[1/🧵] Roughly 68% of all nodes have already upgraded to the latest version of the XRP Ledger server software.

However I bet you have no idea about all the new features that have been introduced, right? 🧐

Here's everything you need to know, short & simple. 👇 [2/16] — 1⃣ Background —

Nodes upgrading to the latest rippled version 2.3.0 are not automatically forced to vote "Yeas" on any new amendment.

It's up to each validator in the governance process of the XRP Ledger by voting on proposed amendments that get introduced.

[1/🧵] XRP Ledger Crashcourse for Beginners!

The XRPL ecosystem is very unique from what many newcomers are used to, which begs the question, “WHAT THE HECK IS EVEN GOING ON HERE?”

Here's everything you need to know packed into one single thread. 👇 [2/21] — Outline —
🔸 Who is Who?
🔸 XRP Ledger Consensus Protocol
🔸 XRP the Cryptocurrency
🔸 Servers & UNL
🔸 Ledgers
🔸 Payments
🔸 Tokens
🔸 Decentralized Exchange
🔸 Smart Contracts
🔸 Compliance

[1/🧵] The bull run is here and you're new to XRP and the XRP Ledger and don't know where to start? 🤨

Here's a comprehensive list of websites and the essentials you NEED to know to get started and get the hang of the ecosystem!

Follow me as I go! 👇 [2/23] — Outline —
🔸 Introduction
🔸 The "Core"
🔸 Explorers
🔸 Wallets
🔸 Services
🔸 DeFi

[🧵] Most people lose money to the XRPL-AMM! 😢

The reasons vary, but typical beginner's mistakes are the main reason for drastic (im)permanent losses. (pun intended)

If you are an XRPL-AMM beginner, there are exactly 10 golden rules that I think most people should follow 👇 [2/15] — TL;DR —

If you don't like pretty pictures, but would rather have someone explain the details to you, you can find my video version of this thread here. 👇

[1/🧵] The institutional financial future will be completely on-chain, HOWEVER...

It will be trust-based, gated, and fully compliant with:
🔸 KYC—AML—CTF—APF—OFAC

How do you stay compliant on the decentralized and permissionless XRP Ledger that's neutral to its users? 👇 [2/18] — Regulatory Compliance —

Institutions who want to work with Ripple to use their tech stack must be careful not to get into trouble while using blockchain technology.

For this, Ripple has pledged NOT to:
🔸 Launder money
🔸 Finance terrorism
🔸 Evade sanctions

[1/🧵] Did you know that there is scientific research on the optimal fees for geometric mean market makers (G3M), one of which is the XRPL-AMM?

💡 We are doing it all wrong, and here's everything you need to know to revive the AMM. 👇 [2/20] — Basics —

First of all, among every complaint about the XRPL-AMM, trading fees are something over which we have power.

The voting mechanism of the design passes control to the top eight largest LP-Token holders in each pool, allowing them to regulate trading fees.

[1/🧵] The XRP Ledger is about to level up! 🔥

With all of the proposals, discussions, and development going on right now, here is a thorough, high-level summary of what is in the pipeline 👇 [2/18] — DID —

Status: 🟢 Voting (new bugfix in v2.2.0)

DID is for sharing & controlling your own individual digital identity on the XRPL, while the personal data that your ID links to is held off-chain.

Use Cases:
• Reusable KYC
• Permissioned, regulated, and compliant DEX

[1/🧵] @Ripple announced today that they will introduce a new stablecoin pegged 1:1 to the US dollar.

🔸 Does this imply that XRP is doomed? 🤨

Let's learn together to fully understand the bigger picture. 👇 [2/22] — Outline —

🔸 Ripple News
🔸 Stablecoin Basics
🔸 Key Differences - XRP
🔸 Facts and Figures
🔸 XRPL-AMM
🔸 Summary

[1/🧵] It's always exciting to see @jazzicoop talk about the XRPL and DeFi! 🔥

If you don't have time to see the entire clip, here's a quick summary of what was said. 👇

https://twitter.com/GenzioCo/status/1769815413280444763

[2/13] — Why was @Ripple at @EthereumDenver? —

@RippleXDev is collaborating with @Peersyst to develop a fully EVM-compatible XRPL sidechain

Devs may tap into XRPL's amazing attributes:
🔸 Durability
🔸 Longevity
🔸 Regulatory clarity on the asset (XRP)

[1/🧵] The crypto bullrun has begun, but fraud is on the rise again, so I've curated a list of all the ways you're likely to fall victim to it.

Here's how they'll steal your money in the next cycle. 👇 [2/16] — Advance Fee Fraud —

🔸 A scheme that demands an upfront payment after establishing trust.

One example is a seemingly legitimate loan offered to the victim in exchange for a minor advance payment.

[1/🧵] $XRP Ledger AMM is still not live on the mainnet, and you might be asking:

Why? 🤨

🔸 Why do we care about amendment-blocking?
🔸 Why does updating nodes take so long?
🔸 What is the real issue, & what should we do next?

Allow me to explain what this is all about 👇 [2/17] — 1⃣ The Basics — Why?

