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Krippenreiter Profile picture
@krippenreiter
Nov 30, 2022 • 11 tweets • 13 min read • Read on X
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1/🧵 Ein kurzer Einblick in @gemwallet_app, die #opensource, "non-custodial" #XRPL Web-#Wallet für das #Web3.0 und "#Ripple XRPL Grants Wave 3" Gewinner Source: https://xrpl.org/blog/2022/gemwallet.html
2/ Ähnlich wie bei MetaMask ist #GemWallet eine "Browser-Extension"-App für den einfachen Umgang im #Web3, jedoch nativ auf dem #XRPL.

Funktionen sind z.B.:
• GemWallet #API (Brücke zwischen Websites und der Browser-Extension)
• Bezahlungen
• #Private/#Pubkey-Generierungen Source: https://gemwallet.app/
3/ 🛠️ Möchte man also per #API (NPM/Node.js oder CDN/Browser) eine Brücke zwischen dem #XRPL und seiner eigenen #Web3-#dApp herstellen, bietet #GemWallet die dafür notwendigen Tools und Werkzeuge.

github.com/GemWallet/gemw…
4/ 😅 Aber was ist überhaupt "#Web3.0"?

Kurz gesagt reden wir von "#Web3", wenn das Fundament des klassischen #Web2 (#WWW) durch #Blockchain-Technologie geupgradet und dezentralisiert wird

Beispiele sind:
• Storage/Hosting: #IPFS /#ICP
• Dezentrale ID / "Login via #Wallet" Source: https://assets.weforum.org/article/image/responsive_
5/ 💡 Showcase / Demo-Transaktion

Florian Bouron zeigt auf seiner #Devnet E-Commerce Test-Webseite, wie der Umgang im #XRPL #Web3-Ökosystem aussehen könnte

Weitere Beispiele könnten Spenden-Webseiten oder zukünftig auch der Handel mit #NFTs sein

6/ 👉 Ablauf einer #Web3 #XRPL Authentifizierung

• Persö. Details veröffentlichen nicht notwendig
• Login mit dem #PublicKey & der Adresse (#Wallet)
• ID / Besitz der Keys beweisen (TX signieren) und Zugangs-Token aka. [J]SON [W]eb [T]oken erhalten.

7/ 👉 Unterstützte Geräte

Derzeit werden nur die auf Chromium basierenden Desktop Browser unterstützt. (Mehr ist jedoch geplant)

✅ Chrome, Brave, Microsoft Edge
❌ Firefox, mobile iOS oder Android Source: https://davescomputertips.com/wp-content/uploads/202
8/ 👉 Privatsphäre des eigenen #XRPL Accounts

Sobald eine Webseite für eine Transaktion die Account-Adresse (+#PubKey) auslesen möchte, muss das Leserecht hierfür vorher erst von einem selbst, via Konfirmations-Dialog, autorisiert werden

Hierfür fragt die Wallet ein Passwort ab Source: https://www.youtube.com/watch?v=20EjOtXnICY
9/ ⚠️ Hinweis ⚠️

Wie bei jeder Wallet, jeder App, jedem #Exchange und auch jeder Software, die die Verwahrung der #Keys übernimmt, muss sichergestellt sein, dass der Code keinen (un-)gewollten Exploit zulässt

Entscheidet daher selbst, ob ihr dem #opensource Code vertraut 😊 Source: https://gemwallet.app/
10/ 👉 Zukunftspläne und Entwicklungen

• #NFT Support
• #XRPL #SmartContracts (aka. Hooks)
• Interoperabilität (aka. [#EVM-]#Sidechains)

/Ende
Folge mir hier: @krippenreiter Source: https://gemwallet.app/
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More from @krippenreiter

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
Krippenreiter Profile picture
Feb 2
[1/🧵] There are people out there who still believe that there are ways to clawback XRP on the XRPL. 🤨

While this is NOT possible & is written all over the official documentation, there is one more argument that should hit the nail on the coffin.

The ULTIMATE reason why 👇 Source: @Krippenreiter
[2/14] — Tokens —

Whenever you hear “clawback”, you should automatically think of “issued assets”.

They are fungible and come in many forms and structures:
🔸 IOUs
🔸 Stablecoins
🔸 Multi-Purpose (later this year)

Anyone can issue these kinds of tokens on the XRP Ledger. Source: https://xrpl.org/docs/use-cases/tokenization/real-world-assets
[3/14] — Structure —

On the XRPL, all currently issued token holdings exist via so-called “trust lines”, i.e. an accounting relationship between a person holding a token & the issuer.

In other words, something to prevent you from holding a token that you don't want. Source: https://xrpl.org/docs/use-cases/tokenization
Read 15 tweets

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