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  1. http://www.zerohedge.com/news/2017-05-27/visualizing-expanding-universe-cryptocurrencies The author impartially stated the main use case of XRP: Here's the chart that tells the reason why your investment in XRP is the smart long-term bet: I don't like the concept of anybody losing money - I hope those in bitcoin are transferring it as fast as they can to a crypt-currency with a future... XRP People!
  2. I just saw this fascinating talk about interledger: https://www.youtube.com/watch?v=izon3JJRs5w You might think why is ripple labs developing this coin neutral standard ledger protocol which will be used not only by the ripple ledger but by other competing ledgers aswell like bitcoin? The answer is that when the world is connected through the interledger standard, then the playing field is level. The fastest/cheapest coin will automatically be used for as the bridge currency. The payment sender and receiver will not even know if XRP or bitcoin or something else is used in between. Because XRP and the ripple ledger is the fastest and cheapest, then that's going to win (as long as enough liquidity is there). Maybe in the future someone will invent some ledger faster/cheaper than ripple but that's not happened yet. In a fair fight the best man wins. Cheers
  3. Hi there, I'm new to the realm of cryptocurrencies; however, I'm enthralled by the potential of the establishment of a new international financial architecture in parallel to the existent system we have today. Yet, I'm a novice at the XRP scene. I understand that XRP can be purchased through exchanges like Kraken, but I don't quite comprehend the concept of a "wallet." Shouldn't purchased XRP be stored instantaneously on whatever exchange one uses? Or is there a secondary process after purchase where one shifts their owned XRP into an online wallet. That said, if I am right, what are the best "wallets" to use and how can I go about setting one up? I would deeply appreciate your advice and counsel. I'm hesitant to spend a penny of my own money without fully understanding precisely what I'm getting involved in, so helping me reach a level of comfortability to join you guys would be awesome! Please add any other information that you think might be relevant (And anything you wish you would have known at the onset of your jump into Ripple trading, if you would kindly do so!) Thank you.
  4. Imagine for a moment that its the year 1849. Gold has just been discovered in the hills of California. Now imagine that in this alternate version of history that the majority of people in the United States have never heard of this place called "California", and that few of the people who have heard of California have any idea how to read a map in order to get there. Furthermore, imagine that someone set up blockades on all the roads leading into California, making it more difficult for anyone to get in or out. This is the world of cryptocurrency today. A while back, I was riding with an engineer friend/coworker of mine, and he saw me busily doing something on my phone and asked what I was doing. I asked him if he'd ever heard of cryptocurrency. Blank stare. I gave him a brief synopsis of what cryptocurrency is about, my standard spiel about how I passed up on the opportunity to buy several hundred dollars worth of bitcoin back in the early days, etc., and then a quick rundown on XRP, what it is, where I see it going, and so on. I might as well have been describing the lost city of Troy to my cat. Without going into a lot of personal details, let me just say that the firm I currently work for has a large number of middle-class blue-collar employees. In fact, out of 54 employees at present, only 5 of them have college degrees. I've talked to a number of the folks out on our shop floor about bitcoin, none of them had heard of it. Let me me restate that for emphasis: none of them had even *heard* of Bitcoin three months ago. Any bets on whether any of them had heard of Etherium, Litecoin, or Ripple? *crickets* If you work in the financial or tech industries, or if (like me) you have a lot of friends who have worked in those sectors, its easy to have a false sense for what level of awareness -- or rather, unawareness -- surrounds blockchain. Most people not only don't understand how it works, but they don't even know that it is a thing. They don't even know that they don't know. That's the first reason -- in my opinion -- that the full value of XRP as an asset isn't fully priced in. There's not enough knowledge of its existence. Yet. Imagine for a moment you decided to buy a house. But there's a problem: not only have