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RileySchleinstein

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About RileySchleinstein

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  1. In this thread, I'm not asking for facts regarding Codius, Interledger or the XRP Ledger; I'm specifically asking for statements (about facts) from Vitalik. To give an analogy, I'm looking for Vitalik's testimony about evidence rather than the evidence itself. According to you: 1. PoW distributes coins better than federated consensus. 2. A better distribution of coins allows one to switch to PoS (stake-holder voting) at a later date. That sounds like an argument that people from the Ethereum Foundation would make. Thanks! Do you have a source?
  2. I am asking if Vitalik has ever commented on this publicly. It’s a question about his speech/writing. Has he ever publicly identified weaknesses or limitations with Codius and/or the XRP Ledger? I would love an interview where Vitalik says something like this: “Feature X was not possible with the Bitcoin ledger or the XRP Ledger, so I created a new PoW ledger. I chose PoW instead of XRP’s federated consensus because ....” Vitalik could have forked the XRP Ledger and created something like Stellar (yet optimised for smart contracts). Why did he choose PoW for Ethereum over something like the XRP consensus algorithm?
  3. Why didn’t Vitalik create a smart contracts platform for the XRP Ledger? Why did he instead create a new PoW blockchain for smart contracts? Has he ever spoken about that in public?
  4. Does anyone have a text or a video in which Vitalik Buterin explains why he chose to create a new PoW blockchain instead of developing a smart contracts platform for the XRP Ledger? Vitalik applied to work at Ripple, and he wrote an article about the XRP Ledger for the Bitcoin magazine; so he was obviously interested. Has Vitalik ever identified Codius's weaknesses (as of 2014) in public? Has he ever explained why he created Ethereum from scratch?
  5. If xPool is an abandoned name, does anyone know if the name’s referent still exists? Does it have something to do with Interledger?
  6. I didn't add negative factors to the list. Thanks for that. No one can rule out the factors you added with absolute certainty.
  7. That's true. I'll rephrase. In 2025, XRP might be considered a good long-term investment (2015-2025) but not a good mid-term investment (2020-2025). There are too many variables at the moment. We can't yet assert that high ODL volume = high token price. We are reduced to speculating about multiple factors: More ODL corridors -> higher ODL volume -> higher token price Central banks increase the supplies of USD, EUR, JPY, etc. -> fixed-supply currencies like BTC, ETH and XRP become more appealing Fiat currency inflation -> gold rush -> eventual over-valuation of gold -> digital currencies appear less risky Crises re. paper gold and custody issues -> digital currencies appear less risky BTC goes bonkers again -> BTC exchanged for ETH, XRP, etc. Major banks or tech companies (Apple Pay, Samsung Pay, etc.) announce the use of ODL -> higher token price, driven by both utility and speculation Anyone is welcome to add more factors to the list.
  8. Yes. Many asset classes are down now due to the coronavirus and the oil price war, but most digital assets are really down. Maybe XRP (as an investment) will be considered a mistake in a few years time, even if ODL is a widespread success.
  9. Will XRP holders from the $1 era ever break even? ODL seems to work just fine for Moneygram and co. with a 17-cent token.
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