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Why XRP will NOT succeed


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1 minute ago, yxxyun said:

use the full node reason to deny this request is unacceptable.

I think it is perfectly acceptable, as the wallet reserve is explicitly designed to prevent spam. Creating wallets is particularly onerous for full history nodes, and it is expensive to run a full history node.

If you don't like it, you are welcome to spin up a validator, gain trust and reputation, and vote to lower the fee. It is a democratic network, after all :P

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You are so clueless.

Hi. Many people like to predict 5 dollar XRP or even 10 dollar XRP. But this people will NEVER tell you the truth.  It cost you 20 XRP to create an account and back in 2015 2016 2017 it costed betwe

Kind Sir, please send @MemberBerry a private message in the future instead of opening a thread, so we don't have to deal with this nonsense.

1 minute ago, Rabbit_Kick_Club said:

I think it is perfectly acceptable, as the wallet reserve is explicitly designed to prevent spam. Creating wallets is particularly onerous for full history nodes, and it is expensive to run a full history node.

If you don't like it, you are welcome to spin up a validator, gain trust and reputation, and vote to lower the fee. It is a democratic network, after all :P

No, single validator can't reach consensus, even all the validators in the default UNL can't reach consensus if they set different value.

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6 minutes ago, yxxyun said:

No, single validator can't reach consensus, even all the validators in the default UNL can't reach consensus if they set different value. 

If you were the only validator voting to lower the fee, then perhaps there is a reason the other validators disagree with you, like the reasons I stated. You haven't given me any compelling reason why fees should be lowered, so I see no reason to change my vote based on this discourse.

6 minutes ago, yxxyun said:

even all the validators in the default UNL can't reach consensus if they set different value. 

This isn't true. All the validators could set different values, which would result in a compromise.

More info on how voting works here:
https://developers.ripple.com/fee-voting.html

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7 minutes ago, Rabbit_Kick_Club said:

If you were the only validator voting to lower the fee, then perhaps there is a reason the other validators disagree with you, like the reasons I stated. You haven't given me any compelling reason why fees should be lowered, so I see no reason to change my vote based on this discourse.

This isn't true. All the validators could set different values, which would result in a compromise.

More info on how voting works here:
https://developers.ripple.com/fee-voting.html

the checks amendments  is a good example, most the validators are vote it by default, even the validators in default UNL, but ripple's validator are not, so it's not enabled over one year now. it is  not a democratic network, it is like CPC's ruling in China.

Edited by yxxyun
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13 minutes ago, yxxyun said:

he checks amendments  is a good example, most the validators are vote it by default, even the validators in default UNL, but ripple's validator are not, so it's not enabled over one year now. it is  not a democratic network

I'm not sure how you define democratic, but in my view the Ledger is a democratic network. In your response you say that most of the validators are voting for the Checks amendment. If it isn't democratic, why are they voting?

Amendments have serious implications for the network, which could have irreversible consequences. Thus, I believe they require thorough testing prior to implementation. This view is arguably reflected in the fact that amendments require 80% support from the voting quorum to pass.

For this reason, our validator, which is included in the default UNL, is currently vetoing the checks amendment. I plan to change this to vote in favor of the Checks and FlowCross amendments in the relatively near future, as they have been fairly well tested without issues on the TestNet.

There are other default UNL validators that are not run by Ripple that are actively vetoing these two amendments, possibly for the same reason.

 

As a default UNL validator operator, I see it as imperative that I act slowly and intentionally with things like amendments and fees, so I can do my absolute best to be a good steward. It is easy to talk about making changes, but my aim is to prevent unforeseen consequences.

Edited by Rabbit_Kick_Club
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2 minutes ago, Rabbit_Kick_Club said:

I'm not sure how you define democratic, but in my view the Ledger is a democratic network. In your response you say that most of the validators are voting for the Checks amendment. If it isn't democratic, why are they voting?

Amendments have serious implications for the network, which could have irreversible consequences. Thus, I believe they require thorough testing prior to implementation. This view is arguably reflected in the fact that amendment require 80% support from the voting quorum to pass.

For this reason, our validator, which is included in the default UNL, is currently vetoing the checks amendment. I plan to change this to vote in favor of the Checks and FlowCross amendments in the relatively near future, as they have been fairly well tested without issues on the TestNet.

There are other default UNL validators that are not run by Ripple that are actively vetoing these two amendments, possibly for the same reason.

Your voting will not pass until ripple allow it.  it isn't democratic

Edited by yxxyun
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Just now, Rabbit_Kick_Club said:

If people don't like how Ripple's validators' vote, then they could choose to stop trusting those validators entirely. How is that not democratic?

No, I stop trust ripple's validators, but I still trust the other validators who still trust ripple's, so I trust ripple's validators indirectly. If I kick out all these validators out, I just simply fork away.

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2 minutes ago, yxxyun said:

No, I stop trust ripple's validators, but I still trust the other validators who still trust ripple's, so I trust ripple's validators indirectly. If I kick out all these validators out, I just simply fork away. 

It sounds like you want to have things exactly how you want them, which isn't democracy. Perhaps what you don't like about the Ledger is that it is democratic?

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2 minutes ago, Rabbit_Kick_Club said:

It sounds like you want to have things exactly how you want them, which isn't democracy. Perhaps what you don't like about the Ledger is that it is democratic?

Ripple‘s exist in default UNL destroy the democracy

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2 minutes ago, Rabbit_Kick_Club said:

Then just fork the rippled Git repo and make your own UNL. If enough people don't like what Ripple is doing, surely they will follow (again, this is democracy. :spinlol:

Under ideal situation ,it is true, BUT in reality,it won't happen until ripple quit by itself

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4 minutes ago, Rabbit_Kick_Club said:

I guess that's how democracy works - everyone is free to choose who to trust, follow, etc.

When @ Anton submit his proposal, everyone in this community is laugh him, defend for ripple’s decision, I didn't see any democracy

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4 minutes ago, yxxyun said:

When @ Anton submit his proposal, everyone in this community is laugh him, defend for ripple’s decision, I didn't see any democracy 

How is that not democracy? In a democracy people are free to defend or support other's decisions. It seems like you think a democracy involves people doing what you think they should do, instead of letting them choose for themselves.

 

Anyhow, this conversation seems fairly pointless to me. I told you my opinion on the wallet reserve and enabling amendments. You haven't presented a single compelling reason for me to change my views, you just keep complaining that people aren't doing what you want :wacko3:
 

On that note, I'm off to bed. Nighty night.

Edited by Rabbit_Kick_Club
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