Discover and read the best of Twitter Threads about #ILP
Most recents (19)
Data Analysis-Budget Eve 9June23
· Banks made sure no one can do mandi
· Poor souls got trapped in $MARI
· Foreigners went on holiday
· Funds are selling like no tomorrow
· Rent seeker are being dumped? 🤣
Read 🧵1/11
Watch🔽
· Banks made sure no one can do mandi
· Poor souls got trapped in $MARI
· Foreigners went on holiday
· Funds are selling like no tomorrow
· Rent seeker are being dumped? 🤣
Read 🧵1/11
Watch🔽
Trade Pattern of Market Players
Banks
2/
Banks
2/
Brokers
3/
3/
[1/🧵] Ah, #XRPL, the #blockchain of choice for tech-savvy investors looking to make a quick buck in the world of #Web3 domains.
Why bother with @ICANN when you can just get an NFT? Isn't it practically the same?
WRONG! 🧵👇
Why bother with @ICANN when you can just get an NFT? Isn't it practically the same?
WRONG! 🧵👇
[2/22] — Outline —
🔸 Fundamentals and Definitions
🔸 #Web2 vs. #Web3
🔸 "Domain" Projects
🔸 @fynbosdev and #ILP
🔸 A Better Approach (#XRPL)
🔸 Standardization
🔸 Fundamentals and Definitions
🔸 #Web2 vs. #Web3
🔸 "Domain" Projects
🔸 @fynbosdev and #ILP
🔸 A Better Approach (#XRPL)
🔸 Standardization
[3/22] — 1⃣ Fundamentals — Domain —
#Domains are #namespaces that are used for coupling #IP-addresses to human-readable names for ease of use.
They are also organized in a hierarchical structure for governance purposes.
#Domains are #namespaces that are used for coupling #IP-addresses to human-readable names for ease of use.
They are also organized in a hierarchical structure for governance purposes.
[1/🧵] I believe @bob_way has already gone way overboard with #ILP and all the complexities of explaining all that needs to be expressed. ❤️
Still, let me make a few remarks on the following topics 👇
• Infrastructure layers of #ILP
• #XRPL Payment Channels
• "Ledger Graphs"
Still, let me make a few remarks on the following topics 👇
• Infrastructure layers of #ILP
• #XRPL Payment Channels
• "Ledger Graphs"
[2/17] — Infrastructure Layers of #Interledger —
When it comes to the most recent version of the open #ILPv4 suite in universal mode (high volume, low value payments), the layering is as follows:
1⃣ Application
2⃣ Transport
3⃣ Interledger (Core Layer)
4⃣ Link
5⃣ Ledger
When it comes to the most recent version of the open #ILPv4 suite in universal mode (high volume, low value payments), the layering is as follows:
1⃣ Application
2⃣ Transport
3⃣ Interledger (Core Layer)
4⃣ Link
5⃣ Ledger
[3/17] — 1⃣ Application Layer —
This is the suite's first layer, and it contains the following protocol:
➡️ #SPSP (Simple Payment Setup Protocol)
📝 This is for #identifiers, which are comparable to email addresses and are used to make addresses readable.
This is the suite's first layer, and it contains the following protocol:
➡️ #SPSP (Simple Payment Setup Protocol)
📝 This is for #identifiers, which are comparable to email addresses and are used to make addresses readable.
[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. 😉
[A #Thread 🧵]
[A #Thread 🧵]
[2/12] 🤔 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:
🔹 Addressing
🔹 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:
🔹 Addressing
🔹 Fragmentation
[1/🧵] Is this you? 🤨
• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years
Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇
• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years
Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇
[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:
• 12th December 2020, 00:00 UTC
• #XRP Ledger index 60,155,580
. . .
• 12th December 2020, 00:00 UTC
• #XRP Ledger index 60,155,580
. . .
[3/20] . . .
You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.
→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . .
You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.
→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 1/ As things currently stand, no obvious winner has been elected.
However, the following should be noted:
• The majority of BIS research initiatives allude to a future DLT architecture.
. . .
However, the following should be noted:
• The majority of BIS research initiatives allude to a future DLT architecture.
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 2/ . . .
• Prefunding (nostro/vostro) may only be handled by utilizing a decentralized trustless blockchain such as #XRP (used by Ripple), #XDC (used by XinFin/R3), #ETH (used by ConsenSys), or #XLM (used by Stellar)
. . .
• Prefunding (nostro/vostro) may only be handled by utilizing a decentralized trustless blockchain such as #XRP (used by Ripple), #XDC (used by XinFin/R3), #ETH (used by ConsenSys), or #XLM (used by Stellar)
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 3/ . . .
• In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
• In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
@sentosumosaba 1/🧵 I'm not sure if the news is worrisome in any form.
