xrp.ninja Ripple validator upgraded to 0.81.0

Information about this version can be found here https://ripple.com/dev-blog/rippled-version-0-81-0/.

This happened at about 1:45pm local time.

There were some behavior changes after the upgrade:

Comments

You have to know these about ripple wallet and secret key

TL;DR:

It's possible to find out others' secret keys but it's so improbable that it's almost impossible. Make sure you have a good entropy source when generating your address/secret key.Use multi-sign https://ripple.com/build/how-to-multi-sign/
See the discussion here: https://www.xrpchat.com/topic/6054-questions-about-secret-keysripple-wallet-addresses/

Several possible attacking modes on XRP ledger

https://www.xrpchat.com/topic/7229-a-question-about-validators/?do=findComment&comment=69555

There are several degrees of damage, that trusted validators can do (if they decide to give up their hard-earned trust), in increasing difficulty order:
If a set of them, each of which only trust others in the same set, with less than 20% of them trust validators not in that set, decide to collude, they can create fork.If more than 20% of them decide to collude, they can prevent transactions from being validated.If more than 80% of them decide to collude, they can rewrite history as they wish.
However, as pointed out by mDuo13@, creating a fork is easy, but making people accept it is hard.

Illinois Is Venezuela and the Solution Is Cryptocurrency

http://observer.com/2017/06/illinois-is-venezuela-and-the-solution-is-cryptocurrency/

What this article really is trying to say is, the "real" money is inflationary in nature and they are being manipulated throughout its not so long history and you have no control over that.

On the contrary, cryptocurrencies (e.g. Bitcoin) are not inflationary (XRP is even deflationary).

This difference makes the latter will increase in value in terms of the "real" money inevitably.

So, buy the fucking every dip of cryptocurrencies and HODL!

XRP Ninja

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