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King34Maine

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  1. Ahh yeah, that makes sense. Kind of an odd way to go about it, but I think that actually would work.
  2. If you have a Medium subscription, I found this post to give a pretty good breakdown: https://medium.com/hackernoon/non-fungible-tokens-explained-with-blastoise-and-charizard-2ee391fb2991
  3. TBH, I didn't know that it could be done either. I only found out via a Tweet from XRPL Labs: They actually have an intern will be presenting his graduate-level research/dicertatcion on the issuance of NFTs on the XRPL. I'm actually looking forward to hearing his findings on the subject matter:
  4. I think there's something substantial cooking over at RippleX and RippleNet around smart contracts. I can't quite figure out how all of the pieces will fit together, but I believe it will be multifaceted. We know that L1 (i.e. on-ledger) smart contract functionality for the XRPL is being developed by XRPL Lab (creators of the XUMM App), called Hooks. The lead developer for the proposed amendment is Richard Holland. Here are a few blog posts explaining the functionality of the proposed amendment: Hooked #1: Smart Contracts on the XRP Ledger Hooked #2: Hooks & Security (Smar
  5. I agree!! Nothing will happen until well after Gensler is appointed and has had ample time to get up to speed regarding this case. We probably won't know/hear of any kind of settlement until most likely the 2nd quarter at the earliest.
  6. The SOC-2 certification has nothing to do with XRP, but the overall integrity/viability of the RippleNet platform. I briefly provided some commentary regarding the SOC-2 certification here:
  7. There are actually two types of SOC-2 Classifications: Type-1 and Type-2. According to Ripple's VP of Product, Amir, RippleNet only has the Type-1 certification established by the ASEC Trust Information Integrity Task Force based on the Trust Services Criteria criteria (TSC). Both certifications report on the non-financial reporting controls and processes at a service organization as they relate to the TSC. However, the SOC-2 Type-1 report is only a confirmation that certain parameters/controls are in place and are operational at a service organization at a specific point in time, whereas a SO
  8. Actually, native or L1 smart contract functionality for the XRPL is being developed by XRPL Lab (creators of the XUMM App), called Hooks. The lead developer for the proposed amendment is Richard Holland. Here are a few blog posts explaining the functionality of the proposed amendment: Hooked #1: Smart Contracts on the XRP Ledger Hooked #2: Hooks & Security (Smart Contracts on the XRP Ledger) Hooked #3: Tech Preview Release (Play with Smart Contracts on the XRP Ledger!) Hooked #4: Every Microsecond Counts
  9. @Pablo thanks for the info. Btw....found the perfect job for you: https://boards.greenhouse.io/ripple/jobs/2601254
  10. @Pablo do you happen to have the link to Bob Way's post regarding this patent?
  11. Some exchanges are allowing their customers to trade, what I refer to as "Spark IOUs". Think of it like a loan in some respect. These exchanges are allowing those individuals who are claiming their Spark tokens via their platform to trade using Spark IOUs. They (exchanges) can do this because they already know what percentage of Spark tokens each XRP account on their platform will receive. There's no Spark IOUs for those who decided to self-custody via a hard-wallet. You will have to wait until the network is actually launched in Q1 or Q2 of this year when the initial 15% or 20% token distribu
  12. I've heard ppl speculate/make this argument, however, I don't think that this is the case. David Schwartz explained that Ripple's XRP holdings were secured on the XRPL ledger itself via 55 "Escrow" accounts. Ppl are confused about what Polysign is/does. Polysign is a fintech company that's building an institutional-based custody technology platform for entities (i.e. banks, trusts, FIs, etc.) to use to build their respective custodial platforms.
  13. My guess is that they didn't like the settlement agreement that was being offered and/or believe they can get a better deal from a Biden appointee. Also, the pre-trial conference is slated for February. At this point, both parties can still settle this thing without going to trial:
  14. Yeah, a Court Decision would be best for the industry at-large. However, my gut tells me that Ripple wants to get this thing behind them as quickly as possible!! Maybe if this was 4 years ago they would've been more inclined to fight, but Ripple has been in limbo for the past 4 years with respects to offering their ODL solution to US companies, banks, and FIs. I think they would much rather opt for a quick and fair settlement. Tbh, it's my opinnion that had Ripple been offered a fair settlement from the SEC, this thing would've been over and done. It's my belief that SEC wanted to take this to
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