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Ever since I rejoined the forums, I sometimes get private messages in regards to forming a new CAD gateway. In this thread, I am asking the community to provide some suggestions and feedback to determine if a new gateway is feasible. I was asked if I would perhaps perform a crowd funding round from the XRPchat community to bootstrap a new Gateway, which I will touch on later. The first thing that I would need to do is set up a new issuer, requiring about 500 XRP to cover OwnerCount objects in the ledger from trust-lines and to activate new ripple accounts who are coming to the Gateway in addition to providing some small amount of XRP to the market making account to cover the major order-books so that payments can find paths. Second, I already have a domain name registered until 2023 and I have the ability to host a website via shared hosting on the monthly basis but this means I will not be able to host an instance of rippled as I will not have enough resources to run it on the package I have available. Third, I would require capital to purchase silver for remittance over the RCL, as all of my gateways in the past have been focused on cryptos, fiat, and precious metals with precious metals being the focal asset class offering for all of my Ripple Gateways to date. This would be about another 600$CAD (or more) so that I could purchase a tube of silver rounds for remittance. As for crowd funding to jump-start a new Gateway, if the official forums were still up, I could point all of you to the postings in which I mention the crowd funding rounds that I already completed in the past via the NXT blockchain. The major problem with a crowd funding round is how do I provide value to the backers of the crowd fund? At first the NXT asset was providing 45% of the profits derived from the gateway calculated in NXT then shared to the XAGATE asset holders on that blockchain using their pay dividends function but I was still the majority share holder of the assets so I was receiving 51% of the dividends paid as a kickback for not selling my company's equity so easily (I forget the price per asset but it was set pretty low). With all of this being said and done, I invite you to take a look at https://streetsofsilver.website to view the fee schedule this Ripple Gateway will launch with. Please note that USD withdrawals will be done via wire transfer and that is why the withdrawal fee is set so high; If I am able to find a way to reduce this overhead I will be able to reduce the fee drastically when/if this Gateway launches. That is all for now folks, please, provide me with your suggestions and feedback as to how I may be able to provide some value to the interested parties who may want to crowd-fund this project! EDIT: Someone pointed out via PM that the deposit fee for Ethereum on the site was listed as 0.1 ETH per deposit which is a preposterous amount, the actual deposit fee is 0.01 ETH, that was a typo.
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The entire crypto markets had a positive performance last year, as BTC price surged by almost 100 percent. However, altcoins had a mixed performance, with the price of ETH declining marginally while the price of XRP fell massively by 45 percent. Reach us on:- https://www.cryptoknowmics.com/news/ethereum-is-positioned-for-bottom-here-is-the-reason
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https://drive.google.com/file/d/1AQYUI-IGTP4Tb-EssjOldvqi8nJ4nwzz/view?usp=drivesdk If you want it and can build it let me know I'll even work for free RizaCity is an app that is similar to Pokemon Go, gamers will download the app and chase zombies around their respective cities. These zombies are generated from membership fees that gamers will gladly pay. The cost of membership is $25 a month, the company keeps five and the twenty will go into a escrow account we hold for when gamers cash out. That twenty is than turned into 2000 zombies with each being worth one cent. Gamers will hunt down these zombies and get a penny per kill. The average game will make hundreds even thousands a week legally of course. Gamers will collect their kills and when their ready they will have to go to RizaCity Mall to cash out. This is how Ripple is incorporated into the game....we will take ten percent of gamers membership fees and buy xrp. This single wallet will be managed by us but, belong to the 300 million plus gamers/members. The goal of this wallet is to manage millions of coins for the gamers and slowly deposit profits back into the game. For example, if the value of the wallet is $20 million today and $60 million next year, we'll introduce ten million dollars in zombies into RizaCity. Not to mention that the gamers monthly memberships will keep growing as well as the game grows. Gamers will have plenty to play for and keep them playing. So when a gamer converts his kills for xrp he or she does it thru that main wallet. The idea here is that xrp will be supported by the members and xrp will support the game. My dream would be that the players wallet will have a value of hundreds of billions. The price per zombie is a penny it will never change but the price of xrp will. For example, if a member has 35000 kills, its $350. So if the value of xrp is two dollars today or five hundred next week the gamer is still only cashing in $350 dollars. RizaCity Mall will be were they can buy anything from gift cards to houses using xrp from companies that will build their virtual store fronts. The only way to be truly successful is to make sure the gamers are our top priority. If we keep them happy there is no stopping us. Games are entertaining to some point than they either end or get boring. RizaCity will never end and will give all gamers a career doing what they love. The ultimate goal is to have a billion members with a gamers cash account that backd the crpyto and a wallet of millions xrp that backs the game. We will never stop buying xrp but, once we reach a certain value we will take five percent and convert it into zombies for gamers every month. The virtual mall will also generate billions in revenue which we'll take twenty percent and convert into zombies monthly. Advertising in the mall will generate billions and the same thing because, to be successful the gamers must make a living. Ask yourselves this, if xrp reaches 100k plus per coin who wouldn't accept it. RizaCity does what no one has been able to. It brings in the masses that will buy, sell accept and spend every single day. When I say the masses im talking about the public but, also millions of millions of business all across the world. These companies will accept xrp and at the end of the month sell them back to us at the value it was accepted. I've also figured out how to keep this app #1 ...gamers will not just hunt down zombies but also one another. Players will see each other as zombies and if a player kills another player he gets his money, Its almost like a Fornite battle royale but in real life. There is so much more, thank you for your time and please contact me at your convenience. Please share my post with everyone you know...the world needs this game. Gamers will be able to quit their jobs and play this full-time as a career.
