Discover and read the best of Twitter Threads about #Ripple

Most recents (24)

During this 🧵, I share the interview I did w/@Jay_SpendDBits well over a year ago when I was researching the #XRPLedger and independent developers who have no connection to @Ripple or its executives.

@Spend_The_Bits is a PERFECT example of what’s wrong w/the SEC lawsuit.
In fact, there have been 15 Amicus Briefs filed in the @Ripple case and if Judge Torres were to inform me that she was only going to read one Amicus Brief but was going to allow me to pick the one she reads, I would tell her to carefully read the @Spend_The_Bits Amicus Brief.
The @Spend_The_Bits Brief may be the best at demonstrating how flawed the SEC’s all-encompassing #XRP theory is.

Like most in Crypto, Jay read the #Bitcoin White Paper and bought #BTC
He knew #Bitcoin was going to be part of the future and decided to develop a payments app.
Read 25 tweets
[1/🧵] — #XRPL (#XRP) vs. @Ripple #CBDC

A short thread comparing and contrasting the #opensource public #decentralized #XRPLedger with #Ripple's private #CBDC Ledger based on XRPL👇 Source:
[2/6] ▶️ What do central bankers expect?

#Interoperability — ILP
#Security, #Trust & #Speed — Unregulated
⚠️ #OverlayServices — Hooks and @EvernodeXRPL
#Access and #Inclusion — XRPL-DEX & AMM
#Stability & #Resilience — 10+ years old (XRPL) Source:
[3/6] ▶️ Why does it have to be a private solution?

With proven security & all of the #XRPL Tooling at its disposal, the only thing a CB lacks is "control" of the gov. process.

Gov. on the #XRPL is conducted through amendments and voting, which cannot be controlled centrally. Source:
Read 8 tweets
Daily Davos Creeper thread; a collation of #Ripple news at the intersection of Davos (WEF) and the UAE. There's smoke, is there fire?
A 'lil 🧵
2. Let's start by noting the meta-discussion surrounding Brad's mention of #Ripple's status in the UAE. To the listener it seemed he believed alternate information about Ripple's UAE status, despite the UAE minister to his left asserting "You do not".
3. The UAE, at least in the press, was notably present, as are many countries, but it does seem they were making an effort, participating in seminars including sustainability, preparing for the future and crypto. the Venn diagram, as they say.…
Read 7 tweets

Michael Hsu - Acting Comptroller of the Currency.
One way to mitigate risks.
Stablecoin issuance must be conducted in a standalone chartered entity, separate from other insured depository institutions and other regulatory affiliates.……
Stability, interoperability and separability are preliminary policy factors to consider in the architectural development. Other core values such as privacy, security and preventing illicit finance may also have architectural implications and warrant discussion.…
Read 4 tweets
[1/🧵] With all of the #XRPBuyback debate going on, there is one aspect that frequently gets misrepresented

▶️ People conflating the terms "#price" and "#value"

Because the definitions differ, it is essential to comprehend the distinctions

Let us evaluate it more closely. 👇🧵 Source:
[2/19] To have a better understanding of the subject, we must first define several terms that are crucial to #finance and explain the following in further detail:

🔹 "Price"
🔹 "Cost"
🔹 "Value"
🔹 "Store of Value" (#Bitcoin/#BTC)
🔹 "Internet of Value" (#Ripple) Source: Source:
[3/19] We will also go through the following scenarios to see whether what we think we are talking about is correct:

1⃣ The chart in reference to the #USD
2⃣ You are about to sell your #property Source:
Read 21 tweets
[1/🧵] #XRPLedger's Green ♻️ Agenda 2030 — Part 2/2

#XRPL, the leading and first prominent #DLT to achieve 💚 carbon neutrality 💚

Part 2 of this series will teach you all you need to know about the #eco-friendliness of #XRP, the digital asset. 🧵👇 Original Source:

This is typically a heated topic. That is why I will do my best to be neutral, clear, and factual. Expect no guesstimates or personal opinions on this subject.

