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galgitron (don't ask for predictions) Profile picture
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22 Nov, 9 tweets, 3 min read
Latest charts. Kapow.. Lots and lots of volume. All speculation, not ODL
Sum of Successful XRP Payments.
Moving Average
Larger payments
Account openings. Kablammo!
Trying to remove some exchange transactions to see natural ledger usage. Considerable uptick. Not sure how to interpret that.
Ledger Fees. Nothing too crazy.
Ledger transaction count. Oh, what's that you say? The ledger transaction rate doubled? Yawn... wake me when Bitcoin blows up.
These charts are from my spreadsheet using data from BigQuery populated by @WietseWind and @K80306.

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More from @galgitron

galgitron (don't ask for predictions) Profile picture
8 Oct
First reactions to new Ripple Line-of-Credit (LOC) feature is the belief that it's just Ripple dumping more XRP into the markets, and limiting the perspective to this product, that's true, but Ripple has already stated they are actively buying back from the markets...1/4
to stabilize the price, so you can be sure that Ripple isn't going to let LOC drive the price down.

So what is LOC for? Well as stated in this Ripple news, it's for smaller companies to be able to use ODL without needing all that money up front. Most companies operate.. 2/4
on debt and pay back their debts once they get paid. Using ODL today requires money up front, which keeps a lot of smaller companies from considering using ODL. Now with LOC, smaller companies can take advantage of ODL. This is GREAT news for ODL adoption, and .. 3/4
Read 5 tweets
galgitron (don't ask for predictions) Profile picture
11 Aug
Many people were asking me about @FlareNetworks. Let me put it this way, if it were possible to process XRP in a trustless manner on the Ethereum blockchain, it would be groundbreaking. This product claims to deliver the net effect of that functionality. 1/?
While not quite as powerful as the promise of Codius, we all know Codius is a lame duck at this time, so being able to leapfrog right into fully matured EVM support is quite amazing. 2/?
One particularly notable possibility is the potential for the creation of a Uniswap hybrid smart contract that allows swaps between ANY two coins, the world's first truly chain-agnostic DEX. That's Babiggely beyond words.. 3/?
Read 5 tweets
galgitron (don't ask for predictions) Profile picture
9 Feb
Anybody that's being affected by the FUD campaign of @haydentiff, please do send me your questions and concerns so we can address this FUD head on
First, having abundant numbers of validators is NOT statistically more significant security nor added network stability from the point of view of non-state attacks. It can't be compared to Bitcoin, which requires orders of magnitude more nodes to achieve comparable security.
Second, there's a hypothetical peak of 1000 validators before returns diminish. Thus, it's not only useless, but impossible for each customer to be 'compelled' to run their own validator. Does it makes sense for you to be a mechanic because you drive a car?
Read 12 tweets

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