@krippenreiter Avatar @krippenreiter Krippenreiter

Krippenreiter posts on X about xrp, xrpl, ledger, onchain the most. They currently have [------] followers and [----] posts still getting attention that total [------] engagements in the last [--] hours.

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Social Influence

Social category influence cryptocurrencies #2440 finance currencies stocks technology brands countries exchanges automotive brands social networks travel destinations

Social topic influence xrp #112, xrpl, ledger #74, onchain, token, blockchain, defi, rlusd #110, ethereum, money

Top accounts mentioned or mentioned by @ripple @vetx0 @wkahneman @msvadari @ripplexdev @wietsewind @panosmek @averagejohnxrp @joelkatz @danielwwf @sentosumosaba @dexfipro @xamanwallet @xrplcommons @anodosfinance @angelldenis @ledger @bgarlinghouse @axelar @xummwallet

Top assets mentioned XRP (XRP) Ethereum (ETH) USDC (USDC) Bitcoin (BTC) Sologenic (SOLO) Axelar (AXL) Chainlink (LINK) WalletConnect Token (WCT) Ripple USD (RLUSD) Reserve (RSV) Solana (SOL) Flare (FLR) Bifrost (BFC) BiFi (BIFI2) Coinbase Global Inc. (COIN)

Top Social Posts

Top posts by engagements in the last [--] hours

"🔥 What are the odds 🔥 🔥 [---] confirmed 🔥 #XRParmy #XRP #Ripple #XRPL #XRPLedger #xrpthestandard #XRPCommunity #RETWEET"
X Link 2022-12-27T19:03Z [----] followers, [----] engagements

"14/26 . . . ❓ How #Xange can reduce fraud and offer a clear #framework and audit trail for other #carbon trading enterprises to emulate by leveraging the #XRPL"
X Link 2023-01-03T00:09Z 12.2K followers, [---] engagements

"15/26 🤨 @invert_wrld (app) and @Newlight are close partners of @Ripple although they don't appear to be using the #XRPL yet. @Newlight is actively leveraging #IBM #blockchain technology though as they constructed "Eagle 3" the world's first system to produce #AirCarbon"
X Link 2023-01-03T00:09Z 12.2K followers, [---] engagements

"1/🧵 #XRPL (#XRP) vs. @Ripple #CBDC A short thread comparing and contrasting the #opensource public #decentralized #XRPLedger with #Ripple's private #CBDC Ledger based on XRPL👇"
X Link 2023-01-22T22:41Z 14K followers, 21.9K engagements

"@JoelKatz @rippleitinNZ @1LQQK2 @hackbleath @JimboXRPL @daniel_wwf I know this is an odd question but bear with me: What can be done to reduce "the biggest negative" of using XRP as collateral"
X Link 2023-03-26T21:19Z [----] followers, [---] engagements

"@VictorVictory75 @bigcjat The question to ask is whether you want to "just" convert currencies or bridge an asset onto another ledger. Based on that you'll need to utilize ILP (+XRP) XLS-38d Flare/Chainlink or something similar. The public XRPL DEX may still provide liquidity for FX-conversions. 💪"
X Link 2023-05-19T19:30Z [----] followers, [--] engagements

"@Marcolg84 @panosmek According to central bank speeches CBDCs are not stablecoins. 😅 🔹 CBDCs 🔹 Regulated stablecoins (private DLT) 🔹 Unregulated stablecoins (public crypto) 🔹 Crypto"
X Link 2023-05-20T14:43Z [----] followers, [--] engagements

"@MissCryptoGER Definitiv nicht das erste Projekt was die Skalierbarkeit von DAG-Strukturen mit der Sicherheit von Blockchains gegenber Double-Spends verbindet. ( $AZERO )"
X Link 2023-05-25T16:41Z [----] followers, [--] engagements

"@angell_denis Do you have any suggestions for protecting the hardware from physical access Trying to wrap my head around the entire notion as well as the concept of truly sticking to all elements needed for an HSM. 🤔"
X Link 2023-05-25T20:07Z [----] followers, [--] engagements

"@angell_denis Those are still the best projects to play around with. Haha 😋"
X Link 2023-05-25T20:11Z [----] followers, [--] engagements

"19/19 This should inspire you to consider ways to encourage firms to join the network while also remembering why it is critical not to add any incentives to consensus. Please follow me here: @krippenreiter Feel free to contribute by sharing here: 👇"
X Link 2023-07-09T07:22Z [----] followers, [---] engagements

"@sentosumosaba I thank you so much Eri. It was a privilege & a joy to have a long conversation with you regarding so many topics 😇 IMO one of the many next steps the public XRPL has to overcome to enter the next stage of programmability is sidechains & creating bridges back to the mainchain"
X Link 2023-07-12T17:48Z [----] followers, [---] engagements

"(1/3) Around 7:00 I discuss the AMM with @sentosumosaba and how it will bring positive cashflow to an asset that was previously simply an investment laying idle. There was also no genuine countermeasure to price volatility previously. Take a look 👇"
X Link 2023-07-13T02:03Z [----] followers, [----] engagements

"(2/3) This is why I believe the AMM is preferable to Uniswap and why I believe a large number of people would naturally join the adventure to lock up part of their assets in a liquidity pool:"
X Link 2023-07-13T02:03Z [----] followers, [----] engagements

"Overshadowed by the news of Ripple's victory Flare Labs LTD just launched the Layercake GitHub repository and made the code open-source. All [--] promised products: 🔸 FTSO 🔸 F-Assets 🔸 Layercake are now available for everyone to examine iterate and build on. LFG 🔥🔥"
X Link 2023-07-13T19:02Z [----] followers, 14.3K engagements

"@MoonLamboio Yep 🙋♂ For me I understood that my brain is simply afraid of forgetting anything over night so it continues to "yell". The simple solution is to take notes and write down literally everything it tries to "tell" me on paper Fresh air and a view of the horizon might also help"
X Link 2023-07-15T00:49Z [----] followers, [--] engagements

"@SanNL11 @JustATechGuy_ 🎯 Absolutely correct. I would never suggest that Overledger is superior to CCIP but if "trust" is not an issue and an agreement can be formed quickly there is absolutely no reason to employ decentralized solutions when a trustworthy distributed database would suffice. . . "
X Link 2023-07-15T00:55Z [----] followers, [----] engagements

"(1/2) Here are [--] PRs that will shortly be added to the XRPL that will significantly increase XRPL payment throughput by more than 50% 🤯 [--] 🔗 [--] 🔗 [--] 🔗 Source: 🔗 . . . https://github.com/XRPLF/rippled/pull/4503 https://github.com/XRPLF/rippled/pull/4505 https://github.com/XRPLF/rippled/pull/4504 https://twitter.com/krippenreiter/status/1680730793730007040/photo/1 https://github.com/mtrippled https://github.com/XRPLF/rippled/pull/4503 https://github.com/XRPLF/rippled/pull/4505 https://github.com/XRPLF/rippled/pull/4504 https://twitter.com/krippenreiter/status/1680730793730007040/photo/1"
X Link 2023-07-17T00:07Z [----] followers, 74.1K engagements

"@offledger @xrpl365 @ayang2294 @BPMWallet @RuleXRP @TREASURYxrpl @SwisstechToken @Tom_Kuster @IOV_OWL @sentosumosaba @daniel_wwf @BradPunkhouse @Fayala_brash @CasinoCoin And if so why haven't they been minted as an NFT yet 🤨😏"
X Link 2023-07-29T17:22Z [----] followers, [---] engagements

"@dexfi_pro @KhaledElawadi @DROPZXRP Perfect. We should surely consider some "What-If" scenarios to show when it makes sense to offer liquidity and when it does not. Unless something unforeseen happens I believe the overall argument for providing liquidity is far greater than not doing so. 👍"
X Link 2023-08-06T21:21Z [----] followers, [--] engagements

"8/22 Layer-1Chain-Native Unlike other blockchains the XRPL-AMM will be directly included into the XRPL's Layer-1 basis. This eliminates the need for developers to create their own potentially risky smart contracts. It's also far more difficult to rug people"
X Link 2023-08-13T02:46Z [----] followers, [----] engagements

"9/22 No Front-Running / MEV On incentivized networks like Ethereum it's typical to front-run transactions in order to deceive others into accepting poorer trade prices. This is improbable due to XRPL's canonical transaction ordering (first by account & then by sequence)"
X Link 2023-08-13T02:46Z [----] followers, [--] engagements

