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  1. I'd like to invite you to check out XRPLore, my new blog in Coil where I post about the ever-growing list of projects that either have been built or are in the works around the XRP Ledger. The objectives of XRPLore are to help spread the word about the outstanding work done by the Developers within the XRP Community through their projects, while also supporting the One More Home XRP fundraiser via Coil streams that result from Coil subscribers reading the weekly project spotlight and accessing the curated list which will be updated every month to reveal the projects covered each coming month. https://coil.com/p/moncho/XRPLORE/IqobsS8Bz Would really appreciate your feedback!
  2. Hey All! I wanted to share my latest blog. A long overdue XRPLORE edition about one of the legacy XRPL projects and a key player in the XRP ecosystem: Bithomp. If you find yourself with some extra time, I invite you to browse through the different posts I have written in Coil on XRPL projects (8 so far counting now Bithomp) I hope you and your loved ones are safe in these difficult times. https://coil.com/p/moncho/XRPLORE-Bithomp/5TLiO4Lt
  3. (1/2) - 22 February 2020 Although never confirmed by Jed McCaleb, the "tacostand" XRP wallet (rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv) is well-known to belong to him. A quick look at the wallet and its transactions (https://bithomp.com/explorer/rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv) and you will quickly notice that Mr McCaleb manages his funds following a very strict routine. Every morning at 08:02 UTC, 1.7M XRP are sent to another wallet. The so-called wallet, activated by Jed, is then "in charge" of selling the XRP. A rigorous routine is also in place. Wait 09:00 UTC and you will see on the ledger the first "create offer". Offer that is usually selling 1M XRP for USD Bitstamp (IOU). Keep an eye on the XRP:USD.Bitstamp orderbook and you will see that the order is algorithmically managed. The price (exchange rate) of the limit order is, if needed, constantly adjusted. As an example, last Thursday (2020-02-20), the limit order was canceled and re placed 13 times. Jed aims to sell the XRP. The more the offer is at the edge of / at a competitive price on the orderbook, the more chance it has to be filled. However, this Saturday morning, 22 February 2020, Jed's automated bot sold 1.7M XRP for ... $188,456 USD, meaning that it sold at an approximate XRP:USD price of ... 0.11 USD. The price this Saturday morning being around 0.271 USD. The candle below highlights the magnitude of the slippage. Details of the transactions: https://bithomp.com/explorer/E470541E262C6DA171CFCBBD7A115A0F12EADE6B21360DDDC936723093CF6528 https://bithomp.com/explorer/4D705B1F0EC0C4B3DD01198EBDC01345528067F5CC3C280FB16D1C1FED9A8636 https://bithomp.com/explorer/AD536145D6F76EF8E019E897C200F4635DD20ABEE8EC2B20C9140706057C5E5D A trade has two participants, a buyer and a seller. Selling at a discount of 0.59% means that an individual (or group of individuals) made approx 270,000 USD of profit this morning. Luck or Jed's bot generosity is not, as you guess, the explanation of the dramatic event. The attacker (https://bithomp.com/explorer/raBmhBNmYFGe5hJ5Gez2MbpNspewctCAGv) has been preparing his/her/their coup de grâce. Although only successul today, the attacker has been groping for the flaw. Transaction activities of the wallet indicate that the wallet has been active on the XRP:USD.Bitstamp trading pair for at least two months. The wallet sold this morning around 1M XRP, cleaning all the liquidity / depth of the bids of the orderbook, then placed the first killing order (1) that Jed's bot decide to take, then the second killing order (2). Jed's bot also hit the bid for the latter. (1): https://bithomp.com/explorer/FEDC30F932389FC34D126172E26ACD10D79CAD78ACEA360B44B82ABA25868087 (2): https://bithomp.com/explorer/0E3372A2F43154B02100CEF29C941FBC85084EF2BDCA65FA7DCD4ACA709F214E The attacker does not act alone. Sub-wallets 1 (https://bithomp.com/explorer/rHjzw8L2ZBNhLfWw3yv8AY1hf1QYnRMriR) and 2 (https://bithomp.com/explorer/r9ujfsgebDGPEoQP7WFYcVrhEKQZPKVGd7), activated by the one mentionned above, looked like to have specific roles. Mostly create counter orders, allowing front running kind of strategy. To be continued... Many interesting unanswered questions: - What was the specific