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Blog URL: https://coil.com/p/Hodor/Who-Are-We-/nYDeI7a3R My latest blog is only for Coil subscribers, where I ask - and answer - the question 'Who are we?' 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
Some readers prefer hard facts and numbers to detailed interpretations. In this blog entry, I provide you with some of those hard facts and numbers for XRP, all collected in one place. I give a short intro into each section; Most of the statistics I started gathering a couple days ago, but I used the latest wallet stats because I wanted to quote the "over 500K" number! Hope you enjoy - please feel free to leave any feedback below & of course feel free to share in any other media! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum (still TBD - technical difficulties for now) Bitcointalk - XRP speculation thread (still TBD - technical difficulties for now)
Updated from the last time: Total Official Adoption Per Ripple: 15 of the top 50 World banks currently work with Ripple 30 active bank integrations are in progress RCL covers 87% of Foreign Exchange pairings 9 Different Countries with banks implementing Ripple in production (source: https://ripple.com/ ) Chronology of Banking Adoption – last six weeks only April 24, 2017 – eZforex and Star One Credit Union go live on four continents with international transfers and payments. (source: http://www.businesswire.com/news/home/20170424006427/en/BlockChain-U.S.-Financial-Institutions-Reality-eZforex.com-Ripple) May 12, 2017: Ripple signs up Axis Bank and Yes Bank from India (source: http://www.bitsonline.com/ripple-india-bank-retail-payments/ ) May 19, 2017: Nagoya Bank, Mitsubishi UFJ Trust and Akita Bank join the Japan Bank Consortium to use Ripple technology stack. (source: https://twitter.com/ripple/status/865684354072051712) June 2, 2017: Ripple signs up 10 new banks to its network. (source: http://ftreporter.com/ripple-extends-its-blockchain-network/ ) Chronology of Price & Liquidity May 16, 2017: Ripple announces XRP Lockup Plan. ( source: http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/ ) May 18, 2017: Ripple integrates XRP onto 6 different exchanges in two weeks. (source: http://www.newsbtc.com/2017/05/18/ripple-xrp-six-exchange-platforms/ ) June 5, 2017: 8 new exchanges directly trade XRP (source: https://webcache.googleusercontent.com/search?q=cache:9MNVeFv7QywJ https://cointelegraph.com/press-releases/blockchain-exchange-bitsane-introduces-ripple-trading-at-consensus-2017 ) Numbers for Bank Savings: 33 % Cost Savings based on minimization of settlement delays, without using XRP. (source: https://ripple.com/files/xrp_cost_model_paper.pdf) 42 % Cost Savings Using XRP (even assuming initially high volatility) (source: https://ripple.com/files/xrp_cost_model_paper.pdf ) 99 % Cost savings in Basel III rule requirement for bank liquidity using XRP instead of Fiat (source: http://www.pymnts.com/news/b2b-payments/2016/a-closer-look-at-ripples-money-saving-claims/ ) Numbers for Network Performance: Tens of thousands of TPS (transactions per second) speed of XRP, rivaling 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/ ) 3.56 second settlement speed of the RCL. (varies with a small standard deviation. Source: https://ripple.com/xrp/market-performance/ ) Numbers for Ripple Leadership: 2 leading standards organizations W3C and IETF have teamed up with Ripple to establish the Inter-ledger Protocol as an international standard. (source: https://ripple.com/files/ripple_ILP.pdf ) 1 IMF Advisory Committee has one Ripple Board Member, and no other crypto-currency or digital asset is represented (source: http://www.imf.org/en/News/Articles/2017/03/15/pr1784-imf-managing-director-welcomes-establishment-of-high-level-advisory-group-on-fintech ) Numbers for XRP Fan Base: 3,939 Members of XRPChat (more than doubling in two months) "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes." - Warren Buffett ######## DISCLAIMERS ########## I DO NOT HAVE INSIDE INFORMATION THIS IS NOT INVESTMENT ADVICE PLEASE DON'T TRADE CRYPTO WITH LEVERAGE I'M A BRIEFS GUY NOT BOXERS
I heard you like hard facts and numbers. Six new exchanges in two weeks. (source: https://ripple.com/ripple_press/xrp-liquidity-increase-listings-six-new-exchanges/ ) 47 Bank consortium finished pilot and now will XRP commercially. (source: https://ripple.com/insights/forty-seven-japanese-banks-move-towards-commercial-phase-using-ripple/) One provider of foreign currency for travelers - eZforex - using XRP. (source: http://www.businesswire.com/news/home/20170424006427/en/BlockChain-U.S.-Financial-Institutions-Reality-eZforex.com-Ripple ) Ten new financial institutions sign to integrate with Ripple (source: http://www.cnbc.com/2017/05/26/bitcoin-rival-ripple-is-sitting-on-many-billions-of-dollars-of-xrp.html ) Tens of thousands of TPS (transactions per second) speed of XRP. (source: https://ripple.com/insights/ripple-continues-to-bring-internet-of-value-to-life-new-features-increase-transaction-throughput-to-same-level-as-visa/ ) 3.56 second settlement speed of the RCL. (varies with a small standard deviation. Source: https://ripple.com/xrp/market-performance/ ) One international protocol, ILP (Inter-ledger protocol) founded by Ripple Two leading standards organizations W3C and IETF have teamed up with Ripple to establish the Inter-ledger Protocol as an international standard. (source: https://ripple.com/files/ripple_ILP.pdf ) 3,324 active members of xrpchat (almost doubling in two months) One new wallet, most likely a result of JoelKatz + 3rd Party. source: The latest good news is awe-inspiring; trust your own critical thinking in evaluating XRP against any of its rivals. Make the comparisons. Then decide which crypto-currency is ultimately going to ascend to the top...
Please see here for a small but slowly growing NXT statistics API. There is also this page which will report various current market statistics such as the USD/CAD exchange rate, XRP priced in USD and CAD, Precious Metals priced in USD and CAD, the current Gold/Silver ratio, the current price of Bitcoin in CAD, and the XRP order books for most of XAGATE's issuances over the Ripple Network.