"@dexfi_pro @RippleXDev Thank you my friend ❤ I couldn't have written about AMM as well as I did if I hadn't had those conversations with you about it all. You are a gem to the XRPL Ecosystem and I hope that more people visit and use your website once XLS-30 is fully enacted on the XRPLedger 🔥"
X Link 2023-08-13T05:16Z [----] followers, [---] engagements

"@XRoddle @realSologenic @bobrasX @JoelKatz The AMM is an XRPL-native functionality and hence not directly related to Ripple the company. Given the complexity of XRPL-AMMs it would make sense for Web-UIs such as @realSologenic to include an interface that allows anybody to use the XRPL AMMs with the help of the website"
X Link 2023-08-13T17:01Z [----] followers, [--] engagements

"@XRoddle @realSologenic @bobrasX @JoelKatz Because the XLS-30 AMM proposal has not yet been included in the "release" branch no votes may be cast hence the only method to engage with AMM is through devnet. . . "
X Link 2023-08-13T19:32Z [----] followers, [--] engagements

"@XRoddle @realSologenic @bobrasX @JoelKatz In addition to @realSologenic I'm aware of two more AMM-UI-Interfaces that will most likely be accessible once the code is implemented on XRPL mainnet: 🔸 @dexfi_pro 🔸 @OrchestraFi"
X Link 2023-08-13T19:32Z [----] followers, [--] engagements

"@KhaledElawadi @dexfi_pro @WKahneman @digitalassetbuy @Fame21Moore @sentosumosaba @BCBacker @X__Anderson @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @AlexCobb_ @CertiK @Ripple Regular people purchasing and selling (swapping) one asset for another are indeed also readjusting the asset-ratio of the pool (relative pricing). However unlike arbitrageurs these types of swaps are not "coordinated" and are not intended to be profitable all of the time"
X Link 2023-08-13T22:27Z [----] followers, [--] engagements

"@offledger @JoelKatz That's what I'm planning for Part 2/2 of my thread-series. 👍 Impermanent loss and all of the very real risks that come with actively participating in liquidity provisioning"
X Link 2023-08-14T00:07Z [----] followers, [--] engagements

"@NFAdotcrypto The fundamentals have not changed & the XRPL is more stable than ever while XRP whether viewed as a gas token or more is at the heart of the XRPL & necessary in every TX Next there are significant transformations going on around Hooks & Evernode that are being unrecognized"
X Link 2023-08-21T08:10Z [----] followers, [----] engagements

"4/27 [--] Introduction To recap the XRPL-AMM design it is all about keeping the asset-ratio inside the pool as stable and balanced as possible with the value of both assets in equal proportions. 🔸 Always accessible liquidity 🔸 Higher costs if out of balance"
X Link 2023-08-21T19:56Z [----] followers, [----] engagements

"5/27 [--] Introduction Every AMM-design no matter how complex attempts to figure out ways to tackle the two prominent problems of every AMM-architecture. These are: 🔸 Impermanent Loss 🔸 Low Capital Efficiency"
X Link 2023-08-21T19:56Z [----] followers, [----] engagements

"Over time the price of the asset relative to the other asset that surged dramatically may return to near its original level. (That's a risky bet to make) . . "
X Link 2023-08-21T22:22Z [----] followers, [---] engagements

"@Zorpheus1313 Furthermore the pool will accumulate assets as a result of the fees paid by traders as well as your share rising when LPTokens are burned. . . "
X Link 2023-08-21T22:24Z [----] followers, [--] engagements

"@vinylwasp @Fame21Moore @WKahneman @digitalassetbuy @sentosumosaba @BCBacker @X__Anderson @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 What an odd report to cite predicting that short-term active participants may beat passive long-term ones. I pretty much gave it away in my thread about how to stay profitable with AMMs. (If ever) I'm not arguing AMMs outperform TradFi though; In fact I believe the opposite"
X Link 2023-08-22T16:52Z [----] followers, [---] engagements

"@MarkusPosselt2 Markus it's always and forever all about you 🙃 Don't let anyone convince you otherwise 😉 Jokes aside I hope you enjoyed the second part. 💪"
X Link 2023-08-22T17:15Z [----] followers, [--] engagements

"@vinylwasp @Fame21Moore @WKahneman @digitalassetbuy @sentosumosaba @BCBacker @X__Anderson @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 I would have wanted to see [--] year as it is stated in the reference that "time in the market" may defeat "timing in the market" 🤔😅 XLS-30 employs a Weighted Geometric Mean Market Maker (G3M) a modified form of a Constant Product Market Maker (CPMM) aka UniswapV1 . . "
X Link 2023-08-22T20:38Z [----] followers, [----] engagements

"@X__Anderson @WKahneman @Fame21Moore @ADingoAteMyXRP @vinylwasp @digitalassetbuy @sentosumosaba @BCBacker @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 I'm still not convinced that saying arbitrageurs would divert their earnings to liquidity providers is entirely accurate. . . "
X Link 2023-08-23T19:17Z [----] followers, [--] engagements

"@X__Anderson @WKahneman @Fame21Moore @ADingoAteMyXRP @vinylwasp @digitalassetbuy @sentosumosaba @BCBacker @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 No arbitrageur is forced to use the CAM to bit on slots and they will most likely do less and less if the market becomes more volatile as in "enough profit is made." The CAM is just forcing arbitrageurs to burn their LPTokens in order to access the "service." . . "
X Link 2023-08-23T19:18Z [----] followers, [--] engagements

"@X__Anderson @WKahneman @Fame21Moore @ADingoAteMyXRP @vinylwasp @digitalassetbuy @sentosumosaba @BCBacker @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 So the process of diverting their gains to LPs is only indirect through burning LPTokens & only if the "service" is used which is primarily enticing when no profit could be earned owing to low volatility. The reason they employ CAM is to squeeze out the remaining percentages"
X Link 2023-08-23T19:20Z [----] followers, [---] engagements

"@X__Anderson @WKahneman @Fame21Moore @ADingoAteMyXRP @vinylwasp @digitalassetbuy @sentosumosaba @BCBacker @stedas @XRPNews_ @DigPerspectives @MoonLamboio @IOV_OWL @XRP_Productions @WorkingMoneyCH @RuleXRP @kangspace589 Remember: Arbitrageurs may only use the CAM if they buy Tokens on the DEX or offer their own liquidity which increases the risk of owning an asset that they may not want to hold only to use the service. 😅 Compare this to the theoretical 0.1% extra profit. 🤔"
X Link 2023-08-23T19:23Z [----] followers, [---] engagements

"@POP4clarity In the second case the amount of coins and asset ratio will alter within the AMM resulting in an impermanent loss. You may still withdraw a single asset like XRP using the XRPL-AMM LPTokens (your share of the pool) though. . . "
X Link 2023-08-23T22:45Z [----] followers, [--] engagements

"@POP4clarity If you wind up owning more or less XRP as a result of your current impermanent losses the timing of when you withdraw assets from the AMM-Pool is determined by: . . "
X Link 2023-08-23T22:50Z [----] followers, [--] engagements

"@paulg That is the problem. The term "qualify" conveys a personal opinion of the person who qualifies the person in question. As long as the criteria for qualification are not objective and quantitative the outcome will be subjective and meaningless"
X Link 2023-08-26T04:28Z [----] followers, [----] engagements

"@Ripple Another example is ownership whether in connection with soulbound NFTs or owning a portion of an automated market maker asset-pool. 🔥 The positive side effect is that any token may be made liquid at any time by adding it to an AMM for example to jumpstart an ecosystem. 😀"
X Link 2023-08-26T22:55Z [----] followers, [--] engagements

"@Biiig___M @frankli25273815 Don't worry about it. 😇 That's why for example I added the German theme to the Telegram group since I wanted my roots to be represented as well"
X Link 2023-08-27T14:51Z [----] followers, [--] engagements

"@XrpZaragoza @realSologenic In this context "to be expected" indicates "added to the list of amendments that XRPL-UNL-validators can then begin voting on." 😅"
X Link 2023-08-27T21:16Z [----] followers, [---] engagements

"The @XahauNetwork white paper finally got released to the public and I am sitting in a car all day and can't really add anything to the discussions right now. 😑 The timing couldn't be worse for me. 🥲"
X Link 2023-08-28T16:04Z [----] followers, [----] engagements

"@crypto_life_247 That's not precisely how it works. 😅 You will deposit XRP (minus the trading fees for single-sided provisioning) and get a representation of your portion of the pool in LPTokens. You now have LPTokens in your possession. . . "
X Link 2023-08-28T21:07Z [----] followers, [--] engagements