technical flaw the attacker took advantage of? - What is the profitability of the attack? (taking into account potential front running costs - previous tests / iterations before finding the flaw) - Will the attack repeat itself tomorrow? / Had Jed noticed the event? (2/2) - 25 February 2020 Yes. As you can see below, the attack was repeated every day since the first successful attempt. More active market participants during the week than the weekend has probably a positive impact (less slippage) on Jed's bot loss, although today's data indicate that the attacker had a +10% discount on the XRP bought. When yesterday, on Monday February 24th, many bids populated the orderbook, therefore reducing the potential slippage and the arbitrage gain, the attacker does not seem to be discouraged. The malicious wallet even sent few payments with some interesting memo (here below) to push for more cooperation... Cooperation that was indeed tried, successfully or not, in the past. Look at the memo below regarding a payment sent early January. A payment got some echo (payback, as a sign of approval for cooperation?) on at least one receiver. Please note that the client description below recalls some other events (https://medium.com/@john.cantell/hi-renier-8f887aee027b). John Nash would have been proud. Even in a decentralised exchange the concept of game theory can stand. Memo can support text messages, allowing market participants to communicate with each other and therefore, look at decision not in isolation but as being part of different interactions. As regards Jed's bot flaw, it seems that the algorithm takes decisions based on: the distance to the best ask: replacing the order to make sure that it is at the edge of the ask side the bid ask spread the volume depth of the bids: Jed's bot hits the attacker bids (in all examples), meaning that Jed's bot decides to hit the bid if the slippage is not too important and if a tight spread (mentionned above) is true Note that the above are assumptions and educated guesses. Digging into the transactions is probably the best way to know more about it. I am quite surprised that (my assumption) there is no outside / off ledger element Jed's bot relies on. For instance, the XRP:USD spot price of another (liquid) market, making sure that the decision to place an order on the ledger at x price is not irrational compare to the latter. The best for that being probably the BitMex XRP:USD spot index (https://www.bitmex.com/app/index/.BXRP). Peace.
  4. Thomas Silkjaer was really kind in letting me have a sneak peek into his latest project Xrplorer and write an early preview about it. xrplorer is a graph database representation of the XRPL, it is currently in the final stage of filling the database and will be released soon. I'd like to share the link to the post: https://coil.com/p/moncho/XRPLORE-A-Sneak-Peek-on-XRPLORER/qXYmWJ3HI
  5. Maybe I missed this acquisition announcement, but It appears that Ripple has acquired TOWO Labs, a startup based in Sweden October 17th 2019 per Crunchbase. The only announcement that I could find linking TOWO Labs to Ripple prior to this was a Xpring investment that was announced by Danny Aranda on October 16th, 2019. TOWO Labs confirmed the investment with an announcement of their own via a Coil post: "Towo Labs, a Swedish startup aimed at simplifying crypto self-custody, today announced a strategic investment from Xpring, Ripple’s developer initiative to build the internet of value." "The investment will support Towo Labs’ development of hardware wallet firmware with support for all XRP Ledger (XRPL) transaction types and a trustless, non-custodial web interface to the XRP Ledger." "At the outset, Towo Labs will focus on developing hardware wallet firmware with full XRPL support for Ledger Nano S, Ledger Nano X and Trezor T — making it easier to securely sign any transaction type. All open-source code contributions will be subject to the involved repositories normal contribution guidelines. Today’s existing firmware only supports XRP payment transactions, which in some cases block further XRPL and Interledger innovation. The new firmware, however, will support the signing of cross-currency payments, trust lines, escrows, orders, payment channels, account settings and so forth." The only acquisitions that I was aware of were Logos, Strata Labs, and Algrim, all of which Ripple/Xpring publicly announced.