you not ever bought a house, but neither have any of your friends and family. None of them knows how to tell you where to start. To make matters worse, none of your friends seem to know any realtors, either. You ask around online, but you mainly find mixed information, reports that some of the realtors in your area are con-artists, as well as more than a handful of blog-posts decrying property in general as theft. Nonetheless, after dutifully exercising as much diligence as you can in such circumstances, you finally manage to find a house for sale, and as far as you can tell, it seems like one that you might want to buy. You pull out your wallet. Oh wait -- the owner of the house doesn't accept dollars. He's a gold bug. He doesn't trust the federal reserve, so you're gonna have to find somewhere to buy a bunch of gold bars. You scratch your head. "Now where the &$%# am I supposed to get gold bars?" >Facepalm.jpeg Back to the internet. More reading. More questionable blog posts and disinformation. You finally find a place in your local area that will sell you gold for dollars. Oh wait -- you have to provide a whole bunch of documentation so they know you're not a drug dealer, or a money launderer, or a time-traveling space-pirate. So after you've provided your photo ID, a proof of residence, a couple of DNA samples, etc. they finally sell you some gold. Oh wait -- even after you provided your great-grandmother's citizenship papers and a naked photo of yourself holding your social security card, they still will only sell you $250 dollars worth of gold per week. >DamnitToHell.bmp So you begin buying your gold, $250 worth at a time, and building up enough to make payments on that house every month. Then one day, you show up at Gold-R-Us, only to find that they're randomly locked up at two-o'clock on a Tuesday. They're open again Wednesday, so you buy some more and think "no harm, no foul." But then the next week you come back, and they're closed again because of... who knows. Maintenance? Customer overload? Wicked infestation of termites? Folks, this analogy is only barely a stretch, when it comes to buying XRP for the first time. I'm not exaggerating when I say it was less headache buying my last car than it was to jump through all the hoops it took to buy my first XRPs back in the sub-cent glory days. I, who had invested in coin before (back in the Mt. Gox/Cryptsy days... ugh) and who had friends in the coin world, was willing to tough it out and make my way through the obstacles to purchase some Zerps. How many of those people out on my shop floor do you think would do the same? Short answer? Before the 4000% increase in the price of XRP, I wasn't able to persuade a single one of them. Since then, I've brought a few on board. If we continue to see growth, I have no doubt that others will hear about it and get on board as well. My point is: word is only just now starting to trickle out that "there's gold in them thar' hills". But even with word trickling out, we're only seeing a tiny fraction of the eventual investor pool. I've heard speculation as to whether the growth potential of XRP is priced in. For markets to efficiently gauge the value of an asset, there has to be good knowledge about the asset, widely and freely available, and no barriers to entry. At present, there is very little knowledge (outside of the tech and financial sectors) and the barriers to entry are often confusing and seemingly arbitrary to the uninitiated. I personally do not believe there can be strong correlation between the price of XRP and its value as a long-term asset as long as so few people know about it, and as long as the hurdles to buying XRP are as numerous and as confusing to outside investors. Now look at the google trends for bitcoin, blockchain, cryptocurrency, etc. The stat charts have gone full-blown hockey-stick. People are waking up. And as demand for assets like XRP increases, the number of venues offering will increase as well. Sites like Coinbase and Poloniex have only been able to maintain their rolling $#%&-show for so long because of relative lack of competition -- that's changing. In the end, I strongly believe that the markets will become more efficient as knowledge proliferates and as the barriers to entry become more stream-lined. As that occurs, I believe the price of XRP will rise until its long-term value is fully priced in. I look forward to that day. Big time. Now if you'll excuse me, I've got to go provide Coinbase with a notarized copy of a Papal Bull so they'll raise my purchase limit... that is, assuming they're not temporarily experiencing random downtime because of ghosts in their breakroom.
