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Hi everyone, I work for a non-profit startup, which was crowdfunded by the community, called hybrix. --> https://hybrix.io/ We are a huge supporter of Freedom of transactions, ie to freely transfer value whenever and however you see fit, in either physical or digital form. To this end we created an open source platform, where user safety and controle is paramount. We built an js library which you can checkout at: github: - https://github.com/hybrix-io npm: - https://www.npmjs.com/package/hybrixd Wondering what the Ripple community thinks of this and how we can be of service to each other, greetings!
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When I say "great building" I'm not talking about Ripple's new office space, which probably deserves it's own op-ed article. (source: _https://www.xrpchat.com/topic/5802-changing-of-the-guard-ripples-new-hq/_) This post is about the next phase of Ripple's strategy, and it involves getting new creations and innovations developed based on ILP, and potentially with the RCL and XRP. Ripple has executed their own business plan flawlessly to this point, and now that liquidity is gaining momentum, they can focus on the core of what they do with unmatched excellence. Coding Yes, it's not just "coding." I know there are architects, distributed network engineers, developers, coders, and in the case of Ripple, cryptographers as well in the mix. The company is composed of many of these individuals; it's been rumored that Ripple is composed of 65 % technical staff, which would put this number at well over 100. (source: _https://www.xrpchat.com/topic/978-any-ripple-developers-based-in-spain/?page=2_ ) So what are they Building? Ahh, the question of the moment! The RCL is "done," for the most part, right? Payment Channels is now released into the wild. The consensus algorithm has been around and tested for roughly five years or more now. So that begs the question... what indeed are Ripple developers working on? I do NOT want the company to reveal it, but it's interesting for us to speculate the magic that these top-tier industry leaders are putting together in their new open spaces in the downtown of San Francisco. Personally, I'm hoping for an AI add-on like they've alluded to in recent news articles. (source: http://bankinnovation.net/2017/04/ripples-focus-on-innovation-is-a-clear-win-for-banks/) Or perhaps it's something that might run distributed applications? (That one is just pure speculation on my part!) It is interesting to think about what the best 100+ developers could do in a short time; we know that they are developing integration plugins for other businesses and individuals to build on, to quickly expand the footprint of RCL's use cases and XRP's utility. ...and we know they can put together some killer demos with these plugins! (source: http://www.coindesk.com/interoperability-boost-ripple-sends-blockchain-transaction-across-7-different-ledgers/) So we know Ripple has top-tier crypto talent, but what about other talented developers in the world community at large, and business partners of Ripple in specific? Business Partners Ripple recently partnered with BitGo to develop enterprise wallet solutions for financial institutions and integration plugins for Ripple business partners. We can see the fruits of that labor with six exchanges being opened in less than two weeks during May. There is no other crypto-currency that can boast that integration speed. (source: http://www.econotimes.com/Ripple-expands-partnership-with-BitGo-to-list-XRP-on-six-new-exchanges-712488 ) Open-Source Development Since the beginning, Ripple has always made their code open-source, from the Rippled code itself, to the code underlying the components that they've created. This approach is an industry-standard, and Ripple was intelligent enough from the beginning to realize that this openness would make them stronger, not weaker. They recently have started to participate in events to bring the spotlight onto their open-source components, and conducted demonstrations of their new plugins. As an example, Ripple recently participated in a hack-a-thon to encourage others to develop using the inter-ledger protocol (ILP) Source: Demand for Developers The overall demand for developers who know Ripple technology is increasing, and there are now technology consulting companies that are performing integrations for banks without Ripple's direct involvement. (source: https://ripple.com/network/system-integrators/) We're at a new stage of Ripple's strategy. For somebody that has watched the adoption of this transformational technology since it's rise to prominence in the crypto space, this moment is sweet indeed. I can't wait to see what's next!
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Open Code A lot of code has been written to integrate with Bitcoin. Being first to market helped it generate a tremendous amount of enthusiasm and curiosity among the open-source development community, and more Github projects have been created for that blockchain than any other. (source: https://news.bitcoin.com/bitcoin-projects-github-surpass-10000/ ) Does this mean that bitcoin is more "open" than other coins? No; "open-source" is simply a boolean, and it means whether or not the code is available to the public and is able to be compiled from it's source using version control packages such as Git. Check a "yes" in that column for Ripple and XRP. The code for RCL, the Ripple Client, XRP, and the ILP (standard) are all open-source and available on Github. Open Standards Ripple has gone well beyond other crypto-currency creators and blockchain technology in this cateogry, however, by pushing for a common standard of payment transaction communication between different systems, championing the Inter-Ledger Protocol. The two leading standards organizations W3C and IETF ( https://ripple.com/files/ripple_ILP.pdf ) have teamed up with Ripple to establish the Inter-ledger Protocol as an international standard. Walking the Talk The Ripple Consensus Ledger was among the first to implement to this ILP standard, and directly supports integration with other ledgers. ILP allows any other FI or bank to keep their existing ledgers and systems in place without disruption, and also maintain any required level of privacy. ( https://ripple.com/insights/implementing-the-interledger-protocol/ ) When banks choose to implement Ripple software packages, they can choose to make them "ILP-enabled." When they do that: Consistently looking beyond their own interests, Ripple has committed to building the foundation for open payments across all types of currency and financial instruments, sharing their code, and leading the charge for new international standards that developers can depend upon when creating something new. When you invest in XRP, you are also helping to support Ripple, the one private organization that's gone beyond others in championing open payments and standards!
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