[1/14] Der #eEUR oder digitale #Euro, in Fachliteratur eher als "#Retail#CBDC" bekannt, unterscheidet sich stark vom "#Wholesale#CBDC" u. bringt unterschiedlichste Eigenheiten mit sich
In diesem 🧵 gehe ich dem Thema #Bargeld und unserer #Privatsphäre näher auf die Schliche 🧐
[2/14] "Digitale #Zentralbankwährungen" (#CBDCs) werden als zukünftiges gesetzliches Zahlungsmittel für jede Art von Transaktionen im Mittelpunkt stehen
Der subjektive "Vorteil", der dabei häufig hervorgehoben wird, ist die Bindung an eine digitale #ID u. die Programmierbarkeit
[3/14] Die Programmierbarkeit, bereits von #ETH und anderen Smart-Contract Plattformen bekannt, ermöglicht intelligente und automatisierbare Ausführungen
Einfach ausgedrückt, sind Wholesale CBDCs für den #Interbanken-Sektor vorgesehen (Grenzüberschreitende #Zahlungen), wohingegen die Retail CBDCs für den allgemeinen Zweck der #Bezahlungen vorgesehen sind
[6/14] Es ist tatsächlich so, dass in einem "Hybrid-Design", ähnlich einer trad. #PKI, der "#Retail#CBDC" so designed werden kann, dass unter anderem der Anschein von Privatsphäre gewährleistet ist, da sich sog. "#Vermittler" um die priv. Gelder kümmern
[7/14] Auch wenn alle 3 von der #BIS vorgeschlagenen #CBDC-Designs zum Ziel führen, kann Eines in der digitalen (und analogen) Welt nie verhindert werden:
[8/14] Metadaten sind alle Informationen, die frei- oder unfreiwillig bei jeder digitalen Teilhabe im Internet mit herausgegeben oder erschlossen werden können
Dazu gehören z.B.:
• Wann wurde bezahlt?
• Welches Handy und welche App?
• Wie oft wurde am selben Ort bezahlt?
[9/14] Ist die von @c_lindner aufgestellte These zum #Bargeld überhaupt umsetzbar?
Schauen wir uns dazu die offizielle Definition der "Rolle des Bargeld" der #EZB (#ECB) an
Darunter versteht die #EZB:
• "ohne die Beteiligung eines Dritten aufbewahren"
• "Man braucht dafür keine besondere Ausstattung, kein #Internet und keinen #Strom"
[13/14] Wenn es einen Grund zum Aufatmen gibt, dann tatsächlich der, dass der freie #Markt (Privater Sektor), Lösungen erfinden wird, um das Konstrukt der #CBDCs für alle problemlos nutzbar zu machen.
[1/🧵] The bullrun seems to be just around the corner, and everyone is teasing us with yield and XRPFi protocols. 🧐
Regardless of whether you decide to hold or sell...
Let's take a look at "Lending" and check if it's worth it. 👇
[2/14] — 1⃣ Money Markets —
Before we do just that, let's quickly clarify a specific word first.
Behind the terms "Lending" and "Borrowing" actually hides another term that you will see from time to time:
🔸 Money Markets
[3/14] — 2⃣ Money Markets —
Besides AMMs, lending is currently the most important pillar for on-chain DeFi, as it removes the middleman in the pooling, management, and lending of funds.
The goal? 🤨
Positive yield or in other words, interest on the liquidity you provide.
[1/🧵] A MASSIVE attack on the JavaScript ecosystem is currently underway. ☹️
Since JavaScript is at the heart of what we use every day to browse the internet, you MUST be extra vigilant.
Let's take a look at a possible solution for the XRP ecosystem. 👇🧵
[2/13] — 1⃣ First things first —
Although the entire JavaScript ecosystem is at risk, the malware appears to be targeting only a few blockchain ecosystems, based on the addresses it uses to steal funds:
‼️ At risk 👇
[3/13] — 2⃣ First things first —
The reason this is such a big deal is because of the sheer volume of weekly downloads of the maliciously patched packages.
[1/🧵] You've probably heard about new yield opportunities with XRP that promise a return of around 20% APY. 🧐
How much truth is there to this, and what happens if you actually connect to @moremarketsxyz and deposit funds? 👇
[2/14] — 1⃣ First things first —
👉 I want you to repeat after me:
"I will not deposit all my XRP into completely new DeFi protocols right after their launch, no matter the yield"
[3/14] — 2⃣ First things first —
When you join any DeFi protocol, start with very small amounts (e.g., 1 XRP) to get a feel for how things work, and try to regularly withdraw everything to test whether you can realize your profits with the protocol or not. 👍
[1/🧵] What's still upcoming and in the pipeline for the XRP Ledger? 🧐
My attempt to summarize what the brilliant @aanchalmalhotre "casually" laid out in a 25-minute talk at XRPL Apex this year. 👇
[2/15] — 1⃣ Key-Challenges —
Privacy and compliance are at odds with each other, and balance is key.
A lot of what the TradFi world is used to and expects still doesn't exist or is purposefully different in blockchains, like transparent transactions or low confidentiality.
[3/15] — 2⃣ Key-Challenges —
Institutions also expect their on-chain operations, aka transactions, to be highly customizable and controllable because of factors like internal risk management.
👉 They expect the XRPL to be programmable for their dedicated policies.
With all these new integrations and partnerships, I bet you are pretty much overwhelmed by all the alien-like jargon. 🤨
A little vocabulary crash course ahead 👇
[2/20] — 1⃣ Overview —
What just happened today is nothing less than the complete onboarding of the XRPL to the vast and entire web3 blockchain ecosystem (+ Bridging protocols and available liquidity).
👉 All via the XRPLEVM sidechain, Axelar and @squidrouter.
[3/20] — 2⃣ Overview —
What does this mean in practice? 🧐
🔸 New tokens on the XRPL DEX (bridged by @axelar)
🔸 Literal (and easy) any-to-any swaps (via Squid)
🔸 Liquidity from the entire web3 ecosystem (via CORAL)
🔸 Bridged XRP accessible on 80+ chains (through XRPLEVM)
Two new stablecoins just launched on the XRP Ledger:
🔸 EURØP (EUR-backed by Schuman Financial)
🔸 USDB (USD-backed by Braza Group)
A quick peek behind the curtain. 👇
[2/14] — 🇪🇺 Overview —
EURØP ✖ Schuman Financial
🔸 MiCA-compliant regulated e-money token
🔸 Fully backed by €-denominated assets
🔸 Held in segregated accounts, separate from their corporate accounts
🔸 Supervised by Autorité de Contrôle Prudentiel et de Résolution (ACPR)
[3/14] — 🇧🇷 Overview —
USDB ✖ Braza Group
🔸 Expected to be MiCA regulated in 2025
🔸 Fully backed by $-denominated assets
🔸 Reserves held by Braza Bank Banco de Câmbio S.A.
🔸 A bank licensed and regulated by the Brazilian Central Bank