  5. A lot of the new ICOs that are happening are being used to debut a coin that has some very specific purposes, and usually there is a necessity for funding the small group of developers that create a new coin. These groups are usually located in one country. It's tempting as a developer or original entrepreneur to just have one team, locally sourced, that will remain in it's current geographic location. The result is a coin that targets a market that seems to mirror the coin's creators. Do they really have a goal of establishing the coin for serving people in all corners of the world, or is really a method of lining their own wallets with easy money? Bitcoin was a novelty item at the beginning of its existence, and because of its mainly academic origins, those were the people that originally owned the coin in its infancy - collegiate academics that experimented with the new digital creation of Satoshi Nakamoto. It's access quickly expanded to support exchange of *goods* over the dark web in a fashion that originally deterred traditional law enforcement. In theory, it had no borders to its appeal or reach, and its proponents ignored its darker side and focused instead on the potential of blockchain technology to transform the concept of currency without regard to borders or fiat government. Bitcion does indeed have international reach. Exchanges exist in all corners of the planet to support its immense demand created by popularity in the media. Most of the alt coins sought to emulate Bitcoin by establishing a foundation that would promote the coin and provide an easy-to-use wallet for new users. Sometimes the foundation would be based in a foreign country with lenient rules regarding financial technology and securities trading. Then XRP Happened The development team decided that they would go in a different direction than the original. They would eschew the blockchain consensus algorithms for something new, something more efficient and robust, something that didn't depend on mining to provide security to the network. they didn't stop there. They also went in a different direction for Governance. Instead of a foundation, they would promote strong governance by forming a company, so that decisions and improvements to the protocol could be made quickly as needed. We are now at Rippled version 70 compared to Bitcoin version 14. (source: https://xrpcharts.ripple.com/#/topology | https://github.com/ripple/rippled) The original team knew the potential of what they'd created. To work as they envisioned, it needed to spread to all countries and be available in all worldwide markets. Each member of the team knew that the road would be paved with difficulties, and nobody would just hand them the keys to transform an industry mired in inertia motivated by greed. Did they knew then the lengths that SWIFT would go to try to protect the status quo? It was a system where their member banks could continue to make money while they held onto people's money as it "floated" from bank to bank in a process that still takes days to transfer currency from country to country. It would not be an easy path for the company to navigate, using very limited amounts of initial capital. International Reach Ripple went through years of transformation, carefully taking aim at strategic locations throughout the world, locating personnel, offices, and alliances across borders. Chris Larsen was fearless in forging alliances in Asia and Europe almost immediately. They opened an office in London. Then Australia. Now India is in the works. In addition to brick-and-mortar offices, Ripple is augmenting their value-pair reach and liquidity by supporting integration with new exchanges. In less than two weeks, they were able to add six exchanges to their network, adding liquidity to the markets that are being targeted for value-saving Forex settlement. Ripple is deliberately and methodically building what will unavoidably be the replacement for antiquated modes of value exchange between currencies. Six new exchanges worldwide in less than two weeks... No other crypto-currency foundation has matched their ability to move at speed to establish a presence worldwide, and they are building a different kind of consensus now, a consensus that they are the inevitable future of international banking. Weather any crypto storm knowing that your money is on the right bet!
  6. TORONTO, May 25, 2017 /CNW/ - The Bank of Canada, along with Payments Canada, R3 and seven commercial banks, today disclosed the results of phase II of Project Jasper, an experimental wholesale interbank payment system, using digital ledger technology (DLT) – the backbone of cryptocurrencies like Bitcoin. "Through working together, we will achieve our shared vision of a system that is fast, flexible and secure, promotes innovation and strengthens Canada's competitive position.", CEO of Payments Canada http://www.newswire.ca/news-releases/public-private-sector-digital-currency-experiment-releases-results-of-phase-ii-624396443.html Panel discussion: Project Jasper Phase II
  7. TORONTO, le 25 mai 2017 /CNW/ - La Banque du Canada, Paiements Canada, R3 et sept banques commerciales ont annoncé aujourd'hui les résultats de la phase II du Projet Jasper, système de paiements de gros interbancaire expérimental utilisant la TGLD, pilier des cryptomonnaies comme le bitcoin. http://www.newswire.ca/fr/news-releases/publication-des-resultats-de-la-phase-ii-de-lexperience-de-monnaie-numerique-en-partenariat-public-prive-624396373.html Discussion à Payments Canada sur le sujet "Project Jasper Phase II"