Everything is stated exactly as it is! Source:
[3/26] If you haven't already, I highly recommend reading part 1 of this lengthy series to get a feeling of the magnitude of the undertaking that @Ripple is leading in this domain with the help of the #XRPL. 👇

Read 28 tweets
1/20 EMURGO's $USDA could be Cardano's very FIRST live stablecoin.

And how the XRP Lawsuit could affect Cardano and $USDA. 👇👇

A New Year Deep Dive🧵
EMURGO is the commercial arm of Cardano formed in 2017

EMURGO builds partnerships and business ventures with organizations globally to educate people about Cardano and support dApp development.

Overall, the goal of EMURGO is to promote the growth and widespread adoption Image
EMURGO recently introduced $USDA, the first USD-backed stablecoin for the Cardano ecosystem in Nov 2022.

It is backed by cash & govt. debt.
Read 22 tweets
Representations of characters/Items/Actions?
- King (government with fiat system)
- Crown (Treasury) which is cracked
- Monks (People or monastaries) that were stripped from wealth and assets by government just like what Henry the King did in 1500s
#Ripple $XRP @Stellar17Arya
-The king spend thoe money (fiat ranch) on wars and corruption
-Knight: Rebel against the king who is fighting and now holds the king and queen
- The purple guy (Progress) of people in the light of truth from the Monks age of darkness at the other side of the table
- The hand pulling the rope to tilt the scales has a suit with a lose button that fell off because whomever it represents they have a corrupt and cheap suit. may be the SEC in Christmas of 2020?
Read 9 tweets
@ripple_crippler said in one of his tweets "Alex we have to find Alice and Bob". Here is my explanation based on the Alice court case @SandyV004 @Stellar17Arya @CRYPTOCHEMIST12 @DigPerspectives @WorkingMoneyCH #Ripple #XRP $XRP Image
The Alice and Bob characters were invented by Ron Rivest, Adi Shamir, and Leonard Adleman in their 1978 paper "A Method for Obtaining Digital Signatures and Public-key Cryptosystems". A bob is a mass on the end of a pendulum. Bob presumably represents conventional methods. Image
Another interesting item is the "Alice" court case in June 2014 about a patent with regard to an international financial network that facilitates multicurrency transactions. "THE POST-ALICE JURISPRUDENCE PENDULUM AND ITS EFFECTS ON PATENT-ELIGIBLE SUBJECT MATTER".
Read 9 tweets
@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: 👇
@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. Source: https://consensys.n...
Read 15 tweets
[1/🧵] @Ripple's Green ♻️ Agenda 2030 — Part 1/2

@Ripple as a significant actor in the achievement of the most critical goal of:
🌱 „Goal 13 Climate Action“

In part 1 of this series, I will break it ALL down for you in regards to #Ripple 🧵👇 Source:

This is typically a heated topic. That is why I will do my best to be neutral, clear, and factual. Expect no guesstimates or personal opinions on this subject.

Everything is stated exactly as it is! Source:
[3/33] Before I get any farther into the intricacies of #Ripple, we must first build the groundwork:

❓ What is the primary goal ❓
The purpose is to combat #climate change by enacting the "Paris Agreement" and meeting the "#UN Sustainable Development Goals [13]." Source:
Read 35 tweets
#NickMorgan, on behalf of #ICAN, and myself, on behalf of @naomibrockwell filed motions for leave to file amicus briefs in support of @LBRYcom’s Motion to Limit the @SECGov’s Remedies.

