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Krippenreiter Profile picture
@krippenreiter
Nov 8, 2022 • 10 tweets • 11 min read • Read on X
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[1/9] Starker Post zum Thema @FlareNetworks #API-Portal! 💪

Die Schnittstelle schlechthin um z.B. über #HTTP-#GET (+#POST) Anfragen, Zustände (#States) der angefragten #Blockchains (+#DLTs) zu erhalten

Mein praktisches Beispiel für die Zukunft: Ein 🧵
[2/9] Für alle die meine Zusammenfassung zur #FlareNetworks x #GoogleCloudTech (#GCP) Partnerschaft verpasst hatten, hier der Deepdive:

[3/9] Ich pflege derzeit für ein Portfolio von Assets (#Cash, #Immobilien, #Aktien, #Edelmetalle und #Krypto) eine selbstgebastelte Excel, die mir per API, je nach Wunsch, aktualisierte Zahlen liefert 💪 Types of Investments: Stock...
[4/9] Kopfzerbrechen hat mir stets nur eine Anlageklasse gemacht, in der sich ständig der #Public-Key und die #Token Anzahl ändert, jedoch kein Automatismus per #REST-#API möglich ist: #Krypto 😅

Aber warum eigentlich? 🧐 {API} Guide Source: https:/...
[5/9] Möchte man in der #Krypto Welt Zustände per #API abfragen, muss man entweder für jede #Krypto einen #Blockexplorer finden, der einen öffentlichen #API-Zugang anbietet oder aber selbst aktiver Teilnehmer des Ökosystems werden und einen "Read-Only" Reporting-Server aufsetzen Atomic Wallet Logo Source: ...
[6/9] Das man sich als Investor keine #Nodes aufsetzt nur um Daten für eine Excel-Tabelle auszulesen, sollte verständlich sein 😉

Die Lösung: api-portal.flare.network
--> "... providing access to blockchains without needing to run blockchain nodes." 🙏

[7/9] 👉 Was werde ich also machen?

@FlareNetworks haben versprochen auch eine "rate limited", aber freie und öffentliche API zur Verfügung zu stellen

Diese werde ich ganz klassisch per #HTTP-#GET nach meinen #PublicKeys befragen und so meine #Wallet-Informationen auslesen Customer (App/Client) <-> W...
[8/9] Was ich mir für die Zukunft vorstelle, ist ganz nach dem Model von #CloudFunding, die wöchentlichen $FLR o. $SGB Rewards zu nutzen um die Kosten zu tragen. Schade, dass man später, um den vollen Umfang von #GCP #APIgee nutzen zu können, Google Rechnungen zahlen muss 🫤
[9/9] Auch die Abo-Gebühr klingt derzeit noch so gar nicht nach #web3, mit einer prepaid-Bezahlung, die als Gebühr, monatlich abgezogen wird

Die Idee steht, aber die Feinheiten lassen noch Spielraum zur Verbesserung offen

Lasst uns gespannt sein! 👀
#ConnectEverything $FLR $SGB Coston, Songbird, Coston2, ...
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More from @krippenreiter

Krippenreiter Profile picture
Apr 8
[1/🧵] Tokenization, Ripple, Hidden Road & XRP!

A lot has happened in the last few days, and I feel like people don't really grasp the magnitude of what this means for the XRP Ledger. 🤨

Let's take a look at some numbers & address the topic from my beloved "1%" perspective. 👇 Source: @Krippenreiter
[2/16] — 1⃣ Status Quo —

The XRP Ledger as it stands now handles around ~100 transactions per ledger.

If we assume a ledger to continuously close and finalize every ~4 seconds, this brings us to ~25 TPS on average. Source: https://xrpscan.com/metrics
[3/16] — 2⃣ Status Quo —

Besides TPS, there is also TVL and $-Volume that we can measure and take a look at.

TVL:
🔸 ~52,000,000 USD

24h USD-Volume (CLOB+AMM):
🔸 ~13,000,000 USD Source: https://metrics.tequ.dev
Read 17 tweets
Krippenreiter Profile picture
Mar 29
[1/🧵] Over the last few days, many newcomers have asked me one question, and one question only:

“What do I need to keep in mind if I want to hold my keys in self-custody on the XRP Ledger?”

My Answer?

“It depends...” and here's why. 👇 Source: https://map.xrpl-commons.org
[2/16] — 1⃣ Background —

Self-Custody doesn't simply mean holding your own private keys to control your own account on the XRPL.

