XRP ledger- trust line -xcore-xrpL status toolkit- xrp scan

[LetsBeWell]

I am quite new and green in this space (14months of learning) however still very nervous navigating these new platforms.

I need some help and guidance please.

Ive a ledger safely storing my XRP, early this year 2023 I created a trustline for the Xcore airdop snapshot. I did this quite naively not really knowing what I was doing however it appeared to be successful. Today I read that Aug1st was another airdrop date release, so I was curious and decided to go into Trustline XRPL status . ( i read to do this)  I entered my xrp address and a line bar graph displaying an Xcore trustline. I dont know how to read this? 

So i continued onto xrp toolkit clicked on connect wallet and there was my XRP balance to date (this made me feel really vulnerable seeing it there as im super protective of my holdings and its the first ive seen my balance displayed anywhere other then safely on my ledgerx. Is my address and XRP safe if able to be viewed in the toolkit?

I could also see that I connect it in Nov 2022.

Next to my XRP wallet balance sits XCORE however the balance is 0.  In assets it says it is active .

On the far right of the screen I can see all of my purchase history of XRP.

Is this available for all to see?

Upon clicking on view all on transaction history I am taken to XRPscan where I can see all transactions.

Now this is where im returned back to my original inquiry.

In this history I can see on the 24/3/23 there appears to be a trust set connected to XRPL- XCORE trust+ and what appears to be a 50,000,000  with the words OUT highlighted in yellow.

Please excuse my naivety, im just trying to learn and discern- 

If my xcore balance in toolkit reads $0

Why does it appear in my transaction history in xrpscan that there is a trust line and that 50,000, 000 was withdrawn as apart of the trust line with XCORE?

When I click on trustline I see owner limt- 50,000 000 (ahhh this is the XCORE trustline airdrop owner limit yes??) however my balance of Xcore is still 0. It also reads that rippling is NO high lighted in blue.

When i click on activations I can also see that on the same above mention date there appears that I set a trust line with Flare OUT 1,000, 000

So based on all of this that feels very vague to me, it appears that I have set up trust lines for the flare airdrop and  the Xcore however perhaps I have not successfully navigated the steps to receiving either of them?

When I click on the Xcore on the far right it takes me to XRPscan  which appears to me to be the Xcore address- it says at the top of the page that the account is a blackholded account. I looked this up and could not understand this?? Simple direct insight would be appreciated.

 

i want to know if my holdings are safe if my ledger address and holding can be viewed from this public platform.

How do I access these airdrops?Does it sound llike ive the trust lines?

What else do I have to do?

 

 

Id appreciate any guidance please.

Id also really appreciate some direction in finding a mentor to learn from, you tube is a rabbit hole that id rather not dive further into in the hope of streamlining my learnings.

Thank you for helping me learn and grow here in this space. for Flare and Xcore

And can someone guide me to a patient mentor

Kindly 

Damien

 

Edited July 31 by LetsBeWell

[at3n]

Hello and welcome, and thanks for putting in the effort to clearly describe your questions!

On 7/31/2023 at 2:31 PM, LetsBeWell said:

Is my address and XRP safe if able to be viewed in the toolkit?

Yes, it's normal for a public blockchain to have account details visible, once you know the account address. So it's wise to only share your address with people you trust, if you care about the privacy of your transactions. But it is "read-only" unless you have the secret key associated with the account, so anyone can see, but they can't move the XRP or do anything to the account.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

On the far right of the screen I can see all of my purchase history of XRP.

Is this available for all to see?

Yes, but it's only obvious that it's a purchase if you made trades directly on the XRP Ledger, as opposed to on an exchange. Transactions made within an exchange (such as Bitstamp/Coinbase etc.) are private, and the public will only see the withdrawal transactions coming out of the exchange and into your wallet.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

Why does it appear in my transaction history in xrpscan that there is a trust line and that 50,000, 000 was withdrawn as apart of the trust line with XCORE?

When I click on trustline I see owner limt- 50,000 000 (ahhh this is the XCORE trustline airdrop owner limit yes??) however my balance of Xcore is still 0. It also reads that rippling is NO high lighted in blue.

As I think you worked out, if a Trust Set transaction shows 50,000,000 as the amount, this is referring to the Limit that was set for the trustline. It's not a withdrawal, it's a declaration by you that you are willing to hold up to 50,000,000 XCORE in your wallet. Nobody will be able to send you any more XCORE once you reach that amount in your wallet (the limit can be changed at any time by you). Rippling should always be off (NO) unless you have a reason to enable it.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

So based on all of this that feels very vague to me, it appears that I have set up trust lines for the flare airdrop and  the Xcore however perhaps I have not successfully navigated the steps to receiving either of them?

From what you're describing, yes you've set up the trustlines, and no, you haven't received any airdrops to your XRP account.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

When I click on the Xcore on the far right it takes me to XRPscan  which appears to me to be the Xcore address- it says at the top of the page that the account is a blackholded account. I looked this up and could not understand this?? Simple direct insight would be appreciated.

Tokens on the XRPL (e.g. XCORE) must be issued by a specific account which remains tied to the identity of that token forever. Only that account has the power to issue more of that specific token if they wish. If the token creator wants to fix the quantity of the token so that no more can ever be issued, they "blackhole" the issuing account. This proves to the users of the token that no more of the token can ever be created (usually desirable for price appreciation). Blackholing is a process that removes the owner's ability to do anything with their account ever again, they become fully locked out of it.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

i want to know if my holdings are safe if my ledger address and holding can be viewed from this public platform.

The fact that they are visible publicly doesn't make them unsafe.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

How do I access these airdrops?Does it sound llike ive the trust lines?

I don't know about Xcore, but the Flare airdrop would not have been sent to your XRP address, the XRP address was only used to prove that you're entitled to the Flare. To fully claim the airdrop you needed to have set a "message key" to reference an Ethereum-style address which will have received the airdrop on the Flare blockchain. If you didn't do this then you've missed the deadline and cannot claim it now. But you can receive future Flare distributions if you purchase Flare and wrap it.

On 7/31/2023 at 2:31 PM, LetsBeWell said:

And can someone guide me to a patient mentor

No but there are people here who are plenty knowledgeable, and well-phrased questions are usually answered. Any technical answers you get here should be able to be verified by also finding the answer in https://xrpl.org/docs-index.html . It can be much easier to get an answer from a human first though before diving into the docs.