  6. Calling all developers 👨‍💻👩‍💻 CoinField is offering a new incentive program for Open Source Developers! "...developers around the world will be encouraged to participate and create new open source projects built on top of the XRP ledger." 💻 The project: Sologenic is an ecosystem that was developed by CoinField Exchange in 2019. The aim of Sologenic is to build the bridge between cryptocurrencies and traditional financial markets by allowing traders to instantly trade stocks, ETFs and cryptocurrencies, making CoinField a one-stop-shop for all your trading needs. Within the Sologenic ecosystem, there are three main components: Tokenize/Trade Sologenic’s native token (SOLO), is used in order to buy or sell up to 30,000 stocks & ETFs from the top 25 global stock exchanges, instantly over the XRP ledger. For example, if a client wants to buy a share of TSLA stock they can execute the trade, the third party broker will hold the stock in a trust, and Sologenic’s ecosystem will instantly tokenize your asset, backing it 1:1, reflecting the price of the asset. Spend Instantly spend your crypto anywhere in the world in real-time with the FREE Sologenic Crypto Card. We offer 4 tiers of cards based on the amount of SOLO you hold in your wallet, They offer a variety of different perks such as monthly rebates, airport lounge access & discounts. Earn Earn with the Liquidity Provider Reward Program (LPRP) SOLO holders have the option to participate in the LPRP program and earn up to 20% in rewards annually. For detailed information about the Sologenic Ecosystem please read the white paper on www.sologenic.com Sign up here 👉 http://ow.ly/d1NC50xs1V8 Press Release👇 http://ow.ly/eroq50xs1V6
  7. Hi everyone! This Friday CoinField is hosting a live AMA session on Friday, December 6th at 9:30 AM PST with the two brains behind Sologenic. Please leave any questions you have for Bob + Reza in the comments below and the best questions will be addressed in the AMA! Project: www.sologenic.com Link to AMA: https://www.youtube.com/watch?v=dzUr9-W5AXM #GoSOLO
  8. CoinField will send out 50,000 invitations to the Sologenic VIP Pre-Sale on Friday, November 22. Only 40 million SOLO tokens will be available for purchase at a discounted rate to a limited amount of participants before the public sale in Q1 2020. The Pre-Sale is set to take place December 9-16, 2019, just days after Sologenic was nominated as “DeFi Project of the Year” at a leading blockchain conference in Malta. Check out the full story: https://finance.yahoo.com/amphtml/news/coinfield-sends-limited-invites-solo-120400023.html
  9. Didn't see this posted yet - article below. This could lead to some interesting things and accelerate XRP's deflation rate depending on the burn mechanics. https://coil.com/p/xpring/Investing-in-Flare-Networks-/srIKao0Kf
  10. https://xrpripplenews.com/2019/10/20/why-xrp-odl-will-transform-our-world-why-its-about-to-explode/
  11. ""This new ecosystem is the most sophisticated project ever built on top of XRPL, and it is the best use case for that. We believe this will be a big step forward for the whole industry and the mass adoption of XRP blockchain," "More information will be announced to the public on October 15, 2019." Source: https://m.insidertracking.com/coinfield-launches-xrp-validator-in-preparation-for-the-upcoming-xrpl-project Tnx to Bank XRP (Twitter handle @BankXRP)
  12. Hi, Definition of the Blockchain according to the JoelKatz blog (https://www.distributedagreement.com/2018/09/24/what-is-a-blockchain/) """ A blockchain is a series of states of a distributed ledger where each state, except the first, contains a secure reference to the prior state and sufficient information to demonstrate that the transition from that prior state is valid according to the system’s rules.""" It is clear for me how it achieves 'secure reference' in the case of Bitcoin block since if we changed any piece of byte in the block it would be revealed quickly with hash calculation. On the other hand it would be hard to reproduce hash value for the modified block with the proper difficulty level. My question is how does XRPL create secure reference to the prior state? since in the case of XRPL there is no such concept that we called difficulty level of hash (number of leading zeros). How could be secure? Why is it hard to create and easy to check the secure reference in XRPL? Can you explain me how it works? Thanks in advance
  13. Hi all, I've been trying to do some tests with checks (https://xrpl.org/checks.html) for a project of mine. I'm using the test net (wss://s.altnet.rippletest.net:51233). I can successfully do checkCreate transactions but cannot seem to do a checkCash (tecNO_ENTRY: No matching entry found). I'm using ripple-lib in order to generate those checks. The currency used is XRP, not an issued currency. The test is for 1 XRP or 1000000 drops. Here's the checkCreate transaction: https://testnet.xrpl.org/transactions/F0A3342809F466A216D7930F3001AAAC3CC41877BFEA29A3CC88B4781CC4AC41 Here's the failed checkCash transaction: https://testnet.xrpl.org/transactions/25C901046A4E97B262448EBE339EDC00BBEFDB8366F3ED2E7D499089E8CE6671 The checkID used to do the checkCreate and checkCash is: ABCDEFABABCDEFABABCDEFABABCDEFABABCDEFABABCDEFABABCDEFABABCDEFAF I just can't figure out what I'm doing wrong. I've read the documentation on xrpl.org, tried with 'drops' and 'XRP' as currencies (both ways are used in the doc) but I always get a tecNO_ENTRY. Maybe the Check amendment is not active on the test net node I'm using? How can I know that? Thanks a bunch for your help.
