Ripple Daily Ripple/XRP Discussion Thread 07/02/18 [Questions and Price Predictions] |
- Daily Ripple/XRP Discussion Thread 07/02/18 [Questions and Price Predictions]
- Thailand gives a green light to "cryptocurrency" XRP and six other digital assets
- Ripple / XRP in the New York Times!!!
- How I See The Genius That Is Ripple
- Posted on Twitter.
- There are now a total of 4 third party validators on ripple validators UNL.
- XRP & the Building Blocks of the Internet of Value
- xRapid: Ripple's Strongest Weapon
- What you should know about Codius
- Q2 Optimism?
- How many people do you think are invested in XRP?
- Interview with Evan Schwartz at Ripple and Interledger Protocol
- The Ripple Effect on Cryptocurrency
- Did it take me THIS LONG to figure out that XRP stands for....
- Question about the mechanics of xRapid.
- Being a strong supporter
- Before the last drop XRP was stronger compared to BTC
- What if some of the overlapping nodes are faulty?
| Daily Ripple/XRP Discussion Thread 07/02/18 [Questions and Price Predictions] Posted: 01 Jul 2018 09:07 PM PDT Hello! It's Monday. Welcome to our daily discussion thread. You can discuss anything related to Ripple and XRP here. Before posting, read the r/Ripple rules on the sidebar and also check out the thread containing helpful links: https://redd.it/7l94ng If you see any rule-breaking content, please report it. Here's a list of social channels: Discord, and some features in our Discord:
The invitation link - https://discord.gg/qgfVERN We use public mod logs to ensure transparency in the subbreddit. If you have been suspended or banned due to a rule violation, you may appeal the penalty by contacting the moderator team modmail or PM u/Bonkill [link] [comments]  | ||
| Thailand gives a green light to "cryptocurrency" XRP and six other digital assets Posted: 01 Jul 2018 07:51 PM PDT
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| Ripple / XRP in the New York Times!!! Posted: 01 Jul 2018 06:31 PM PDT
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| How I See The Genius That Is Ripple Posted: 01 Jul 2018 07:58 AM PDT So, let me get this straight... In 2004, Ryan Fugger got this idea of creating a global decentralized monetary system that could allow individuals/communities to create their own money. This led to the creation of RipplePay.com (2005). - This was even before the release of the legendary Bitcoin whitepaper by Satoshi Nakamoto, which was in 2008. Fast forwarding to 2011 : Jed McCaleb, Arthur Britto and David Schwartz get together, foresees the problems Bitcoin is going to face in the future (i.e. now), and starts developing a digital currency (XRP) which is faster, cheaper and more energy efficient than Bitcoin. 2012 : Chris Larsen joins the team. They approach Ryan Fugger, after long discussions, who handed over the reins. Thus, OpenCoin was founded. 2013 : OpenCoin becomes Ripple Labs. 2014 : Ripple, seeing the massive potential of blockchain technology, proposed Codius. Codius is a project to develop a new smart contract system. Ripple sort of benched Codius to focus on international remittances. - Ethereum was proposed late 2013 and went live in 2015. Ripple's vision of "not one, but many blockchains" led to the creation of the Interledger Protocol which lets different blockchains and networks interoperate. 2018 : CODIUS IS BACK! Stefan Thomas (inventor of the Interledger Protocol) steps down as CTO of Ripple and launches his project Coil, which aims to allow micropayments for content management. It will be using Interledger Protocol, and carry XRP tokens for monetization. My point is : Ripple is building a completely game changing ecosystem. How ? Well, they took on the top 2 cryptocurrencies.... [- Bitcoin focussed on being a global currency. But XRP can, right now, do everything Bitcoin can wayyy better. - Ethereum focussed on smart contracts. Codius is back ! Let's see where that goes.] ....and at the same time, they are on the cusp of ANNIHILATING, oh well, the biggest payment network in the world (SWIFT). RipplesGlobalTakeover[link] [comments]  | ||
| Posted: 01 Jul 2018 09:33 PM PDT
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| There are now a total of 4 third party validators on ripple validators UNL. Posted: 01 Jul 2018 10:46 AM PDT
https://twitter.com/Ripple/status/989642804165918720 https://xrpcharts.ripple.com/#/validators https://twitter.com/RabbitKickClub/status/1013285694683394048 [link] [comments]  | ||
| XRP & the Building Blocks of the Internet of Value Posted: 01 Jul 2018 04:16 AM PDT https://xrpcommunity.blog/xrp-and-the-building-blocks-of-the-internet-of-value/ Crypto is still at its beginning stages, but a series of companies are moving forward with standards-based architecture, using blockchain technology to build the infrastructure for a new version of the Internet, where value can move as fast as light. In this latest blog, I cover progress by a series of companies and Venture Capital Firms connected to the XRP Ecosystem: Ripple, Coil, Polysign, and Andreessen Horowitz. Included is news about a new Japanese crypto exchange that may have tens of millions of customers when they go live, the speaker list from Disrupt 2018, and Google's plans to include the new Payment Handler API in Chrome. At the end, I tie it all together and explain the master plan across all these endeavors: The creation of the IOV! I hope you enjoy the read: Please leave any feedback below. Sincerely & thanks, -Hodor [link] [comments]  | ||
| xRapid: Ripple's Strongest Weapon Posted: 01 Jul 2018 12:44 PM PDT | ||
| What you should know about Codius Posted: 01 Jul 2018 11:41 AM PDT
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| Posted: 01 Jul 2018 05:34 PM PDT In the quarterly reports I've paid attention to, there have been some interesting data points - but no significant announcements (ie new partners, etc). Have there been significant announcements from Ripple in quarterlies in the past? [link] [comments]  | ||
