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Hello I am trying to prepare for the flare fork with my xrp and nano. I created a MEW and did all the steps on XRPtoolkit, I got my "message key" but when I go to add that to account properties on XRPtoolkit, it says "invalid hash" meaning I cant complete it. Been goolging and trying for over 3 hours. Does anyone know what this message means or how to fix it? I have DMed the staff on Twitter but really would like to fix this
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Yesterday, the first successful "Stipend" transaction was performed on the SystemD Testnet. What is a Stipend payment? A Stipend transaction is a payment of 120 SYD to an activated and qualified account. One Stipend payment is included in each ledger closing. Each qualified account can only receive 1 stipend payment per day. In the initial stage, there will be ledgers that do not have stipend payments in them, once all of the possible stipend payments for that day have been made. Once the number of qualified accounts becomes greater than the number of ledgers per day, then the system will select the stipend recipients for each day in a random manner. We will be releasing a new version of xts-rippled that includes the new Stipend feature after more testing.
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We are happy to announce that we have just released the first version of the SystemD Desktop Wallet. Linux and Windows versions are now available for download: https://github.com/VokezOfficial/systemd-desktop-wallet/releases/tag/v1.5.1 We also have a versions for OS X, 32 bit and 64 bit. Although we have not been able to test them. If there is anyone who would like to test the OS X version(s), please let us know and we will provide you with OS X download links. All feedback is welcomed!
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- 9 replies
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- ripple
- blockchain
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A day to look back at, in the years to come.
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http://moneyandstate.com/thoughts-on-segwit2mb/ Writings by Eric Voorhees. Pretty spiritual. Has come far since the days of running gambling platforms. Substantial bitcoin holdings must put things in perspective. Not that I disagree on the fundamentally flawed nature of Bitcoin, just that is hard for me to buy into the moral higher ground from which he is trying to speak from. I also think he understates the technical challenges and overstates the potential in general.
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Everyone noticed the low trading volume during the last days. I guess most investors are waiting for news from Ripple (expected escrow, new partnerships, live currency exchanges, ...) but they might also be waiting for the coming btc forks to happen; see how things turn before chosing where to invest. I have to admit I am not sure to fully understand the possible effects on XRP if forks are a success or a failure. Does anyone has an opinion about it?
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The forks for Bitcoin are once again causing market uncertainty and unstable prices; I break down the fork news and talk about the differences between how Bitcoin, Ethereum, and XRP code is governed. Can you guess which of those three has the type of enterprise-level code governance that banks and FIs will want? Hope you enjoy the read & feel free to leave any feedback below. As usual, please feel free to share my blog on any other media, and thank you for doing so! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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This blog entry is my pre-SWELL round-up of significant crypto news items affecting XRP and Ripple. I discuss a variety of Ripple and XRP-related items, and also cover the Bitcoin fork(s) news. As always, please leave any feedback re: my blog below, and thank you sincerely for sharing my blog with others. Hope you enjoy & good luck to the Ripple team preparing for the big day tomorrow! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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Bitcoin and cryptocurrencies are getting an extra spotlight these days because of the Bitcoin Cash fork. I think this is a huge opportunity to use this momentum and let the the world, and especially financial institutions and investors, realize what went on and why Ripple is so right on their different path. Some journalist should pick this up! Ingredients: - Segwit gives Bitcoin 1.6 - 2 times the speed; nice but still nowhere near a requirement Financial Institutions would demand to consider switching to it - Bigger blocksize could be better, but the way they seem to have made their point is to fill Bitcoins mempools with spam transactions, slowing it even more. Financial Institutions dont want to rely on a infrastructure where sabbotage is used, nor a never ending debate on directions - A big part of the debate above was based on wrong incentives: mining for as much money as possible. In adition, Asicboost could have made mining easier, but also less profitable. And so, directions on that where getting that option of the table as well also part of the hidden agenda - .. Many of these things would be very unlikely with Ripple: it has Spam protection, people do not mine for money yet everybody can run a validator through which it's far more decentralized now than Bitcoins big mining pools with way too much power. Ripple by far has the largest transaction speed available that make the tiny speed acceleration debates on Bitcoin almost pathetic, and even when Ripple at some point should need even more speed, this would be decided responsibly and with only one incentive: serving their clients at their best needs. Anyway, @Hodor, @JoelKatz and all others, how about getting this perspective on the front page of some recognized financial medium using this fork momentum?
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I wonder what the effect of august 1st will be? Will people move over to altcoins? Bitcoins dips and altcoins rise. Will the whole crypto market have a dip? Will it have a positive effect on the whole crypto market? What do you think will happen?
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Recently, there has been some talk about the possibility of the Bitcoin block chain “forking” or splitting into two chains. If the fork happens, GateHub Fifth is prepared. Read our official statement on the blog: http://blog.gatehub.net/post/159448330462/about-the-potential-bitcoin-fork
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This came in my email today: As you may know, there is the possibility of a hard fork of bitcoin into two tokens, one based on the current protocol (XBT) and one based on an alternative implementation, Bitcoin Unlimited (XBU). If this hard fork were contentious, both blockchains could continue to be mined, and both tokens could retain material value and be traded on spot markets. In this scenario, Crypto Facilities would follow the below procedures to assure the safety of your bitcoin deposits and the integrity of Futures trading: Indices: Crypto Facilities would calculate a new XBZ/USD real-time index (for marking) and reference rate (for settlement), representing the combined price of XBT and XBU. Outstanding Futures Contracts: All outstanding bitcoin Futures and Turbos would be marked to and settled on XBZ/USD. This means that they would reference the combined value of both tokens, such that the impact of a potential split of value is mitigated. Potential Suspension of Trading: It may be operationally impossible to implement a XBZ/USD index without delay right after a fork. For as long as the integrity of the new index cannot be assured, we reserve the right to mark outstanding contracts manually or to suspend trading. We would strive to minimize any such interruptions. New Futures Contracts: All new maturities of bitcoin-related Futures would be listed on either of XBT or XBU, depending on what we deem to be the “major” token. We reserve the right to not list any new Futures for as long as no major token has emerged or to list Futures on both tokens. We would inform you about the decision we will be making in this respect. Bitcoin Balances: We would credit your account an amount of XBU equal to the amount of XBT you owned right before the hard fork and support withdrawal of both. We may suspend withdrawals of either token as long as we think there is a risk of replay attacks or other issues. We may allow only deposits of the major token. We recommend you do not deposit any bitcoins while the post-fork situation is unclear. Elliptic Weekly Settlement: We settle your bitcoin balance on the blockchain once a week in cooperation with Elliptic. These settlements may be suspended while there is a risk of replay attacks or other issues. In a scenario where only one of XBT or XBU retains material value (“winning token"), we would assure that our current bitcoin real-time index and reference rate represent the value of the winning token, outstanding and new Futures contracts would continue to reference that reference rate, and transfers would be supported only for the winning token. As always, please do not hesitate to get in touch through contact@cryptofacilities.com if you have questions or concerns. Your Crypto Facilities Team
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- cryptofacilities
- blockchain
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