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I wrote an article called Democracy and the Blockchain on coil inspired by Andrew Yang's endorsement of blockchain voting systems. I couldn't find anything about Ripple or Codius expansion into this potential use-case other than a comment on XRPChat: I've always thought systems like Etherum and Codius would be perfect for online voting. I think it's an area Ripple should delve into. It provides an application beyond simply making money. Running a nations electoral system on a smart contract or dapp platform would be great PR.
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Blog URL: https://coil.com/p/Hodor/The-XRP-Community-Fund-Foundation/dM4UuCJ5n The XRP Community Fund Foundation is primed to change the landscape of XRP; In today's blog I answer some of the questions people have posed and provide more background on the organization. And of course, there's something a little 'extra' for Coil subscribers at the end! I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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Blog URL: https://xrpcommunity.blog/xrp-news-update-regulation-on-page-one/ Part of crypto going 'mainstream' is regulatory compliance! I cover this and the latest news impacting XRP in my latest blog: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: The 'Financial Action Task Force' issues guidance for exchanges. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple is expanding into Brazil; Crypto Eri analyzes potential new xRapid corridors; Corporate Counsel interviews Ripple's Stuart Alderoty; and The Investment Association of China (IAC) appoints Yoshitaka Kitao as an advisor; 𝐊𝐚𝐯𝐚 𝐍𝐞𝐰𝐬: Kava announces they've upgraded Switch to support trading of Ethereum ERC-20 tokens. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Andre Ventura creates a new XRP fan video; Updates have been published about the Gatehub-related XRP theft; XRP Arcade is updated with information on meetups and a new tool for monetizing surveys; Crypto.com adds an option for earning interest on deposits; and Beaxy debuts with an XRP pairing; I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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Nice article showing the present state of the Ripple (XRP) competition. Source: https://ethereumworldnews.com/why-ripple-xrp-is-much-far-ahead-of-other-projects-than-what-we-realize/ -
Ever want to send a link to a friend that explains the basics of XRP compared to Bitcoin? In today's blog, I go over all the basics of XRP, including its features, capabilities, and include some of the major differences between it and other networks. While it's not an in-depth treatment of 'all-things XRP,' it serves as a convenient reference document if you're looking for a short explanation to share with somebody new. I hope you enjoy the read; leave any feedback below. Feel free to share my blog with a friend - or on any other platform - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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The use case for XRP rests on a large business use case that provides value for all stakeholders concerned: the businesses that implement it will save 50-70% on their current ForEx channels, and customers will reap the rewards with real-time money transfers that settle in seconds instead of days. In this latest blog post, I also cover some of the latest news, including Brad Garlinghouse's AMA, and David Schwartz's dramatic statements about Bitcoin and Ethereum's increasing levels of centralization. Also, there's a Coil meetup, and the XRP Tip Bot just received one of two amazing upgrades. I hope you enjoy the read: Feel free to share my blog with a friend - or on any other platform - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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In my latest blog, find out why strategic thinking leads us directly to XRP! Does XRP compare to Bitcoin or Ethereum when crypto investors are making their portfolio choices? I don't think so. With the latest developments from Ripple & Coil, and xRapid's status as the only digital asset with a comprehensive liquidity solution for financial institutions, it's tough to find much upside in the competition. I hope you enjoy the read & please leave any feedback below. Also, feel free to share my blog with a friend or on any other platform - and of course thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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Smart contracts are an innovation that is at the start of its adoption cycle; eventually, you will see smart contracts being used all over the world and by a multitude of businesses and even governments. I describe how Ripple's Codius smart contract platform fits into this trend, and just how it compares to Ethereum's smart contract model. Hope you enjoy the read & please leave any feedback below: Please feel welcome to