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About Zedy44

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  1. The RippleNet protects itself from volume-based network attacks (DoS/DDoS) through the burned drops required for on-ledger settlement, but if you go and infect the entire back-end node by node silently waiting until a majority ownership exists before colluding I don't see why a malware couldn't become malicious either via performance or straight up consensus transaction manipulation. I believe you would need to infect 80%+ of the network validators to manipulate consensus, which sounds unrealistic if the validators are properly decentralized globally and using proper UNL's. https://ripple.com/build/xrp-ledger-consensus-process/
  2. Eh...Stuxnet was a CIA/Mossad co-developed software attack on the Iranians and North Koreans that relied on several zero-day bugs between Windows and Siemens software. I'm not really sure blockchain could have saved the facilities hit by that worm (or more specifically the CIA and Mossad). Maybe implementing blockchain in SCADA-based systems could be used to thwart a middle-man attack. Maybe. If we are talking purely consensus among systems you could say such attacks are almost guaranteed to happen in the future where a majority % of nodes could be infected to the point where they silently compromise the network and only act once they have majority control. Or simply attacking a network to a point where enough nodes are left trustless where a more focused DoS attack can then occur on the remaining valid nodes to bring the network to it's knees.
  3. Yeah as "fast" as blockchain solutions appear they are quite slow when trying to implement them as a solution in a real-time software environment. We use a consensus algorithm to handle some of the background distributed scans and scrubbers in our storage platform, but it can't be used effectively within a front-end IO path without decimating the host response time performance. Maybe robots in a warehouse would be different, but what value does a blockchain solution bring to a warehouse full of robots? I see blockchain tech being valued mostly in the financial / legal / tax world due to public ledgers and immutable results. Smart contracts will also play a big role in integrating other sectors of business, but you still mostly need a desire to record something immutably and place value on having access to that data in a decentralized way.
  4. Pipe dream IMHO. Also, what @CaligulazBaby mentions above is interesting. With the big push for tariffs and a potential trade war it might actually incentivize quicker adoption and piloting of XRP for businesses that deal in affected products between both countries. It could lead to quicker bank/FI adoption as those institutions lose business and profit from local company's doing less business with them. We might even be able to snag some of the actual businesses directly affected by tariffs if they felt they could stay competitive by cheapening their back-end when doing business with the US post-tariff.
  5. If it gets banned for something like this it's only going to be by the most conservative countries. The short term outlook would be to expect bearish activity if the media continues to push this angle like crazy. Plenty of folks will be looking to short BTC and time the market for some quick money.
  6. Near term outlook

    Bearish...I still think we haven't hit the full low potential yet this year. I'm fully anticipating a dip into the .35-.45 range in the next week as we close out March with a sharp bounce back into the .55-.65 range. There's just too little volume to stage any kind of rally right now IMHO.
  7. This has been common knowledge for years, no? I don't know why the media is jumping on it just now.
  8. What could xPool be? An attempted guess

    Bump good stuff in this thread.
  9. I feel cross-boarder payments are fair game with China, but definitely if a digital asset were to be leveraged for domestic payments it would likely have to come from within the country.
  10. You can theoretically exchange any kind of asset using the Ripple Net as long as a market can be made for it. Whether users want to source liquidity for such transfers themselves or through XRP / xRapid is a separate issue related to adoption of technology. The Ripple Net is not limited to fiat<->fiat conversions. True statement. Ripple isn't publicly traded and the XRP digital asset is not considered an investment vehicle outside the realm of pure speculation. This fact applies to every digital asset and I'm tired of seeing articles bring it up. Ripple's employees have never advertised XRP for common or speculative investment purposes. It's purely an important tool they leverage for their product portfolio which focuses primarily on international payment providers and services companies. Any digital asset that wants to integrate into a real world product will have real world laws and regulations to follow. This is not a challenge unique to Ripple or XRP. People haven't quite figured out that the Amazon's, Google's and Alibaba's of the world aren't jumping head first into digital assets because they don't want to touch a regulatory nightmare that comes with about 99% of the digital assets available today. This is why digital assets that are trying to be actual cryptocurrencies (think Bitcoin, Monero, Litecoin, Nano, Bitcoin Cash, etc..) are quite literally going from small business to small business trying to get adoption to occur because there is no real world demand for such an asset (yet). However, when you look at what Ripple is doing with XRP and trying to build a faster, more efficient, and more transparent back-end for big business entities where the products they offer play by the rules it becomes a no-brainer for some of these company's to actually consider integration. Especially when Ripple's product portfolio delivers to the bottom line of real businesses around the world.