"@ekiserrepe @ainittomai Aside from that arbitrage happens only when the same asset has different prices in separate marketplaces (There is no pegging between the two assets) Because XRP+ is an entirely separate asset from XRP there will be no way to arbitrage it; instead simply trade both assets as"
X Link 2023-08-29T08:18Z [----] followers, [--] engagements

"@woj4ke @ekiserrepe @ainittomai By definition no. 😅 What you're referring to is simple trading. Arbitrage is a distinct concept"
X Link 2023-08-29T08:26Z [----] followers, [--] engagements

"To add some context B2M does not allow to redeem [--] XRP+ for [--] XRP considering doing so would make XRP+ more stable in relation to XRP. To my knowledge for arbitrage to occur the asset must be the same on all markets even if the mechanism to trade is similar for XRP+/XRP"
X Link 2023-08-29T08:51Z [----] followers, [--] engagements

"As you may have seen the date for the release together with [--] additional amendments up for voting has been pushed forward by [--] week 🔥 Version [----] is currently due on September [--] [----] & includes the "Clawback" proposal as well which will then be available & up for vote 💪"
X Link 2023-09-01T21:13Z [----] followers, 17.8K engagements

"@Vet_X0 @dexfi_pro @panosmek Unfortunately the APY is not worth the risk for individual investors to join indeed. 😞 Consider all of the alternative methods for earning income while exposing yourself to lesser risks such as dividends on stocks and treasuries. . . "
X Link 2023-09-02T23:09Z [----] followers, [---] engagements

"9/17 XLS-Categories Standard Proposals 🙌 Here you will find the top of the crop of fresh concepts as well as all the smart minds arguing the "Ifs" & "Hows" of it all. EVERYONE is welcome to join in the debates & contribute their unique perspectives. Don't be afraid 🤗"
X Link 2023-09-02T23:25Z [----] followers, [---] engagements

"10/17 How to participate There are two ways to participate in the discussions: [--] Comment on and respond to the proposed standards [--] Design a new XLS Standard To get involved in the discussions simply sign up on GitHub. 💪"
X Link 2023-09-02T23:25Z [----] followers, [---] engagements

"@faithtokens To my knowledge if your token is not listed on any CEX the value will be derived from people trading it on the CLOB-based XRPL-DEX for whatever price they deem appropriate (price discovery)"
X Link 2023-09-04T17:53Z [----] followers, [--] engagements

"@TheNaturalCube @scotty2ten @MoonLamboio @XahauNetwork @EvernodeXRPL How can something be exclusive to Xahau and not the XRPL ecosystem if the XahauNetwork is built on XRPL technology 🤔 No offense intended but I'm curious about your point of view here. 🙂"
X Link 2023-09-05T00:31Z [----] followers, [---] engagements

"@CommunityFlare You too friend It's always an absolute pleasure to read what you have to say about our lovely bird (😉) and FlareNetwork. 💪 Let's keep going and I'm still crossing my fingers for you to be picked as FlareNetworks' official community manager. 😉"
X Link 2023-09-05T10:36Z [----] followers, [---] engagements

"@JohnEDeaton1 @coinbase The question is whether now that XRP has been proven not to be a security in and of itself will Coinbase reconsider and turn their attention back to XRP based on factual logic 🤔"
X Link 2023-09-07T15:26Z [----] followers, [----] engagements

"@DrMemebrain @OnePieceXRP @Vet_X0 You could do that. But afterwards you would need to reach an agreement with 80%+ of the other trusted validators and persuade them of an incorrect and malicious TX ordering. You would have [--] seconds to complete said attack"
X Link 2023-09-08T18:51Z [----] followers, [---] engagements

"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. 👇"
X Link 2023-09-09T20:04Z [----] followers, 36.9K engagements

"9/19 2nd Reason If you recall back then the overwhelming number of unanticipated issues that did develop with NFT-support as well as all the necessary bugfixes that are offered in practically every release to this day. Now multiply this worry by two to get reason #2"
X Link 2023-09-09T20:04Z [----] followers, [---] engagements

"10/19 3rd Reason 🔸 Security and Load As is typical with major code changes a security audit is required to assess code quality. This was done initially by @CertiK a well-known penetration testing and security auditing firm specializing in smart contracts. . . "
X Link 2023-09-09T20:04Z [----] followers, [---] engagements

"@FransZoveel @JoelKatz @bob_way @jonastheis_ @dexfi_pro I was only making fun of him since he is the one you were referring to: An expert in arbitrage. Anyone who wants to arbitrage will do so and compete in terms of speed and profit. (Some are more skilled than others) I am aware that you are a genuine person. 🙃"
X Link 2023-09-09T22:58Z [----] followers, [--] engagements

"High-quality XRPL-UNL validator-nodes and their operators in my opinion should aim for the following characteristics: 🤔 🔸 A willingness to vote on proposed changes (amendments) 🔸 The desire to keep the server software (rippled) up to date 🔸 Significant hardware availability (load-balancing redundancy and backups in place) 🔸 100% validations owing to high-quality hardware (High-Speed Multi-WAN-Uplink) 🔸 Desire to communicate and engage in public debate 🔸 Knowledgeable about the XRPL's complexities 🔸 Financially secure enough to pay for hosting and infrastructure Is there anything I've"
X Link 2023-09-10T18:21Z [----] followers, 10.6K engagements

"Guys you can't possibly be serious. 🤣 When I talk to any project lead or project manager no matter how horrible the project or the guy running it is I always end up with some kind of estimate for the finances time and labor required to complete the task. I don't believe you when you say it's impossible to at least estimate network load on the XRPL mainnet live infrastructure when XLS-30 gets enabled. 😅 I don't ask for numbers five places after the comma. 🫣"
X Link 2023-09-11T19:18Z [----] followers, [---] engagements

"Something encouraging to read if you're feeling down right now or the market is messing with your head. A lot is happening on several fronts not just with XRPL XahauNetwork or APEX but also with Ripple. Guys keep your heads up 🔥"
X Link 2023-09-11T19:47Z [----] followers, [----] engagements

"@dexfi_pro @RippleXDev Personally I believe I am more interested in peer-to-peer lending. 🙃 I used to read a lot about it in TradFinance but was always too busy (or terrified 😂) to attempt it"
X Link 2023-09-15T16:19Z [----] followers, [---] engagements

"@ADingoAteMyXRP That's exactly it. 😉 I don't believe there is anything more powerful than that. Owning a share of an asset that is exclusive & would otherwise be impossible for me to own in a decentralized & permissionless manner while providing liquidity to that asset and earning yield. 🔥"
X Link 2023-09-16T20:29Z [----] followers, [--] engagements

"Since I've changed all of my passwords and pretty much everything I can confidently claim that DID along with AMM is what I'm most interested in. 😅 The mere concept of not doing KYC for the millionth time and not arranging trillion passwords will be an absolute joy one day"
X Link 2023-09-18T17:19Z [----] followers, [----] engagements

"@b0undaryfence @Fayala_brash @hazardcookie @Ripples This 🔥 Thanks for the straightforward phrasing which cannot be overstated. "Decentralized blockchain is not the same as blockchain open source code." Understanding this is critical not only for the XRPL but also for Bitcoin and any other blockchain in the area"
X Link 2023-09-18T23:36Z [----] followers, [--] engagements

"🧵 Wherever you look as soon as you enter the world of DeFi you will come across Automated Market Makers. A critical component that allows for the trustless trade of digital assets. A brief explanation of why AMMs are essential and why even the XRPL needs one. 👇"
X Link 2023-09-20T20:18Z [----] followers, [---] engagements

"Without a doubt you have one of the most lively XRPL-token markets in terms of sheer 24h-trading-volume but what I am especially interested in particularly in terms of market making is the sheer volume I can pump in and out of the market and how high the spread will expand as a result. 😋"
X Link 2023-09-21T07:53Z [----] followers, [---] engagements

"Did you know that AMMs were first researched scientifically in the context of prediction markets in [----] "Traders who interact with the AMM receive a net pay-off after settlement that is determined by a scoring rule that compares the trader's prediction to the realized state.""
X Link 2023-09-21T20:12Z [----] followers, [---] engagements

"The XRPL-XLS-30 AMM will be found along the blue line. A G3M design with a weight of 1/2 each asset is essentially UniswapV1 (Constant Product Market Maker). Because of this pure stablecoin asset-pairs are not compatible with XLS-30. 👇"
X Link 2023-09-21T20:43Z [----] followers, [----] engagements

