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PhiGuy

XRP | Is Cobalt live? Is this it?

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5 minutes ago, Live4xrp said:

No...

Apparently this isn't clear to many people, but Cobalt will not just go live silently. It changes how consensus works, so it will require an amendment to be passed. Thus it will be publicly announced *before* going live so that validators can vote whether or not to accept it.

 

 

Interesting twitter thread-

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A few weeks go, to my amazement ihilda's automated trading was settling @ 5 tx's per second. Also the bot has never snagged. Usually the only reason the bot will snag is if ripple's fee is higher than my maxfee for a prolonged period of time. Faster settlement translates to lower fee's because the network is less congested.

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4 minutes ago, elias said:

Surely Ripple has plenty of cash to spend.

Resources can only be spent once, so they must be spent wisely or not at all.

Consumer facing applications are currently not Ripple's focus, and maybe never will be.

The market will come up with a better ledger monitor than the one they are now providing, if there is any need for that.

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27 minutes ago, dik said:

Resources can only be spent once, so they must be spent wisely or not at all.

Consumer facing applications are currently not Ripple's focus, and maybe never will be.

The market will come up with a better ledger monitor than the one they are now providing, if there is any need for that.

They spend like they have endless $$$ all by selling or using XRP. 

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