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May 24 β€’ 13 tweets β€’ 11 min read Twitter logo Read on Twitter
[1/🧡] #THREAD β€” A (very brief) summary of what will change on the #XRPLedger as a result of these amendments (if passed). πŸ‘‡

#XRPLCommunity #xrpthestandard #xrpholders #XRPArmy #XRPCommunity #XRPL #XRP #Ripple
[2/12] β€” #DisallowIncoming β€”

ℹ️ Adds 4 additional "settings" (flags) to the #XRPL to better granularly manage the permissions specified on your account.

More Details πŸ‘‡ Source:
[3/12] β€” #fixNonFungibleTokensV1_2 β€”

ℹ️ Several bug fixes across the board for #XRPL #NFTs (#NFToken Object).

More Details πŸ‘‡ Source:
[4/12] β€” #fixTrustLinesToSelf β€”

ℹ️ Deletes exactly 2 #XRPL trust lines with very specific IDs that exist solely due to an old bug from 2013, and then does nothing else afterwards.

More Details πŸ‘‡ Source:
[5/12] β€” #fixUniversalNumber β€”

ℹ️ Simplifies and unifies specific math-related code to provide somewhat higher accuracy in exact calculations.

More Details πŸ‘‡ Source:
[6/12] β€” #ImmediateOfferKilled β€”

ℹ️ Changes the so-called "OfferCreate" #XRPL transactions so that when no funds were really moved while canceling the "Offer," the outcome should not be "success," but rather "killed."

More Details πŸ‘‡ Source:
[7/12] β€” #XRPFees β€”

ℹ️ Transaction cost calculations will be simplified since "fee units" will be replaced withΒ #XRP drops, removing the requirement to convert the results of those "fee units" to XRP first when computing XRP fees.

More Details πŸ‘‡ Source:
[8/12] β€” #CryptoConditionsSuite β€”

ℹ️ Deprecated amendment with abandoned code that you should not vote for.

More Details πŸ‘‡ Source:
[9/12] β€” 1⃣ #Summary / TL;DR β€”

Very straight-forward amendments that I don't see any problems w/, & I anticipate them to be approved on the #XRPLedger in the foreseeable future. Source:
[10/12] β€” 2⃣ #Summary / TL;DR β€”

Nonetheless, I would vote "Nay" for the time being since a ton of servers would get amendment-blocked. Source:
[11/12] β€” Servers that run on old #rippled code β€”

Your server must run at least v1.10.0 to avoid being amendment-blocked very soon.

❗️ Over 200 nodes and 15 validator servers will be impacted ❗️ Source:
[12/12] This should provide you with a high-level summary of the few changes planned to the #XRPL, which will mostly cover and improve performance concerns.

Please follow me here:

Feel free to contribute by sharing here: πŸ₯°πŸ‘‡

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More from @krippenreiter

May 22
Absolutely eye-opening talk about the intricate nature of things #Evernode, #Hooks, #SmartContracts, and #Codius from the folks who REALLY understand it.

I also really liked how @xrpl365 arranged the "lecture" since he clearly knew what questions needed to be answered. πŸ’ͺ
I'd also want to mention that @ShortTheFOMO was able to wonderfully clarify his opinions on certain questions I had in the back of my mind.

Seeing Hooks, XRPL, and Evernode in a way that connects to the "simple foundation" that is XRPL helped me understand it. Thanks! ☺️
It was also amusing to me to hear @xrpl365 state out loud what I was thinking about "immutability" while thinking about altering the smart contract as you can on, say, Casper.

Evernode, or more specifically, the Hotpocked dApp, allows you to choose your design:
. . .
Read 5 tweets
May 21
[1/🧡] You've heard of @XummWallet but aren't sure if you can #trust its #security?

You'll learn about @cossacklabs' most recent security assessment and why the #XUMM #wallet strives to maintain the highest security standards.