Before we go into the details, it's important to understand the basics of why things take so long

Beginning with the fact that amendments represent new features or changes to TX processing

This also holds true when considering simple bug fixes

[1/🧵] New day, new XRPL drama.

Is it time to be concerned? 🤨

Here's my attempt to cut through the noise, highlight some new solutions to known problems, and ensure everyone understands what just went on. [2/17] — 1⃣ Summary —

@sappenin, a @RippleXDev engineer, proposed a very detailed idea on a change in governance for the @XRPLF with exactly three goals in mind. 👇

[🔗] github.com/XRPLF/XRPL-Sta…

[1/🧵] Tomorrow is the day you will finally be able to claim your Evers if you've done everything correctly.

▶️ January 15th 2024 at 2AM EST ◀️

Let's go through some preparations to ensure that the final steps go as smoothly as possible. 👇

https://twitter.com/EvernodeXRPL/status/1745748002835411065

[2/12] — 1⃣ News —

The () account issued the EVR token, so you now may use to set up a trustline to the issuer in addition to the usual "add token" approach via the mobile app (Xaman).xahscan.com/account/rEvern…
xahau.services

[1/🧵] Here comes the sequel to the @EvernodeXRPL token airdrop tutorial — Part 2

You'll learn all you need to know about importing your XRPL account into @XahauNetwork and setting up the Evers trustline correctly.

If you went through the registration, this is a must-read! 👇 [2/15] — Outline —

🔸 Disclaimer
🔸 Basic Overview
🔸 Fundamentals
🔸 Considerations
🔸 Tutorial (step-by-step)
🔸 Next Steps (Part 3)

[1/🧵] Here's the promised ALL-IN-ONE thread on the Evernode $XRP-Holder token airdrop.

We'll go over the essentials & how to claim your "Evers" safely using @XummWallet, even if your address is tied to another wallet like @Ledger.

Buckle up; this is going to be a long one. 👇 [2/20] — Outline —

🔸 Basic Overview
🔸 Fundamentals
🔸 Considerations
🔸 Tutorial (step-by-step)
🔸 Optional Ideas
🔸 What's Next?

[1/🧵] Several days have passed, yet no rippled v2.0.0 has been released.

Let's go over some of the reasons for the little delay to the revised date of November 20, 2023. 👇

https://twitter.com/krippenreiter/status/1723520641683296515

[2/9] — New Issue raised — #4811/#4812

🔸 Fix 2.0 Regression

The issue is an unexpected crash that happens when calling a particular method via an API that now returns a different result than it did previously after changing the API to v2 & unifying the return formats.

[1/🧵] A new major breaking change is on its way to the XRPL ecosystem in the shape of yet another rippled version update.

If all goes as planned, this new version will be available to all node operators by November 13, 2023

Let me introduce you to rippled v2.0.0 👇 [2/16] — High-Level Overview —

Don't be put off by the lingo. I promise to go over everything and simplify it for you later.

Here is what's new:
🔸 New API version (v2)
🔸 TPS performance enhancements
🔸 4 new amendments
🔸 New RPC (method)
🔸 Several bug fixes and refactoring

[1/🧵] The drama around XLS-30 (XRPL-AMM) has reached an all-time high.

But you still have no idea what's going on, don't you?

Here is a compilation of every objective argument I could find that makes current UNL-validators hesitant to vote in favor of XLS-30. 👇 [2/14] — 1⃣ Basics —

If you look at the current vote figures, you may believe they all conspired to vote "no," but that is not the case.

There is no such thing as a "neutral" vote, and all votes are either "no" or "yes" until a specific decision to vote differently is made.

[1/🧵] XRPL: Automated Market Maker (AMM) Q&A — Highlights —

If you're curious about:

🔸 The latest drama in town
🔸 Have just woken up, frustrated about the fact that the space was held at a time when people normally sleep ...

... Then here's a quick & dirty summary 👇

https://twitter.com/Vet_X0/status/1714640634487636282

[2/29] — Little Remark —

I tried to get everything down as accurately as possible, although some of what I wrote may have been misunderstood by me while I listened to the guests speak.

Please pardon any errors, as I welcome you to correct me in the comment section below.

[1/🧵] No one votes in favor of the XRPL-AMM feature. 🤨

It's been about a month since I last discussed some of the probable reasons behind this.

Let us take another look at what happened in the meantime and how far we have come. 👇 [2/12] — 1⃣st Consideration —

🔸 Network State

100% of all current UNL-validators have upgraded to v1.12.0, meaning that the XRPL has been sufficiently updated to not halt as a safeguard if an amendment is put into effect.

Furthermore, >54% of all nodes are up to date. 🔥

[1/🧵] With the publication of rippled version 1.12.0, the AMM (XLS-30) amendment procedure has only recently begun.

Yet, despite this, no one votes in support of the most recent amendments, such as AMM or Clawback. 🤨

The reasons behind this may surprise you. 👇 [2/19] — Network State —

Let's begin by looking at how many nodes have already updated to v1.12.0 and how many of those are part of the recently formed XRP-UNL 👇

🔸 679 Nodes in total
🔸 136 Nodes - v1.12.0 (20%)
🔸 17 UNL-Validators - v1.12.0 (48%)
🔸 Credits: @jonaagenilsen