  14. https://todaysgazette.com/kava-labs-is-developing-ripples-xrp-collaterised-stablecoin/
  15. Although arguments can be made against the notion of future adoption of the XRPL by the financial system thru supporting the retention of the current international payment system or emphasizing the technological progress in the SWIFT payment network, they fail to address critical flaws in today’s system. Hackers, political pressure, regulators, and the shrinking correspondent banking system are all legitimate issues that are impacting banking operations. Most international payments are facilitated through the SWIFT network today. SWIFT is a messaging network used to send and receive information on financial transactions between financial institutions. Currently, more than 11,000 financial institutions from around the world are linked to the SWIFT network for operations. Typically, the originating bank is required to have a working relationship with the destination bank in international wire transfers. If there is none, the originating bank can search the SWIFT network for a correspondent bank that has one with both banks.(2) Once found, the transaction is transferred through Nostro accounts held at the intermediary bank for a fee to the destination bank. Although SWIFT’s inception has proven to be beneficial in enabling international payments between banks globally, it’s reliance or the monopolistic position has become a double-edged sword. Due to their international relationships, SWIFT was viewed as an apolitical organization that was independent of any country’s domestic foreign policy. Unfortunately, this has not been proven the case the past few years as political disputes now threaten to fragment the international payments space. Regardless of your political views towards Iran, the United States pressure on SWIFT to disconnect Iranian financial institutions from the network has been unprecedented. While the action undergone by SWIFT contradicts the European Union’s desires. Although the EU intends to maintain trade with Iranian institutions, SWIFT complied with the US requests.(3) With the consequence being that now the international payment network has become weaponized to exert political pressure onto countries or regions. This undermines the trust within the network as participants can ultimately be on the wrong side of political discourse. Along with Iranian FIs, there has been heavy speculation from US media sources and diplomats that Russian financial institutions might face similar sanctions to their Iranian counterparts in the future.(4) Further eroding any participant confidence in SWIFT remaining apolitical. SWIFT’s inability to remain impartial to the network’s participants is already beginning to have repercussions. In Europe, there has been a political push back on the US influence over the payment network. Germany's foreign minister, Heiko Maas, has publicly stated that the EU should "strengthen European autonomy by creating payment channels that are independent of the United States — a European Monetary Fund and an independent SWIFT system".(5) Even more striking were Maas’ comments that the EU had already begun the process of developing an alternative payment system. Both Iran and Russia have also taken similar responses to the EU. Iran has begun implementing an alternative banking platform for banking transactions with foreign institutions.(6) Meanwhile, Russian financial institutions have prepared themselves to be disconnected from the SWIFT network at a moments notice and have begun to adopt another alternative payment system CIPS. CIPS or the Chinese Alternative Global Payments System is also an alternative payment platform provided by China. CIPS was intended to make transactions between China and Russia easier while enticing other countries to utilize the system.(7) Russia has also begun to develop its own payment system called the “System for Transfer of Financial Messages” (SPFS). Essentially, the global political environment has pushed regions or countries to develop or adopt alternative solutions to SWIFT. Creating an ever growing, fragmented international payment network that will require interoperability between systems. SWIFT’s security has also been exploited these past several years, further testing the participant's trust of the network. Along with the frequency of these hacks occurring, the severity of them is increasing. Of the top five biggest SWIFT hacks by money lost, four of them have occurred within the past two years.(8) The sophistication of these attacks is becoming so advanced for SWIFT’s liking that they have begun to issue warnings and urge participants to increase their security measures.(9) In some attacks, hackers have been able to order payments to banks in other countries by copying preformatted payment requests into the SWIFT messaging software. Even further eroding trust in the network’s security, it was discovered that the NSA had breached SWIFT’s security and have developed tools for its operations. Thru leaked documents and files by a hacker group, the public was made aware of how the NSA had accessed the messaging system. Possibly setting in an uncomfortable feeling for financial institutions located in Eastern countries that the SWIFT network is a possible vector for attacks. Structurally, the correspondent banking system has been on a gradual decline for several years while total volume and value of payments through SWIFT are increasing. The Financial Stability Board conducted a study in which the FSB found that from 2011 to the end of 2017, active correspondent relationships declined by 15.5 percent across all currencies.