"When you combine the orange and yellow lines you get Curve-AMM which is ideal for stablecoin pairings or "pegged tokens." The rationale for this is that simple transactions will not have large price impacts which would otherwise result in large slippages"
X Link 2023-09-21T20:50Z [----] followers, [---] engagements

"If you've ever wondered whether the XRPL is truly permissionless. The same blockchains that house Palau's PSC stablecoin pilot project also host @birdjpg_io. LOL 🤣 This is the one reason I will never leave the XRPL ecosystem. F**k I adore you all you mfs. 🤣"
X Link 2023-09-21T22:27Z [----] followers, [--] engagements

"@JHX_1138 for the laughs. If you ever need a reason why the XRPL blockchain is the most permissionless DLT of them all while yet being totally compliant owing to authorized trustlines look no further. 😉👆"
X Link 2023-09-21T22:48Z [----] followers, [---] engagements

"@NFT_GOD TL;DR We'll kick a** and make money at the same time. 🔥"
X Link 2023-09-21T23:30Z [----] followers, [--] engagements

"🧵 I may be a little emotional right now but let me tell you something about IOTA IOTA was the only project that hadeverything. 👇 It was the finest if not the most insane dream that had ever existed. The most ridiculous promise: a permissionless decentralized and "free" blockchain that solves the "Trilemma". It promised the following; this is why I was interested in it in the future: 🔸 No-Fee Transactions 🔸 Trilemma Resolved 🔸 100% coin allocation to the community 🔸 Similarly to XRPL unincentivized Consensus It doesn't matterwhether IOTA can add EVM functionality via Shimmer at this"
X Link 2023-09-22T00:22Z [----] followers, [--] engagements

"This is already available (or will be shortly). 😅 The XLS-47d is Oracle agnostic as it should be. We may gather data for any purpose as long as we can query the Oracle"
X Link 2023-09-22T00:40Z [----] followers, [---] engagements

"XRP/BTC Incoming wink wink while tokenizing BTC as near to real pricing as feasible owing to price oracles"
X Link 2023-09-22T00:44Z [----] followers, [---] engagements

"@fistPUMPerio It was far too emotional. 😅 Based on my subjective economic opinion the TL;DR is that inflation without any countermeasure will destroy the asset (IOTA) economy and no technology can ever preserve the price. NFA"
X Link 2023-09-22T01:05Z [----] followers, [--] engagements

"@dexfi_pro They are the same in terms of architectural design which is right and also what I stated. (CPMM = G3M with a 50/50 weighting) 🙂 The sole difference is that XLS-30 runs on layer-1 which provides numerous benefits and employs the continuous auction mechanism. 👍"
X Link 2023-09-22T09:46Z [----] followers, [--] engagements

"Join me and the other guests and speakers as we discuss XRP and XRPL-related topics. ❤ What precisely you may wonder I have no idea because Vet forgot to send me the agenda as promised cough cough. 🤨"
X Link 2023-09-28T19:03Z [----] followers, [--] engagements

"@chuck_xrp164 @Vet_X0 A TL;DR about XLS-30 👇 In terms of architectural design XLS-30 is a version of a Constant Product Market Maker (CPMM) and hence similar to UniswapV1 Price Oracle & Document Storage amendments must be implemented on-ledger in order to develop and iterate the XRPL-AMM design"
X Link 2023-09-28T21:51Z [----] followers, [--] engagements

"Today I was taught that "concentrated liquidity" is not the solution to the problem of "capital inefficiency" w/ AMMs as I had previously believed & that the practical truth regarding this aspect is much more dire than I had imagined. 🤕 Thanks @dexfi_pro. 😭🥲"
X Link 2023-09-29T16:51Z [----] followers, [----] engagements

"The difficulty with XLS-30 or UniswapV1 is that assets allocated to liquidity pools must cover all potential trades on the price curve regardless of whether they everhappen or not. The curve I'm referring to is the half circle shown above. 👆 The price curve has the characteristic of adjoining both sides of the asset balance. One is limitless while the other is near zero or vice versa depending on the scenario. This implies that as one asset is traded against another the pool becomes out of balance and trades become more expensive. One example would be to exchange [--] XRP for $589 despite the"
X Link 2023-09-29T18:41Z [----] followers, [----] engagements

"@XRPvalidators @XRPMcGee @dexfi_pro The CLOB-DEX will undoubtedly assist to rebalance the pool although typical traders & LPs do not always strive to rebalance the pool. That is not their trading strategy. It's an arbitrageur's "job" to rebalance the pool & align the relative price (AMM) w/ the other markets"
X Link 2023-09-29T19:25Z [----] followers, [--] engagements

"@XRPvalidators @dexfi_pro @XRPMcGee When an arbitrageur can outcompete all other arbitrageurs while profiting from various prices on separate markets he is successful. The LP is successful if all of the LPTokens burnt due to CAM and accumulated fees outcompete the possible impermanent loss over time"
X Link 2023-09-29T19:29Z [----] followers, [--] engagements

"Spot Price in AMMs based on something we all know and understand (easy mode) "Supply and Demand" 👇 [--] You own [--] XRP [--] There exists an XRP/USD AMM-Pool [--] There is [---] XRP and [--] USD inside the pool (Liquidity) [--] Spot Price = [----] = [--] / [---] 🔸 [--] XRP can be sold for [----] USD [--] You Swap/Sell all [--] XRP for USD 🔸 [--] XRP goes into the pool 🔸 [--] USD goes out of the pool [--] There is now [---] XRP and [--] USD inside the pool (Liquidity) [--] New Spot Price = [----] = [--] / [---] 🔸 [--] XRP can be sold for [----] USD [--] You own [--] USD "Why is the XRP spot price suddenly lower" ✅ Following the swap the pool now has a"
X Link 2023-09-29T21:21Z [----] followers, [----] engagements

"@xspectDS Unfortunately yes because AI LLMs have the ability to improve at processing language. 😟"
X Link 2023-10-01T17:06Z [----] followers, [---] engagements

"Depending on your risk tolerance [--] years might be as reasonable as [--] months. Personally I wouldn't lend LPTokens or take out a long-term loan on LPTokens when tied to the AMM pool and incurring impermanent loss. On the other hand this may be a creative approach to compensate for impermanent loss and neglecting to do so may be foolish. I'm afraid I can't answer that"
X Link 2023-10-01T17:55Z [----] followers, [---] engagements

"@FransZoveel @KhaledElawadi As a LP you have the option of providing single-sided liquidity (just one asset out of two) which would result in the other asset being bought. Or double-sided to keep the pool balanced. To avoid a fall in the price of XRP Ripple would also need to possess the other asset"
X Link 2023-10-01T19:49Z [----] followers, [--] engagements

"@williamtjzhuo No not always. 😅 SDKs are not new and they are not limited to blockchains or DLTs. Examples: 🔸 iOS SDK 🔸 Android SDK"
X Link 2023-10-01T19:52Z [----] followers, [--] engagements

"@FransZoveel @KhaledElawadi @JoelKatz USDC is most likely an excellent stablecoin. I'm curious as to why he believes there are no viable stablecoins available right now. 🤔 What are his criteria to determine if a stablecoin is good or bad 🤔"
X Link 2023-10-02T14:03Z [----] followers, [---] engagements

"Wow What else can I say than "Read this if you want to learn more about xSpectar" 😉 The metaverse scene which keeps growing and expanding will surely be superior to our current lonely web2 experience I am extremely hopeful about the bigger picture 🔥 1/ 🧵The Future of the Internet: social and immersive experiences and communities digital identity ownership and frictionless bi-directional peer-2-peer payments. THE OPEN METAVERSE The xSPECTARverse 🧬 Where 3D VR AI and blockchain meet https://t.co/0jm9ZjmgP9 1/ 🧵The Future of the Internet: social and immersive experiences and communities"
X Link 2023-10-02T18:33Z [----] followers, [----] engagements

"🥳 Congratulations to @JHX_1138 for winning in the category: "Sustainability in Fintech Innovation of the Year""
X Link 2023-10-03T17:46Z [----] followers, [--] engagements

"Yes precisely. 🙂 The "crypto purist" in me agrees with him completely yet look where this has led the entire crypto industry. 😅 "Reality" is simple as stated again yesterday in the the latest @xspectar space: [--] A company wants to develop on a usecase. [--] It searches through [--] chains to see which one would match. [--] Three critical features are required by the firm. [--] Regardless of the other qualities XRPL does not serve all three of those properties. ❌ XRPL was not chosen. [--] If an XRPL feature is absent that is commonly available on other chains XRPL will never be picked. This is precisely"
X Link 2023-10-03T18:53Z [----] followers, [---] engagements