In fact, you are accurate (as always 😉) that the #XRPL will not possess ALL THE MONEY, but it will be #interoperable with and #interconnected to ALL THE MONEY.
Here's some background: 👇
In fact, you are accurate (as always 😉) that the #XRPL will not possess ALL THE MONEY, but it will be #interoperable with and #interconnected to ALL THE MONEY.
Here's some background: 👇
@sentosumosaba 2/ #Partior is built on the private #permissioned #Ethereum-based @ConsenSys #Quorum #blockchain, which contributes to fragmentation rather than consolidation.
. . .
. . .
@sentosumosaba @ConsenSys 3/ . . .
For this reason alone, it is far inferior to payment settlement alternatives such as #ILP+#XRPL, which are open and #interoperability friendly.
For this reason alone, it is far inferior to payment settlement alternatives such as #ILP+#XRPL, which are open and #interoperability friendly.
Came across an interesting document from the
Financial Stability Board in 2019
Pay attention to the FSB if you are involved with crypto as they are an important Standard Setting Body (SSB)
-Thread on the slides-
#Crypto #DLT #Fintech #FSB #Innovation #Banking #Regulations #XRP
Financial Stability Board in 2019
Pay attention to the FSB if you are involved with crypto as they are an important Standard Setting Body (SSB)
-Thread on the slides-
#Crypto #DLT #Fintech #FSB #Innovation #Banking #Regulations #XRP
1. 1st picture they were working on creating Stablecoin regulation in 2020 and monitoring crypto assets.
• 2nd picture is from my video showing the G7 supports the work of the FSB and other SSBs ‼️
#G7 Video on #Digitalization, #CBDCs & Crypto Reg.
• 2nd picture is from my video showing the G7 supports the work of the FSB and other SSBs ‼️
#G7 Video on #Digitalization, #CBDCs & Crypto Reg.
Great Map by @XX_1133_1221_11
I noticed I have seen Heng Swee Keat somewhere in my research mindmap before👀
A deep research thread to show #Singapore is a leader in the global #4IR #DLT #Technology #Race🌎
#MAS #Fintech #Research #DeepDive #Innovation #Complex #Ubin🧠
-🧵-
I noticed I have seen Heng Swee Keat somewhere in my research mindmap before👀
A deep research thread to show #Singapore is a leader in the global #4IR #DLT #Technology #Race🌎
#MAS #Fintech #Research #DeepDive #Innovation #Complex #Ubin🧠
-🧵-
1. 2018 #NTP - Transformational platform - A one-stop interface that will enable traders to interact with all business stakeholders and regulators on trade-related TXNs
"Our vision is to be a truly global network, with efficient data flow to work together to facilitate trade"
"Our vision is to be a truly global network, with efficient data flow to work together to facilitate trade"
2. These #NTP are ecosystems of the future building a regulated digital ecosystem in Singapore
#Ripple, #Tradeflow, #Xinfin, #Wadzpay as examples
ntp.gov.sg/public/search-…
#XDC #WeAreXDC #tradeflow #ICC
#Digitalization #TradeFinance #Platforms #DLT #Data #fintech #Innovation
#Ripple, #Tradeflow, #Xinfin, #Wadzpay as examples
ntp.gov.sg/public/search-…
#XDC #WeAreXDC #tradeflow #ICC
#Digitalization #TradeFinance #Platforms #DLT #Data #fintech #Innovation
An important document👇
Project Stella ECB + Bank of Japan
Synchronized Corssborder payments 2019
@Interledger @Hyperledger
My Theory
#Ripple < #ILP < $XRP pay channels for settlement
--Technical DLT Information--
#Interledger #PoC #Ripple #XRP #DLT
ecb.europa.eu/paym/intro/pub…
Project Stella ECB + Bank of Japan
Synchronized Corssborder payments 2019
@Interledger @Hyperledger
My Theory
#Ripple < #ILP < $XRP pay channels for settlement
--Technical DLT Information--
#Interledger #PoC #Ripple #XRP #DLT
ecb.europa.eu/paym/intro/pub…
Intro.
Warning:
This is very technical information for people interested in DLT and banking payment upgrades.
Not for the faint of heart.
Warning:
This is very technical information for people interested in DLT and banking payment upgrades.
Not for the faint of heart.
Talks about Bank of England synchronized settlement of RTGS
I've seen that before and the common denominator was @Interledger #ILP #fintech #payments #settlement
3rd photo is the Bank of England document I read years ago on the ILP PoC success.
I've seen that before and the common denominator was @Interledger #ILP #fintech #payments #settlement
3rd photo is the Bank of England document I read years ago on the ILP PoC success.
Want to be in the top 1%?
Find the blockchain projects 99% aren't looking at.
I've done 1000s of hours of research on some of the best projects and compiled them into educational threads for other citizens to research
Here are some of my deep dives🌊
--Thread of Threads--
Find the blockchain projects 99% aren't looking at.