Among other things, the SEC is seeking a permanent injunction, regarding the sale of #LBCs.
LBRY’s CEO, @jeremykauffman, agreed to dissolve LBRY and burn all existing pre-mined #LBC. With no #LBRY and no #LBC, he informed the Judge👨‍⚖️ that clearly it can’t be argued that secondary market #LBC holders and users are relying on LBRY’s efforts moving forward.
The Judge 👨‍⚖️ held a status conference on Nov. 21. I’ve read the notes 📝 from that conference and when the transcript is published, people will learn that @jeremykauffman spoke up directly to the Judge informing him that #LBC users deserve clarity regarding his decision.
Read 23 tweets
So @The_DTCC has selected @inside_r3 as the Underlying DLT Technology for the Project Ion Platform


2023 “Test” Year,🤔 First Settlement Mechanism on Corda #XRP
Liquidity - Settlement THATS What #XRP Is For The First Settlement Mechanism‼️

Below 👇🏼Is A Live Demo Using #XRP Posted by @inside_r3 Also I Have Provided The Actually Link Too This Demo So You Can Play Around With It
Read 6 tweets


(1) DEFI
(3) NFTS


#Binance10M #BUSD #Airdrop $BTC
Read 36 tweets
Something to discuss maybe …

Iam curious if anybody know a answer to my question...

The upcoming (EVM)Sidechain on the #XRPLedger uses Tendermint as a consensus mechanism and uses Proof of Stake (PoS)...
So the EVM-Sidechain needs PoS-Validators and Delegators... it).

but on the most PoS-Chains, unfortunately, there is always 3-5 TOP Validators which mostly together account for more than 50% of the Stake...

Is it possible to define an max limit(in %) that can be delegated to a validator? And would that be something from which…

the decentralization grad on the EVM-Sidechain could benefit? (And so the XRPL)

I mean, I could well imagine that if e.g. #Ripple provides a PoS validator, that's exactly where a large part of people will delegate their #XRP’s (eXRPs) to.
Read 12 tweets
VanEck 🤝 2023 Crypto Outlook: Our Top 11 Predictions🧵

1. #Bitcoin will test $10-12K in Q1 amid a wave of miner bankruptcies, which will mark the low point of the #cryptowinter. ❄️
2. In the second half of 2023, #Bitcoin will rise to $30K. Lower inflation, easing energy concerns, a possible truce in Ukraine, and a turnaround in M2 supply will power the start of a new bull market. 🐂📈
3. Financial institutions will tokenize more than $10B in off-chain assets on #blockchain. ⛓🏦
Read 12 tweets
The facts about #ISO20022

There have been LOTS of misinformed threads, videos and tweets about ISO 20022. So I thought it would be best to unpack what exactly ISO 20022 is and what it means for #web3 payment rails.
ISO 20022 is an open standard that anyone can use, anyone can contribute to and is free for anyone to implement on any network. ISO 20022 is a methodology for defining financial data content — it’s a standard for messaging standards as well as for APIs.
It’s not just about messages or APIs — ISO 20022 also provides a common language for machines and people to exchange information about financial business, set out in a formal dictionary.
Read 22 tweets
A weekend 🧵
Because we're not all programmers, perhaps this will be a useful guide to fight through XRP disinformation about secret XRP, buybacks and ledgers, using the most powerful tool available...

2) The most powerful FUD-fighting, #XRP-boosting, conspiracy clearing tool on the web?

The XRPL is opensource.
Let that sink in :)

And it's not Ripple's, despite their influence. This in many ways, answers questions that routinely circulate about XRP
3) For instance, knowing it's open source, why in the world would a gov try to buy back XRP, when they could DIY? For less? And regulate it? And it would be more liquid? This idea makes no sense at all for a free network.
Read 19 tweets
[1/🧵] #LiquidityHub—Einigen als Begriff vielleicht bereits bekannt, ist es das natürliche Upgrade der #Ripple #ODL (on-demand-liquidity) Plattform.

Noch nicht offiziell "gelaunched", gibt es dennoch erste Eindrücke und Informationen, die sehenswert sind. 👇🧵 Source:
[2/19] Der Umgang und volle Nutzen von #Crypto wird bei weitem noch nicht ausgereizt und steckt in der Wirtschafts- & Business-Welt noch in den Kinderschuhen.

