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ADingoAteMyXRP

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  1. “Also investing in the round were Blockchain.com, Race Capital, Sandia Holdings and PilotRock Investments.” Race Capital — investor in Binance and Settle Network, Citcoin (seems like they could benefit from an institutional custody solution), and Solana for high throughput blockchain app scaling... I’d say they’re most likely to want to use this tech themselves Sandia Holdings — Family investing arm for former hedge fund manager Ian McKinnon. Looks like he’s involved with several Cowen subsidiaries already so this may be passive capital? PilotRock — “PRI is a family investment o
  2. I think it may be one of the reasons they’re staying low profile. Or they may be working with governments on pilots for CBDC custody and would need to keep quiet about that.
  3. The lede is buried a bit in the business wire article, but the big thing we learned is that PolySign has not just built digital asset custody (and world-class encryption and access provisioning to boot), but they have also built what sounds an awful lot like a P2P trade solution. Companies (or governments?) using PolySign will be able to trade or sell their digital assets to one another, settling directly via the custody solution’s built-in escrowing capability without having to go through an intermediary, OTC desk or exchange. But why would anyone want to do that? Aside from the eas
  4. Wouldn't be surprised to see them go public with a SPAC merger when all is said and done, to avoid the additional regulatory overhead.
  5. Oof, looks like he bought the top on DOGE. Goes to show you, even the smartest people can fall for an irrational market. Waiting is always better than Trading imo. His substack article is an interesting read. Similar to my experience at a large company as well -- openings for senior positions tend to be hired in rather than promoted from within.
  6. You must have blinked at the wrong time! (Much like Yoshitaka Kitao). There’s a Standard Custody app on the App Store with some preview images. I think it’s only on Tim Apple’s phones though.
  7. Awesome interview! It did sound suspiciously like the XRPL's solution set. I wonder how many of the similarities are because Ripple is working with the Fed, as opposed to the Fed and Ripple both reaching similar technical conclusions when faced with nearly identical problems... but given the diversity of blockchain solutions out there, I'm leaning toward the former. DS has spoken a bit about how Ripple is creating independently run copies of the XRPL for their CBDC products... it wouldn't surprise me if one of those ledgers was this proof-of-concept. To get a bit tinfoily,
  8. My BS detector normally goes off when I read up on literally any DeFi project. But when I watched this video it exploded.
  9. Yeah, this could potentially be an issue. If they really are burning the unclaimed Spark then I wonder how that will impact the portion of Spark they still hold. They may wind up burning some of their own / distributing it to rebalance the pie. 1B sounds like a lot of Spark that are already pre-claimed by retail, but in the context of the full scale of market-available XRP today it’s pretty low. You have to be super engaged in this space to even know Flare exists yet. Probably one of the reasons for their 6-month window to claim your tokens.
  10. Yep, and the more I think about it the more potential this seems to have. Ethereum can’t get its head on straight, and even if it could they’re planning to launch PoS which is flawed (according to Flare’s argument, we don’t need to get into that here). Copy-pasting would allow for cheaper contracts and faster settlement. It’s a no-brainer for any real business. With that in mind, Flare looks more like an Ethereum fork than an XRP utility fork. Crazy potential.
  11. I think you can use the same address for multiple message keys.
  12. So when is gas used if ever? Is it just to set up the wallet or transfer tokens that utilize gas? A bit of an Ethereum noob.
  13. I don’t know what decade she thinks it is but here in 2020 posting instas of how rich you are is one of the trashier things you can do. Would much rather see her UNICEF receipts, but hey I’m just some guy who still has his humanity.
  14. ODL accounting for 20% of RippleNet volume in Q2! That’s wild. This was before we dropped down to $4M per day. So guessing an average of $15M per day in Q2 puts daily RippleNet volume around $75M... that’s if the ODL tracker is even catching everything (which as we know it wasn’t for a long time. EUR>USD corridor wasn’t in there until long after it launched).
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