Krippenreiter Profile picture
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

Apr 5
[1/🧵] @Ripple announced today that they will introduce a new stablecoin pegged 1:1 to the US dollar.

🔸 Does this imply that XRP is doomed? 🤨

Let's learn together to fully understand the bigger picture. 👇 Source: @krippenreiter
[2/22] — Outline —

🔸 Ripple News
🔸 Stablecoin Basics
🔸 Key Differences - XRP
🔸 Facts and Figures
🔸 XRPL-AMM
🔸 Summary Source: https://www.gagan.pl/crypto/xrpl-funkcja-sprawdzania-na-horyzoncie/
[3/22] — 1⃣ Ripple News —

Ripple has announced plans to launch an enterprise-grade, compliant, multichain-compatible, 100%-backed USD stablecoin, marking a significant milestone in their expansion into new verticals.

Runs on...
🔸 XRPLedger
🔸 Ethereum

Read 23 tweets
Mar 21
[1/🧵] It's always exciting to see @jazzicoop talk about the XRPL and DeFi! 🔥

If you don't have time to see the entire clip, here's a quick summary of what was said. 👇
[2/13] — Why was @Ripple at @EthereumDenver? —

@RippleXDev is collaborating with @Peersyst to develop a fully EVM-compatible XRPL sidechain

Devs may tap into XRPL's amazing attributes:
🔸 Durability
🔸 Longevity
🔸 Regulatory clarity on the asset (XRP) Source: https://bridge.devnet.xrpl.org/
[3/13] — Biggest misconceptions about XRPL —

Myths:
❌ Closed Source
❌ No Public Development
❌ Can't build things on XRPL

Reality:
✅ Open Source
✅ No SCs, but "primitives" to build on
✅ NFTs, fungible Tokens, Layer1 DEX
✅ Accessible via API callsSource: https://xrpl.org/docs/references/client-libraries/
Read 14 tweets
Mar 14
[1/🧵] The crypto bullrun has begun, but fraud is on the rise again, so I've curated a list of all the ways you're likely to fall victim to it.

Here's how they'll steal your money in the next cycle. 👇 Source: @krippenreiter
[2/16] — Advance Fee Fraud —

🔸 A scheme that demands an upfront payment after establishing trust.

One example is a seemingly legitimate loan offered to the victim in exchange for a minor advance payment. Source: https://www.financestrategists.com/uploads/How_Advance_Fee_Fraud_Schemes_Operate.png
[3/16] — Affinity Fraud —

🔸 Fraud that targets certain groups by offering an investment opportunity within the community to legitimate it.

Is your most beloved influencer promoting a new fancy meme coin? 🤨

He is probably a victim of affinity fraud and lures you in. Source: https://www.financestrategists.com/wealth-management/investments/affinity-fraud/
Read 17 tweets
Mar 3
[1/🧵] $XRP Ledger AMM is still not live on the mainnet, and you might be asking:

Why? 🤨

🔸 Why do we care about amendment-blocking?
🔸 Why does updating nodes take so long?
🔸 What is the real issue, & what should we do next?

Allow me to explain what this is all about 👇Source: @krippenreiter
[2/17] — 1⃣ The Basics — Why?

Before we go into the details, it's important to understand the basics of why things take so long

Beginning with the fact that amendments represent new features or changes to TX processing

This also holds true when considering simple bug fixes Source: https://xrpl.org/resources/contribute-code/#amendment-implementation
[3/17] — 2⃣ The Basics — When?

New amendments, such as the AMM, are regularly proposed w/ new server software versions, which we track w/ each "rippled" release.

So when we talk about upgrading nodes and versions, keep in mind which amendments were introduced w/ what version. Source: https://github.com/XRPLF/rippled/releases
Read 18 tweets
Jan 28
[1/🧵] New day, new XRPL drama.

Is it time to be concerned? 🤨

Here's my attempt to cut through the noise, highlight some new solutions to known problems, and ensure everyone understands what just went on. Source: @Krippenreiter
[2/17] — 1⃣ Summary —

@sappenin, a @RippleXDev engineer, proposed a very detailed idea on a change in governance for the @XRPLF with exactly three goals in mind. 👇

[🔗] github.com/XRPLF/XRPL-Sta…
Source: https://github.com/XRPLF/XRPL-Standards/discussions/171
[3/17] — 2⃣ Summary —

Despite David's explicit statement that he posted this idea as a member of the XRPL community, others are implying otherwise.

This led to the following post, which aimed to address any concerns and commonly asked questions:

[🔗] sappenin.substack.com/p/why-we-shoul…
Source: https://sappenin.substack.com/p/why-we-should-have-a-member-governed
Read 18 tweets
Jan 14
[1/🧵] Tomorrow is the day you will finally be able to claim your Evers if you've done everything correctly.

▶️ January 15th 2024 at 2AM EST ◀️

Let's go through some preparations to ensure that the final steps go as smoothly as possible. 👇
[2/12] — 1⃣ News —

The () account issued the EVR token, so you now may use to set up a trustline to the issuer in addition to the usual "add token" approach via the mobile app (Xaman).xahscan.com/account/rEvern…
xahau.services
[3/12] — 2⃣ News —

The @EvernodeXRPL team set up everything so that it all goes live on January 15th at 2AM EST. 👇 Source: https://evernode.org/evernode-set-for-launch/
Read 13 tweets

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