"3/12 2nd Consideration 🔸 Amendment-Block Assuming a 1.12.0-specific amendment is put into effect (like AMM) on the public XRPL how many nodes will not see the light of day 🚫 [---] Nodes"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"4/12 3rd Consideration 🔸 Amount of Change On that front nothing has changed. It is still one of the most discussed and significant changes to the XRPL and its Payment Engine. AMM must exist if you want to see practical "true" DeFi on XRPL. 👍"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"5/12 4th Consideration 🔸 Security and Load No new security audits took place and no new audits are planned so we are left with @CertiK's audit. On the other side the @RippleXDev Engineering Team has FINALLY provided us with the AMM Performance Testing Report. 🥳"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"6/12 [--] A Quick Excursion 🔹 AMM Performance Load Modeling The goal was to keep a 5-second network consensus processing latencyas the capacity threshold. 99.7% of TXs make use of the "Default Path" to make cross-currency payments"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"7/12 [--] A Quick Excursion 🔹 AMM Performance Test Environment Simulated private XRPL environment with [--] nodes [--] validator nodes [--] client P2P nodes interfacing with load generators AWS Infrastructure EC2 z1d.2xlarge Shared LAN 100K synthetic accounts"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"8/12 [--] A Quick Excursion 🔹 AMM Performance Conclusions Under the provided test conditions the most sophisticated "AMM MixLoad Capacity" is capable of little more than [---] TPS. ✅ In the short term XRPL-AMM will not pose a performance risk to the network"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"9/12 5th Consideration 🔸 Personal Opinion A lot of people are still unwilling to give a public AMM liquidity solution a chance claiming that a LOB-DEX is enough. Given the present rate of progress this perspective is unsustainable"
X Link 2023-10-06T22:03Z [----] followers, [----] engagements

"@XRPvalidators @illneil @panosmek @Trust_the_block @JoelKatz Sadly not with a G3M AMM-design w/ a 50/50 balance of weight that matches a CPMM The relative price of the pool will be influenced so much by every swap that it just makes no sense to swap there meaning there will be less fees meaning no liquidity being provided Death-circle"
X Link 2023-10-06T22:16Z [----] followers, [--] engagements

"@XRPvalidators @illneil @panosmek @Trust_the_block @JoelKatz The relative-price changes varies depending on the AMM design. Not all AMM-math formulas can be considered equal. @hmatejx said it best here 👇"
X Link 2023-10-06T23:06Z [----] followers, [---] engagements

"@SEMsolar_WA @JoelKatz Until then my guess is that the "holding back" is merely a gut feeling among the existing UNL-validators. 😅"
X Link 2023-10-07T16:20Z [----] followers, [----] engagements

"@XRPvalidators @illneil @panosmek @Trust_the_block @JoelKatz @hmatejx You are right when phrased that way. 👍 However I would still argue that the volume required to destabilize an AMM-stablecoin-pool with a CPMM model is far too low in contrast to more stable-pool-efficient designs such as Curve. 🙂 Correct or not 🤔"
X Link 2023-10-07T17:18Z [----] followers, [--] engagements

"Yes and no 😅 Functions from other blockchains are not yet already incorporated into XRPL. What I meant was that other chains' capabilities like as AMMs or NFTs require smart-contract functionality to function. However the XRPL rippled-source code lacks smart contracts so how do you add features and integrate them into XRPL to make them function that are typically only known to EVM-based smart contract blockchains like Ethereum Finding answers to this question takes time. Being first is not necessarily wise or desired. Consider all of the rugpulls and security concerns around NFT-smart"
X Link 2023-10-07T17:26Z [----] followers, [--] engagements

"@XRPvalidators @illneil @panosmek @Trust_the_block @JoelKatz @hmatejx You're continually mentioning large swaps and huge volumes. 🤔 What about low swaps that destabilize the pool I don't believe you can just argue against the curve's plotted slope. It just correctly illustrates the issue at hand. 😅"
X Link 2023-10-07T17:55Z [----] followers, [--] engagements

"@daniel_wwf Thanks a ton for the audio version 😇 "dUNL validators are usually not part of the XRPL Cluster" . . is something I was unaware of previously This entirely changes my mind about turning the public XRPL cluster into a profit-making business. 🙂👍"
X Link 2023-10-07T18:05Z [----] followers, [---] engagements

"@msvadari @daniel_wwf It all makes sense now 😀 Thank you for clarifying. 🙂"
X Link 2023-10-07T18:21Z [----] followers, [---] engagements

"@Fayala_brash "my entire net worth is now in this venture" oh my. 😱 I can only hope you continue on your successful path I'm looking forward to seeing your MVP. 🔥"
X Link 2023-10-07T19:29Z [----] followers, [---] engagements

"Well there are reasons for it which I found when I first began writing but I'm still having trouble "solving" it. For example if you want people to comment on your postings you should write either disagreeable or emotive stuff. The same goes for retweets when the purpose of the post is to "learn" anything. Posts with the goal of teaching people something are generally quite specific leaving little room for comments because there is nothing left to discuss. They are also not emotional since emotive posts can blur the content in the name of being "funny." So what's the solution Hitting the"
X Link 2023-10-07T19:55Z [----] followers, [---] engagements

"If I interpret it properly it might be similar to what the Xahau Network is already doing with their governance game design where there are seats and L1/L2-Tables that reflect various parties interested in a shared goal. In general I hope we could work towards such frameworks since some goals are more efficiently reached when they are organized. 🤔 But the pessimist in me says: 🔸 Who pays for it 🔸 Who handles the initial set-up work 🔸 Isn't our community too tiny for such dispersed organizations What are your thoughts on the concept 😀"
X Link 2023-10-08T18:04Z [----] followers, [----] engagements

"@MattRosendin I see the reasoning but wouldn't this increase the difficulty or cost of providing assets because one would have to reissue them on the sidechain or bridge over to it Wouldn't this further fragment the ecosystem and drain mainchain liquidity 🤔"
X Link 2023-10-08T22:10Z [----] followers, [---] engagements

"@MattRosendin Jep that's exactly my concern as well (static weight of 50/50) even though concentrated liquidity sadly will not work In practice concentrated liquidity equals concentrated impermanent loss for most of the providers To improve the next version of XLS-30 requires XLS-47d 👍"
X Link 2023-10-09T00:14Z [----] followers, [--] engagements

"This is a fantastic and important improvement to XRPScan. This way you can simply analyze accounts (including your own) to see how your reserve (locked XRP) is building up and what may need to be done to unlock it. Look around and play around with some accounts. 👇"
X Link 2023-10-09T19:30Z [----] followers, 10.9K engagements

"🤔 [---] Basics How to Frontrun the XRPL 🔸 Sell XRP or tokens that you don't have Submit two transactions concurrently: The 1st to buy tokens or XRP The 2nd to sell the tokens or XRP [--] Buying ahead of the victim [--] Victim buys at a greater cost [--] A sale after the victim"
X Link 2023-10-09T20:33Z [----] followers, 13.3K engagements

"@immortal_5a @WKahneman For bots to flood the ledger w/ trial & error transactions [--] seconds is still an eternity. It either works or it doesn't which is somewhat mitigated by the XRPL canonical TX ordering and the XRP LCP (consensus) but still quite significant: About 66% success probability"
X Link 2023-10-09T20:52Z 13.8K followers, [---] engagements

"@husseinb @XRPLLabs I also like to throw in this solution that Bob suggested once in a while which I believe could work (big question mark 😅) I'm not sure how difficult that would be to implement or what the downsides would be. Perhaps efficiency 😅"
X Link 2023-10-09T21:53Z [----] followers, [---] engagements

"@xspectDS Fair point 👍 I would still argue that the nuances are slightly different but you are clearly correct that an impermanent loss can be viewed as a loss in reality when you are unable to withdraw the same amount you initially put in"
X Link 2023-10-11T08:20Z [----] followers, [---] engagements

"@xspectDS @MaraisGhasan Absolutely right. 👍 Every AMM design has two fundamental flaws: 🔸 Capital Inefficiency 🔸 Impermanent Loss Every design decision and approach is intended to mitigate these two issues as much as possible"
X Link 2023-10-11T08:41Z [----] followers, [---] engagements

