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About Rabbit_Kick_Club

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    Chatting about XRP
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  1. Thanks to everyone for all of the support and encouragement. I'm honored to be selected alongside someone as awesome as Wietse (@xrptipbot), particularly given the incredible ways that he contributes to the community as well as the broader XRP ecosystem.
  2. ^^ That is a great site. @jn_r also posted JS to parse vl.ripple.com here: https://www.xrpchat.com/topic/24595-validator1worldlink-uscom-makes-it-to-ripples-recommended-validator-list/?tab=comments#comment-437973
  3. As of today, Ripple is carrying on with their decentralization plans. They have now added two non-Ripple validating nodes to their recommended UNL: Worldlink-US and Flagship Solutions Group. Consistent with their strategy, they have removed one ripple.com validating node. Even before decentralization started, it would have been possible for independent nodes to over rule Ripple's validating nodes, as they were vastly outnumbered.
  4. You make wonderful points about the importance of online diversity, and I agree. I'm worried that, without substantial oversight/regulations, all pay to play systems ultimately become concentrated among a small number of massive players. I'm personally more bullish on a solution that entirely (or at least largely) eliminates ISPs. To be clear, I think that, while intriguing, streaming payments for bandwidth promotes the same closed internet as ISPs are now permitted to build.
  5. This is deeply concerning to me, and I do hope that we see some sanity from Congress, although sanity there seems like a long shot. I've come across a few news articles on p2p/mesh networks, that seem promising w/ regard to developing a system around many ISPs, although they still rely on backbones, at least for now.
  6. This is an interesting question, @Mercury, and one that I have also been thinking about, particularly in the context of metered utilities. For example, electricity, gas, and internet could all work on ILP to debt payments for services as they are used, and utility companies could be paid live. I pay for a relatively fast internet connection, however, I rarely require the full bandwidth that I can access. It seems like it could be beneficial for me pay for the actual bandwidth that I am using, as opposed to the current model when I pay for the maximum possible speed. At the same time, how many toll points would there be? Would every router operator be able to charge a toll? Would larger ISPs be able to out compete others, forming a relative monopoly that is capable of censoring the internet? I have to imagine the ISPs with the most infrastructure would be able to charge lower rates, and people would prefer using the cheapest routes. I do worry about the threat that net neutrality poses to a number of different services. I could see ISPs claiming they are justified in blocking XMR mining, since a surprisingly high number of apps/websites are seemingly covertly mining.
  7. I have posted a video that includes some highlights from @hammertoe's interview with Tai Zen yesterday. This (and/or the full interview) is a must watch for anyone who wants to better understand the XRP ledger!!!
  8. I'm glad David clarified in the other thread, although I do wish I knew I didn't actually witness the first live xRapid demo before I posted about it:
  9. I attended the demo, and the address bar of the browser that they used for the demonstration indeed had a localhost address, which isn't surprising to me. I assumed that they were running a user interface locally (i.e., a local web server hosting the webpage used in the demo) that made api calls to a remote xRapid API server. In other words, I think the address was referring to the interface, not the actual xRapid product. I assume most customers don't have a need for a UI, since they want to integrate with existing products/services.
  10. I'm not positive, but I wonder if they use a private payment channel for xRapid transactions.
  11. No idea! Ripple was giving them away at Consensus and Community Night.
  12. I don't actually know if escrow is used at all in the process, as I am unclear on the need to guarantee that transactions happen simultaneously, or that funds are available beyond an exchange reporting they are available at a given rate. This product uses exchanges to trade XRP for fiat, which already inherently requires trust that can't be mitigated by an escrow. In other words, the escrow feature works on the ledger, which is only used to send XRP from one exchange to the second.
  13. I saw Ripple's xRapid demo at Consensus, and I wanted to summarize what I saw for everyone on XRPChat. xRapid is an easy to use API that provides an end to end solution to facilitate payments or value transfer across two currencies. It sources liquidity from exchanges to deliver the recipient's preferred currency into the recipient's preferred account. The demo consisted of: 1. Obtaining quotes from exchanges 2. Converting USD to $XRP on exchange A 3. Sending the XRP to exchange B 4. Converting XRP to Pesos for the recipient 5. Delivering Pesos to the recipient After the sender reviews the quote, numbers two through five all happen automatically, with a single button click. Thus, the only human intervention that is needed seemed to be deciding how much to send, reviewing the quote, and clicking a button (although some of that could probably be automated). Miss Rabbit and I also got drinks with Al, who founded Mercury FX. Needless to say, he is bullish XRP and hopes to expand xRapid use ?
  14. I agree that the symbol needs to be very professional. It can't be too complex, since it must scale well. It should also be something that can be drawn easily. Similarly, most XRP trading volume is from Korea via Bithumb, so I think it makes sense to ensure that people from Korea, Japan, and other countries can participate, since, as you point out, this will be around for a long time ? Some community members have opted to pay professional graphic design teams to make their submissions. I do think that the allowing the community to pick from appropriate submissions could result in a strong design being selected, since doing so allows many people from diverse cultures to select what they find appealing.
  15. Wietse is a great person, as well as an amazing developer. In addition to building on the XRPL (Kyte Wallet: https://kyteapp.co/, xrptipbot.com, etc.), he also dedicates a fair amount of time to teaching others how to develop on the ledger. https://zapster.io/ is another payment gateway that allows businesses to easily take XRP payments. Cheers everyone! ~rabbit
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