  8. When companies, financial institutions, and other organizations attempt to compare some of the new "networks" that have cropped up since the advent of bitcoin, invariably the concept of "closing time" or "block times" is discussed. Block Times and Confirmations The fastest known average block times for any of the new networks is approximately 17 seconds (source: https://etherscan.io/chart/blocktime ). This means that at a minimum, you must over a quarter minute for a block containing your transaction to be processed, but there is also a chance that you could wait much longer - standard deviation equaling the average - for the next block. The reason behind this is that even though Ethereum would like you to focus on "average" block times, there is enough randomness involved to make this unpredictable for a specific transaction. Most of you are familiar with the "3 and good" confirmation requirement for most software that interacts with the Bitcoin network. These are known as confirmations, which is simply the "number of blocks" before a program, organization, or person is absolutely sure that your confirmation is legitimate. For Bitcoin or Ethereum this equates to multiple blocks, so you have to multiply their already slow block times by the number of confirmations required for validation of the transaction. For ethereum, different sources have been quoted as needing 12 confirmations, which is basically a requirement to multiply the average block time (17 seconds) by 12, arriving at 204 seconds (3.4 minutes). Now, reading this sentence, a few minutes may seem like not a long time, but try setting a stop watch and try it for yourself. Try standing at a cash register and making small talk while you're waiting for your payment to clear. It's unacceptable. Compare that with Ripple and the RCL. The RCL closes it's ledger on average every 3.45 seconds (source: https://ripple.com/xrp/market-performance/ ), and XRP payments are settled in no longer than 4 seconds total. (source: https://ripple.com/xrp/ ) Just breathe once and it's done. Scale The next question has to do with how a network can scale to handle increasing loads of transactions. It can be measured in a few different ways, but a baseline estimate is usually the place to start, which is measured in TPS, or "Transactions Per Second." Bitcoin - 6 TPS ETH - 15 TPS XRP - 1000 TPS Of the three above, Bitcoin and ETH are capped at that speed currently. However, XRP can scale its channel processing to meet higher load and demand, matching the performance of the current VISA network. Ignore the noise, and invest in value. ----XRP ---
  9. Proof of Work consensus algorithms require the usage of massive amounts of electricity, for CPUs to mine for bitcoins and other alt coins. For bitcoin, it's coal-fueled mining facilities in China have become a subject of much attention and debate, as the miner's interests are only about generating bitcoins as a mining reward. They do not focus on other metrics, such as uptime and network stability, as Ripple does. Here are some pictures of one such mining operation: In contrast, other types of consensus algorithms do not require this energy, because consensus can be achieved in other ways. When it comes to blockchains, the most common alternative is a hybrid of a consensus approach known as "Proof of Stake," where the consensus is achieved by nodes that have the most "stake" or amount of coins. (source: https://en.wikipedia.org/wiki/Proof-of-stake ) This approach is still considered a bit of a novelty, and requires a hybrid approach to start off the blockchain at its beginning stages - essentially hard-coding in a starting distribution of the stake to initiate the protocol. The other consensus algorithm is one that has been proven stable over many years of use; the XRP consensus, which uses a byzantine consensus algorithm. It's not considered a proof of work or a proof of state, but instead is centered around a "voting" mechanism among trusted nodes on a network. This means that no "mining" is necessary on the RCL, and it is by far the most energy-efficient method of achieving transaction confirmations, even more so than a hybrid Proof of Stake. The enery consumption of those networks (such as ETH or BTC) is no small matter. Bitcoin currently is estimated to generate 2,000,000 metric tons of CO2 every year. I have seen no such estimate yet of Ethereum, but because it's a POW blockchain, it will require or imply electrical consumption to fuel its consensus algorithm, and to keep it's network secure (source: reddit.com/r/ethereum/comments/3mchof/question_why_switch_to_pos/ ) The general public has shown a tendency to opt for "green energy" solutions in almost every industry where they know about the choice, or it's clearly labeled. In the case of crypto-currency, Ripple has chosen not to trumpet the "green-ness" of their solution, instead focusing on its incredible efficiency, but for me, it's good to know that the environment is benefiting from my choice of investment as well! Stay Green! Buy XRP!
  10. I've been biting my tongue on this because heads will explode if I dare suggest this on Twitter, but... It keeps being suggested that somebody could be held liable for running a Ripple validator. As I was trying to think of an analogy relating to Bitcoin, I started thinking about fungibility. It's my understanding that XRP are indistinguishable from one another (is static the right word here?). Bitcoin, on the other hand, are unspent transaction outputs. Could illegal activity from prior transactions potentially cause a lien?
