Krippenreiter Profile picture
Feb 11, 2023 β€’ 11 tweets β€’ 9 min read β€’ Read on X
[1/🧡] A brief #thread on how to properly download and verify your newest #IOTA #Firefly Windows version. πŸ˜‰ Source: https://block-builders.de/iota-wallet-firefly-jetzt-
[2/10] You might be wondering why @iota doesn't allow you to download & upgrade the version via the client.

To be honest, this would definitely improve usability (#UX), but it would also need the user to trust the DL content.

That is precisely what we do not want with #crypto. Source: https://firefly.iota.org/
[3/10] Who knows whether the network path from #github to your PC wasn't intercepted and a man in the middle (#MITM) replaced your downloaded program with a slightly different one.

To ensure that the program you are installing is the one meant for you, verify the #hashes. πŸ‘€ Source: https://dev.to/pixiumdigital/cyber-security-introduc
[4/10] Before we get into the technicalities, let me demonstrate & prove to you that altering just a small portion of whatever you're hashing results in an entirely different hash

1⃣ β€” A notepad file beginning with the letter "a"
2⃣ β€” A notepad file beginning with the letter "b" a.txtb.txt
[5/10] The same is true for any other program, including the #firefly desktop wallet.

So, to be absolutely certain that nothing has changed, we must manually (I know, it's a pain) compare the #hash that we produced ourselves to the one that was given to the public.

#LFG πŸ€“ Source: https://se-you.tistory.com/11
[6/10] Step 1⃣ β€” Download the software

First, we download the latest application from #github as normal.

For this, we examine the release candidates that have been publicly *cough* released. πŸ˜…

github.com/iotaledger/fir… Firefly Desktop 1.7.1 Latest
[7/10] Step 2⃣ β€” Open CMD.exe

Next, we launch #cmd.exe (without administrative privileges) and enter the following:

▢️ cd %userprofile%\Downloads

(We are now inside the folder containing the #IOTA #Firefly wallet software.) cd %userprofile%\Downloads
[8/10] Step 3⃣ β€” Generate a SHA256 hash

To accomplish so, enter the following command after accessing your "Downloads" folder:

▢️ certutil -hashfile "firefly-desktop-1.7.1.exe" SHA256 Eingabeaufforderung
[9/10] Step 4⃣ β€” Compare the hashes

We're almost there! πŸ˜…

The next step is to compare the #SHA256 hash we generated with the one the @iota Foundation published on #github to determine whether or not our download was tampered with. File Hashes  How to verify the authenticity of your Firefly
[10/10] That seems good to me! πŸ₯³

If you don't believe me and want the official guide and walk-through, here it is:
wiki.iota.org/introduction/h…

That's all! If you appreciated it and learned something from it, please add your name to my list of followers: @krippenreiter 🍻

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More from @krippenreiter

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. πŸ‘‡ Source: https://finematics.com/lending-and-borrowing-in-defi-explained/
[2/14] β€” 1⃣ Money Markets β€”

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:

πŸ”Έ Money Markets Source: https://chain.link/education-hub/decentralized-money-markets
[3/14] β€” 2⃣ Money Markets β€”

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
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. πŸ‘‡πŸ§΅ Source: https://xrplfirewall.com
[2/13] β€” 1⃣ First things first β€”

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 πŸ‘‡ Source: https://jdstaerk.substack.com/p/we-just-found-malicious-code-in-the
[3/13] β€” 2⃣ First things first β€”

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
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? πŸ‘‡
[2/14] β€” 1⃣ First things first β€”

πŸ‘‰ 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] β€” 2⃣ First things first β€”

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. πŸ‘ Source: https://app.moremarkets.xyz
Read 15 tweets
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. πŸ‘‡ Source: https://www.youtube.com/watch?v=UzbHAbBtLXQ
[2/15] β€” 1⃣ Key-Challenges β€”

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] β€” 2⃣ Key-Challenges β€”

Institutions also expect their on-chain operations, aka transactions, to be highly customizable and controllable because of factors like internal risk management.

πŸ‘‰ They expect the XRPL to be programmable for their dedicated policies. Source: https://www.youtube.com/watch?v=UzbHAbBtLXQ
Read 16 tweets
Jun 30
[1/🧡] XRP Ledger βœ– Axelar βœ– XRPL EVM Sidechain βœ– 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 πŸ‘‡ Source: https://axelarscan.io
[2/20] β€” 1⃣ Overview β€”

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).

πŸ‘‰ All via the XRPLEVM sidechain, Axelar and @squidrouter. Source: https://axelarscan.io
[3/20] β€” 2⃣ Overview β€”

What does this mean in practice? 🧐
πŸ”Έ New tokens on the XRPL DEX (bridged by @axelar)
πŸ”Έ Literal (and easy) any-to-any swaps (via Squid)
πŸ”Έ Liquidity from the entire web3 ecosystem (via CORAL)
πŸ”Έ Bridged XRP accessible on 80+ chains (through XRPLEVM) Source: @squidrouter
Read 21 tweets
May 22
[1/🧡] Bonjour πŸ‡ͺπŸ‡Ί and Bom dia πŸ‡§πŸ‡·!

Two new stablecoins just launched on the XRP Ledger:
πŸ”Έ EURØP (EUR-backed by Schuman Financial)
πŸ”Έ USDB (USD-backed by Braza Group)

A quick peek behind the curtain. πŸ‘‡ Source: @Krippenreiter
[2/14] β€” πŸ‡ͺπŸ‡Ί Overview β€”

EURØP βœ– Schuman Financial
πŸ”Έ MiCA-compliant regulated e-money token
πŸ”Έ Fully backed by €-denominated assets
πŸ”Έ Held in segregated accounts, separate from their corporate accounts
πŸ”Έ Supervised by AutoritΓ© de ContrΓ΄le Prudentiel et de RΓ©solution (ACPR) Source: https://schuman.io/europ/
[3/14] β€” πŸ‡§πŸ‡· Overview β€”

USDB βœ– Braza Group
πŸ”Έ Expected to be MiCA regulated in 2025
πŸ”Έ Fully backed by $-denominated assets
πŸ”Έ Reserves held by Braza Bank Banco de CΓ’mbio S.A.
πŸ”Έ A bank licensed and regulated by the Brazilian Central Bank Source: https://brazabank.com.br/conteudo/usdb-stablecoin-braza/
Read 15 tweets

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