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RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ Profile
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ

@RichardXRPL

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Following
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Chief Technology Officer at @XRPLLabs . Lead Architect of Hooks, Xahau, and Evernode. Australian for better or worse. Opinions my own, not my employer's.

Australia
Joined June 2018
Don't wanna be here? Send us removal request.
@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
After 3 years, I'm back on Twitter. You can ask me Evernode/Hooks/XRPL questions and I might answer ๐Ÿ˜ #xrpl #BUIDLing
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Ladies and gentlemen, the Hooks PR is officially open.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
7 months
Xahau begins its code audit by our diligent friends at @goFYEO today. The code is finished ๐ŸŽ‰ Many thanks to @angell_denis for his tireless effort getting tests across the line, and to the whole @XRPLLabs team. Start building on the Xahau Testnet today ๐Ÿค“
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
What if: #Xahau let you pay with multiple currencies + NFTs together, at the same time... and automatically pay to create the destination account and/or trustlines if missing, and allow in-line minting of a URIToken receipt... atomically, in the same txn? ttREMIT... coming soon
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
Sunday afternoon ๐Ÿงถ thread on the XRP ledger protocol scalability
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Itโ€™s over 10,000. @RippleXDev @ripple please send some engineers and funding our way โ€ฆ weโ€™ll need help porting Hooks to mainnet ๐Ÿ’ช
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@Vet_X0
Vet ๐Ÿดโ€โ˜ ๏ธ
3 months
Do you want Hooks ๐Ÿช , native Smart Contracts, on the XRP Ledger ?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
1/ A short thread ๐Ÿงตon our sidechain value transfer mechanism. Some of you may remember a year ago we demoed a technology called XPOP at Apex in Tallinn.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
Repeat after me: The XRPL is not a UTXO chain. The XRPL cannot support ordinals or their inscriptions. Projects that *mint* ordinals on the XRPL are nonsensical spam.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
4 months
๐ŸŽ‰ Xahaud version 2023.12.29+689 was released today and introduces a number of small but important fixes and quality of life improvements. โ€ผ๏ธ If you are running a Xahau node please upgrade now to avoid becoming amendment blocked.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
1 month
This seems to have aged well
@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
Unpopular opinion: XRP is a gas token and its value is a function of its utility. Stable coins are much more useful and important for payments and value transfer.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
1 month
โœ… XRPL has 466 nodes running latest release. โœ… Xahau has 950 running latest release. ๐Ÿค—A healthy and engaged ecosystem!
@alloynetworks
Alloy Networks ๐Ÿช
1 month
Engaged network operators make me so happy! ๐Ÿค—
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
19 days
๐Ÿš€Xahaud 2024.4.21-release+858 has been released! โœ…ZeroB2M - disables XRP->XAH burn to mint. โœ…fixNSDelete - fixes namespace edge cases. โ€ผ๏ธ Xahaud has a five-day voting period for amendments. โš ๏ธPlease update your nodes to avoid being amendment blocked.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
Xahau XRP is a gas token, explicitly and by design. We think mainnet XRP is too, but other people disagree (which is fine.) If mainnet supports reverse Burn2Mint for Issued currencies then any form of wrapped XRP can be moved in both directions. Wrapped XRP could also beโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
7/ Disparate XRPL protocol chains can support and transfer each otherโ€™s assets while keeping the total supply the same and without a custodian, third parties, witnesses, or a money services business being involved.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
18 days
@AlboMP Censorship. Socialism. Inflation. Banning memes. Words that adorn your "leadership"
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
2 months
๐ŸŽ‰ Xahaud 2024.3.12 Released. โœจ New Amendment: XLS-55 Remit. โ€ผ๏ธ All Xahau nodes must update to avoid becoming amendment blocked. ๐Ÿง This includes all the new Xahau submission nodes used by Evernode hosts!