  11. I. Raspberry Pi - Buy your Supplies and putting it together a) Building the Rpi Operating System and booting it up II. Choosing Your Operating System III. Creating a Secure Partition IV. Encrypting your Wallet Partition Let's take a few points of data first as we develop this for the beginner 1. Because "beginner" is defined, we have to make the paranoia level low. This shall mean a wallet which is encrypted but may not require "Nuke" abilities, triple encryption or even physical keys. We can add those later in intermediate and expert levels. 2. A cold wallet is the exact same as any other wallet except that it exists on a computer that never touches the internet. Now my first problem in the beginning was "how the hell does that work?" but it is easiest explained as such: With all digital coin transactions there are basically two "signatures" required. One of them is considered "Public" and the other one is considered "Private. The "Private" one is the baaaaaaaad one that if stolen you can say bye bye money. So a Cold Wallet has that Private signature included where as the copy of that wallet which is on a computer which is also on the internet, does not have that Private key included. So on the Internet computer you can transfer money around but you basically do not have that final authority for that transaction to go out. It is like getting a signature from your manager to do something but he also needs to get a signature from finance or the boss to complete the request. So on that Internet computer, you can save the transaction request as a file on a USB stick. You then turn on the Cold Wallet computer which is never connected to the internet and then upload that file which is called an "Unsigned" transaction and using your wallet you can "Sign" the transaction therefore making it complete. Then you save that same file again as you have now edited it and run that USB stick back over to the internet computer and upload that same file to that wallet and then send the transaction out. Then your money is sent to its destination or "Withdrawn." I hope that is clear as it took me a while to understand it. We will go over that in more detail when we get our Wallet computer up and running. The cold wallet computer never touches the internet because that is the ONLY way to guarantee that you do not get a wallet hunting virus, a hacker invasion or any other type of compromise that can steal that "Private Signature." All of the parts which consist of this Cold Wallet which should be locked away are: a. The wallet computer b. The paper copy of the Private Key and the Restore Key c. The digital copy, if any, of those same keys. I hope that this was explained well for you because when I was learning it, lots of people explained it also but I never really understood it until I built one and used it. in PART 2 I will explain how to actually build and program a COLD WALLET. I will describe 3 different setups, one with a Raspberry Pi , another with a garbage Linux computer and maybe one with Windows. My problem with Windows is that it is so unreal unsecure that no password will save you from me getting into it. Windows is basically the victim OS that all hackers use to learn hacking simply because when demonstrating hacking methods, they tend to work easier and more often on a Windows system. So securing it will not be dependant on the operating system itself but instead another media. II. Raspberry Pi First I shall discuss building a Micro Computer Raspberry Pi. So far RPi will only hold Bitcoins as the other wallets do not seem compatible with the ARM CPU, however this design shall leave the option open further down the road for you to use it as a Ripple or other wallet as that particular tech advances. Since wallets are simply software, they do have minimum specs required to operate. For the RPi I will be using Bitcoin Armory as the wallet but first we must build a safe machine EDIT: There are some users here that are running Ripple Wallets successfully on a Raspberry Pi which is cool as ***** for you guys. We will build a secure machine first then install these wallets Buying your supplies: For those whom are unfamiliar with a Raspberry Pi it is basically the simplest form of your computer in a tiny package. It is a little larger than a credit card and can technically run from batteries if you had to, but it generally plugs into the wall. The operating system runs from an SDCARD making this package ultra small and thus easy to hide or store for a cold wallet. There are a few versions of the Pi all the way up to 3B+ which include Wifi on the mainboard. That is significant for us as a security problem but not a severe issue as the 3B+ has more RAM and a better CPU so tends to be faster and a better choice for us. The RPi 2B has no Wifi On board so is still a good option. Just go with the 3B+ which is the most current and the better buy. An RPi today is under $50 with the SDCard, the Pi and the power supply. So plan to spend at least that much. Best to get them from Amazon so that you can avoid the eBay clones. You will need a power supply which is a micro USB with an output of 5v 3A. Basically do a search for Raspberry Pi 3 power supply and you should get the right one. Next you will need a microSD card. A Sandisk Ultra 16GB will be perfect. You can go as low as 8GB but the Ultra is important because of the speed. If you get a el'cheap-o sdcard to store your money on, it may turn out to be the most expensive sdcard of your life so don't be stingy. You should be looking at under $10 for a 16GB card. Now this is important to know about the Raspberry Pi series. There is NO power button to turn it on and off. It comes on as soon as it gets power. In most cases that is baaaaaad as your operating system is running when you unplug it. It is very important to go through the shutdown sequence in any operating system when turning your Pi off. There are shutdown accessories that can be bought and assembled but I would not consider that "Beginner" level tech. We can add that later if y'all like. Next we will setup the operating system. I will tell you which one to choose and why.....
