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[1/12] To understand what else is needed to create a financial future based on #blockchain technology, just consider what the #Interledger #Protocol was NOT designed to do. π
[A #Thread π§΅]
[A #Thread π§΅]
[2/12] π€ What problem does #ILP genuinely address?
Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].
What must be resolved is:
πΉ Addressing
πΉ Fragmentation
Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].
What must be resolved is:
πΉ Addressing
πΉ Fragmentation
[1/π§΅] I've been reading a lot about #XRPL #scalability recently.
Let me quickly go through how #XRPL performs and #scales on these metrics:
βΆοΈ Scale up "vertically"
βΆοΈ Scale out "horizontally"
βΆοΈ High volume & High value TX
βΆοΈ High value & Low speed
Let me quickly go through how #XRPL performs and #scales on these metrics:
βΆοΈ Scale up "vertically"
βΆοΈ Scale out "horizontally"
βΆοΈ High volume & High value TX
βΆοΈ High value & Low speed
[2/17] π Asynchronous TX speedβScale up "vertically"
In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction orderβone Ledger at a time.
π bitcoin.stackexchange.com/questions/7857β¦
. . .
In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction orderβone Ledger at a time.
π bitcoin.stackexchange.com/questions/7857β¦
. . .
[3/17] . . .
β The approach for #DLT/#Blockchain-based systems such as #XRPL:
βοΈ "Payment Channels"
π§ It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . .
β The approach for #DLT/#Blockchain-based systems such as #XRPL:
βοΈ "Payment Channels"
π§ It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . .
A thread to help you see more clearly the things to come in the next months.
I'm going to cover :
- πΉππππππ§πππ πππππππ ππππππππ‘πππ.
- πΉππππππ βππβ π£πππ’π πππππ πππππππ‘π .
- πππππππ πππ πππππ π’ππππ‘ππ .
π½
I'm going to cover :
- πΉππππππ§πππ πππππππ ππππππππ‘πππ.
- πΉππππππ βππβ π£πππ’π πππππ πππππππ‘π .
- πππππππ πππ πππππ π’ππππ‘ππ .
π½
Regarding airdrop preparation, if you have been following this thread, then you should be ready or approaching the key values!
Generally, an airdrop season takes place over a period varying from 6 months to 1 year.
Generally, an airdrop season takes place over a period varying from 6 months to 1 year.
So your preparations today will allow you to be eligible for the first ones.
Afterwards, you can always complete your bags with time.
Why?
Because your preparation must be long term.
With consumer chains on the way, you'll also need to be ready
Afterwards, you can always complete your bags with time.
Why?
Because your preparation must be long term.
With consumer chains on the way, you'll also need to be ready
