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Everything posted by King34Maine

  1. I'm quite sure you can explain your situation (i.e. needs, expectations, time-line, benefits, costs, etc.) with representatives from Ripple's Sales/Customer Success division via the link provided above. They can forward you information regarding the platform to see if you think that your organization would benefit from RippleNet. Case Studies/Content Library: https://ripple.com/customer-case-study https://ripple.com/content-library/ Quick Guide To RippleNet: https://ripple.com/wp-content/uploads/2019/12/RippleNet-Quick-Guide-Overview.pdf Note that when researching ab
  2. Damn bro.....you came back with a vengeance with all of the XRP/Ripple related information....Thanks!!!
  3. Exactly!!! The problem here is that most don't fully understand that XRP is integral to Ripple's overall business proposition and financial products (i.e. On-Demand Liquidity, Line-of-Credit, etc).
  4. Maybe once he starts his new DeFi project Ripple will acquire it and bring him back into the fold.
  5. This was the reason Ripple created the Private CBDC Ledgers. David responded to this on Twitter:
  6. Here's the link to the actual webpage where @Gepster took the screen shot (scroll towards the bottom of the page): https://ripple.com/xrp/market-performance/
  7. RippleX's General Manager, Monica Long stated talks about how the di-separate CBDC Ledgers would run parallel to the XRPL: The exact operational-flow of how the CBDC Ledgers would interact with each other and the XRPL is not known yet. However, as I've said before this is one of the main reasons Ripple developed the Interledger Protocol (ILP). ILP serves as the messaging/interoperability web or lattice that will connect/link things together via connectors. This diagram is an old one from the time when RippleNet was divided into three distinct products, xCurrent (ILP-mediated), xVia (
  8. My guess is that the validator structure would likely be from "in-house" banking and financial institutions of the nation-state. So, for example, only US-based financial institutions and corporations could serve as validators for the US Fed-based CBDC platform. Interoperability will come from the Interledger Protocol (ILP). This is the same technology that serves as the foundational infrastructure for Ripple's permission-based payments network, RippleNet. With ILP, you don't need to have every bank on single ledger. Reading the recent Insights article on Ripple's XRPL-based Private CBDC Ledger
  9. He said near term, which makes sense. I touched on this in an earlier post:
  10. Theses should answer you question. Btw, they are not forking the XRPL. The XRPL blockchain technology is open-source. They are building Private CBDC Ledger based on this "Open Source" blockchain technology. Source: https://ripple.com/insights/ripple-pilots-a-private-ledger-for-central-banks-launching-cbdcs/
  11. Yeah, I wouldn't expect there to be a need for XRP in the short-term for bridging CBDCs either. Actually, I don't expect it for the next few years as there just won't be enough countries with a production-ready CBDC platform to warrant the use of XRP as a bridge within the next few years. In the immediate term RippleNet (i.e. Ripple's private/permission-based settlement platform) will suffice. Ripple is taking the same approach they did prior to launching xRapid (now ODL) back in 2018. Ripple had to build/create their customer-base, a network of banks, FIs, and payment providers, connect them
  12. From Monica Long, Ripple's General Manager for RippleX: XRP can and will be used as a bridge asset in parallel (via Interledger Protocol) to the various CBDC-XRPL ledgers.
  13. Ahh yeah, that makes sense. Kind of an odd way to go about it, but I think that actually would work.
  14. 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
  15. 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:
  16. 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
  17. 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.
  18. 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:
  19. 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
  20. 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
  21. @Pablo thanks for the info. Btw....found the perfect job for you: https://boards.greenhouse.io/ripple/jobs/2601254
  22. @Pablo do you happen to have the link to Bob Way's post regarding this patent?
  23. 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
  24. 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.
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