Jump to content
Sign in to follow this  
Dario_o

"Crawl, Walk, Run" $ 1 Bn. XRP transaction

Recommended Posts

But the memo is from whoever can be bothered to beat the other bored folk to the release transaction.  Anyone can do it.  

 

So a escrow release memo has as much importance as any post anywhere on the Internet.    I don’t see why anyone even bothers to discuss them.  Oops.  I just did too.    :) 

Share this post


Link to post
Share on other sites
3 minutes ago, Tinyaccount said:

But the memo is from whoever can be bothered to beat the other bored folk to the release transaction.  Anyone can do it.  

 

So basically this is just a transaction to release an escrow which was already supposed to be released but no one triggered the release yet?

Share this post


Link to post
Share on other sites
2 minutes ago, Dario_o said:

So basically this is just a transaction to release an escrow which was already supposed to be released but no one triggered the release yet?

Yes exactly so.  Anyone can trigger a escrow release after the expiry date.  It does not auto-release.  There seems to be a bit of a game for people to try and be the release agent.  

Share this post


Link to post
Share on other sites

It's been almost a year and a half since the escrows were announced and this keeps happening every month... The level of understanding of basic transaction types within the wider community is so low... But I guess the percentage of people in the community that care about the technology and what is actually happening is insignificant.

 

@DividendGamer there's no purchase here, just escrow released. What happens with it we don't know. Yet.

Edited by xp3215233

Share this post


Link to post
Share on other sites
38 minutes ago, AlibabaGrp said:

This fella doesn't even know what the escrow is... God damn, when I think we've bottomed and the pain is over, I see this **** and I'm like mehh probably not. 

80% of the post on here leave me scratching my head. It’s the little golden nuggets here and there that make it hold it’s weight. There should be a beginners section which requires an exam on Ripple the company and XRP the cryptocurrency to unlock access to normal forums. 

Share this post


Link to post
Share on other sites
Sign in to follow this  

×