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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

Apr 8
[1/🧡] Tokenization, Ripple, Hidden Road & XRP!

A lot has happened in the last few days, and I feel like people don't really grasp the magnitude of what this means for the XRP Ledger. 🀨

Let's take a look at some numbers & address the topic from my beloved "1%" perspective. πŸ‘‡ Source: @Krippenreiter
[2/16] β€” 1⃣ Status Quo β€”

The XRP Ledger as it stands now handles around ~100 transactions per ledger.

If we assume a ledger to continuously close and finalize every ~4 seconds, this brings us to ~25 TPS on average. Source: https://xrpscan.com/metrics
[3/16] β€” 2⃣ Status Quo β€”

Besides TPS, there is also TVL and $-Volume that we can measure and take a look at.

TVL:
πŸ”Έ ~52,000,000 USD

24h USD-Volume (CLOB+AMM):
πŸ”Έ ~13,000,000 USD Source: https://metrics.tequ.dev
Read 17 tweets
Mar 29
[1/🧡] Over the last few days, many newcomers have asked me one question, and one question only:

β€œWhat do I need to keep in mind if I want to hold my keys in self-custody on the XRP Ledger?”

My Answer?

β€œIt depends...” and here's why. πŸ‘‡ Source: https://map.xrpl-commons.org
[2/16] β€” 1⃣ Background β€”

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] β€” 2⃣ Background β€”

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 πŸ€—)

πŸ‘‰ "Be your own bank" also has its drawbacks. Source: https://www.listenmoneymatters.com/infinite-banking-concept/
Read 17 tweets
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. πŸ‘‡ Source: https://www.youtube.com/watch?v=sVTybJ3cNyo&t=19s
[2/14] β€” XRP β€”

Digital currency that is secured by cryptography and supported by the XRP Ledger.

Also used for:
πŸ”Έ Transactions
πŸ”Έ Fees
πŸ”Έ Reserves
πŸ”Έ Bridging trades
πŸ”Έ Cross-border (Peer-2-peer) payments Source: https://xrpl.org/docs/introduction/what-is-xrp
[3/14] β€” XRP Ledger β€”

A decentralized blockchain that enables fast and cost-efficient transactions for processing and recording financial data.

Most important feature:
πŸ”Έ There is no single central authority Source: https://xrpl.org/docs/introduction/what-is-the-xrp-ledger
Read 15 tweets
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 πŸ‘‡ Source: @Krippenreiter
[2/15] β€” 1⃣ Fundamentals β€”

What makes the XRP Ledger so great is that "things just work". πŸ˜‰

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] β€” 2⃣ Fundamentals β€”

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
Mar 9
[1/🧡] A paradigm shift for the XRP Ledger is on the horizon ‼️

It's a future that's:
πŸ”Έ Programmable
πŸ”Έ Automated
πŸ”Έ Compliance-first

Let's take a look at some of the fundamental arguments and work out what this will mean for XRP. πŸ‘‡ Source: @Krippenreiter
[2/18] β€” 1⃣ Status Quo β€”

To date, the XRPL is a so-called β€œfixed-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 β€œpermissioned”. πŸ˜‰ Source: https://xrpl.org
[3/18] β€” 2⃣ Status Quo β€”

But there are actually many benefits and advantages that support this approach, e.g.:
πŸ”Έ Battle-tested (i.e. Escrow, Paychannel)
πŸ”Έ Aggregated Liquidity (CLOB+AMM)
πŸ”Έ Automatic Version Upgrades
πŸ”Έ Higher Standards (More Audits and Performance Tests) Source: https://b2prime.com/mu/news/what-is-liquidity-aggregation-and-how-it-works/
Read 19 tweets
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 β€œjust” an inheritance solution.

Let me show you what I mean. πŸ‘‡ Source: https://dailycoin.com/crypto-inheritance-what-happens-to-cryptocurrency-if-i-die/
[2/10] β€” 1⃣ What's the matter? β€”

The way I see it, there are some hidden aspects that make this really powerful and a true β€œPlan 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] β€” 2⃣ What's the matter? β€”

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. πŸ‘‡ Source: https://workalpha.com/productivity-starts-with-having-a-back-up-plan-in-case-disaster-strikes/
Read 14 tweets

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