I've done 1000s of hours of research on some of the best projects and compiled them into educational threads for other citizens to research
Here are some of my deep dives🌊
--Thread of Threads--
My focus is on long-term utility blockchain/ DLT projects⛓
Not short-term meme coins
These threads will cover:
• CBDC's
• IoT + IoV
• Innovation
• Supply chain
• Data protection
• Paperless trade finance
• Cheap payment infrastructure
• Interoperability of DLT ledgers
Not short-term meme coins
These threads will cover:
• CBDC's
• IoT + IoV
• Innovation
• Supply chain
• Data protection
• Paperless trade finance
• Cheap payment infrastructure
• Interoperability of DLT ledgers
1. A beginner's guide to understanding the difference between the terms cryptocurrencies and blockchain.
#DLT #Blockchain #education #fintech #innovation #tokenization #4th #Industrial #Revolution #4IR #education #Finance #crypto #knowledge
#DLT #Blockchain #education #fintech #innovation #tokenization #4th #Industrial #Revolution #4IR #education #Finance #crypto #knowledge
Everyone knows the term cryptocurrency
But few understand what blockchain technology is and how it's revolutionizing industries across the globe
A list of information on why you should research blockchain technology
--Thread--
But few understand what blockchain technology is and how it's revolutionizing industries across the globe
A list of information on why you should research blockchain technology
--Thread--
1. Blockchain is the underlying technology that cryptocurrencies are built upon.⛓
Yes, it's more than a digital currency.
Blockchain / DLT (distributed ledger technology) provides an immutable, digital ledger that is always updating with transactions happening in real-time. 📖
Yes, it's more than a digital currency.
Blockchain / DLT (distributed ledger technology) provides an immutable, digital ledger that is always updating with transactions happening in real-time. 📖
2. What are the benefits of using Blockchain or DLT?🤔
Check out the pictures below to see how DLT technology will revolutionize industries. 👇
Shout out to @MikeQuindazzi for his awesome benefits infographic
#blockchain #DLT #innovation #financial #cryptocurrency #education
Check out the pictures below to see how DLT technology will revolutionize industries. 👇
Shout out to @MikeQuindazzi for his awesome benefits infographic
#blockchain #DLT #innovation #financial #cryptocurrency #education
CBDC's in Cross Border Payments - World Bank
So I read this 46-page document
I found some interesting pieces of information so this thread will dive into some of my thoughts
I also found some errors the @WorldBank needs to fix in regards to $XRP
#XRP $XLM #XRPCommunity #XRPL
So I read this 46-page document
I found some interesting pieces of information so this thread will dive into some of my thoughts
I also found some errors the @WorldBank needs to fix in regards to $XRP
#XRP $XLM #XRPCommunity #XRPL
First of all, thank you to the writers that created this
There was a lot of great information on CBDC's and possible structures that the infrastructure could be built on.
But I am not going to cover the CBDC stuff in this thread.
#Project #Ubin #Stella #Jasper #R3
There was a lot of great information on CBDC's and possible structures that the infrastructure could be built on.
But I am not going to cover the CBDC stuff in this thread.
#Project #Ubin #Stella #Jasper #R3
Great description for beginners of what Distributed Ledger Technology is.
World bank mentions lack of interoperability but there are two great solutions for that:
1. @quant_network - #Overledger Solution
2. @Interledger - Interledger Protocol ILP
#DLT #Blockchain
World bank mentions lack of interoperability but there are two great solutions for that:
1. @quant_network - #Overledger Solution
2. @Interledger - Interledger Protocol ILP
#DLT #Blockchain
A thread for awareness of Play to Earn (PoE) with
@Ripple + @FortePlatform #ILP #XRP $XRP
Video game ecosystems in which you can exchange items for real money $
The new era of gaming is being built:
--A look into my perspective & Info Thread--
#gaming #IoV #utility #fintech
@Ripple + @FortePlatform #ILP #XRP $XRP
Video game ecosystems in which you can exchange items for real money $
The new era of gaming is being built:
--A look into my perspective & Info Thread--
#gaming #IoV #utility #fintech
@Ripple @FortePlatform The last thing to innovate in the gaming industry is real money economies where players can trade real in-game items (NFTs) for real $ value with other players
Yes, this will give anyone a chance to make money from a video game!💰
#XRP $XRP #DLT #Micropayments @FortePlatform
Yes, this will give anyone a chance to make money from a video game!💰
#XRP $XRP #DLT #Micropayments @FortePlatform
@Ripple @FortePlatform The History of Videogames:
1. Arcades
2. At home consoles
3. The computer
4. Mobile phones & in-app purchases (like skins, items attached to a user account not tradable)
5. Now tokenized items as NFTs that are tradable with players and $ value interoperable between games!
#DLT
1. Arcades
2. At home consoles
3. The computer
4. Mobile phones & in-app purchases (like skins, items attached to a user account not tradable)
5. Now tokenized items as NFTs that are tradable with players and $ value interoperable between games!
#DLT
95% of people are chasing meme coins
But few are looking at one of the biggest long-term opportunities in crypto...