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Quite the show of support for what we built. Thank you guys ๐Ÿค—
@Vet_X0
Vet ๐Ÿดโ€โ˜ ๏ธ
3 months
Do you want Hooks ๐Ÿช , native Smart Contracts, on the XRP Ledger ?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
Hmm... I really want to send this user 1000 TST tokens but his account doesn't exist yet and there's no trustline. Oh, not to worry, I'll use REMIT. Xls-55 is now live on Xahau Testnet.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
XRP drops (the XRPL equivalent of satoshis) are actually fungible. They can't act as ordinals. This project makes literally no sense.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
14 days
Idea of the day: Evernode secure instant messenger, like Signal/telegram except decentralised and spy proof. Connect to a node in the contractโ€™s cluster and record in the shared canonical state that you are online and which node/s you are connected to. Anyone who wants to talk toโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
19 days
@BradPunkhouse Hooks on mainnet would be pretty awesome. Thatโ€™s all Iโ€™m going to say, thatโ€™s the tweet.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
Real builders + projects are trying very hard to establish the XRPL as a serious platform for modern e-/commerce @CasinoCoin @GateHub @EvernodeXRPL @friipay @XamanApp @BPMWallet and many more. Vapourware projects and partnerships are a huge slap in the face to these builders.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
7 months
Xahau and XRPL are not an "either-or " thing. It's perfectly possible to have a presence on both chains (including using the same r-address) and benefit from the different features where they are. Interoperability & multichain assets are the future.
@0000CCS
Calcs
7 months
Maybe a not so popular opinion, but all the recent Drama around the AMM, Validators, general governance of the XRPL makes me pretty excited for @XahauNetwork , just saying.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
6/ This could be used for infinite horizontal scaling. In a sense this is an even more decentralized version of a blockchain. Like the Internet: the Interchain.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
2 months
Remit coming in hot. Almost half way through the amendment process. What a game changer this will be usecase-wise. Do you have a customer you need to give some sort of digital asset, loyalty points, receipt, warranty or ticket? ... but they've never used blockchain before? Createโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
3/ Burn2Mint (B2M) is our XPOP-driven value transfer mechanism, in which a cryptographic proof shows that an asset is burned on one XRPL protocol chain and allows it to then be minted on another XRPL protocol chain.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Whatโ€™s the developer acquisition cost for the XRPL ecosystem? That is: how much on average must be spent on conferences, hackathons, education, outreach etc. to acquire one new long term developer to the space?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
@ShortTheFOMO For a large number of retail use-cases you just want to give something (e.g. coupon, receipt, payment, digital goods, or combination thereof) to someone with no fuss, no exceptions, "no X went through but Y didn't", no missing account or missing trustline. What you see is whatโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
Unpopular opinion: XRP is a gas token and its value is a function of its utility. Stable coins are much more useful and important for payments and value transfer.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
10 months
๐Ÿ”ฅBurn2Mint of an XLS20 NFToken, reminted as a URIToken on the Hooks testnet: ๐ŸThe re-Minting is done by a Hook on the Issuer account. It emits here: ๐Ÿค“And the Hook source: โœ…Also possible with IOUs
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
UNLReport determines which UNL validators who also participate in the Xahau Governance Game are reliable enough to receive validator rewards. The UNLReport roughly mirrors the long standing NegativeUNL feature of the XRPL (i.e. "PositiveUNL") and is built from similar code.
@WietseWind
WietseWind (๐Ÿช๐Ÿ›  Xaman @XRPLLabs)
8 months
Xahau Testnet (formerly known as Hooks V3 testnet) has been updated today, and one of the new features live is the "UNL Report", where UNL nodes report sane operation of other UNL nodes. Verifiable historic UNL logs, on ledger. Lots to do, but this is coming together :) (Andโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
1/ We all know a blockchain is a peer-to-peer network of computers working together via a consensus algorithm to collectively validate transactions.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 days
I propose that it should be a human right to not be subject to layered or double taxation. If youโ€™ve already paid tax on that dollar why would you have to pay taxes again? That means if a country has an income tax it can have no other taxes. If governments canโ€™t figure out how toโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Hot take: Visa/Mastercard already won payments. The future of crypto is a more generalised version of the stock market. Containerising, managing and dealing in rights / property, peer to peer, 24/7, on a global scale. And for that you need smart contracts.