share my blog with a friend or on any other platform - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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So I was thinking that Xpring will lead to Ethereum being an after thought in the crypto market. Knowing the capabilities of Xpring we know it can do more than Ether and has a huge backing already when you add in Ripple's partners. How does this equal the death of Ethereum though? My thoughts are we know the sec is constantly scrutinizing Ether and could say it's a security. This would kill every dapp on the platform. Coin creators would be livid and would want to sue the SEC because of this. But what if they had a better option? Enter Xpring. The XRP ledger can hold any coin or token today. It doesn't matter what platform it's on and it can be easily added to the ledger with its current value. So why is this a possibility? Ripple's partner The United States Federal Reserve. To maintain a semblance of control they need an asset they can 'trust 'and that isn't Ether. I see them kicking Ether to the curb and have Xpring scoop up every dapp and token on the Ethereum platform. Imagine all that value coming into Xrp almost overnight. I find this outcome highly probable given the current circumstances. Thoughts?
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Hi fellows, just wanted to share my story in short. I've been in Ripple from 2013.; been working on WCG and aquired good amount of zerps. Sold everything in last peak, and bought ethereum now in this correction. Thing is I don't beleive in XRP anymore. Ripple as platform has potential, but I don't see XRP going higher much more. I don't like Ripple management, their PR, marketing tricks for short-term gains, etc. Going on different ride now, Ethereum on other hand is completly different story. I look at it as Android on blockchain. Good luck!
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http://tass.com/economy/997474 Not to worried here as Russia is not rally in a position at this moment to set standards. Yet it is encouraging that blockchain is eyed by a Central Bank. -
Hi All, Interledger seems to be a cheap, seamless and fully mature technological solution for sending money accross blockchains, accordint to what I have read about it in the press, on its website and from Ripple. As a result, I have recently been perplexed why interledger solutions that send money accross public blockchains are not more popular within the cryptocurrency community. In my research, I recently found 2 plug-ins on Github that claim to send money, presumably accross blockchains. This Ethereum interledger plug-in was created by Ripple's Evan Schwartz and this Bitcoin interledger plug-in was created by Ripple (according to this CoinDesk article) and was also contributed to by Evan Schwartz. Can someone explain to me how one would download or use these plug-ins to send money from Bitcoin to Ethereum? Or how they work logistically? How would you find a connector to help you execute a trade? I am not a developer and don't really know where to start looking at these pages. Any guidance would be much appreciated. I would also appreciate any thoughts on why solutions for sending money accross public blockchains using interledger are not more mature, when interledger seems to be a mature technology used by banks/ripple and lauded by the crypto press. After all, it seems like interledger should be able to function as an infinitely scalable and cheap decentralized crypto-currency exchange. Thanks!- 1 reply
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Hi All, Interledger seems to be a cheap, seamless and fully mature technological solution for sending money accross blockchains, accordint to what I have read about it in the press, on its website and from Ripple. As a result, I have recently been perplexed why interledger solutions that send money accross public blockchains are not more popular within the cryptocurrency community. In my research, I recently found 2 plug-ins on Github that claim to send money, presumably accross blockchains. This Ethereum interledger plug-in was created by Ripple's Evan Schwartz and this Bitcoin interledger plug-in was created by Ripple (according to the Coindesk article above) and was also contributed to by Evan Schwartz. Can someone explain to me how one would go about using these plug-ins to send money from Bitcoin to Ethereum using these plug-ins? I am not a developer and don't really know where to start looking at these pages. Any guidance would be much appreciated. I would also appreciate any thoughts on why solutions for sending money accross public blockchains using interledger are not more mature, when interledger seems to be a mature technology used by banks/ripple and lauded by the crypto press. After all, it seems like interledger should be able to function as an infinitely scalable and cheap decentralized crypto-currency exchange. Thanks!