  12. Welcome newbs! If you were wanting to know the difference between weak hands, stable hands and strong hands then look no further! See, weak hands are people who can't hold onto their investment. Example:
  13. Silicon Valley Careers The very first thing that is presented to viewers when they arrive at the career site of Ripple (the company) is a page listing the company's values. I know some of you might be sick of corporate "values statements," but it's worth a quick glance: I'd venture to bet that there is no other company with the same type of career mix in the world at the present time, and it goes to show you how they do things different... even more different than a run-of-the-mill silicon valley start-up. To call them a start-up is a misnomer at this point, as they've managed to survive and thrive in the competitive fintech market for more than five or six years now. I won't repeat all the core values for you crypto investors out there that are sick of corporate life like I am, but just read this one, and I think it will remind you of the actual attitude we've seen from each one of the Ripple employees that visit the forum: Company Leadership Let's compare the leaders of the top crypto brands: Ripple CEO: Brad Garlinghouse Bio: Took over for CL (for the newbies, "CL" = Chris Larsen, A true hall-of-famer in fintech) in 2016. Brad's background is all tech, coming from Hightail (a cloud service that lets users send, receive, digitally sign and synchronize files), AOL, and Yahoo. Brad's leadership includes an almost prescient ability to see a company's strengths and weaknesses, and then make adjustments accordingly - he penned the famous "Peanut Butter Manifesto" in 2006 that seemed to predict with uncanny accuracy the slow demise of Yahoo, a company that was sought after at the time as a target for takeovers. Asked to comment on the culture of Yahoo, and specifically on it's new CEO Marrissa Meyers, Garlinghouse had this quote: Excerpt of Ripple's official bio (source: https://ripple.com/company/leadership/#brad ) Sounds like a guy I'd want in the CEO position of the company I worked for, to be honest. ETH Foundation Executive Director: Ming Chan (source: https://www.ethereum.org/foundation ) An alumna of MIT. She studied Computer Science and Media Arts & Sciences. There's a lot of ETH holders on XRP chat - don't worry, I'm not here to criticize Ethereum, and I actually have profound respect for it's revolutionary ability to run DAPPs and handle very complex financial instruments. It definitely has it's use cases. I'm just focused on looking at company / foundation leadership. Here's my reaction to Min's bio: "Well, MIT is certainly impressive. It's the top-rated technical institute in the US, and it sounds like she's very smart." But when I googled her, and even searched wikipedia, I found... nothing. Please let me know if you do find something more substantive than the bio that the Ethereum foundation put out. Bitcoin Foundation Exective Director: Llew Claasen Directly from the Bitcoin Foundation site (Source: https://bitcoinfoundation.org/about/board-of-directors/ ): When I researched "Click2Customers" I found out that it's basically an Internet Ad company. That kind of surprised me, as bitcoin is very fond of talking up encryption and privacy. Here's what I found about "Click2Customers" (source https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=23272570 ) : So... internet advertising algorithms? Depth Charts Bitcoin (source: https://en.wikipedia.org/wiki/Bitcoin_Foundation and https://bitcoinfoundation.org/ ) Number of Employees: Unclear. Bitcoin Core is an open source developer community. ( https://bitcoincore.org/en/team/ ) Project maintainers: Wladimir J. van der Laan Jonas Schnelli Number of Project Contributors: 14 chief scientist: Gavin Andresen General Counsel: Patrick Murck Board Members: Executive director: Llew Claasen Brock Pierce Bobby Lee Bruce Fenton Elizabeth McCauley Michael Perklin Francois pouliot Vinny Lingham