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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
Sep 16
[1/🧵] Crashcourse XRP Ledger Permissioned DEX!

With the introduction of credentials, permissioned domains and permissioned DEXs the XRPL will evolve into a completely new type of beast!

No tech depth ahead, just the basics. 👇 Source: @krippenreiter
[2/21] — The Identity Tech Stack —

For pDEXs to exist and work as intended, three different features need to be active on the XRP Ledger:

🔸 (optional) DID ✅
🔸 Credentials ✅
🔸 Permissioned Domains ⏸️
🔸 Permissioned DEX ⏸️ Source: @krippenreiter
[3/21] — 1⃣ TL;DR —

The TL;DR is that pDomains are restricted environments on the XRPL that let users with permission use certain functions within the domain, like a DEX, in case the user owns the correct credentials. 🧐

Too much jargon, I know. 😅 Source: https://xrpl.org/docs/concepts/tokens/decentralized-exchange/permissioned-dexes#key-roles-in-a-permissioned-dex
Read 22 tweets
Krippenreiter Profile picture
Sep 12
[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. 👇 Source: https://finematics.com/lending-and-borrowing-in-defi-explained/
[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 Source: https://chain.link/education-hub/decentralized-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. Source: https://www.investopedia.com/terms/i/interest.asp
Read 15 tweets
Krippenreiter Profile picture
Sep 8
[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. 👇🧵 Source: https://xrplfirewall.com
[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 👇 Source: https://jdstaerk.substack.com/p/we-just-found-malicious-code-in-the
[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. Source: https://jdstaerk.substack.com/p/we-just-found-malicious-code-in-the
Read 14 tweets
Krippenreiter Profile picture
Jul 26
[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" Source: @krippenreiter
[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. 👍 Source: https://app.moremarkets.xyz
Read 15 tweets
Krippenreiter Profile picture
Jul 7
[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. 👇 Source: https://www.youtube.com/watch?v=UzbHAbBtLXQ
[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. Source: https://www.youtube.com/watch?v=UzbHAbBtLXQ
[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. Source: https://www.youtube.com/watch?v=UzbHAbBtLXQ
Read 16 tweets
Krippenreiter Profile picture
Jun 30
[1/🧵] XRP Ledger ✖ Axelar ✖ XRPL EVM Sidechain ✖ Squid ‼️

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 👇 Source: https://axelarscan.io
[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. Source: https://axelarscan.io
[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) Source: @squidrouter
Read 21 tweets

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