xourexe

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  1. https://ripple.com/files/ripple_product_overview.pdf On page 5, it says "Financial institutions have the option of running their own ILP validator and using that validator for all their transactions, or (in future product releases) relying on the network of ILP validators reaching consensus through a byzantine-fault-tolerant (BFT) consensus algorithm." This makes me wonder if they are talking about RCL and is why I've been thinking if this could be a real use case of RCL, a decentralized network of validators providing a source of truth for cryptographic validations for lots of different purposes. That would grant non-speculative value to XRP.
  2. Your explanations part from a supposed market already underway, but in my opinion there must be also something 'tangible' which turns on and keeps feeding the market. I see it like trying to start a car without fuel. Anyway, although I have learned a little about markets in these years, I am far from being an expert on the subject.
  3. Agree. Actually, I wasn't sure that 'hold' was an appropriate word, but I used it anyway. Apart from that, I don't see how ultimately it can depend only on market makers either. Are MM's going to make profits just from other MM's by betting like in a casino? There must be other participants in a market driven by some other real purpose which grants value to XRP.
  4. I have no doubt the plan has been designed thoroughly, however there is something I don't get in that logic yet. Ripple expects XRP to rise in value if it becomes to perform well as a bridge currency, but my logic tells me the opposite: XRP can perform well as a bridge currency only if it acquires real (not only speculative) value first. I don't see how banks can benefit from bridging through XRP if other participants are not willing to buy and hold because it serves no other real purpose. I would like to think there is something else, other use cases which grant value to XRP. There must be some more value in something like RCL, a distributed source of truth with no counterparty risk, and XRP can be the currency to pay for that source of truth. I don't know... I'm just trying to figure that XRP has a solid and unquestionable base which then supports its role as a bridge currency and not merely speculative value.
  5. 👍 Included along with some other links which @namini had collected. @Mercury Maybe you should consider merge namini's thread too.
  6. Latest Ripple Insights: https://ripple.com/insights/ten-new-customers-join-ripples-global-payment-network/ The news in other media: Blockchain Boom Begins: Ripple Locks In 10 More Financial Institutions https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/madhvimavadiya/2017/04/26/blockchain-ripple/&refURL=&referrer= Ten More Financial Institutions Join Ripple’s Global Payments Network http://www.businesswire.com/news/home/20170426005495/en/Ten-Financial-Institutions-Join-Ripple’s-Global-Payments More than 75 banks are now on Ripple's blockchain network https://finance.yahoo.com/news/75-banks-now-ripples-blockchain-network-162939601.html eZforex, Star One CU, Ripple partner to provide international blockchain payments for US banking http://www.econotimes.com/eZforex-Star-One-CU-Ripple-partner-to-provide-international-blockchain-payments-for-US-banking-662474 Blockchain payments firm Ripple signs up 10 more banks and PSPs http://www.ibtimes.co.uk/blockchain-payments-firm-ripple-signs-10-more-banks-psps-1618743 eZforex.com Now Includes Ripple’s Blockchain Tech In Its Payments Offerings http://www.pymnts.com/blockchain/2017/ezforex-com-now-includes-ripple-blockchain-tech-in-its-payments-cross-border-offerings/ Ripple Adds 10 New Financial Firms to 'Blockchain Network' http://www.coindesk.com/ripple-touts-blockchain-standards-push-10-new-banks-join-network/ Ripple talks up network effect with ten banks onboard https://www.finextra.com/pressarticle/69010/ripple-talks-up-network-effect-with-ten-banks-onboard
  7. The video doesn't mention Ripple, but the article from its website does: https://www.bbva.com/en/news/economy/financial-and-commercial-services/fintech/bbva-completes-first-real-time-international-money-transfer-europe-mexico-ripple/ https://www.bbva.com/es/noticias/economia/bancos/fintech/bbva-realiza-transferencias-internacionales-tiempo-real-europa-mexico-ripple/ It also says they are working with R3, Ethereum Enterprise Alliance and Hyperledger.
  8. https://letstalkpayments.com/navigating-the-maze-of-blockchain-consortia/
  9. Great job! @miguel @Tim Thanks for this detailed report!
  10. Yes, the article also says that Ripple has partnered with banks to enable near real-time processing for international remittance and small business payments. Do you think it refers to a new partnership that we were not aware of?
  11. So now the goal is not only to replace SWIFT as a banking standard, but also to become an alternative to networks such as Visa or American Express. Very interesting and positive for XRP.
  12. 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.
  13. Equally sufficient to break the market, and there is no guarantee that he will not have a bad day.
  14. There is someone/something called Satoshi Nakamoto supposed to own 1.5M bitcoins. Is that much different from Ripple's case? At least we know who is behind Ripple.
  15. I have come to the conclusion that it's only a mix of ideology, maximalism and ignorance. I don't do a much deeper reading of it.