Ethereum ( https://www.ethereum.org/foundation ) Employees: Unclear Board Members: Executive Director: Ming Chan Foundation Council: Vitalik Buterin Technical Steering Group: Jeffrey Wilcke Some other possible employees: (Source: https://www.crunchbase.com/organization/ethereum/people ) Alexandre Van de Sande (UX Designer) Zach Lebeau (Conceptualist at ConsenSys) NOTE: It was very difficult to track down information about the Ethereum Foundation - anybody that can help improve my depth chart is welcome to correct my information. Ripple (source: https://ripple.com/company/leadership/ ): Ripple has 150 Employees. Leadership: CEO: Brad Garlinghouse VP of Product: Asheesh Birla SVP of Business Development: Patrick Griffin VP of Finance: Cameron Kinloch General Counsel: Brynly Llyr VP of Marketing: Monica Long SVP of Global Sales: John Mitchell Chief Compliance Officer: Antoinette O’Gorman Chief Cryptographer: David Schwartz CTO: Stefan Thomas Global Head of Strategic Accounts: Marcus Treacher Board of Directors: Chris Larsen Executive Chairman of the Board, former CEO of Ripple Susan Athey (Professor of Economics at Stanford Graduate School of Business) Brad Garlinghouse (current CEO of Ripple) Ken Kurson (Editor in Chief at Observer Media) Takashi Okita (CEO of SBI Ripple Asia) Arjan Schütte (founder and a managing partner of Core Innovation Capital) Gene Sperling (President of Sperling Economic Strategies) Advisors: Susan Athey (Professor of Economics at Stanford Graduate School of Business) Donald Donahue (President and CEO of Miranda Partners, LLC) Karl-Theodor zu Guttenberg (Chairman and a Founder of Spitzberg Partners LLC) Anja Manuel (Co-Founder and Partner, RiceHadleyGates LLC) Final Statement Organization leadership is a critical element of good governance, which tells you about the future of a technology and business. Review the above and decide which of the top three is the most impressive. I think the choice is clear. Ripple clearly has the lion's share of leadership, even if we only look at the top spot by itself.
  14. An interesting article http://www.zerohedge.com/news/2017-05-18/bitcoins-fatal-flaw
  15. Year 2024 Let's start.. Every country seems too wanna run there own currency on blockchain and they will! Country like Sweden want to have E-Krona as a digital currency on blockchain on an APP/DAPP. How this will be done and how many there will be? no one knows! But it can only be used in Sweden. So lets say you want to travel in year 2024. What you would need to do is convert your countrys ''App'' digital Money in to Ripple XRP and then convert it too that countrys ''App'' Digital Money. In other Words what we are talking about is : ---== WESTER DIGITAL UNION ==--- How many other countrys have plans for country ''app'' digital Money more then Sweden Denmark Japan Canada Norway And what more countrys ? And what are your thoughts on that ? E-Krona = E-Crown http://www.ibtimes.co.uk/swedens-central-bank-turns-national-digital-currency-society-ditches-cash-1592083 Have a good day.
  16. Hi, I've been reading a lot on Blockchain and Crypto last few days... and I understand it a lot better. But still a question, who is allowed to update Bitcoin opensource code? Or is there only one version of opensource software which never can be changed and all updates are build around this small first opensource code made by the creator. For Ripple, it's easier Who helps me out?
  17. Hey guys! The btc 0.226 was sent to the address 1L42xXUTKheR87A21YEEXi4sMxKTitMc8F. There is no transaction in the personal account ... money was written off from the account. Blockchain no transaction. hash 9960DE1B1A63F6B5DDBFF7DFA072F2752B06F17446E5E5D05E77EFD709914619 Support is not responding!!!!!! Transaction failed! Help me please! How to return btc??
  18. transfer to my wallet it got approved in block chain but it didn't show up. https://blockchain.info/tx-index/31cb26b88de48cc8af5db90da72e2e7cea059c936047932f8bcfacac1fe52086?show_adv=false Looking for your response.