(1) While for 2017 alone, it declined by 4.1 percent. More recent studies have concluded that 2018 saw declines in active relationships and corridors of about 3.5% and 2% respectively.(11) With the global correspondent banking network now declining by about 20% and the number of active corridors having fallen by roughly 10% the past seven years. This decline in active correspondent relationships has also coincided with the increased concentration within the correspondent banking market. Remaining participants in the network have their market share increase as competing banks exit the system. Both these trends pose respective risks and issues to the banking system. An increase in the volume of payments with the decrease in the number of correspondent relationships is theorized to increase the length of the payment chains. Implying payments will need to be facilitated thru more intermediary parties to reach the same destination. Possibly adding more exchange or transaction fees along with increasing the settlement time. Meanwhile, a concentration in the correspondent banking market introduces an unwelcoming scenario. Theorized consequences include a decrease in the competition of services, leading to higher costs and more fragile networks. As the payment network relies on fewer participants to facilitate payments, the failure of a participant will have greater repercussions as they are more relied on. Ultimately, the global political environment is causing a fragmentation of the global payment system while the financial system is gradually entering a delicate state. Both trends have already begun to force global and financial institutions to adapt and find alternative systems. Regardless of what SWIFT can develop to enhance it’s services to its participants, there will be issues the organization cannot resolve. Interoperability will more than likely be the key in enabling the future global payment space to withstand any geopolitical shocks, along with providing a crucial capability if the financial system is under strain due to the structure of the correspondent banking system. Placing Ripple’s xCurrent or ILP in an advantageous position. 1. https://bankingjournal.aba.com/2018/11/basel-decline-in-global-correspondent-banking-relationships-accelerates/ 2. https://www.investopedia.com/terms/c/correspondent-bank.asp 3. https://www.ft.com/content/8f16f8aa-e104-11e8-8e70-5e22a430c1ad 4. https://www.voanews.com/a/us-diplomat-russia-should-release-ukrainian-sailors-by-christmas-/4688911.html 5. https://www.businessinsider.com/germany-wants-european-rival-to-us-backed-swift-payment-system-2018-8 6. https://en.mehrnews.com/news/139715/Iran-welcomes-foreign-banks-to-join-its-alternative-to-SWIFT 7. https://ethereumworldnews.com/after-ripple-chinas-cips-now-competes-with-swift-departure-from-us-dollar/ 8. https://medium.com/@kvantorcom/top-5-biggest-swift-hacks-52fca78145c 9. https://www.reuters.com/article/us-cyber-heist-warning/swift-warns-banks-on-cyber-heists-as-hack-sophistication-grows-idUSKBN1DT012 10. https://www.reuters.com/article/us-usa-cyber-swift/hacker-documents-show-nsa-tools-for-breaching-global-money-transfer-system-idUSKBN17H0NX 11. https://www.bis.org/cpmi/paysysinfo/corr_bank_data/corr_bank_data_commentary_1905.htm
  16. Blog URL: https://xrpcommunity.blog/introduction-to-xrp-2019-edition/ Just published the updated, 2019 version of an "Introduction to XRP" on the XRP Community Blog! I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thank you 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
  17. Blog URL: https://xrpcommunity.blog/welcome-to-our-world-bob/ Bob Way, a Ripple alumnus, indicated he's starting work on an ambitious new project! Learn more about him - and his new project - in today's blog. 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 Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  18. Myself and afew other community members are putting together a website that users can use to interact with the ledger. We already have a server setup with the full ledger being downloaded.(75% done) The websites main purpose will be for analyzing the ledger data in various ways as well as keeping track of wallets and more. As of now there is a ton of information scattered across the community in spreadsheets and we are really hoping to provide a place that allows everyone a chance to get a nice visual and interactive, All in one experience. There are members in the community that go well out of their way to provide data. However, there is not much of a way for everyone to add to that data. We have many ideas being worked on for the site and would not mind other members to get involved, whether it is ideas they would like to see or developers who want to be hands on. Feel free to PM me on here or same username inside the XRP discord!