"@xspectDS @MaraisGhasan Yes @XRPvalidators. 👍 There are clearly "moves" that result in impermanent advantages for example since instead of holding [----] XRP you could "hold" [---] XRP & [---] USD in a pool making you less vulnerable to a depreciating price for XRP alone in case the market shifts"
X Link 2023-10-11T09:25Z [----] followers, [---] engagements

"@HammerToe @daniel_wwf Interesting 🤔 Is there any way you could double-check that and see if you can see a bot actively front running you I suppose it would be helpful (for us) to better visualize what is going on and learn. 🙂"
X Link 2023-10-11T13:41Z [----] followers, [---] engagements

"@ShortTheFOMO Haha 🤣 That is indeed true; 😅 I have read that from various community members before and now from the ETH folks as well so it appears that the term "impermanent loss" is not an accurate depiction of reality"
X Link 2023-10-12T06:26Z [----] followers, [---] engagements

"An excellent overall overview of the XLS-30 AMM. 👍 The G3M-architecture is fine though. 😉 The static 50/50 weighting with a fixed price of $1 per XRP is what wouldn't work with a pool of [----] USD and [--] XRP in reality. 😛 In this scenario the pool should include either [----] USD and [----] XRP (1 XRP = $1) or a have a different relative price. Otherwise there would be a ridiculous arbitrage opportunity because the relative price of XRP/USD would be $100 in this case"
X Link 2023-10-12T12:35Z [----] followers, 49.2K engagements

"With AMMs you always have many asset-pairings (liquidity pools) to deposit into resulting in a relative price that is generally in line with the price you know from centralized exchanges. In this case USD is used since the asset pair was XRP/USD. Other asset-pairs that mimic other fiat currencies (e.g. XRP/EUR) will exist but only as tokens (stablecoins) on the blockchain. In this example [--] XRP was $1 for simplicity reasons to demonstrate the behavior of such pools with fictitious numbers. In practice arbitrageurs ensure that the relative-price of an AMM-pool such as XRP/USD constantly"
X Link 2023-10-12T16:17Z [----] followers, [---] engagements

"I actually published a rather lengthy piece about dangers and what to avoid here (@idO91X): In general what this is all about is impermanent loss which is better described as "opportunity loss" in comparison to just retaining your holdings. When you deposit XRP into an XRP/USD pool you no longer possess 100% of your assets in XRP but rather some in XRP and some in USD based on the weighting. (in the form of LPTokens) Knowing this it may becomes moreclear that if the price of XRP rises substantially while you are holding your liquidity position in the pool you will suffer a significant loss of"
X Link 2023-10-12T16:41Z [----] followers, [---] engagements

"I know I was rather loud in the past in support of the "Clawback" function and I still consider it valuable and important. According to a "request" from TradFi there will be firms like PayPal that just do not want a token out in the open with no "Clawback" capabilities; thus we will not reach those if "Clawback" does not make it into the code. On the other hand we know that the "Clawback" feature would allow people to rugpull an AMM pool which is why a "Clawback"-enabled token will not be allowed to be placed in an AMM pool. Because the future of DeFi is strongly dependent on AMM pools to"
X Link 2023-10-14T20:10Z [----] followers, 12.8K engagements

"That's what "trust" means. 😅 The entire point of decentralized systems and the XRPL in general is to be "trustless". I realize this still may be unreasonable so allow me to ask the following question: What is your definition of "trust" What must occur for you to trust a corporation that issues a clawbacked enabled token"
X Link 2023-10-14T21:00Z [----] followers, [--] engagements

"@KhaledElawadi True but that's your perspective and I completely get that but I see others disagree and as previously said a clawback-enabled stablecoin cannot be used in an AMM-pool making the stablecoin incredibly illiquid in terms of DeFi. 😅"
X Link 2023-10-14T21:21Z [----] followers, [--] engagements

"@illneil Interesting So not allowing clawbacked tokens into an AMM pool is something unique to XRPL I'd like to see some long-term statistics on this and whether the choice to not allow it to operate together was correct. 🤔"
X Link 2023-10-14T21:28Z [----] followers, [---] engagements

"I'm not sure how to break it to you but a stablecoin with the clawback option activated cannot create liquidity via an AMM-pool. 😅 A clawback enabled token would not be a token in which I would invest my money these days just saying. So for me rather than security there is risk"
X Link 2023-10-14T21:41Z [----] followers, [--] engagements

"@KhaledElawadi In the instance of the XRPL a stablecoin with the clawback function activated could only obtain liquidity via the LOB-DEX and not from the AMM. If you believe this will suffice that is OK. This in my opinion will be an important drawback"
X Link 2023-10-14T21:50Z [----] followers, [--] engagements

"No. A clawback-enabled token in my assumption will remain illiquid since it can only draw liquidity from the XRPL-LOB-DEX and not from any AMM pool. There is no problem if you believe this will be sufficient for a token to be liquid. Otherwise the conclusion is that the issuer (probably 😅)will opt for an EVM-token issuance"
X Link 2023-10-14T21:55Z [----] followers, [---] engagements

"@XRPvalidators @Vet_X0 True however many people claim that if a token lacks this feature it will not be issued on the XRPL. Because the clawback capability is incompatible with XLS-30 a token issued by a large corporation will not make its way onto the XRPL. I'm not sure where to go from here. 🤔"
X Link 2023-10-14T22:29Z [----] followers, [--] engagements

"In any case pure stablecoin-pairs on the XLS-30 are wishful thinking G3Ms with 50/50 weighting are not intended to be compatible with pure-stablecoin pairings The price curve and associated slippage are terrible for pure-stablecoin-pairs on XRPL which is why Curvev2 is so common"
X Link 2023-10-14T22:33Z [----] followers, [---] engagements

"@StraitsX @RippleXDev First of all thank you a ton for that Insight. ❤ Because I kinda started that topic what is your opinion on not being able to join AMM-pools while having a clawback-enabled (stablecoin) token out in the wild Is that an issue for you or not (Thinking about liquidity here)"
X Link 2023-10-14T23:12Z [----] followers, [---] engagements

"@sentosumosaba @MariaShen @ElectricCapital @XahauNetwork It's hard to argue against EVM. When I believe WASM (XAH & XLM) or Radix Engine (XRD) are the future I am reminded that EVM is the undisputed ruler. 😅"
X Link 2023-10-14T23:45Z [----] followers, [----] engagements

"@Vet_X0 @ShortTheFOMO Thank goodness I'm just a strange adjacent with no voting power. 😆 I'm sure I'd bring a lot of drama to the polling booth hehe. 😉 As always the more arguments that take place the better so a little drama is all I want to spice things up. 🔥🔥"
X Link 2023-10-15T00:01Z [----] followers, [---] engagements

"I must respectfully disagree here. First of all the term "quality" is quite vague and I have had multiple debates about it with the final outcome always being subjective. But it isn't my major point. The issue I'm attempting to highlight is that assets tied to a LOB-DEX only require market makers to initially kickstart liquidity (the chicken or the egg). This is something that TradFi is already aware of but it is far worse for DeFi. You may argue that large companies like Circle do not require an AMM to provide adequate liquidity to the market but what about startups and small token issuers"
X Link 2023-10-15T16:05Z [----] followers, [---] engagements

"Thank you for those examples 🔥 That makes perfect sense from that perspective but as far as I know such usecases are already achievable with NFTs. Is there anything you want to accomplish using fungible (clawback-enabled) tokens that you couldn't already do with NFTs (Or subsequently URITokens) You could apply the following NFT flags to mimic the behavior: 🔸 lsfBurnable - enabled 🔸 lsfTransferable - disabled"
X Link 2023-10-15T16:32Z [----] followers, [---] engagements

"@illneil @Kashta9 @WKahneman @Vet_X0 That is very accurate. 👍 I may also imagine that the impermanent loss for most liquidity providers is still too great to even consider therefore most potential liquidity is not offered. But consider the liquidity without an AMM. 🫤"
X Link 2023-10-15T17:29Z [----] followers, [---] engagements

"From a UX standpoint we two might () not be concerned with how we utilize our digital USD representation (stablecoin token). Technically a PayPal-issued USD is not the same as a GateHub-issued USD though. (Different trustlines) They may serve distinct use cases or markets as you rightfully said have different backings and have a varying let's say "trust factor." It's only that a PayPal-USD stablecoin with clawback enabled may not be as liquid as the other tokenized version of USD. (added friction)"
X Link 2023-10-15T17:39Z [----] followers, [--] engagements

