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    Saturday, December 12, 2020

    Ripple Daily Ripple/XRP Discussion Thread 12/13/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Ripple Daily Ripple/XRP Discussion Thread 12/13/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf


    Daily Ripple/XRP Discussion Thread 12/13/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Posted: 12 Dec 2020 08:04 PM PST

    Hello! It's Sunday. 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 by contacting the moderator team modmail

    We now have an official discord channel dedicated to r/Ripple: discord.gg/7Bv2rYf

    This channel is also used for r/XRP. While there are rules to follow, it will be a more relaxed environment where

    you can discuss anything related to Ripple and XRP. The channel is not affiliated with Ripple the company.

    submitted by /u/AutoModerator
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    Fake Email: Introducing quantitative easing for the Ripple userbase"

    Posted: 12 Dec 2020 11:01 AM PST

    Just received a fake email from someone purporting to be Ripple about a bs "quantitative easing" (aka giveaway) to owners of XRP. Warning anyone in case anyone new or gullible thinks it's legit.

    submitted by /u/psyentist15
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    Flare Executes Spark Snapshot for XRP Airdrop – Here's What's Next for Crypto Holders

    Posted: 12 Dec 2020 06:03 AM PST

    Need ETH in Wallet to Pay for SPARK Airdrop

    Posted: 12 Dec 2020 10:26 PM PST

    Hi all, I created a separate ETH wallet for the SPARK drop. There is currently nothing in it. Do I need ETH in this account to pay gas for the airdrop transaction or is this not relevant/related?

    submitted by /u/dj_blueshift
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    more spark after snapshot?

    Posted: 12 Dec 2020 09:54 PM PST

    I have successfully made it in time for the snapshot. I've been hearing something about claiming this airdrop for up to 6 months afterwards. What does this exactly mean? Would I be able to add more XRP to that account and still be airdropped more spark token than what my snapshot amount was at?

    submitted by /u/DragonApoc
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    Here is how to calculate the number of spark you will receive

    Posted: 12 Dec 2020 04:11 AM PST

    I would like to check my calculations with you.

    The official claim formula is:

    Spark claimable=((XRP owned)/(XRP total - XRP Ripple - XRP NPE))∗45Bn

    Where:

    Spark claimable: The amount of Spark claimable by an XRP address.

    XRP owned: The amount of XRP in the XRP address at the time of the snapshot.

    XRP total: The total amount of XRP in existence at the snapshot date. (100Bn)

    XRP Ripple: The XRP held in Ripple related accounts at the time of the snapshot including escrowed balances.(55Bn)

    XRP NPE: The XRP held by non-participating exchanges at the snapshot date.(24Bn because only 21Bn are participating)

    So...

    Spark claimable=((XRP owned)/(100Bn - 55Bn - 24Bn))∗45 Bn

    It means that the ratio will be 1:2.14. For 1 XRP you will receive 2.14 Sparks

    Am I right?

    submitted by /u/cpplp
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    Missed snapshot on coinbase, did I miss everything?

    Posted: 12 Dec 2020 04:06 PM PST

    I realized in the fine print that coinbase said the xrp in the wallet are not counted. And that only coins in the coinbase vault are counted.

    So I am guessing I missed everything? Please clarify if I misread the print.

    submitted by /u/1257919478
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    Final Flare Network snapshot (ratio of XRP/FLR)

    Posted: 12 Dec 2020 12:45 AM PST

    Hello,

    Now that we know total amount of FLR which was claimed by everyone (around 60B), does it mean that distribution ratio of Spark tokens will be higher than 1:1?

    Thanks

    submitted by /u/Reflections-Observer
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    Question about holding XRP on ledger for SPARK

    Posted: 12 Dec 2020 12:37 AM PST

    Hi,

    I own my xrp on ledger and I just claimed it using the xrp tool kit and now I can see flare address on xrpscan. Is that it? Do I need to do something else?

    Please let me know.

    Thank you

    submitted by /u/nukey56
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