A deep dive into how $XRP is building a frictionless decentralized liquidity pool for the world 🌍
(Not financial advice)
/THREAD/
But few are looking at one of the biggest long-term opportunities in crypto...
A deep dive into how $XRP is building a frictionless decentralized liquidity pool for the world 🌍
(Not financial advice)
/THREAD/
1/ The problem:
“With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve”
Quoted by @dontapscott a leader in the decentralized blockchain revolution
“With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve”
Quoted by @dontapscott a leader in the decentralized blockchain revolution
@dontapscott 2/ Before blockchain
The internet had a problem with transferring $ value peer to peer
The only 2 options for sending money were:
1. Send $ using a cross border payment via bank transfers
2. Use a 3rd party and trust a stranger with private information
Lets dive into those👇
The internet had a problem with transferring $ value peer to peer
The only 2 options for sending money were:
1. Send $ using a cross border payment via bank transfers
2. Use a 3rd party and trust a stranger with private information
Lets dive into those👇
The Gates Foundation New Partnership with EU European Investment Bank
What kind of relationship does the gates foundation have with blockchain technology?
Share your research in the comments!👇
sciencebusiness.net/climate-news/n…
What kind of relationship does the gates foundation have with blockchain technology?
Share your research in the comments!👇
sciencebusiness.net/climate-news/n…
Some partnerships I have seen over the years
Bill & Melinda Gates Foundation Creates Mojaloop foundation and partner with
#Ripple #Interledger #ILP $XRP
Bill & Melinda Gates Foundation Creates Mojaloop foundation and partner with
#Ripple #Interledger #ILP $XRP
Details of the Ripple & Mojaloop Partnership and how it's changing the world of payments in developing countries.
One day this could include a new 1.6 billion people of the unbanked to participate in global trade.
#unbanked #fintech #financialinclusion #XRP #ILP
One day this could include a new 1.6 billion people of the unbanked to participate in global trade.
#unbanked #fintech #financialinclusion #XRP #ILP
Reasons why I believe the legacy cross-border payments system is broken and the future solution to the problem.
For example, if you send $150+ dollars from Canada to Japan
The bank charges you a $50 transaction fee. (which is expensive to third world countries)
For example, if you send $150+ dollars from Canada to Japan
The bank charges you a $50 transaction fee. (which is expensive to third world countries)
Second thing they tell you is money doesn't move on weekends or holidays..
So you ask when will the other side get their money?
Sir, we do not have end-to-end tracking on cross-border payments. It's up to the receiving party to let you know when they get it.
What? It's 2021...
So you ask when will the other side get their money?
Sir, we do not have end-to-end tracking on cross-border payments. It's up to the receiving party to let you know when they get it.
What? It's 2021...
We can send an email across borders instantly why not money?
The answer is legacy swift system uses the correspondent banking system.
Your payment travels through multiple banks ledgers, going through the clearing process which can take days. KYC + AML processes.
The answer is legacy swift system uses the correspondent banking system.
Your payment travels through multiple banks ledgers, going through the clearing process which can take days. KYC + AML processes.
The G20 wants it to be LEAN AND GREEN
And pushing for adoption!
Testing went perfect!
#XRP
#DLT
#ILP
@Ianbins @Paisan26849860 @digitalassetbuy @luminusdesign @db70899 @dam00r @LeeR912 @XrpCenter @RippleXrpie @BankXRP @XrpBoy @XrpCenter @Fame21Moore @stuart_xrp @XRPMichaelB
And pushing for adoption!
Testing went perfect!
#XRP
#DLT
#ILP
@Ianbins @Paisan26849860 @digitalassetbuy @luminusdesign @db70899 @dam00r @LeeR912 @XrpCenter @RippleXrpie @BankXRP @XrpBoy @XrpCenter @Fame21Moore @stuart_xrp @XRPMichaelB
t20japan.org/wp-content/upl…
The link to that PDF
AND
THERE IS MORE
G20 have been BUSY for a long time, the evolution is maybe slow, but they arent stoping for it!
Agreeing on INTERNATIONAL TAXES is an IMPORTANT step
The link to that PDF
AND
THERE IS MORE
G20 have been BUSY for a long time, the evolution is maybe slow, but they arent stoping for it!
Agreeing on INTERNATIONAL TAXES is an IMPORTANT step
G20 wants to do many good things
And make sure there is an even playing field on several levels.
Two of which can be read at #25 & #26
And make sure there is an even playing field on several levels.
Two of which can be read at #25 & #26