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Can the crypto markets safely put regulations in the rear-view mirror in 2018. Short answer: Yes. You'll have to read my blog to discover why I'm so confident that regulation will not impact crypto or XRP in 2018. Hope you enjoy - please leave any feedback below. Feel free to share my blog with a friend or on any other media - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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As you can see in the picture below. I ran a 24 hour poll..With over 100 particpants.. I didn't define the poll in any particular way just a simple, "Which Crypto Coin Will Be Ranked #1 In 2020? As you can see Ripple was the overwhelming winner at 46%, which I thought was rather shocking.
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https://www.express.co.uk/finance/city/911424/Bitcoin-price-warning-dollar-Ripple-ethereum-bitcoin-crash "Bitcoin, Ethereum and Ripple are likely to be targets of "inevitable" regulatory crackdown" "adding that a tax crackdown could also hit investors" -
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Hi, guys! This is a big step in the future of payments so be the first to know about it and spread the word. I haven't had a reply yet. -
https://www.profitconfidential.com/cryptocurrency/ripple/ripple-price-prediction-3-reasons-investors-upset-bloomberg-report/ -
Ethereum News Update As predicted, the folks at this year’s World Economic Forum in Davos, Switzerland hedged their bets on cryptocurrencies. On one hand, they don’t think Bitcoin is a stable currency; on the other, blockchain is a super-useful technology…for anything other than money. If you’re wondering why this matters, remember that Davos is where elites gather to form the “conventional wisdom.” Not all of their forecasts pan out—as they’re not omnipotent in the way conspiracy theorists would have us believe—but they are extremely influential nonetheless. Read Here... https://goo.gl/NfrhbF
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Over the last couple of months, the Ethereum network has reported record activity, peaking at over one million transactions a day. This growth has come at a price in the form of slow or backlogged transactions, causing fees to reach record highs and ICO participants to miss out on token sales after failing to push their ether through in time. On Wednesday January 17, two exchanges reported ethereum withdrawal issues that were affecting users. First up was Bitstamp, which noted that there were ETH withdrawal delays, before updating the situation four hours later to say the matter had been resolved. Users of Kucoin exchange have been more significantly affected on account of ethereum withdrawal delays that have dragged on for days. The exchange posted the following notice on Wednesday, including a novel suggestion: that users withdraw in neo instead of ether. This suggestion is unlikely to have been of much help to users who needed their ETH to interact with the ethereum ecosystem. More Gas, More Money, More Problems Following the notice, Kucoin followed up with a blog post containing a form to be filled in by users who were still waiting for their ethereum withdrawals to be processed. A week prior, the exchange had explained that ETH withdrawals were subject to delays as they were being released at four-hour intervals. Not everyone has been convinced by Kucoin’s decision to lay the blame on the Ethereum network though, with some users pointing out that the exchange’s ETH withdrawal fees are five times higher than on other sites, which seem to be processing transactions just fine. What is beyond dispute is that numerous exchanges have encountered similar problems of late, with Bittrex reporting only a week ago: “Due to incredibly high gas prices, we’re preventing new ETH and asset deposit addresses from being created. Existing deposit addresses will work as normal.” Eth Gas Station currently reports fast transactions as requiring 51 gwei, or around $0.93 to process. The web is awash with crypto projects promising that their new blockchain can handle a gazillion transactions a second. The reality, however, is that if these networks were ever to be stress tested in the wild like Ethereum or Bitcoin, they would face the exact same same problems. Scaling blockchains while preserving decentralization is even harder than it sounds. full story here: https://news.bitcoin.com/ethereum-network-congestion-forces-exchanges-halt-withdrawals/
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Ethereum News Update On the Weiss Ratings homepage, there is a live countdown to its upcoming release of “…the First Bitcoin and Cryptocurrency Grades by Any Rating Agency in the World.” Dramatic, much? Although impartial ratings are a crucial step for investment credibility, I want to remind readers that it is incredibly hard to price cryptocurrencies, much less assign them a letter grade for safety. Nonetheless, if you’re interested in the reports, you can have them delivered straight to your inbox at 2:00 p.m. (UTC). Below is a quick breakdown of what you should expect. https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-davos-weiss-ratings-ethereum-price-rally/
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So I just posted this in the CryptoMarkets subreddit. We need more coverage of XRP and Ripple there, BTW. With all the good news about XRP and Ripple, I expected to see more. On Twitter:- 19 replies
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