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  1. Blog URL: https://coil.com/p/Hodor/Believe-in-the-Use-Case/wVlly8kWp 𝐓𝐡𝐞 𝐮𝐬𝐞 𝐜𝐚𝐬𝐞 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐤𝐢𝐧𝐠, and there is one digital asset positioned for globally-scoped levels of usage and transactions. Learn more, and find out my take on all the latest news affecting XRP in today's blog. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Xpring fund Equilibrium, a company that will make participation in ILP much more easy for stakeholders; Coins.ph releases a video celebrating its RemTech Award and profiling its use of digital assets; Xendpay re-affirms its use of Ripple technology, this time for a Kenya corridor; and FortePlatform makes headlines in a new interview. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Cinnamon formally announces a soft test release of its video streaming platform. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Six independent websites exist where stakeholders can access information about validators on the recommended UNL; @hmatejx announces that he's going to create an automatic tool for tracking xRapid usage; Blockdaemon announces outsourcing service for businesses wanting to run an XRP Validator; and Poloniex adds new stablecoin pairings for XRP. 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
  2. Blog URL: https://coil.com/p/Hodor/Ripple-s-Q2-XRP-Markets-Report/PtwyGPFwt Ripple is altering its reporting 𝐚𝐧𝐝 restricting future sales! Read my analysis of the Q2 XRP Markets Report to learn about this important shift: 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple releases its Q2 XRP Markets Report; David Schwartz adds to his analysis of Libra; A new MoneyGram deal with a South Korean payment processor is announced; Ripple unveils its 'Advisory Board'; and Sagar Sarbhai comments on the importance of interoperability at the 2019 Bangkok FintTech Fair. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP Community developers create tools for monetarily rewarding XRP validator operators; Bithomp adds support for Ellipal; and Binance Singapore confirms its plans to support XRP. 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
  3. I have looked at a lot of threads to find out why running validators is not incentivized "monetarily", but have failed to see any reasoning of why it is that way, although there are a lot of answers wrt to what are the incentives to run a validator namely, the users wanting to make sure the network stays healthy and so on, but I feel the XRP ledger can reach a higher level of decentralisation if the community votes for the incentives mechanism. There are real costs of running a validator and although I want to run it, can't because I don't have the necessary resources. If the incentives mechanism is in place I am sure there will be a lot of nodes popping up and it could basically change the whole landscape for XRPL. The incentives can be made in the following ways from the top of my head, I am sure there might be many efficient ways, but what do I know: An escrow account can be set up to release the huge amount of XRP's the company owns to people who run validators, basically 1 XRP / x TXN's. By providing fees equivalent to or a percentage of whatever XRP is burnt. This way the asset remains deflationary but incentivizes the validator operator to at least offset/break even the cost of running a validator by this fees. One downside maybe the txn costs increases, but that won't be by that much...(hoping). Although ripple as a company has dedicated itself to decentralize the XRPL much further in 2018, but what I have seen is that the validators are being mostly run by institutions which have vested interests and although that is good, I also want to see validators run by individuals and if such incentives are in place I totally believe more and more people will start hosting validators.What are the long/short term implications of doing this, Also, what are the pros/cons? Also I think its technically possible, but still I am not sure. PS. I am a total newbie, so probably I am making a complete fool of myself here Also, would like answers from @JoelKatz and @nikb Thanks
  4. So AGAIN no way to externally verify that they actually did do this intentionally and this is not just someone who stole their TLS cert...
  5. The Internet of Value now has the tools, solutions, and the people to transform the world; the only limit is our collective imagination! In this latest blog, I talk about how progress is accelerating for the companies that use XRP & its associated micropayments capabilities, as well as ILP and Codius. Ripple just signed NCB & I provide my take on why they chose to publicly announce this new customer addition to RippleNet. Cory Johnson is interviewed at the Milken Institute Asia Summit, and CNBC quotes Sagar Sarbhai from Ripple on xRapid's production rollout. A new WordPress plugin for Coil has now been created. To top off the last few days, a new version of XRP was just released, and it includes an exciting new amendment. 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 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
  6. 2018: XRP Ledger’s Year of Decentralization Ripple has indicated that 2018 is the "Year of XRP Decentralization." In my latest blog, I talk about the history of decentralization, how it's measured or evaluated within crypto, and the concrete steps Ripple is taking to further this aspect of the XRP Ledger. I discuss Ripple's next steps for 2018 when it comes to decentralization, as well as what their goal is at the end of this process. For those that have been curious, or have heard FUD on other forums about XRP's decentralization levels, this is the blog for you! Hope you enjoy; please leave any feedback below! In addition, feel free to share my blog with a friend or family member, or on any other forum - 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
  7. https://ripple.com/dev-blog/rippled-version-0-81-0/ This is a big step towards decentralizing control of the XRP Ledger! Update your validator settings!
