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About Gepster

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  1. This morning I thought it was a good idea to check if the Zerpers at XRPchat might have some interesting insights regarding Zakinov v Ripple. When I opened the first topic on the subject, I was not at all surprised the discussion derailed on the first page with personal attacks and other off-topic posts. It's a shame really.
  2. The word you are looking for is clout. Would the network actually come to a halt at some point, if some of the current validators (or 2 people, like Tiff is claiming) would decide to call it quits? Seems to me real stakeholders will emerge (or could be temporarily be incentivized by Ripple) to run nodes that are up to par, as the ecosystem matures. If you are pushing lot's of transactions, wouldn't you want the reliability of your own validator? The expense of running said validator would be nothing in the books of ODL exchanges. BTW: Personally i wouldn't count on reliable validators from one of the UBRI Universities. If some of the current UNL validators are unhappy about not getting paid, they could very easily raise money through a platform like Patreon. If they can't or don't want to, it's time to pack the bags.
  3. The average succes rate of VC investments are between 10 and 6%. This was to be expected, but OMNI burned though their funding unreasonably fast indeed..
  4. They base ''fair value'' on this: ''we have decided to use a 2 weeks exponential moving average of transactions in our calculations.'' As you probably know, someone has been spamming the ledger by sending a shitload of BTC IOU's back and forth. If this calculation of ''fair value'' had any merit, it is way off because they include every type of transaction that is happening on the XRPL.
  5. Pago FX hasn't launched. Blockchain based remittance> One Pay FX. Its got 100% nothing to do with ODL/XRP. John is a massive ETH fanboy btw..
  6. Maybe it helps if you watch the complete 40minute keynote.
  7. He didnt say it, but Onepay FX is Santanders ''blockchain based remittance service''. Until recently it was only open for a select group of people( employees iirc). So 4-10 corridors sounds right.
  8. It's the title that does it... There is simply no way they are using XRP as an intermediary asset with Onepay FX. They've publicly stated there are no plans for using it in the future either. - You could Google for statements by Ripple, Santander (from Ana Botín or John Whelan) or - Monitor transactions on XRPL. The Billions they are running through Ripplenet would show on the XRPL. Even if they wanted to run it all through ODL, they couldn't because the Liquidity isn't there. I'll see myself out.
  9. That may be, but the real crime is that the shitposting is what destroyed this forum, which was once filled with valuable discours and information. No doubt i'll receive a "witty" response to harvest precious internet points, medals and stickers, demonstrating the root of the problem.
  10. Yes. The end. How can you have 3500posts on XRPchat and still be so uninformed. Logging off this forum for a while again...
  11. Seems like Kitao's term ended is all. Japan virtual currency exchange Dealers Association (JVCEA) director seat changes on a yearly basis. The election was a week prior to resignation..
  12. It's quadruple counterparty risk. In case of tether: 1:You have to trust the issuer of the stablecoin (tether ltd). 2: The bank where the pegged unit is held. 3: The issuer of whatever it's pegged to (USD: FED). And 4: the largest holder (China). Assuming crypto is sufficiently decentralised and custody is sorted, the only current risk in crypto is the big holders. Which is a problem that should be getting smaller with adoption. Re: Adoption. Ripple's holdings are currently XRP's biggest blessing, but also its biggest curse.
  13. You go on a massive rant, but the core problem @MrH is on about, is that these Youtubers (because they need to act fast) are often wrong in their assumptions, spreading misinformation, fake news and hype, only for the views. They should be held accountable for this behaviour, because the type of audience they serve is easily mislead. Sure, Alex Cobb has some entrepreneurial blood, which can be admired, but putting him on a pedestal hardly seems appropriate, when he gets it wrong more often than not.
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