Krippenreiter Profile picture
Jan 3 β€’ 28 tweets β€’ 35 min read
[1/🧡] #XRPLedger's Green ♻️ Agenda 2030 β€” Part 2/2

#XRPL, the leading and first prominent #DLT to achieve πŸ’š carbon neutrality πŸ’š

Part 2 of this series will teach you all you need to know about the #eco-friendliness of #XRP, the digital asset. πŸ§΅πŸ‘‡ Original Source:

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:
[3/26] If you haven't already, I highly recommend reading part 1 of this lengthy series to get a feeling of the magnitude of the undertaking that @Ripple is leading in this domain with the help of the #XRPL. πŸ‘‡

[4/26] πŸ“— To cover everything, we shall go through the following:

β€’ Why #Blockchain? (introduction)
β€’ Who is utilizing the #XRPL, why, and how?
β€’ Why will all #carbon markets be based on #NFTs?
β€’ #Eco-impact assessment (comparison)
β€’ Summary & Viewpoints of thought leaders Source:
[5/26] πŸ‘‰ Introductionβ€”Why does it have to be #Blockchain?
[6/26] πŸ‘‰ Who is utilizing the #XRPL, why, and how?

β€’ @thallo_io (carbon credit marketplace)
β€’ @Carbon_Title (real estate industry)
β€’ @CarbonCure Technologies (concrete manufacturing process)
β€’ @Xange_com (market infrastructure) Source:
[7/26] 1⃣ β€” @thallo_io β€”

❓ Why?
#Thallo addresses today's carbon market's #liquidity and opaque pricing #data issues, making it simpler for buyers and sellers of high-quality #carbon #credits to connect.…
. . .
[8/26] . . .

❓ How?
#Thallo uses #Ripple's business readiness and carbon neutral #XRPL's resiliency to democratize access to verified #carbon credits for both institutional and individual investors by building a marketplace for this sector. Source:
[9/26] 2⃣ β€” @Carbon_Title β€”

❓ Why?
Building construction accounts for ~10% of all worldwide #greenhouse gas #emissions. Lighting, heating & cooling buildings provide an extra 28% of #emissions.…
. . .
[10/26] . . .

❓ How?
#CarbonTitle is a transparent, and cost-effective solution to offset the #climate impact of buildings by leveraging #XRPL to validate #carbon neutrality claims and enforce #traceability. Source:
[11/26] 3⃣ β€” @CarbonCure β€”

❓ Why?
Reduce expenses and enhance company operations with a proven technique that decreases cement content and makes it more #sustainable by lowering its #carbon footprint.…
. . .
[12/26] . . .

❓ How?
Recycled #CO2 is mixed into new concrete. Once injected, the #CO2 undergoes #mineralization and becomes permanently embedded, while #carbon #credits are issued as #tokens on the #XRPL in exchange for this #sustainable concrete. Source:
[13/26] 4⃣ β€” @Xange_com β€”

❓ Why?
To meet #climate demands, the sector must evolve its current infrastructure and verification techniques.…
. . .
[14/26] . . .

❓ How?
#Xange can reduce fraud and offer a clear #framework and audit trail for other #carbon trading enterprises to emulate by leveraging the #XRPL. Source:
[15/26] 🀨 @invert_wrld (app) and @Newlight are close partners of @Ripple, although they don't appear to be using the #XRPL yet.

@Newlight is actively leveraging #IBM #blockchain technology, though, as they constructed "Eagle 3," the world's first system to produce #AirCarbon. Source:
[16/26] πŸ‘‰ Why will all #carbon #credit markets be based on #NFTs?

❗️ In contrast to #fungible #tokens, which are non-unique and divisible and are used to store value, #NFTs are non-replicable and are usually used to store #data.
. . . Source:
[17/26] . . .

#CO2-credit #NFTs must be unique, have an individual value depending on #carbon reduction, and verify that #credits have not (or have)Β been sold to numerous customers, allowing the credits to be traced back to the source and thus increasing #transparency.
. . . Source:
[18/26] . . .