| How many people do you think are invested in XRP? Posted: 01 Jul 2018 08:28 PM PDT Time and again I hear stories of people not knowing anyone around them who is invested in crypto, let alone XRP. I myself am in that boat and generally keep it to myself unless specifically asked about crypto to avoid being "that guy". There was a post a few days ago ago summarising some data from the Ledger exposed which got me thinking about how many people are there actually invested in Crypto and XRP. From the ledger exposed there are roughly 1.3 million wallets, with only 1 million wallets holding more than the reserve and a further 127,000 holding just the reserve. Its pretty safe to write off these wallets as "not currently invested". That leaves 873,000 wallets with more than the reserve. But there is a very substantial number of low value wallets. ie there are only 517,000 wallets with balances equal to or greater than 100XRP. This drops again to only 230,000 wallets with more than 1000XRP. You would logically accept this dropping in numbers as you move the "investing" goal posts, but where would you draw the line on "invested". Its also fairly safe to assume that a single investors holding multiple wallets account for a percentage of these. There is also a lot of investors that solely use the exchanges and don't have their individual wallets. We may never know exactly how many people worldwide are currently invested in XRP, but how many investors do you think there are? Personally I would be surprised if there were more than 300,000 individuals worldwide currently invested in XRP. Note I am not counting institutions/entities like exchanges/banks/companies and I'm assuming a minimum of 1000XRP to be called "invested", investors solely on exchanges included here. I believe this puts us in good stead for when XRP becomes the standard! [link] [comments]  | ||
| Interview with Evan Schwartz at Ripple and Interledger Protocol Posted: 30 Jun 2018 11:24 PM PDT
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| The Ripple Effect on Cryptocurrency Posted: 30 Jun 2018 11:19 PM PDT
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| Did it take me THIS LONG to figure out that XRP stands for.... Posted: 01 Jul 2018 07:17 AM PDT X = transaction R = on Ripple P = protocol If there's literature out there saying that's what it stands for I haven't seen it yet....but this makes so much more sense now. [link] [comments]  | ||
| Question about the mechanics of xRapid. Posted: 01 Jul 2018 05:46 AM PDT Hey guys, I have been thinking about the buying and selling mechanisms of xRapid recently. So, currently we know that xRapid purchases XRP with the sender's currency on an exchange and sells the same XRP for the receiver's currency on another exchange. I have read people's opinions stating that when the XRP sells for the receiver's currency, the price of XRP will decrease in the receiver's country (which is basic supply & demand). However, assuming we ignore all fees and withdrawal costs for this example, let's say that Bank A (USA) is trying to send $1,000,000 USD to Bank B (AUS). Let's also assume that the price of XRP = $1.00 USD. Now, on an American exchange, 1,000,000 XRP will be purchased and sent to an Australian exchange. Now, it is logical to assume that selling 1,000,000 XRP will flood the market and thus the price would decrease. However, for xRapid to work, all of the XRP will have to sell for $1.00 per coin (as in, if you sell some coins for $0.99, some for $0.98, some for $0.97, etc., the receiver will be receiving less than the original $1,000,000). How will it all work? If the liquidity from us retailer investors just isn't there, what will happen? Would the transaction simply stay open and wait for, perhaps another Australian Bank, who are looking at purchasing the XRP to send elsewhere? Could there perhaps be a global agreed upon price? (in that case, I nominate a price of $10,000 per XRP ;) ) If you have any answers, I would love to hear them! :) I know that banks can opt to receive XRP instead of their local currency in order to send cheaper later, but I want to only look at currency exchange [link] [comments]  | ||
| Posted: 30 Jun 2018 09:52 PM PDT I know the company has big things coming for us and this is just the start of what's yet to happen, as a strong believer of the company and the success that's yet to come, I decided to get a custom license plate [link] [comments]  | ||
| Before the last drop XRP was stronger compared to BTC Posted: 01 Jul 2018 07:15 AM PDT About decoupling, before the drop when BTC was around 6200$, XRP was around .48$. Now BTC is over 6300$ but XRP is around .45$ It seems that XRP didn't recover so well [link] [comments]  | ||
| What if some of the overlapping nodes are faulty? Posted: 30 Jun 2018 10:29 PM PDT Ripple whitepaper says that "The intersection of two UNLs may include faulty nodes, but so long as the size of the intersection is larger than the bound required to guarantee agreement,". How? Suppose there are three sets of nodesA = 79 nodesB = 21 nodesC = 79 nodes Let's assume that A and B form a UNL set of 100.B and C form another UNL set of 100.Further, let's assume that 19 nodes in set B are malicious.Such a network satisfies > 20% overlap and > 80% good nodes in each set. Now, 62 nodes in set A and 19 nodes in set B can agree on one set of transactions while 62 nodes in set C and 19 nodes in set B can agree on a different set of transactions. The two good overlapping nodes know this but will not be able to prevent a split in the network, right? Or am I missing something? Even if 2 nodes in set B are malicious, they can cause such a split.P.S. pardon my ignorance here if this is something very obvious, I am just learning these concepts. [link] [comments]  |
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