More ILP news


An article about ILP posted on American Express's website. It could mean nothing. But I won't be surprised if AE turned out to be using ILP for real since there's already rumor about it.

 https://www.americanexpress.com/us/content/foreign-exchange/articles/international-payments-hyperledger-interledger/

everis (NTT Data) confirm their adoption of ILP as the Hyperledger Quilt Project

http://insights.everis.co.uk/post/102eihg/everis-ntt-data-confirm-their-adoption-of-ilp-as-the-hyperledger-quilt-project

These news prove that Ripple's collaboration with Hyperledger to produce the Java implementation of ILP (Hyperledger Quilt Project) is a very brilliant move.

Interledger Model: Sender, Connectors, Ledgers, Receiver

So what does that mean for XRP? If you are a long time XRP hodler, you probably have already known this. But if you don't: The more ledgers ILP connects, the more payment volume XRP will be able to bridge. See also this.

Comments

Post a Comment

Popular posts from this blog

The diff between the original SEC complaint against Ripple and the amended one

--- original.txt 2021-02-18 18:32:43.171832036 -0800 +++ amended.txt 2021-02-18 18:32:29.103735165 -0800 @@ -1,4 +1,4 @@ -Case 1:20-cv-10832 Document 4 Filed 12/22/20 Page 1 of 71 +Case 1:20-cv-10832-AT Document 46 Filed 02/18/21 Page 1 of 79 Richard Best Kristina Littman @@ -34,9 +34,9 @@ : ------------------------------------------------------------------------x -20 Civ. 10832 +20 Civ. 10832 (AT) ECF Case -Complaint +First Amended Complaint Jury Trial Demanded Plaintiff Securities and Exchange Commission (the “SEC”), for its Complaint against @@ -53,7 +53,7 @@ required by the federal securities laws, and no exemption from this requirement applied. 1 -Case 1:20-cv-10832 Document 4 Filed 12/22/20 Page 2 of 71 +Case 1:20-cv-10832-AT Document 46 Filed 02/18/21 Page 2 of 79 2. @@ -103,7 +103,7 @@ 2 -Case 1:20-cv-10832 Document 4 Filed 12/22/20 Page 3 of 71 +Case 1:20-cv-10832-AT Document 46 Filed 02/18/21 Page 3 of 79 VIOLATIONS 9. @@ -150,
Read more

Send $SGB (Songbird) to another wallet using a script

You need nodejs and web3 to run it:  const Web3 = require('web3'); // Variables definition const privKey = '8xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx2'; // Genesis private key const addressFrom = '0xAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA'; const addressTo = '0xBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB'; const web3 = new Web3('https://songbird.towolabs.com/rpc'); // Create transaction const deploy = async () => { console.log( `Attempting to make transaction from ${addressFrom} to ${addressTo}` ); const createTransaction = await web3.eth.accounts.signTransaction( { from: addressFrom, to: addressTo, value: web3.utils.toWei('1', 'ether'), // Send 1 SGB. 'ether' is not a typo here. gasPrice: web3.utils.toWei('225', 'Gwei'), gas: '21000', }, privKey ); // Deploy transaction const createR
Read more

Rippled thread cpu usage

Image
The cpu usage of xrp.ninja validator spikes every 2 hours. I always wonder what it is doing during the spikes. So I wrote a script to report the thead cpu usage to a statsd server.  I started statsd/graphite/grafana using  https://github.com/ripple/rippledmon Then I wrote this script: #!/usr/bin/python3 import collections import itertools import os import re import statsd import subprocess import time HEADER = b'%CPU COMMAND' STATSD = 'XXX' PORT = 'YYY' PREFIX = 'rippled.threads' TOP = 'env HOME={0} top -b -n 1 -p $(pgrep rippled) -H'.format(os.getcwd()) def report(c, jobs): p = subprocess.run(TOP, shell=True, stdout=subprocess.PIPE, stderr=subprocess.PIPE) if p.returncode != 0: print(p.stderr) return m = collections.defaultdict(float) for line in itertools.dropwhile(lambda x: x != HEADER, p.stdout.splitlines()): if line == HEADER: continue usage, comm = line.decode().str
Read more