Follow along in this "all-in-one security 🧡" πŸ‘‡ Source:
[2/24] β€” Outline β€”
πŸ”Έ Basic Introduction
πŸ”Έ Hot #Wallet Fundamentals
πŸ”Έ #XUMM Wallet Security
πŸ”Έ #Security Audit (18.05.2023)
πŸ”Έ XUMM @Tangem Cards
πŸ”Έ #Tangem Card Facts Source: https://www.gagan.p...
[3/24] β€” Basic Introduction β€”

After hearing the news of #Ledger willingly integrating a πŸ”‘-extraction mechanism into their FW if opted-in, I decided it was time to review #XUMM + @Tangem

This 🧡 is not sponsored in any way, & all of my praise comes from the bottom of my ❀️ Source: https://www.ledger....
Read 25 tweets
May 6
[1/🧡] Ah, #XRPL, the #blockchain of choice for tech-savvy investors looking to make a quick buck in the world of #Web3 domains.

Why bother with @ICANN when you can just get an NFT? Isn't it practically the same?

WRONG! πŸ§΅πŸ‘‡ Source: https://web3domains...
[2/22] β€” Outline β€”
πŸ”Έ Fundamentals and Definitions
πŸ”Έ #Web2 vs. #Web3
πŸ”Έ "Domain" Projects
πŸ”Έ @fynbosdev and #ILP
πŸ”Έ A Better Approach (#XRPL)
πŸ”Έ Standardization Source: https://www.gagan.p...
[3/22] β€” 1⃣ Fundamentals β€” Domain β€”

#Domains are #namespaces that are used for coupling #IP-addresses to human-readable names for ease of use.

They are also organized in a hierarchical structure for governance purposes. Source: https://www.compute...
Read 23 tweets
Apr 30
⚠️ A browser extension is always a double-edged sword.

In general, there isn't much to disagree with in what @panosmek has written in this fantastic thread, but here are few additional thoughts:

πŸ§΅πŸ‘‡ [1/13]
[2/13] Browser extensions in and of themselves can easily be the source of #exploits.

So, rather than securing your #browser session, increasing your #privacy, or acting as a warning tool before signing transactions, it may turn out to be your worst enemy.
[3/13] β€” Attack Vectors β€”

🧐 There are merely two malicious concepts that will be exploited by #hackers to harm you while using #browser extensions:

πŸ”Έ Supply-Chain attack
πŸ”Έ Man-in-the-middle attack
Read 14 tweets
Apr 24
[1/🧡] An easy step-by-step guide for utilizing a #Ledger hardware wallet to configure @BifrostWallet as an #autoclaim executor on the #Songbird (#SGB) network.

To learn more, keep on reading and complete the steps. (πŸ˜… Warning: paranoia ahead.) πŸ§΅πŸ‘‡ Source: https://docs.flare....
[2/20] β€” What is the primary goal? β€”

The basic purpose of an executor address is to claim rewards on your behalf in order to save time, max. compound interest, & reduce unwanted exposure of a cold wallet.

Executors will then use auto. claiming to route rewards to your acc. πŸ‘ Source: https://docs.flare....
[3/20] β€” 1⃣ Is it safe to assign the task to an executor? β€”

The executor cannot claim to any address other than the one provided by the user, therefore automatic claiming is secure. πŸ’ͺ
. . .
Read 21 tweets
Apr 16
[1/🧡] β€” #DCMA / #Unicoin / #UMU & the future of #Crypto & #CBDC β€”

Let's look through the website and conduct some research before leaping to conclusions. 🧐

πŸ”Έ Did the #IMF make any comments regarding #DCMA?
πŸ”Έ Will this be the end of #XRP?

Let's find out in this πŸ§΅πŸ‘‡ Source:
[2/16] The Digital Currency Monetary Authority is making moves and expanding its reach through Twitter with its Unicoin network and #UMU, the native Unicoin.

ℹ️ Who are they and what do they offer? Source:
[3/16] β€” ℹ️ β€” 1⃣ #DCMA & #Unicoin β€”
πŸ”Έ Founder working on Unicoin since 2013, yet LinkedIn says 2018
πŸ”Έ Just 2 employees
πŸ”Έ They refer to themselves as a business, yet there is no registered corporate structure Source: https://unicoinnetw...Source: https://www.linkedi...Source: https://www.linkedi...
Read 17 tweets

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