  19. I'm running XRPL validator (public key: nHBmJuwMPRh2mLrYhUdFHNKrZ3cwXEkiGAKXESM4mDvQKMF8WAp7) based on Wietse's Wind docker rippled validator repo (https://github.com/WietseWind/docker-rippled-validator). It's up and running newest rippled version 1.2.0. Now I'm trying to validate my (sub)domain (again according to the instructions of Wietse - https://medium.com/@WietseWind/verify-your-ripple-validator-show-your-domain-da19de30b19bbut) with no success. I'm little bit desperate and really don't know what I'm doing wrong. Hope someone can help me. After a few attempts I ended up with following configuration: Server 1 (S1): web hosting with simple web presentation https://www.rippled.eu Server 2 (S2): with rippled validator running CentOS with webserver running and serving subdomain https://validator.rippled.eu I edited apache ssl configuration file (ssl.conf) with these parameters: ServerName validator.rippled.eu SSLCertificateFile /.../validator.rippled.eu/cert.pem SSLCertificateKeyFile /.../validator.rippled.eu/privkey.pem SSLCertificateChainFile /.../validator.rippled.eu/chain.pem Both servers has its own Let's Encrypt certificate (S1 *.rippled.eu, S2 validator.ripppled.eu). Certificates were generated using Certbot on S2. On S1 I uploaded thru administration control panel of my webhosting service. Web browsers displays that certificates are valid. S1 has DNS A record (validator.rippled.eu and *.validator.rippled.eu pointing to public IP of S2) In verification process I'm running following command: "docker run --rm -it -v /keystore/:/keystore/ -p 80:80 xrptipbot/verify-rippledvalidator" Next listing is as folows: So I ran next command: docker exec rippledvalidator /keystore/finish_signing In final step I inserted requested data into Google Docs "XRP Ledger Validator Domain Verification" document Email: my email Domain: validator.rippled.eu Validator public key: nHBmJuwMPRh2mLrYhUdFHNKrZ3cwXEkiGAKXESM4mDvQKMF8WAp7 SSL Signature: 512B long hash Domain Signature: 128B long hash Everytime I tried, I received email with following message: Could someone point me where I'm making mistake, what's wrong with my certificate or verification process? Why is verification process missing my certificate? Am I missing something in apache configuration files (https.conf, ssl.conf) or rippled config file (rippled.cfg)? I'll be glad for every suggestion or help. Thank you.
