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Krippenreiter Profile picture
@krippenreiter
Nov 24, 2022 • 7 tweets • 8 min read • Read on X
[1/6] Vor einer Woche hat @NFAdotcrypto seinen Song veröffentlicht & stellt folgende Thesen auf:

• #XRP war kein ICO
• 3 Devs haben #XRPL kreiert, bevor @Ripple gegründet wurde
• #Ripple kontrolliert 4% der Nodes
• Der #Escrow Zeitplan ist einsehbar

#FACTCHECK 🧵
[2/6] 👉 #XRP wurde nicht als ICO herausgegeben
✅ Richtig!

Nachdem im Juni 2012 die Entwicklung des Codes durch @JoelKatz, @JedMcCaleb und @ahbritto vervollständigt wurde, wurden 80% der 100 Milliarden "pre-mined" #XRP verschenkt.

xrpl.org/history.html
[3/6] 👉 #XRP wurde kreiert, bevor #Ripple gegründet wurde
✅ Richtig!

💡 Der Gründungsweg:
NewCoin, Inc (2012) → OpenCoin, Inc (2012) → Ripple Labs, Inc. (Rebranded / 2013)

🛠️ Der erste Github commit für "#rippled" von Jed und später von David 👇
(Man beachte das Datum 😉) Jedmccaleb first commit Sou...JoelKatz first commit Sourc...
[4/6] 👉 #Ripple kontrolliert 4% der Nodes
❌ Falsch!

Die Zahlen schwanken natürlich, aber Stand heute (24.11.2022-21:13:00 Uhr) sind 113 Validator-Nodes online, wovon 35 Teil der "vl[.]ripple[.]com" dUNL sind.

2 davon mit der Domain "ripple[.]com"
➡️ 2 / 35 * 100 = ~5,7% ❗️ Validator Nodes Source: htt...
[5/6] 👉 Der #Escrow Zeitplan für die Herausgabe der #XRP ist öffentlich einsehbar
✅ Richtig!

Wenn eine Escrow erstellt wird, ist diese als "Escrow creation" TX-Typ einsehbar. Man weiß somit, wer die Quelle & wer das Ziel ist & wann die Ausschüttung zeitlich geplant ist.
. . . Source: https://bithomp.com...Escrow Wallets Source: http...
[6/6] . . .
Weiterhin sind alle Escrow #Wallets von #Ripple veröffentlicht & bekannt. Diese protokollieren auf dem #XRPLedger nachvollziehbar & transparent die Ein- & Ausgänge der #XRP in die jeweiligen Escrow Konten nach Ablauf der festgelegten Zeiten.

xrparcade.com/escrow/
Banger 🔥 reference:
(Ohrwurmgefahr 😉)

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More from @krippenreiter

Krippenreiter Profile picture
May 22
[1/🧵] Bonjour 🇪🇺 and Bom dia 🇧🇷!

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. 👇 Source: @Krippenreiter
[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) Source: https://schuman.io/europ/
[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 Source: https://brazabank.com.br/conteudo/usdb-stablecoin-braza/
Read 15 tweets
Krippenreiter Profile picture
May 10
[1/🧵] There are alot of usecases for on-chain verifiable credentials. 🧐

Most of them are far more powerful than you can imagine.

(long read ahead of you) 👇 Source: https://ec.europa.eu/digital-building-blocks/sites/display/EBSI/EBSI+Verifiable+Credentials
[2/16] — Digital ID & Authentication Council of Canada (DIACC) — Source: https://diacc.ca/wp-content/uploads/2023/05/Perspectives-on-the-Adoption-of-Verifiable-Credentials-1.pdf
[3/16] — European Blockchain Services Infrastructure (EBSI) — Source: https://ec.europa.eu/digital-building-blocks/sites/display/EBSI/Spain+plans+to+use+W3C+Verifiable+Credentials+to+protect+minors+online
Read 17 tweets
Krippenreiter Profile picture
May 3
[1/🧵] There's a new site from @Satish_nl that you should definitely check out! 🧐

It's @xpert_page and from what I've seen so far, it's a mix of a "mini-CV" + donation functionality via XRPL and XAHL for your online (project-) presence. 😀

Let's take a look at what's inside 👇 Source: https://x.com/xpert_page/header_photo
[2/9] — Featured Creators —

It's all brand new, so there're only a few personal pages & project pages active right now.

Later the idea is to have a complete XRPL & XAHL-based project directory that you can browse through & donate to if you want to support the guys behind it 🔥 Source: https://xpert.page/#features
[3/9] — 1⃣ First Steps —

The moment I logged in with my gmail account and paid the simple price of 20 XRP that's valid for 5 years I had to set a profile pic, a banner and create a bio. Source: https://xpert.page/pro/profile
Read 10 tweets
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

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