Aber woran liegt das? Was ist der Flaschenhals?
Welcher 🔑 öffnet das 🔓 zur Massenadoption?…
[3/19] Schaut man sich den neuesten Blogbeitrag—Enterprise Applications of #Crypto Liquidity—von #Ripple an, stellt man schnell fest, dass Unternehmen aus aller Welt derzeit beim "investieren, kaufen, verkaufen und halten" feststecken und darüber nicht hinauskommen.
Read 21 tweets
Al Baraka Bank has become the first bank to sign onto the SADAD Bahrain platform, a platform which is #Ripple enabled for, among other things, remittances to UAE Exchange or ICICI India. 1/2… Image
There is even a possibility this connection would involve ODL as the original document noting the SADAD integration mentioned xCurrent. 2/2
^The original docs have been moved, so the best case scenario is that Al Baraka Bank will enable #XRP use via ODL through UAE Exchange & ICICI bank. Worst case is the Ripple integration never came to fruition so nothing is happening. Also note Al Baraka is Islamic banking.
Read 3 tweets
Let’s place the below comment in proper context w/ something I like to call:


In August 2018 - 2 months after the Hinman speech and 2 months after SEC enforcement lawyers wrote a memo 📝 analyzing XRP under Howey, @bgarlinghouse and @JoelKatz met w/ Clayton & Hinman.
We know exactly what happened during this meeting because the SEC turned over the SEC’s notes 📝 from the meeting even though it didn’t have to because it was privileged work product. So the facts I recite are not self-serving statements by Ripple or it’s executives.
Two months earlier, Hinman declared #BTC & #ETH non-securities. At the time, #XRP was the #3 Crypto by market cap (it was #2 several times in 2018).

Ripple’s CEO frustratingly spoke out and said:

@Ripple is living in purgatory because #XRP doesn’t have regulatory clarity.”
Read 22 tweets
Secret #XRP Ledgers!!! 🔎
Are they real?

Let's be clear; there are no secret ledgers where real XRP is priced at $100k. It is impossible and represents a misunderstanding of how the #XRPL works.
2. Just think of it - want XRP to be $50? $500? $5 million!? You could do it on your own private ledger! XRPL.ORG / Github even shows you how!
Then squeeze your super valuable XRP back onto the market, right?……
3. No.
Remember how the XRPL achieves consensus; there is a network of independent validators that agree on each tx recorded so the network progresses. And they already agree on the amount of XRP created and where it is.…
Read 13 tweets
Yesterday, @Ripple led a $72m funding round for digital asset market maker Keyrock. Active primarily in spot markets so far, it has been expanding into OTC markets recently.…
"Keyrock leverages its own technology to offer flexible and scalable liquidity solutions to marketplaces and asset issuers like #Ripple and over 85 other trading venues." They lost a small amount of assets to FTX.…
Also, SIX is partnered up w/ #Ripple investor SBI Holdings to create "the preeminent digital asset liquidity hub in Singapore."
And Middlegame Ventures has nothing to do with gaming.
Read 5 tweets
1/🧵 Ein kurzer Einblick in @gemwallet_app, die #opensource, "non-custodial" #XRPL Web-#Wallet für das #Web3.0 und "#Ripple XRPL Grants Wave 3" Gewinner Source:
2/ Ähnlich wie bei MetaMask ist #GemWallet eine "Browser-Extension"-App für den einfachen Umgang im #Web3, jedoch nativ auf dem #XRPL.

Funktionen sind z.B.:
• GemWallet #API (Brücke zwischen Websites und der Browser-Extension)
• Bezahlungen
#Private/#Pubkey-Generierungen Source:
3/ 🛠️ Möchte man also per #API (NPM/Node.js oder CDN/Browser) eine Brücke zwischen dem #XRPL und seiner eigenen #Web3-#dApp herstellen, bietet #GemWallet die dafür notwendigen Tools und Werkzeuge.…
Read 11 tweets

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