  19. There are two ways to measure speed of distributed ledger technology: block times and throughput. Block Times Ripple wins. By a wide margin. Source: ( https://bitcoinmagazine.com/articles/lightning-fast-raiden-network-coming-to-ethereum-blockchains-1471030245/ ) Quote fromJohn Whelan, Director of Innovation at Santander focused on blockchains and smart contracts: Source: ( https://www.quora.com/Bitcoin-What-is-the-fastest-blockchain ) Throughput Ripple Wins. By a wide margin. Ripple can handle in the tens of thousands of transactions per second. ( Source https://ripple.com/insights/ripple-continues-to-bring-internet-of-value-to-life-new-features-increase-transaction-throughput-to-same-level-as-visa/ ) As of April 2017, the transaction throughput of the Ethereum blockchain (without any other technology like "Raiden" layered over it) is 25 tx/second. (Source: https://ethereum.stackexchange.com/questions/1034/how-many-transactions-can-the-network-handle ) The only way thus far to improve the speed of Ethereum and Bitcoin is to use off-ledger transactions to conduct business, with the final settlement taking place afterwards. In this system, the transaction may be processed faster than the block times on ethereum and bitcoin, with the key differentiation that final settlement has not yet occurred. One such tool is the "Raiden Network." Instead of sending all transactions immediately to the blockchain (which is the main scalability bottleneck), the Raiden Network lets users privately exchange signed transfer agreements and secure deposits. I'm an Technology Architect, and my personal opinion is that this concept of "layering software on top of software" to solve inherent limitations in the underlying foundation is a faulty architecture, and points to a problem that should have been solved at the original technology's creation, not left for "somebody else to fix" later on. Ripple has no such limitations, and its throughput has been measured to rival Visa: "...To solve this issue, Ripple built their own Payment Channel specifically designed for XRP, the digital asset native to RCL. An XRP Payment Channel allows transaction throughput to increase to tens of thousands of transactions per second, bringing our scalability to the same level as Visa." (Source: https://ripple.com/insights/ripple-continues-to-bring-internet-of-value-to-life-new-features-increase-transaction-throughput-to-same-level-as-visa/ ) If you own XRP, you own the digital asset that powers the fastest distributed ledger technology in the world.
  20. Tweet and corresponding reddit post from Viad Zamfir on proof of work that I thought you all might enjoy. If bitcoin can't resolve its scaling issue, how will it ever resolve it's consensus problems. Both ETH and BTC have a long road ahead.
  21. Nikb at chatbox pointed there's a new verified validator https://charts.ripple.com/#/validators/nHU3LPuLpHaWWjCN3Y4eWJ4DPMtibJNN4SMxR1VnqtCmAQpsW4jP btcxindia.com ✔ * - nHU3LPuLpHaWWjCN3Y4eWJ4DPMtibJNN4SMxR1VnqtCmAQpsW4jP Welcome to BTCXIndia, India's leading Bitcoin Exchange.
  22. http://www.cnbc.com/2017/05/11/bitcoin-price-1800-record-high.html And the experts believe Japan's appetite for crypto is driving at least part of it: For me, given XRP's imminent penetration into the Asian - and specifically Japanese - market, that spells very good news indeed for the near future of XRP!
  23. @tomb @AmericanXRP If you both watched the entire video you will realize a) XAGATE has a unique opportunity to potentially partner with Silver Bullet SIlver Shield to create an innovative alliance we are both part of the sound money movement (what an awesome typo now it is a proper thread now!) c) we are both part of the liberty movement d) how can you not see this? f) please watch TruthNeverTold's Son's of Liberty Academy then and wake up or watch the content on his channel an perhaps reread my content then f) study monetary history and quantity currency vs sound money cyclic rotation of free market dominance. Too long for the chat box of course. Gives us all an opportunity to properly discuss. Maybe get Chris Duane, David Morgan, Mike Maloney, @JoelKatz, @nikb @mDuo13 in here too with @Vinnie (??). The absolute best PR stunt right now would be Brad and Chris to respond to this thread.
  24. Hi All, I am a newbie in the field of crypto currencies. I just bought some XRP ( small amount) as test and incurred heavy transaction charges. Can anyone please explain if these charges are genuine or did i do something wrong? 1. I purchased some BTC amount from "bitxoxo.com" by spending the local currency INR. 2. The "X" BTC got deposited into my wallet in bitxoxo. *** No transaction charges yet *** 3. I transferred the BTC FROM wallet A ( Bitxoxo) TO my wallet in gatehub. --- Charge 1 ---- 4. I was charged approx. 6% of the BTC (balance transferred) as " blockchain.info " charge!!! ( As per the support folks at bitxoxo, the charges were levied by blockchain.info as they maintain record of every transaction) ---Charge 2 --- 5. I tried to exchange my BTC to XRP at gatehub. I was again levied 0.2% XRP as transaction charges. # Are both these charges genuine ?