    Talking only about XRP and not even mentioning the other cool features on RCL:

    * XRP transaction settles on the ledger in a matter of seconds
    * The fees for sending XRP are incredibly low
    * There's no artificial limit on the "block size"
    * RCL doesn't waste energy on mining
    * XRP is not involved in shady dark web markets or criminal activity
    * Its in Ripple's best interest financially to be a wise steward of the crypto-currency
    This is an important point, because of the large XRP position held by the company. There's been a lot of speculation about motives but if you think about it logically, XRP is a valuable asset and it would be foolish to sell it recklessly while holding large quantities. Its in the company's best interests to act in a manner that is ethical and productive - harming the community of XRP holders is not a viable long term plan.
    * Although RCL is still moving towards decentralization, its in Ripple's best interests to operate validators ethically
    Its in Ripple's best interests to make sure that RCL operates ethically and fairly. Taking action that runs contrary to the spirit of a decentralized system is again not a viable long term plan. Look at Ethereum, they forked the network because they didn't like one of the contracts. And this, from a system which is supposed to enforce "code is law?"
    * A hand-picked all star development team with over two centuries of collective experience.
    * RCL is backed by a company that can afford to pay developer salaries
    This last one is huge. Right now Bitcoin is going through a governance crisis. You've got the Core team which has been co-opted by Blockstream, they are paid by Blockstream, there's a massive conflict of interest. They won't increase the block size, and instead they are peddling this massively overcomplicated Segwit, for what appears to be ulterior motives. The opposing consensus is that they are intentionally limiting the performance of the Bitcoin system to make their commercial alternative (Lightning network) more appealing. And then you have bad actors which own all the social media for Bitcoin. The bitcointalk forum, the bitcoin subreddit, the bitcoin website, and the official bitcoin GitHub repository. Censorship rules the day on these sites.
    * Anyone can develop software that runs on RCL
    There's plenty of documentation on the wiki, and RCL is open-access. Want a better wallet? You can write it. Shopping cart? Nothing is stopping anyone from building applications that work with XRP. They can build exchanges, e-commerce applications, the sky is the limit. Has been from day one.
    I think that if you compare XRP to BTC at this moment in time, in many ways it is superior. As a pure cryptocurrency XRP has many appealing features. All this and we have not even said a word about the non-XRP features.
    I have also not mentioned any of the company's publicly stated plans such as ILP or the MM program (and these plans are great). If you look at XRP all by itself just with what's already there, its a great cryptocurrency and competes quite favorably with the others. XRP can fill all the use-cases that Bitcoin can, and do a better job of it for the reasons stated above. If people are excited about Bitcoin they should also be excited about XRP.
     
     
  22. T8493 liked a post in a topic by Warbler in Is the Paypal activation actually sending XRP to a newly generated wallet?   
    100 XRP from Poloniex already activated your account.
    I guess you started activation process on bithomp before you sent money from Poloniex, so when you paid PayPal your account was already activated by Poloniex,
    Bithomp don't send XRP automatically for already activated accounts (if payments comes from PayPal).
    Bithomp don't allow to activate (send 25/50XRP) to already activated accounts (accounts with balance), but if you start activation before account activated and pay PayPal when account already activated by someone else, then such payments would stack for manual check
    Now you have your 25 XRP...
  23. T8493 liked a post in a topic by enej in I'm still "Computing for Good"   
    That's a great idea @kanaas, we are definitely interested in working with Ripple on such program!
    Back in 2014 I participated as well and loved it very much. But then I started working on GateHub and ...
     
     
  24. T8493 liked a post in a topic by winthan in Vote to add XRP on Coinbase   
    It logs only Timestamp and Answers option for the Question. Here is the PoC. So, please vote you can change 'votes = 1000' to any voting numbers you want  

  25. T8493 liked a post in a topic by winthan in Vote to add XRP on Coinbase   
    The Google form doesn't log for IPs, I have been tested out. if you don't have the any error (403) after running the scripts, your votes count