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BobWay

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Thanks very much Bob ( @BobWay ) for setting this up but even more for being so detailed and helpful in sharing your thoughts.

I hope you don’t let us pressure you too much into churning out replies....  the long crypto winter has hopefully taught us patience,  so we should be able to wait a bit for you to get around to answering our questions.  And if you miss some or choose not to respond,  that’s fine with all of us I think...  we are lucky to be able to hear from someone so instrumental in the Ripple and XRP story.

When the initial flurry does down (will it?   :) ) I would love to hear from you with any recollections or stories about Ripple and the people there.  Every damn trinket of info about that is totally fascinating to most of us I think.

I hope we all have fun with this club and that in some small way it can give a little back to you.

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Well, it was easier for me to follow only one topic and only read your posts ;) you did a great job as you always quoted the relevant questions, so there was no rea need to read all the other stuff. I have to figure out now first how to follow all your content in the club here.

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Bob, ever since you joined the rest of the site has been eerily devoid of activity;  your insight apparently takes precedence over all other site banter.

The community was thirsty for knowledge, and you have helped quench it's thirst.  Thank you again for joining, and yes it was definitely worth it!  ;)

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26 minutes ago, automatic said:

Bob, ever since you joined the rest of the site has been eerily devoid of activity;  your insight apparently takes precedence over all other site banter.

The community was thirsty for knowledge, and you have helped quench it's thirst.  Thank you again for joining, and yes it was definitely worth it!  ;)

I really didn't intend for that to be the case. But I'd like to thank each and everyone of you for being willing to help out on my book project.

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The idea of Rippling payments as social currency (I may not have used the correct words there) reminds me of the Irish bank strikes in the late 1960's and 1970's.  All the banks in Ireland closed their doors and the people of Ireland transacted with IOU's within the trust networks they had established with the social lives.  I don't understand how much of this ability is built into the XRP ledger today or how it could be used today.  Is there a back end solution in place waiting for front end software?

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Bob, first of all thank you for being here as your explanations are much appreciated.

Apologizes if already been answered (even though there are answers to this on Google), but I’d like to hear it from you if possible.

How did name “XRP” arrive, what is the meaning behind it?

Thanks in advance.

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I already put my first post in the wrong thread. You probably noticed if you haven't been too busy responding to all the good questions. 

I would say something about how stupid and complicated the club forum is, but I'm just grateful to you and those who might have helped you get it up and running so fast. I read that first thread three times and this is better, and I expect it will improve even more with time, after people quit saying hi and making small talk. But nothing wrong with that, though. Comrades in arms, we are. Smoke 'em if you got 'em.

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Posted (edited)

Thanks @BobWay , @Tinyaccount and @Pablo , this club is perfect.  I knew since about page 5 on your old thread this was going to explode,  you were exactly what we needed . I asked the question on page 11 (old thread) for a club  so there could be some structure otherwise we would be going through hundreds of pages. Not only will i learn from you Bob, I'll learn from others, I'm sure you will as well. Looking forward to seeing this grow organically and learning lots. Thanks you good people, stay healthy take care.

Edited by Truckdriver

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5 hours ago, BobWay said:

That is awesome!  You've been digging way back in history. Good for you!  Be skeptical of EVERYTHING!

There is an old joke in computer tech support. It's better if you hear it in real time, but I'll so my best to do it justice. Employee calls the tech support number, "Hey, I'm having problems with my computer." Tech support guy responds, "Have you checked the nut behind the keyboard?"

Do you know what the problem Stellar had was?  If I'm remembering the details right, it turned out in setting up their new network of (renamed) stellard servers, it turns out they misconfigured the UNL list on every server. Internally, we had a good laugh at that. Then later they claimed it was a flaw in the protocol. Then went on to make a big deal about doing research for a new protocol. New research is always good. But that wasn't the problem. If they had configured their new network correctly, they never would have seen a problem.

Please note that if you add a misconfigured server (now) to the XRP Ledger network, your server may fall out of sync. This is absolutely the correct and wanted behavior. Since you never want to be forked from everyone else. But, your falling out of sync will not effect the rest of the network.

Ripple's UNL scheme is actually quite easy to configure and also forgiving. The only way you can get the fork Stellar did is to misconfigure EVERY server on your network at once.

Bob,

  Thanks for all the inside information. Now we always hear that if Ripple Labs were to shut their doors XRP ledger would still run. Now not trying to cause and bad feelings, but could Ripple at that time change a line of code resulting in the failure of the XRPL preventing XRP from moving along it? Just as Stellar's misconfigured UNL.

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2 hours ago, Desertfox said:

Now we always hear that if Ripple Labs were to shut their doors XRP ledger would still run. Now not trying to cause and bad feelings, but could Ripple at that time change a line of code resulting in the failure of the XRPL preventing XRP from moving along it? Just as Stellar's misconfigured UNL.

No, the other people currently running XRPL validators would just reconfigure their UNLs to ignore Ripple's. Then everything would continue on as normal. Actually, Ripple the company is looking forward to the day when they can run ZERO validators. Then there will be no skepticism like you write above.

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