@sentosumosaba
๐ŸŒธCrypto Eri ๐ŸชCarpe Diem
3 months
"You're going to see us placing other bets..." "...we haven't gotten the traction we wanted just from payments... Because #XRP Ecosystem doesn't have industry-standard smart contracts, the next BIG BET is Multichain Ecosystem, starting with the EVM-compatible chain. more:โ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
The fixXahauV2 amendment is now live. This amendment is an incremental update, part of our commitment to continuing to improve the health and stability of the ledger. Details here:
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
4/ Mutual burn2mint is a situation where users of two chains can freely exchange assets forward and backward by burning (where the asset is) and minting (where it isnโ€™t.)
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
2/ Blockchains are a fantastic technology but they all suffer from the same essential problem: scalability. No matter how efficient, there is a practical cap to the number of transactions per block/ledger.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
Two-way Burn to Mint for Issued currencies could be added to mainnet. This would make issued assets on the XRPL multi-chain capable. Users could move their issued assets to whichever chain they are most useful on, at any given time. The feature would be opt-in for Issuers.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
xahowyadoin
@XahauNetwork
Xahau Network
6 months
Hello World!
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
5/ Consider, instead of a group of computers working together to form a blockchain, you have a group of blockchains working together via mutual B2M: An Interchain.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
The only thing you can do with solidity that you can't do with Hooks (that I can think of) is flash loans. Virtually everything else is possible. You just need to be creative and think asynchronously.
@enej_p
Enej Pungerฤar
8 months
"There's nothing you can do with Solidity that you can't do with Hooks" @angell_denis @XahauNetwork #ApexDevSummit #XRPL
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
@SwiftBovine We initially tried to get the Hooks Amendment merged into the rippled codebase (for adoption on mainnet) however this was (for whatever reason) not making forward progress. After a year of waiting we decided Hooks would launch on a sidechain instead.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
18 days
@CraigKellyPHON Let's just amend their misinformation bill so it only binds the government ๐Ÿคทโ€โ™‚๏ธ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
15 days
Idea of the day: An Evernode contract as a payments aggregator/broker. A self-owning contract controlled by a DAO which has accounts on multiple blockchains and other payment systems and allows members of the DAO to receive into and send out of the brokerโ€™s accounts on theirโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
@ZachRector7 @Vet_X0 @daniel_wwf The XRPL AMM was developed by Ripple and audited by an external firm. Myself and @nbougalis did a responsible disclosure of bugs discovered after the audit. These were then fixed... but it is reasonable for responsible validators to ask: how safe is it, what will be the impact?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
10 days
Idea of the day: Evernode decentralized encyclopedia (Everpedia). A curated and indexed set of encyclopedia articles maintained by an Evernode cluster. The UNL of the cluster forms a DAO (managed by a Hook) which provides for selection of moderators, dispute resolution andโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
1 month
Remit is live. I sent 99 HLO and 100 WRL to @alloynetworks earlier. (He didn't have trust-lines for either of these tokens.)
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
13 days
Changes we're currently making to Evernode: 25gib storage minimum per instance. Two general purpose TCP and UDP ports per instance. Higher minimum memory per instance (yet to be decided). Custom docker images (already in place but not documented). Better documentation. 1/2
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
@Santiag78758327 It enables all sorts of break through retail use-cases. Like loyalty points, vouchers, event specific tokens, and more. Anything where your customer probably doesn't have an existing account or blockchain experience. Make a keypair then send them without fuss. Give them a cardโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
12 days
Idea of the day: Evernode decentralized monitoring and notification service. Users submit monitoring scripts (js) to a cluster that can monitor almost anything that's publicly accessible: a url, a server, an account on a blockchain, an orderbook, etc. They pay a monitoring feeโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
This is my life right now, unit testing every possible thing someone might do to the Governance Hook ๐Ÿซฃ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
