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About Lumpy

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  1. Below is the evolution of the xrp balances corresponding to each sub account: UPD, UPY, UPC, UPK, UPH, UPE, UPA, UPU, UPO. I added a virtual aggregate wallet (red line). Time period: 14-01-2019 to 13-01-2020 Two takeaways: The strategy generated ~ 10,000 XRP in one year. Two phases are visible/ distinguishable. My assumption is that before June 2019, the strategy/ project was probably in a test mode. At the beginning of June, all sub wallets were initialised with more or less the same amount of xrp. Then the strategy has been running with consistency. Peace
  2. Could be interesting to see if the circular-path strategy is profitable. The wallet is quite messy as it traded xrp/usdbitstamp to start, back in May 2017. Hmm, let me check how many XRP were generated in one month for instance.
  3. Python script updated. Script: - goes through all transactions (+1000) of the specified wallet - gives the hash of the dubious tx when relevant
  4. ahaha some very good posts from this community...
  5. It is not about being the same but rather about being interchangeable. Cryptos are 100%/ stricly fungible. I don't understand, I think you are mixing things here. Absolutely not. A transaction (a payment given your example) on the blockchain specifies a transfer of value from one address to another (with vanilla attributes: quantity, time, etc.). A ledger specifies a group of transactions.
  6. You 're right. XRP, for instance, is mutually interchangeable/ fungible. So is BTC. My point is that the tech and inner working of the blockchain allow you to trace back in history every transaction. Such a thing is impossible with fiat money/ cash.
  7. That is the reason why the blockchain is fascinating, you can know where are the first "coins" you have sent. Imagine you could recount/ trace the first bank note you we have spent, capturing like in a film, every hand in which it has been through.
  8. To have been indirectly involved in illegal activities on the XRP Ledger? Maybe not. But the question is legitimate. Everyone, as an individual or entity (company), operating on the XRP Ledger, is entitled to ask the question. Regulators often highlight the fact that decentralised exchanges (DEX) are by nature more subject to criminal activities. Yes, indeed. You don't need to be "KYCised" to create an account and transact value within a DEX. In some cases and taking the example of the XRP Ledger, you can even participate in a fraudulent payment without even noticing it. How? At the exception of direct XRP payments, any payment that involves a IOU (I Owe You, basically a debt instrument) can take multiple paths before reaching its beneficiary, using other existing offers to deliver the best option/ path. I have created a little python program that will tell you if you have been, through one of this type of payments, involved with a crook! Obviously, the progam will tell you if you have been also directly (without the payment path feature of the XRP Ledger) dealing with a scammer. Or even more...if you are identified as one! Eventually, I think it opens fascinating questions. When an account (wallet address) is identified as fraudulent, could an individual block / blacklist the address? Could the network detect and block automatically the address? As the relationship between an individual and the possible number of wallets is 1 to n, would the action of blocking a wallet, considering its activity, be fruitless? On the code side. Please note that, although I have quite a decent knowledge of tech, I am (absolutely) not a developper. I coded it because I found the use case interesting. I use https://xrpforensics.org/ as the base for wallets identified as scammers. Run it, it will tell you. Peace https://github.com/TiGowa/xrp-ledger-forensics
  9. The most valuable commodity I know of is information. -Gordon Gekko
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