"The clawback function is enabled for the issuing-account of a token by its issuer Accounts (you & me) will then hold tokens issued by the issuer who implemented this functionality as its very first step These tokens (which are tracked in configured trustlines) are then "clawback-enabled""
X Link 2023-10-15T17:54Z [----] followers, [--] engagements

"To prevent yourself from being scared off by what it enables and to put things in the proper context for oneself to think about I feel it's crucial to be aware that this is NOT a feature "intended"for DeFi. 🔸 Cannot be used with XRP 🔸 Cannot be used in tandem with AMMs. 🔸 Is severely limited in terms of how the feature must be approached in the first steps of issuing a token. 🔸 Cannot be activated retroactively 🔸 Will most likely be "tagged" in the same way as blackholed accounts are on numerous XRPL-explorers. Having said that it makes more sense to look at this only from the"
X Link 2023-10-17T13:48Z [----] followers, 16.5K engagements

"Source 👉 Clawback Your Fungible Tokens (IOUs) at Apex [----] - Shen Yuan (Shawn) Xie @Ripple / @RippleXDev 🔗"
X Link 2023-10-18T22:38Z [----] followers, [--] engagements

"To benefit token holders and enhance the likelihood of institutions making use of the XRPL Clawback must be implemented and here's why: 🔸 Trust & Safety for CBDCs 🔸 Compliance & Control 🔸 Ease of mind in terms of UX 🔸 Adaptability in fixing prev. irreversible issues"
X Link 2023-10-18T22:40Z [----] followers, [----] engagements

"@msvadari @intelliot From what I've heard it always seems to be crunch time at RippleX Don't put yourself under too much stress. 😉 Burnout is no fun i can tell you that"
X Link 2023-10-19T00:21Z [----] followers, [--] engagements

""Clawback" is a well-known compliance mechanism that is already available on other chains. On XRPL it will only function with tokens/trustlines and will not work with/on XRP AMMs NFTs or URITokens. It will mostly be utilized in two ways: Legitimate institutions ✅: 🔸 Before issuing a new token configures an XRPL-issuer account to enable this capability. 🔸 In the event of a legal disagreement an institution would almost probably first freeze the tokens in your account and then claw them back if the legal action resulted in such a scenario. 🔸 If you lose your keys get hacked or accidentally"
X Link 2023-10-19T18:07Z [----] followers, [----] engagements

"🚨 Definitely worth reading especially the mitigation approach described which does not require any more code changes to be made while minimizing the potential of frontrunning. Will it be enough to put an end to the XRPL's frontrunning transactions Certainly not but it is as is always the case one step toward a more solid solution one day"
X Link 2023-10-19T19:26Z [----] followers, [----] engagements

"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 👇"
X Link 2023-10-20T20:09Z [----] followers, 82.2K engagements

"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"
X Link 2023-10-20T20:09Z [----] followers, [----] engagements

"3/29 [--] Why do we need AMMs We want to be able to buy and sell assets whenever we want which is why Market Makers are so important Liquidity will be added and new usecases will be available on the XRPL . . "
X Link 2023-10-20T20:09Z [----] followers, [----] engagements

"4/29 [--] Why do we need AMMs . . . (David's own opinion): 👉 Volatility "Harvesting" is possible This means that traders usually only trade when prices change dramatically which an AMM profits from due to fees"
X Link 2023-10-20T20:09Z [----] followers, [----] engagements

"5/29 What distinguishes the XLS-30 on the XRPL from other AMMs 1) CAM (Continuous Auction Mechanism) 2) Low-cost and quick transactions 3) Linkage with the LOB-DEX 4) Natively integrated into the ledger"
X Link 2023-10-20T20:09Z [----] followers, [----] engagements

"6/29 What is the current state of research among academics At the moment active research is being conducted: 👉 XLS-30 vs. Uniswap Impermanent Loss (IL) Comparison Reports on this topic will be published this year"
X Link 2023-10-20T20:09Z [----] followers, [----] engagements

"24/29 Slippage Tolerance (David) The slippage tolerance should be as automated as possible so that the user/trader is not aware of it 👉 The slippage tolerance should be automatically adjusted to be as low as possible while remaining as high as necessary"
X Link 2023-10-20T20:09Z [----] followers, [---] engagements

"25/29 Roadmap (Sophia) 🔸 On the horizon for the coming year: More tests & planning are underway in order to carry out realistic model tests 👉 Special instances (edge-cases) involving consensus should be investigated in order to reduce latency for the validators"
X Link 2023-10-20T20:09Z [----] followers, [---] engagements

"26/29 Clarification on the amountof code (Aanchal) 55% of AMM-codeare tests designed to ensure that the AMM functions properly Only around 45% of the remaining code is functional code that describes how the AMM works"
X Link 2023-10-20T20:11Z [----] followers, [---] engagements

"27/29 [--] Dreams & Wishes (David) We should be more proactive in removing validators from the dUNL who are not actively participating in the governance process (amendment voting) . . "
X Link 2023-10-20T20:11Z [----] followers, [---] engagements

"28/29 [--] Dreams & Wishes (David) . . . David would also like to see more active validator nodes of high quality so that they may be included to their dUNL"
X Link 2023-10-20T20:11Z [----] followers, [---] engagements

"29/29 I write about DLT and crypto but primarily about XRP and the XRPL-ecosystem. 🔥 If this interests you and you want to learn more please follow me here: @krippenreiter Feel free to contribute by sharing here 👇"
X Link 2023-10-20T20:11Z [----] followers, [----] engagements

"There is no deadline for it to be voted on. 🙂 It is also vital to note that a "No" is the default option for every (UNL)-validator node even if the operator believes otherwise. For example he may want to vote in favor but is still hesitant because there is no way to vote "neutral" until his issues are handled. The current status of the amendment is as follows: 🔸 [--] Yeas 🔸 [--] Nays (or Neutral)"
X Link 2023-10-20T20:37Z [----] followers, [--] engagements

"@XRPvalidators A little longer than I had planned. On paper it seemed to be much but after writing all that oh my. 🥲 I had no intention of writing that much. The next one will be much smaller. 😅"
X Link 2023-10-20T20:44Z [----] followers, [--] engagements

"I now have some spare time to reply to your very clever questions. 😇 1) We don't since this is a permissionless network with pseudonymous node operators. They just don't enforce the delay in any manner. It is up to us and the currentUNL-validators based on the metrics they gather to determine when it is time to "let some of them go" (amendment-block) You should also keep in mind that "not updating" is also a statement to reject the most recent code-base for the time being. 2) Technically in order to keep the ledger moving forward you "only" need 80%+ of the current UNL-validators to be up to"
X Link 2023-10-21T00:28Z [----] followers, [---] engagements

"4/14 [--] Basics There is no deadline for voting on XLS-30 so don't be concerned that we will miss a crucial day. The only way for XLS-30 to be totally rejected is if the whole XRPL-dev-community (@RippleXDev included) decides to remove the AMM-source code entirely"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"5/14 [--] Basics 🔸 So how does one enact AMM on the XRPL To be enabled amendments must have [--] weeks of continuous support from more than 80% of the current UNL-validators. Yes votes may change. 😉👍 With [--] active UNL-validators we need [--] supporters. (829%)"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"8/14 3rd Argument 🔸 Spamming/Flooding the network with (un)intentionally badly written scripts Historically this has happened with trustlines thus it is realistic to expect this to be an issue. ❌ Transaction throughput would be severely impacted"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"9/14 4th Argument 🔸 Front-Running the XRPL We're back to the 3rd argument but this time it's about FR the ledger. A faulty script would result in an abundance of unsuccessful transactions which we'd prefer to keep to a minimum. ❌ Failed TXs & Fake trading volume"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"10/14 5th Argument 🔸 Unknown Edge-Cases They are unknown because they only become noticeable after a specific length of time has passed and certain stress tests have been performed. ❌ Unknown vulnerabilities that might impact network performance"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"11/14 6th Argument 🔸 Reliability of @CertiK's Security Audits July [--] [----] 1st Audit 🔹 [--] findings (0 were critical or major) July [--] [----] Critical Bug (#4626) 🔹 Inconsistent ledger state August [--] [----] 2nd Audit 🔹 [--] findings (0 were critical or major)"
X Link 2023-10-22T21:53Z [----] followers, [----] engagements

"@AverageJohnXRP The first step in my opinion should be to stop making foolish claims like "XRP is just a gas token." Embrace the coin and build around it so that new developers have a reason to join the ecosystem. The self-hatred and insane toxicity must also go"
X Link 2023-10-22T22:26Z [----] followers, [---] engagements