Someone bought my first Nokia URIToken ๐Ÿ‘€
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
9/ We call this mechanism burn2mint. It is user driven, user operated, middleman-free and self-sovereign.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
2 months
@JoelKatz I remember the AMM being discussed in 2018. I think it's been 6 years from concept to enabled feature?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
@DarkhorseDNME4 @linqtoinc The future of blockchain is horizontal scaling with seamless asset and data interoperability. It is not feasible or advisable to put all traffic and all features on a single chain. Donโ€™t be a monochain maximalist.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
13 days
Idea of the day: Evernode decentralised CDN. Users who want to store data in a no-single-point-of-failure manner can submit their data along with a maintenance fee (held on deposit in a hook) to a CDN contract. Nodes in the contract decide which content to host and provide aโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
๐Ÿง Some of CT's esteemed gas token speculators think that they will devise the perfect combination of words that will somehow prevent the launch of the software we spent 3+ years building, Xahau. I promise you that no such sequence of words exists ๐Ÿ˜‡ don't even waste your time ๐Ÿ˜…
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
๐Ÿ‘€
@sentosumosaba
๐ŸŒธCrypto Eri ๐ŸชCarpe Diem
5 months
Africa | @Ripple net CBDC + Payments Diaspora Bank Project Curious @JoelKatz on the 5% "automatically" allocated through a "HOOK,"sounds like a smart contract action. Are they using same hook logic for example in #XRP Ledger carbon offset? Or is it a @XahauNetwork HOOK? Or?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
24 days
@xMoonkie @Vet_X0 Well the XRPL almost *did* have smart contracts 12 years ago, four years before Ethereum. But instead of doing that they did almost everything else ๐Ÿคทโ€โ™‚๏ธ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
@ShortTheFOMO I have to say I wasn't particularly worried about the ledger during this whole thing. But lots of other people were. TxQ and fee escalation code work properly now, and were fixed correctly since last time. I think this proves that.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 days
@pumplekin @UK_Daniel_Card The whole thread is just dunning Kruger. โ€œWriting a website in C/++ who would do that?โ€ What do they think web servers are written inโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
26 days
Wow! ๐Ÿป
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
7 months
@KhaledElawadi Yes, lets transfer what little governance XRPL has to some passive large holders, instead of listening to the legitimate concerns of the technically minded people who spend their own time and money maintaining the network. That will definitely improve the situation.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
If you run an older version Linux in your production environment then Ripple's builds might not work for you. In that scenario XRPLF's portable builds probably will work as a drop-in replacement. This should not be used as an excuse for running insecure operating systems though!โ€ฆ
@alloynetworks
Alloy Networks ๐Ÿช
8 months
Just an FYI - the portable binary for rippled 1.12 is now available on the @XRPLF repository:
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
For those interested in Clawback on Xahau: I'll be proposing a different implementation that allows Issuers with the asfAllowTrustLineClawback flag (at the time the trustlines were created) to unilaterally make a negative payment against holders of their Issued currency. Theseโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
4 months
@Vet_X0 I hope people don't find this to be anticlimactic when enabled. I really hope people don't put their funds into AMMs with a misunderstanding of how they operator or what is at risk.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
8/ If the Import amendment (and in this case Hooks) is ever accepted onto mainnet it would also be possible to burn the asset on the sidechain and re-mint it on the mainnet.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
3/ Migrating value between layer-1 chains is hard, both legally and technically. Legally the transfering parties must be prevented from becoming a custodian of funds (or a money services business) and technically must avoid creating a (potentially hackable) honey pot.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
@shenxcrypto @ekiserrepe Thereโ€™s more features coming more quickly to xahau. Itโ€™s like the โ€œfast laneโ€ for the protocol.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
10 months
100 evernodes!!! ๐Ÿ˜Ž๐Ÿ’ฏ
@EvernodeXRPL
Evernode๐Ÿช
10 months
Short Update (in 4 parts): 1. Bit of a milestone - weโ€™ve reached 100 active hosts on the betanet.๐ŸŽ‰ Thank you to all!