  8. 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
  9. As Ripple progresses towards further decentralizing the XRP Ledger, we want to make server operators and members of the XRP Ledger community aware of a few upcoming changes to help ensure the reliability and stability of the network as it transitions to a distributed architecture with fully decentralized validators. https://ripple.com/dev-blog/decentralization-strategy-update/
  10. I've read that the rules of the protocol determine if a transaction is valid, but I can't find an actual list of those rules. Is it buried in the code or is there a separate document somewhere?
  11. I have been reading about Bitcoin routing attacks and I'm wondering how things differ with Ripple. Quick summary of what I read: Bitcoin uses a general gossip protocol which broadcasts all transactions to the network. Internet routing infrastructure is insecure and can easily be manipulated by attackers to intercept Bitcoin traffic. Bitcoin messages are exchanged in clear text and without integrity checks, any (malicious) third-party on the forwarding path can eavesdrop, drop, modify, inject, or delay Bitcoin messages. Bitcoin is extremely centralized from an Internet routing perspective. (Only 13 ASes host 30% of the entire network, while 50 ASes host 50% of the Bitcoin network.) Any malicious ISP with access to the Internet routing infrastructure can perform a routing attack by partitioning the Bitcoin network and isolating 50% of its mining power. Any ISP transiting Bitcoin traffic can delay the propagation of mined blocks (for up to 20 minutes), in a stealth way. Many examples of actual routing attacks that ended up diverting Bitcoin traffic have been found. So, how does Ripple differ? How are transactions broadcast? I'm assuming end-to-end encryption isn't used, because then validators wouldn't be able to see what they're validating?
  12. I overlaid the RCL validator map from https://charts.ripple.com/#/topology to a map of the US showing major cities and thought it might be fun for everyone to do some speculation. It got more interesting than I anticipated. I know IP mapping isn't 100% accurate but I think this gives some insights and I'm sure others can come up with more. Also, keep in mind the size of the dot indicates the number of connections for that validator. Using Ripple as a control you can see a few validators in the SF area that would represent their connections. The giant dot in Southern Kansas seems to be due to this: http://fusion.net/story/287592/internet-mapping-glitch-kansas-farm/ The giant dots in southern WA are maybe another IP mapping issue, but I believe there are server farms in that area. The small validator in Boston seems to offer another control as it seems that would be MIT. Seems to be a bit of dedicated processing power near Seattle. Microsoft maybe? Curious about all the power in Dallas/Houston. Look at Washington DC. If there are any positive indicators that Ripple may be the first crypto approved for interbank settlement in addition to the tweets, extensive compliance team, Faster Payments situation, etc. @papa Pointed out that Washington DC has the most connections. I count 6 validators with what looks like more than 2x the connections in the Silicon Valley area. This is obviously the headquarters for the Federal Reserve (I only mention that because of #8). The validators in Dallas/Houston are what sparked my interest in this, but as I fell down the rabbit hole the most interesting thing I've found as I've dug in a bit is that of the 12 Federal Reserve Banks throughout the country, seven of them have validators (SF, KC, DAL, NY, CHI, ATL, BOS). The exceptions are Minneapolis, Philadelphia, Richmond, Cleveland, and St. Louis. Philadelphia does have a validator in PA not too far away, but it wasn't right on the dot. Not trying to make outlandish assertions, but that's interesting! #8 makes me believe there is a decent chance the fed is already watching these tests. How would banks have the confidence to use XRP in live trials if the Fed wasn't watching. Seems to make sense. Also make sense that they would run a validator so they can audit the transactions. You know they want that kind of control and visibility. Also makes sense as to why DC would have more connections by far than any other city. Still curious about Houston, Southern WA and those validators defaulting to Kansas. Any Ripple partners in Houston? That's all I got. Didn't expect to go so crazy, but hopefully you guys enjoy.
  13. Source: https://www.finextra.com/pressarticle/66275/cgi-to-implement-ripple-validator-node
  14. I thought it would be nice to have a place to post any updates to the validator registry. The current verified list: ripple.com x 5 (Ripple) rippled.media.mit.edu (MIT) xagate.com (Ripple Gateway) mduo13.com (Reginelli) youwant.io (Schwartz) Microsoft's Marley Gray stated they are currently running an unverified validator. Marley is the director of technology strategy for financial services in the US at Microsoft. He also runs the company’s innovation labs in New York City. Source: https://ripple.com/insights/microsofts-marley-gray-ripple-and-ilp-will-be-the-fabric-of-multi-chain-future/
  15. Hi everyone, I'm starting to dig into the protocol and I've spotted this page: https://validators.ripple.com/#/validators. I was wondering, how do you calculate the percentage of ledgers that passed consensus and were validated by a specific validator? I guess that this can be done by listening to the "validation/signature flood" that happens after each successfully terminated consensus round. Is there a way to achieve the same result through the API? I.e. to know, given a past ledger, which validators participated to the process?
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