[1/🧵] — #XRPL (#XRP) vs. @Ripple #CBDC

A short thread comparing and contrasting the #opensource public #decentralized #XRPLedger with #Ripple's private #CBDC Ledger based on XRPL👇 Source: https://www.youtube.com/@xrpledgerfoundation1145
[2/6] ▶️ What do central bankers expect?

#Interoperability — ILP
#Security, #Trust & #Speed — Unregulated
⚠️ #OverlayServices — Hooks and @EvernodeXRPL
#Access and #Inclusion — XRPL-DEX & AMM
#Stability & #Resilience — 10+ years old (XRPL) Source: https://www.youtube.com/@xrpledgerfoundation1145
[3/6] ▶️ Why does it have to be a private solution?

With proven security & all of the #XRPL Tooling at its disposal, the only thing a CB lacks is "control" of the gov. process.

Gov. on the #XRPL is conducted through amendments and voting, which cannot be controlled centrally. Source: https://www.youtube.com/@xrpledgerfoundation1145
[4/6] ▶️ Why is this good for the public #XRPL?

Having a private #CBDC Ledger allows organizations & governments to innovate quickly & safely while still protecting actual value through mainnet collateralization (federated #XRPL sidechain)

🔵 Increased XRPL valuation over time Source: https://www.youtube.com/@xrpledgerfoundation1145
[5/6] ▶️ How does the #CBDC ecosystem looks like?

1⃣ Issuer — @Ripple's no-code #CBDC Manager
2⃣ Operator — dApps dev. by 3rd-parties (you & me)
3⃣ Wallet — @XummWallet and alike
4⃣ Ledger — #XRPLedger Layer-1 #DLT Source: https://www.youtube.com/@xrpledgerfoundation1145
[6/6] Thank you to everyone who took the time to read my 🧵 about the private #CBDC ledger based on #XRPL! ❤️

If you enjoyed the thread, please follow me:

Please feel free to contribute by sharing here 👇
@WKahneman @digitalassetbuy @Fame21Moore @sentosumosaba @BCBacker @XRPcryptowolf @X__Anderson @stedas @Kevin_Cage_ @AlexCobb_ @bob_way @IOV_OWL 👋
— My most recent piece—which contrasts #Ripple's private CBDC solution w/ the public #XRPL

❤️ Thanks to @XRPLF for the content 🫶

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More from @krippenreiter

Jan 15
[1/🧵] With all of the #XRPBuyback debate going on, there is one aspect that frequently gets misrepresented

▶️ People conflating the terms "#price" and "#value"

Because the definitions differ, it is essential to comprehend the distinctions

Let us evaluate it more closely. 👇🧵 Source: https://block-builders.net/ripple-for-the-first-time
[2/19] To have a better understanding of the subject, we must first define several terms that are crucial to #finance and explain the following in further detail:

🔹 "Price"
🔹 "Cost"
🔹 "Value"
🔹 "Store of Value" (#Bitcoin/#BTC)
🔹 "Internet of Value" (#Ripple) Source: Source: https://www.newsbreak.com/news/2100245153873
[3/19] We will also go through the following scenarios to see whether what we think we are talking about is correct:

1⃣ The chart in reference to the #USD
2⃣ You are about to sell your #property Source: https://elmetbenefits.com/
Read 21 tweets
Jan 7
[1/🧵] Is this you? 🤨

• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years

Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇 Source: https://timestabloid.com/flare-ceo-updates-xrp-holde
[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:

• 12th December 2020, 00:00 UTC
#XRP Ledger index 60,155,580
. . . Source: https://xrpscan.com/ledger/60155580
[3/20] . . .

You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.

→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . . Source: https://xrpscan.com/ledger/64204315
Read 22 tweets
Jan 5
[1/3] ▶️ What did I learn about $FLR?

• The #airdrop will take place on January 9th
• DO NOT FEAR: The first two epochs will be burnt
• Before January 14th, one must wrap and delegate $FLR (Saturday)
. . .
[2/3] . . .

• You must claim and reevaluate your delegations on @FlareNetworks twice a week
• Monday and Thursday are the days to do just that: delegate before the next "lock" and claim your rewards from previous epochs.
. . .
[3/3] . . . ▶️ When used with $SGB (#Songbird)

• Be active on Mondays, Thursdays, and Saturdays (move delegations, claim, and wrap claimed coins)

— OR —

• Be active exclusively on Mondays and Thursdays, with Monday being the day for delegating and claiming on BOTH networks
Read 4 tweets
Jan 3
[1/🧵] #XRPLedger's Green ♻️ Agenda 2030 — Part 2/2

#XRPL, the leading and first prominent #DLT to achieve 💚 carbon neutrality 💚

Part 2 of this series will teach you all you need to know about the #eco-friendliness of #XRP, the digital asset. 🧵👇 Original Source: https://www.xrparcade.com/what-is-xrp/

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
[3/26] 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. 👇

Read 28 tweets
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:
• 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.
. . .
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: 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

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