"@e_michaels1 It is not possible to place "clawback-enabled" tokens into AMM-pools. These are two separate amendments that are incompatible with one another"
X Link 2023-10-22T22:39Z [----] followers, [---] engagements

"@MaxEntropyy @KristinDack Here is the whole XLS-30 specification that you are missing: Also here's another way to read the specification:"
X Link 2023-10-23T11:18Z [----] followers, [---] engagements

"Thank you for mentioning me in your most recent video @sentosumosaba ❤ Things that are doubtful to happen: 👉 Tether publishing real-time reserve data in [----] 🤣"
X Link 2023-10-23T17:16Z [----] followers, [----] engagements

"I just got something in the mail today. 🥳 What do you guess it is 😉"
X Link 2023-10-27T21:21Z [----] followers, [----] engagements

"Congratulations to @xspectDS and everyone else who snagged a "seat" at one of the large "L2 tables." There are currently two levels of tables that exists: 🔸 Level [--] (L1) Table [--] seats 🔸 Level [--] (L2) Table [--] seats per table A Level [--] table can be represented by an individual validator such as @XRPLLabs or by having one seat out of twenty on Level [--] representing one Level [--] seat like @xspectDS will do"
X Link 2023-10-29T19:04Z [----] followers, [----] engagements

"Ripple like every other enterprise makes use of the XRPL. There is no way to tell for sure what they are doing or not doing (or holding except escrow) until we know every single one of their XRPL-addresses even if every transaction on the ledger is transparent. The "Ripple Data API v2" has also been deprecated since March [--] [----] making it highly unlikely that the data obtained is still reliable. I have to presume that the "undistributed" data aka "Aggregate amount of XRP held by Ripple (the company)" is highly unlikely to be authentic. Nonetheless congrats if Ripple was able to sell 4"
X Link 2023-10-29T21:57Z [----] followers, [----] engagements

"As you may have seen elsewhere on X the @XahauNetwork has just launched but this thread is something special that you should all read to get the basics correct. 👍"
X Link 2023-10-31T15:47Z [----] followers, [----] engagements

"ISO [-----] is a financial dictionary that allows people systems & organizations to all speak the same language since the vocabulary is understood by everyone. It all comes down to communication & messaging. Here is a must-read crypto FAQ w/ everything you need to know. 👇"
X Link 2023-10-31T15:59Z [----] followers, [----] engagements

"@FFDK_17 Danke dir 👍 Die Thematik wird heier gekocht als sie ist. Sobald Ripple die IPO durch hat kann jeder wieder selbst "nachforschen" weil Ripple ihre XRP Bestnde ffentlich machen muss"
X Link 2023-10-31T19:40Z [----] followers, [---] engagements

"Do not interact w/ any XAH token on XRPL right now"
X Link 2023-11-01T11:41Z [----] followers, [----] engagements

"@msvadari @Vet_X0 @JoelKatz @NormHerb @xspectDS @zeus_one_ @jungleincxrp @woj4ke @X__Anderson @Leerzeit @jungleincX @RichardXRPL @XahauNetwork @ietf That's unfortunate. I'm hoping for synergies because SATP will undoubtedly be the standard method for connecting assets across chains. @JustATechGuy_ Do you happen to know when the work on SATP began The first commit I found was Jul [--] [----] on the GitHub repo CxSci/IETF-SATP"
X Link 2023-11-01T13:17Z [----] followers, [---] engagements

"@tungle3010 To put it simply most people talk about "tokens" when they mean "issued assets." Wrapped tokens are usually meant to bridge a native digital asset from one chain to another because the native asset can never leave the underlying blockchain. XRP (XRPL) -- wXRP (Ethereum)"
X Link 2023-11-01T14:50Z [----] followers, [---] engagements

"The burning process has begun and we are now at 0.0117% of the initial XRP burnt. Let's see how close we can go to my 1% estimate. 😉"
X Link 2023-11-01T18:21Z [----] followers, 21.8K engagements

"Just came across a popular @NetworkChuck video on how to get into the "dark web." You - VPN/SSH - Tor Please do not use a VPN before connecting to Tor's initial hop. You will always have a single unflexible permanent entry or exit point. Your objective should always be to blend in as much as possible with others. That is you should configure your Tor browser similarly to most others: Use the same OS as most others Avoid standing out You - Tor - VPN/SSH Works if you're a casual surfer who hasn't been exposed to Tor for too long or too frequently and is technically knowledgeable enough to"
X Link 2023-11-03T07:49Z [----] followers, [----] engagements

"I'd be shocked if they didn't especially after viewing the Ripple Swell video posted by @sentosumosaba. One must also remember that Stellar's current AMM-design does not solve for pure stablecoin/fiat pairings just asXLS-30 will not do at first. Because of the substantial price impact on the AMM-pool-pairings relative pricing CPMM is simply not designed for pure stablecoin pairings. Having said that I'm not sure why Moneygram would compliment their (Stellars) AMM-solution so highly in comparison to ODL from Ripple unless it's for political reasons"
X Link 2023-11-04T18:26Z [----] followers, [----] engagements

"Yes my thesis is based on XRP being the de facto digital asset with the greatest liquidity. 👍 It does not have to be the sole reserve currency for this but rather the currency that offers more trustless neutral and counterparty-risk-free FX-pairings with less FX-volatility in contrast to illiquid trading pairs due to its vast liquidity. Consider exotic currencies and their illiquid counterparts. If introducing more pairs solves the problem of illiquid markets so be it. If you feel this is irrational then the point is yours. 🙂"
X Link 2023-11-05T15:44Z [----] followers, [--] engagements

"These banks' exposure to XRP is [--] seconds per ledger finality time. The FX rate is also predetermined and set for a specific period of time as well (as is already usual practice and maybe known on other occasions such as with fintechs like @Wise). With ODL banks may use XRP on demand rather than holding it for an extended period of time. Permissioned and DLT-only platforms will never provide: Neutrality Low FX volatility Free of counterparty risk Permissionless Trustless Decentralization High and publicly accessible liquidity So where does the phrase "banks will give up insane amounts a value"
X Link 2023-11-05T16:49Z [----] followers, [---] engagements

"There is no reason to restrict this because those pools are also useful. The most liquid pools will be those that are the greatest at concentrating liquidity and are free of counterparty risk. The difficulty with USD/PESO pools is that there will be numerous of them due to the many possible issuers of those tokenized assets. This is not the case with XRP"
X Link 2023-11-06T09:47Z [----] followers, [--] engagements

"Something to riddle about which @JoelKatz wrote on May [--] [----]. It's about consensus as a service and the "Byzantine generals problem." In another post he finds that "Practical Byzantine Agreement" is the concept behind how ILPv1 (RippleNet) operates. 🙂"
X Link 2023-11-07T08:29Z [----] followers, [----] engagements

"I can't wait to discuss one of my favorite topics: XRPL AMM. Following the recent space w/ @RippleXDev & @Vet_X0 there are definitely some things that were new to me that I may have the chance to talk about as well. I'm also honored to share a stage with such amazing brains"
X Link 2023-11-07T13:21Z [----] followers, [----] engagements

"I don't own any XLM but that's fantastic news for Stellar in general. I've only scratched the surface but I wouldn't be surprised if some of what they published might serve as a source of ideas for the XRPL ecosystem as well. Let's find some common ground & collaborate"
X Link 2023-11-13T17:53Z [----] followers, [----] engagements

"@thezloi @xrpmickle Yes @Peersyst's EVM-sidechain will be an XLS-38 (XChainBridge) enabled Network that connects to the XRPL mainchain (Locking Chain). The same goes for any copied CBDCL that has been explicitly prepared for XLS-38 before being released"
X Link 2023-11-20T21:48Z [----] followers, [--] engagements

"@daniel_wwf "Asking Ripple to give Audit report" checks notes . is a bad thing 🤨"
X Link 2023-11-24T11:23Z [----] followers, [---] engagements

"Because there is a genuine need for it as David himself stated (see your own retweet). Ethereum (EVM/solidity) smart contracts are also quite distinct from lightweight WASM-based hooks thus it's unclear whether the assumptions are still correct. Because XRP is a gas token for the XRPL. It is not though only a gas token for business purposes because there are things like cross-border/cross-currency payments and/or micropayments. Please distinguish accurately. Can't talk about their egos or personalities. We are emotional wrecks regardless of the network. (me included)"
X Link 2023-11-25T01:46Z [----] followers, [---] engagements

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