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Dec 27 • 6 tweets • 10 min read
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 1/ As things currently stand, no obvious winner has been elected.

However, the following should be noted:
• The majority of BIS research initiatives allude to a future DLT architecture.
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 2/ . . .

• Prefunding (nostro/vostro) may only be handled by utilizing a decentralized trustless blockchain such as #XRP (used by Ripple), #XDC (used by XinFin/R3), #ETH (used by ConsenSys), or #XLM (used by Stellar)
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 3/ . . .

• In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 4/ . . .

• #XRP, on the other hand, being the most liquid and feature-rich #DLT designed for payments, is an ideal candidate for settling high & low value #payments that will be integrated via the Interledger Protocol [#ILP].
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 5/fin . . .

• With the #AMM (#XLS30d) functionality on the upswing, I see no reason why #XRP shouldn't be the natural choice for payment settlements.

▶️ Obviously, I am not an insider, and my opinions are solely based on my technical knowledge.

... thus I might be mistaken 😅
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple ^
+ resolved
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More from @krippenreiter

Krippenreiter Profile picture
Dec 26
[1/🧵] I've been reading a lot about #XRPL #scalability recently.

Let me quickly go through how #XRPL performs and #scales on these metrics:

▶️ Scale up "vertically"
▶️ Scale out "horizontally"
▶️ High volume & High value TX
▶️ High value & Low speed Source: https://ripple.com/insights/building-a-more-sustaina
[2/17] 👉 Asynchronous TX speed—Scale up "vertically"

In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction order—one Ledger at a time.

🔗 bitcoin.stackexchange.com/questions/7857…
. . .
[3/17] . . .

❓ The approach for #DLT/#Blockchain-based systems such as #XRPL:
☑️ "Payment Channels"

🧐 It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . . Source: https://ripple.com/insights/amendments-ensuring-sens
Read 19 tweets
Krippenreiter Profile picture
Dec 25
@sentosumosaba 1/🧵 I'm not sure if the news is worrisome in any form.
In fact, you are accurate (as always 😉) that the #XRPL will not possess ALL THE MONEY, but it will be #interoperable with and #interconnected to ALL THE MONEY.

Here's some background: 👇
@sentosumosaba 2/ #Partior is built on the private #permissioned #Ethereum-based @ConsenSys #Quorum #blockchain, which contributes to fragmentation rather than consolidation.
. . .
@sentosumosaba @ConsenSys 3/ . . .

For this reason alone, it is far inferior to payment settlement alternatives such as #ILP+#XRPL, which are open and #interoperability friendly. Source: https://consensys.n...
Read 15 tweets
Krippenreiter Profile picture
Dec 24
1/ Simple $SGB / $FLR use-case that does not yet exist and might make use of api-portal.flare.network/apis (No node is required):

1⃣ Build code that keeps track of your pending claim (GET via #API).

2⃣ Allow it to check the #FtsoRewardManager balances as well (GET via #API).
. . .
2/ . . .

3⃣ Send an e-mail or push notification / messenger app / #dApp notification when the balance is too low to claim, and again when it is refilled
3⃣•1⃣ Provide a time estimate for when the smart-contract balance could be empty again
. . .
3/ . . .

4⃣ Send reminders about the expiration date and the time remaining to claim it (GET via #API)

👉 In conclusion:
• Make it more intuitive (#UX) for individuals to comprehend when to be active and when it's a waste of time
. . .
Read 7 tweets
Krippenreiter Profile picture
Dec 19
[1/🧵] @Ripple's Green ♻️ Agenda 2030 — Part 1/2

@Ripple as a significant actor in the achievement of the most critical goal of:
🌱 „Goal 13 Climate Action“

In part 1 of this series, I will break it ALL down for you in regards to #Ripple 🧵👇 Source: https://www.startpage.com/av/proxy-image?piurl=https
[2/33] ⚠️ IMPORTANT NOTICE!

This is typically a heated topic. That is why I will do my best to be neutral, clear, and factual. Expect no guesstimates or personal opinions on this subject.

Everything is stated exactly as it is! Source: https://www.asap.nl/wp-content/uploads/2020/03/Discl
[3/33] Before I get any farther into the intricacies of #Ripple, we must first build the groundwork:

❓ What is the primary goal ❓
The purpose is to combat #climate change by enacting the "Paris Agreement" and meeting the "#UN Sustainable Development Goals [13]." Source: https://www.startpage.com/av/proxy-image?piurl=https
Read 35 tweets
Krippenreiter Profile picture
Dec 17
@bob_way 1/ First and probably most important, I want to express my appreciation.

Talking about #anonymity and #privacy appears to be becoming increasingly frowned upon. Seeing your open and refreshing ideas on the subject definitely helped me open my eyes even further.
. . .
@bob_way 2/ . . .
As you have already indicated, we must first educate people on the distinction between #anonymity and #privacy.

Most individuals do not fully comprehend #cash and the challenges surrounding its "disposal".
. . .
@bob_way 3/ . . .
As you pointed out, we do not have #anonymity when purchasing a beer in a bar, but because the cashier will only print a receipt and will not send any personal informations about my nightly activities back to the government or any other company,
. . .
Read 10 tweets
Krippenreiter Profile picture
Dec 12
[1/7] I was curious why no one had raised this question sooner. 🧐

The reason for this high figure is that additional #XRP were generated out of thin air.

JUST KIDDING! 😉
The reasons are as follows: 🧵👇
[2/7] ❗️ What you're seeing is a "drop".

1 #XRP is represented as 1,000,000 drops in #XRPL terms or technical contexts such as the #rippled #APIs response we received from the reporting server.
[3/7] Think about "drops" in the same manner that you think of #SATs.

It is, in reality, the smallest technical unit utilized for exact measurements.

⚠️ As an example:
1 #Satoshi (#SATs) = 0.00000001 #Bitcoin
1 #Drop (#drop of XRP) = 0.000001 #XRP
Read 8 tweets

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