XRP Ninja

I have been wondering about this lately. Then I found this article: http://eliasbizannes.com/blog/2017/10/why-bitcoin-or-another-deflationary-currency-will-lead-to-an-economic-revolution/ TL;DR: as long as investment has higher return then hoarding the deflationary currency, people will invest instead of hoarding. Similarly, if market maker can make more than hoarding XRP, market maker will make market instead of hoarding.

Maybe this is obvious all along to some people. Anyway, I just figured this out. So I thought maybe it's worth sharing. Previously I thought the bridging consists of two transactions, both on XRP ledger. One from fiat currency A IOU to XRP, the other from XRP to fiat currency B IOU. Then I saw this: https://www.xrpchat.com/topic/10981-xrapid-uses-crypto-exchanges-to-route-payments-in-real-time/ So Miguel Vias said in the pilot they used liquidity on bitstamp and bitso. However it's seems the trading volume of XRP/bitso.MXN since the beginning of 2017 is so low that it's virtually no liquidity there. See this: https://xrpcharts.ripple.com/#/markets/XRP/MXN:rG6FZ31hDHN1K5Dkbma3PSB5uVCuVVRzfn?interval=1d&range=1y&type=candlestick Then I realized, just like bitstamp, bitso has its own exchange and the liquidity there is much better. https://bitso.com/trade/market/xrp/mxn So now it's clear to me there is another way for XRP to bridge cross-border paym...

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. 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 .

https://ripple.com/insights/q3-2017-xrp-markets-report/ The release caused the price to shot up vertically. Although it fell back a little shortly after. The highlights of the report in my opinion are: 23 percent Q-o-Q volume increase More  xRapid partnerships to be announced in Q4

I have created ripple.txt for my validator, following this instruction: https://wiki.ripple.com/Ripple.txt . Here is the link to my ripple.txt https://xrp.ninja/ripple.txt Here is my validator: https://xrpcharts.ripple.com/#/validators/nHBTqw7vwjqrSMruoQNYmSXcrBmQHDquG7jgvrsQpurGaVELqdNx I am going to have ripple employee change the validated domain name from rippled.xrp.ninja to just xrp.ninja. The ripple.txt file can be validated here:  https://ripple.com/build/ripple-txt-validator/

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.

http://www.coindesk.com/ripples-xrp-giving-third-largest-cryptocurrency-second-look/ It's not news that coindesk is very biased against Ripple. But publishing such an article is crossing the line. This author either really didn't know Ripple well, or he just wanted to mislead people. It's a shame for coindesk to publish such a garbage. I will refute some of the claims made in that article. "Instead of using proof-of-work, it relied on a new, unproven consensus protocol." Calling ripple consensus protocol is unproven is a bold assertion. Yet it didn't even try to back it up. On the other hand, XRP ledger has been in use for years and there has been no reports that it doesn't work. And it has defended itself against Stellar's attack once. "This protocol requires users to extend trust to validating servers that produce this consensus." False. Users only need to trust gateway. Users never need to trust validator. Validators need to ...