In the process of "#MRV", the objective is to eliminate "double counting" and trace the whole lifespan of a tonne of #carbon.

❗️ It is all about effectively gathering #data, storing it in an #immutable manner, and making it available to the buyer.
. . . Source:
[19/26] . . .

🧐 To achieve all of the requirements, the tool of choice must be able to store #metadata such as project origin, region, and methodology used.

Furthermore, not all #NFT #credits are created equal and should thus be valued differently based on "quality."
. . . Source:
[20/26] . . .

😎 #Carbon credits can thus only be implemented as #NFTs since they must display each & every #credit that was created (#mint), the properties of that #credit (#metadata), who sold it (#trace), & when it was retired (#burn). Source:
[21/26] πŸ‘‰ #Eco-impact assessment (comparison)

* pre-#ETH 2.0-merge paper outlining the math underpinning all data displayed

πŸ”—[*]… Source:
[22/26] πŸ‘‰ Summary & Viewpoints of thought leaders

Wherever you look, the future of #blockchain appears to be ♻️, not just for #XRPL but for practically all #DLTs.

Knowing that the objective is to be #CO2-neutral by 2040/50 keeps it exciting.

. . .
[23/26] . . .

@MonicaLongSF explains why #tokenizing #carbon #credits is the only path forward. πŸ‘‡

🧐 She also acknowledges @invert_wrld and @CarbonlandDAO for using the #XRPL

. . .
[24/26] . . .

I came upon this #tweet from @JoelKatz and wanted to respond because he had been waiting for it for over a year.πŸ˜‰

[25/26] πŸ‘‰ Last but not least

βœ… #NFTs will be around for a long time
βœ… They will have a significant influence on how the #carbon #credit #market operates in the future
βœ… #Transparency is essential, and it is not the adversary Source:
[26/26] Thank you to everyone who took the time to read this lengthy topic ❀️

If you enjoyed the thread, please follow me:

Please feel free to contribute by sharing here πŸ‘‡
@WKahneman @digitalassetbuy @Fame21Moore @sentosumosaba @BCBacker @XRPcryptowolf @X__Anderson @stedas @Kevin_Cage_ @AlexCobb_ @BiasGoose πŸ‘‹
β€” My most recent article [Part 2/2 🧡] on #XRPLedger's green technology, insights, and use cases centered on carbon credit #NFTs β€”

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Krippenreiter

Krippenreiter Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @krippenreiter

Dec 27, 2022
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 1/ As things currently stand, no obvious winner has been elected.

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

β€’ 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/ . . .

β€’ In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
Read 6 tweets
Dec 26, 2022
[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:
[2/17] πŸ‘‰ Asynchronous TX speedβ€”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 orderβ€”one Ledger at a time.

. . .
[3/17] . . .

❓ The approach for #DLT/#Blockchain-based systems such as #XRPL:
β˜‘οΈ "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:
Read 19 tweets
Dec 25, 2022
@sentosumosaba 1/🧡 I'm not sure if the news is worrisome in any form.
In fact, you are accurate (as always πŸ˜‰) 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: πŸ‘‡
@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
Dec 24, 2022
1/ Simple $SGB / $FLR use-case that does not yet exist and might make use of (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)

πŸ‘‰ In conclusion:
β€’ Make it more intuitive (#UX) for individuals to comprehend when to be active and when it's a waste of time
. . .
Read 7 tweets
Dec 19, 2022
[1/🧡] @Ripple's Green ♻️ Agenda 2030 β€” Part 1/2

@Ripple as a significant actor in the achievement of the most critical goal of:
🌱 β€žGoal 13 Climate Actionβ€œ

In part 1 of this series, I will break it ALL down for you in regards to #Ripple πŸ§΅πŸ‘‡ Source:

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:
[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:
Read 35 tweets
Dec 17, 2022
@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

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!


0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy


3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!