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
๐Ÿ’กMany blockchains (including the XRPL) suffer from over-focus ๐Ÿงon fine details. Enter the Train Ticket Test ๐Ÿš„ 1. Could an ordinary person use this tech to buy a train ticket? ๐Ÿ’ธ2. Would they care about feature/detail F? If not, F is much less important than you think it is๐Ÿค“
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
2/ XPOP stands for XRPL Proof Of Payment, but it is more than just a proof of payment, it is a general proof that a transaction on the XRPL happened. XPOP uses the validators' own signatures as attestation instead of requiring seperate witnesses as in other models.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
19 days
Has anyone built a synthetic stable coin pegged to a basket of currencies like SDR? If not why not? Such a coin would allow safe storage of funds for longer terms without unnecessarily high exposure to specific fiat currency printing. Call it the Big Mac coin
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
5 months
@XRPNeverMined Absolutely nothing. Send URITokens and Issued Currencies (together in the same txn if you want.) Destination doesn't need to exist, trustlines don't need to exist, URITokens don't need buy offers. Sender covers reserves.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 days
Idea of the day: Evernode crypto-friendly decentralized chain-agnostic DNS. There are various competing crypto domain extensions like .eth, .bit, .xrp, and so on, that currently exist on separate chains and are accessed via separate servers and software. An Evernode cluster couldโ€ฆ
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
2 months
Technically an issued currency not an IOU but yes ๐Ÿ˜‡
@alloynetworks
Alloy Networks ๐Ÿช
2 months
IOUs can be escrowed on the Xahau Network.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
5/ In the case of XRP, the sidechain according to protocol can mint the same XRP, to the same account that burned it. However while building this we realised it is also possible for other asset types to be burned and then reminted, depending on those projects' migration planning.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
When the iPhone came out, some people decided to keep their Nokia flip phone, and that was ok๐Ÿ‘Not everyone needs or wants a smart phone ๐Ÿ˜‡
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
6/ The Import transaction only validates the XPOP and mints the burned mainnet Fee. But by adding an optional Issuer field, the Import transaction can also trigger a Hook on a target sidechain account.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
7 months
The AMM has an on switch (passing the amendment). But what is the plan to turn it off if there's a problem?
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
1 month
Outright persecution. When will crypto bros stand up for their rights? Crypto rights are human rights!
@jeffjohnroberts
Jeff Roberts
1 month
๐Ÿšจ SEC prepares to sue @Uniswap . This is a major escalation in Gensler's campaign against crypto. Case will be critical to the future of DeFi. Hard to predict outcome but Uniswap has some good law on its side
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
10 months
@WietseWind Weโ€™ve been working on Hooks for almost 30% of the lifespan of the ledger itself ๐Ÿ˜ฌ๐Ÿ˜‡
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
I'm genuinely curious whether there are XRPL developers who want to develop on EVM? I always figured these were mutually exclusive categories. Either you're interested in one or the other. Please put your hand up if you fall into this category!
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
7/ That Hook on that account might, according to that project's migration pathway, decide the XPOP is valid proof of a burn of their asset, and re-mint that same asset on the sidechain (by emitting a transaction, or by setting Hook state).
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
4/ We realised using XPOP to prove that an asset has been migrated. This "proof of burn" can then be passed to the sidechain using a new transaction Import, to allow the sidechain protocol to validate the XPOP. This works even if the target account doesn't exist on the sidechain.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
@TheNaturalCube @offledger The software we've been building for 3 years is Hooks. Xahau is just how it ended up being launched because mainnet politics would not allow for breaking changes to fee code, among other things.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
@Silkjaer @angell_denis Xahau already charges a fee of 1 drop per byte for memos :)
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
11 months
@daniel_wwf As an Aussie I am obligated to say yay (and then some) we also have pineapple on our works burgers.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
2 months
Yep no problem at all
@Vet_X0
Vet ๐Ÿดโ€โ˜ ๏ธ
8 months
@krippenreiter @dexfi_pro @panosmek i think i saw @RichardXRPL saying that if the amm is well tested and proven on the main chain, he would have no problems proposing it to the Xahau network alliance.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
9 months
@daniel_wwf In case anyone is wondering /s is a special marker for time travelling cryptocurrencists to point out which posts will become true in the future.
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
8 months
@jungleincX @ZachRector7 @Vet_X0 @daniel_wwf @nbougalis Personally I favour evolving the ecosystem into a cluster of XRPL Protocol chains inter-connected by a non-custodial value exchange protocol (such as B2M.) This allows exciting new features to be production tested in a fast-lane rather than in the conservative lane (i.e. mainnet)
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
13 days
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
๐Ÿคฎ
@RyanEls4
Ryan Els
3 months
Center aligned code. Beautiful ๐Ÿ˜ป
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
6 months
@NYCokiii @WietseWind @XummWallet @EvernodeXRPL Next release will have Xahau support, coming soon
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@RichardXRPL
RichardAH ๐Ÿช๐Ÿ‡ฆ๐Ÿ‡บ
3 months
@xspectDS If thereโ€™s ever an exploit for the Apple ski mask the attacker could make you walk into traffic or off a cliff by changing what you see.
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