  20. ChainFront, an API-as-a-Service company that removes the complexity of using, building, and managing blockchain wallets while maintaining enterprise-grade security, today announced the launch of Ripple and Ethereum integration to the ChainFront API platform. Now, developers creating applications built on the Ethereum or XRP Ledger blockchains can eliminate the need for end-users to manage their own security and bank. https://www.marketwatch.com/press-release/chainfront-announces-support-for-ripple-and-ethereum-2019-02-15?siteid=nbkh
  21. Version 1.2.0 also lowers the threshold for network participants involved in signing transactions. The MultiSignReserve amendment allows owners of signer lists for authorization method Multisign to participate with a reserve of just 5 XRP, down from the previous 15–50 XRP. https://www.coindesk.com/latest-xrp-ledger-release-boosts-censorship-resistance-and-more
  22. After the exciting news today, I was looking around on the ledger for tx's that might relate to xRapid. I couldn't find anything but have might found something else... According to jbjnr's post r3epSojEkn6pFRwjxkFjwJLPAxC8Hj9ZTK is one of the xrp sales wallets. On 31 Jan 1,2M USD.Bitstamp was sent out to rpQhAu8n7WwwNPFeqXPDVZyNx8ShAQrYZU There are several tx's for that wallet but this is one mentions Travel Rule, containing most probably hashed info about: https://developers.ripple.com/become-an-xrp-ledger-gateway.html#travel-rule
  23. Hello all. I apologize in advance if this question is in the wrong place or repetitive...I'm new and, frankly, not really sure where to put this question in the context of the available topics. (I created this topic in Marketplace awhile ago and it didn't get any replies...maybe the wrong place to post it?) So I've experimented by buying a basket of IOU's representing different currencies and even bitcoin by using https://www.theworldexchange.net ledger interface, and now I have them just sitting in my XRP wallet. So I understand obviously how to send XRP from wallets to exchanges and such, that's simple...but I don't see any option for these IOU's. I see each has its' own unique address that I assume I could send to, and I guess that's another question. Exchanges: Which ones support and will redeem IOU's representing Dollars, Yen or Bitcoin for example? How can I send these IOU's properly from wallet to wallet? How will I know what addresses to use? How will I know they will be "honored" by the exchange? Is there anything special I need to do with the destination tag or invoice ID? If I send real bitcoin to an IOU address, or IOU Bitcoin to a real address, will the ledger understand what to do, or would that get me screwed? (Not that I want to use Bitcoin, but this is for science.) If the question is repetitive I hope you'll be gentle with me and guide me to the proper resources. Thanks in advance!
  24. Hello all. I apologize in advance if this question is in the wrong place or repetitive...I'm new and, frankly, not really sure where to put this question in the context of the available topics. So I've experimented by buying a basket of IOU's representing different currencies and even bitcoin by using https://www.theworldexchange.net ledger interface, and now I have them just sitting in my XRP wallet. So I understand obviously how to send XRP from wallets to exchanges and such, that's simple...but I don't see any option for these IOU's. I see each has its' own unique address that I assume I could send to, and I guess that's another question. Exchanges: Which ones support and will redeem IOU's representing Dollars, Yen or Bitcoin for example? How can I send these IOU's properly from wallet to wallet? How will I know what addresses to use? How will I know they will be "honored" by the exchange? Is there anything special I need to do with the destination tag or invoice ID? If I send real bitcoin to an IOU address, will the ledger understand what to do, or would that get me screwed? (Not that I want to use Bitcoin, but this is for science.) If the question is repetitive I hope you'll be gentle with me and guide me to the proper resources. Thanks in advance!
  25. Recently, i was talking(more likely just had few comments replies) with some blockchain experts in Korea via tech community and he mentioned that ripple blockchain is specially limited for its use case as now, bridging currencies and solving international remittance problem. Well... in fact all blockchain is made for their use cases, what developers intended to do with blockchain. But later it just raised me a question "is ripple as blockchain can be expandable to other functionalities?" First i thought it is possible as "sbi ripple asia" is leading consortium in japan to brining blockchain tech to security brokerage. But as far as i remember, no one confirms this blockchain is ripple blockchain(XRPL) that i know of.. or building new blockchain but having some advice from ripple. And i started to dig up xrpchat and some of noticeable finding are as below Hodor once mentioned, he wrote down all use cases with RCL(XRPL) can do. And Joelkatz once mentioned "people are welcome to use XRP for any application they would like" So is that meaning anyone who has interest can build up any kind of things with XRPL such as what hodor mentioned on other thread, healthcare (what ibm does), real-estates(IBREA), and even storage (Sia, storj) streaming (livepeer) but just ripple as company is only focusing just one use case international remittance .. right? @JoelKatz @nikb @Hodor I want to show answer from one of the ripple developer that they do not limit XRPL as What Korean blockchain expert claims.... Thank you in advance.
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