There's also the psychological effect that is about personal responsibility for all that happens. Source: https://www.theexceptionalskills.com/take-personal-responsibility/
[3/16] — 2⃣ Background —

If something goes terribly wrong, chances are very low that anyone will be able to help you, at least as things stand today. (I'll try though 🤗)

👉 "Be your own bank" also has its drawbacks. Source: https://www.listenmoneymatters.com/infinite-banking-concept/
Read 17 tweets
Krippenreiter Profile picture
Mar 24
[1/🧵] XRP Ledger Vocabulary Overview ‼️

The greater the XRPL becomes and the more features are introduced, the more I feel that a dictionary is needed.

Let's start with 10 words you NEED to know. 👇 Source: https://www.youtube.com/watch?v=sVTybJ3cNyo&t=19s
[2/14] — XRP —

Digital currency that is secured by cryptography and supported by the XRP Ledger.

Also used for:
🔸 Transactions
🔸 Fees
🔸 Reserves
🔸 Bridging trades
🔸 Cross-border (Peer-2-peer) payments Source: https://xrpl.org/docs/introduction/what-is-xrp
[3/14] — XRP Ledger —

A decentralized blockchain that enables fast and cost-efficient transactions for processing and recording financial data.

Most important feature:
🔸 There is no single central authority Source: https://xrpl.org/docs/introduction/what-is-the-xrp-ledger
Read 15 tweets
Krippenreiter Profile picture
Mar 16
[1/🧵] The XRP Ledger is particularly superior when it comes to the fundamental task of moving value.

Although there are limits, we are about to overcome them big time! But how? 🤨

Follow me as I show you all the missing blocks 👇 Source: @Krippenreiter
[2/15] — 1⃣ Fundamentals —

What makes the XRP Ledger so great is that "things just work". 😉

To move value from A to B, you don't need a master's degree, because every single imaginable feature is engineered deep into the core. Source: https://xrpl.org
[3/15] — 2⃣ Fundamentals —

No matter if we talk about tokens, the decentralized exchange, escrow, or payment channels.

They are all tiny building blocks that a developer can put together to form the base layer of any solution. Source: https://smallbiztrends.com/businesses-for-sale-nationwide-right-now/
Read 16 tweets
Krippenreiter Profile picture
Mar 9
[1/🧵] A paradigm shift for the XRP Ledger is on the horizon ‼️

It's a future that's:
🔸 Programmable
🔸 Automated
🔸 Compliance-first

Let's take a look at some of the fundamental arguments and work out what this will mean for XRP. 👇 Source: @Krippenreiter
[2/18] — 1⃣ Status Quo —

To date, the XRPL is a so-called “fixed-function” blockchain, which only allows new native features to be added to the XRP Ledger if the on-chain governance process votes in favor of it.

If you're a pessimist, you would call this “permissioned”. 😉 Source: https://xrpl.org
[3/18] — 2⃣ Status Quo —

But there are actually many benefits and advantages that support this approach, e.g.:
🔸 Battle-tested (i.e. Escrow, Paychannel)
🔸 Aggregated Liquidity (CLOB+AMM)
🔸 Automatic Version Upgrades
🔸 Higher Standards (More Audits and Performance Tests) Source: https://b2prime.com/mu/news/what-is-liquidity-aggregation-and-how-it-works/
Read 19 tweets
Krippenreiter Profile picture
Feb 25
[1/🧵] One of the more fundamental proposals became public today. It's a draft that lays out a path to an inheritance solution for the XRP Ledger. 🧐

In my view, this is so much more than “just” an inheritance solution.

Let me show you what I mean. 👇 Source: https://dailycoin.com/crypto-inheritance-what-happens-to-cryptocurrency-if-i-die/
[2/10] — 1⃣ What's the matter? —

The way I see it, there are some hidden aspects that make this really powerful and a true “Plan B” solution if you lose access to your wallet.

It's much more than a solution to claim the last will and testament. Source: https://eshimony-law.com/inheritance-in-israel/understanding-different-types-of-wills-in-inheritance-law-in-israel/
[3/10] — 2⃣ What's the matter? —

It's the Plan B that could be your lifeline if you voluntarily or involuntarily lose complete access to your funds.

Voluntarily? What? 🤨

Let me give you a few cool examples to clarify this. 👇 Source: https://workalpha.com/productivity-starts-with-having-a-back-up-plan-in-case-disaster-strikes/
Read 14 tweets

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