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If you sign the same address repeatedly the security?
and/or if you sign messages with the same address priv key as well does this weaken the security
if so...by how much?
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Absolutely I agreed with you on scalability issues of bitcoin has to be resolved once and for all else investors will look for other alternative which is ripple, and bankers are massively adopting this coin which I believed is a threat to bitcoin.
When it looks like the wheels are about to fall off something you don't put the price up but that is just what the BTC miners have done and was the development team any good then instead of filling there pockets they just need a little code to choke back on data hitting the block-chain without ripping us off. This lead me to look more closely at lightning and I don't like what I see and we get hubs charging fees and can force you to settle up the account and pay $25-45 to the miners. Hubs are banks, make no mistake about it and they have already tried to play the "Virtually free transactions fees" card so they can stick it when trying to play it again. I want to see a cast iron fee structure and not "Market Decides" because that has lead to a monopoly in BTC where 10 big miners control 90% of transactions and we have silly fees See https://blockchain.info/pools BTC needed to make its blocksize bigger even if fractionally deal transactions. They have refused to do this. Further it seems the LN will have a settle up cost that can be very high....to NO2X was a mistake. Anyway....its amazing to see the first mover advantage given away so spectacularly. |
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Who is actually buying Ripple?
Where has this demand actually come from?
its good for interbank transfers and capital movement. Eg its farily good to get you funds from one exchange to another in XRP |
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So you can not withdraw ADA from Binance, and cannot sign up as a new user to bittrex
this sort of makes it trapped in the exchanges....seems a bit risky.
Does any one have an eta on when Binance issue will be fixed?
You would have thought IOHK would have given support to Binance to fix the issue
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ripple is not a crypto, its not permissionless
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well nem is about the on high value going up crypto that works
BTC fees to high network congestion
ADA can not withdraw from binance cant sign up to bittrex
IOTA error slow droping
LTC dropping
RIPPLE not a crypto
ETH overrun with cryptokitties
NEM is the only on left that gains massively in value, is a crypto can send quickly and cheaply.
its likely nem market value is more realistic, and so relatively under valued
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how does dash feel about ada ... given its seems to replicate the governance model.....
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It seems after watching the white board by the CEO? lumberjack guy, that meta data will be baked in or at lease a feature to identify people/entities and banks say can demand this.
I am wondering if this will cause ADA/Card to be come completely non fungible and so end up as gov/bank coin at least as to store of value/transmission of value.
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no its more how do you short BTC.....because you can't forward 100% sell without already taking physical delivery or risk being reneged on. A few legacy trading houses are going to find this out....the hard way.
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I am hanging for a dump .... but it just hasn't happened yet ....
I don't get why ada....is where it is atm.....I just doesn't seem to offer anything new.
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do you understand this is about the UNL issue, and the only way to decentralize is to make joining the UNL up to anyone, and permission less. they have given no way of doing this yet. Thats one of the break through of hashing and pos minting. Anyone can join (though I accept hashing has become specialisef the point is it has is switched of other can choose to join, with the UNL you have to be added). further look at what ripple say This is misleading because pool are composed of many many actors who can choose to withdraw hash, and new pools can arbitrarily form in a permissionless manner. this side of the argument is completely glossed over. what is Ripples plan to make to make the UNL permission less. I think this is where dash will take out ripple, they can afford the hardware to brute force and be as fast as ripple, which is what ripple is kind of saying a UNL must be, high powered / speced hardware (and trusted). a dash holder with 1000 Dash is incentivised to run good hardware and must be a good actor (once the ping problem is solved if it has not already) that said I don't know if Dash can scale. A better example is probably NEM, where they appear to have 1000~4000 TPS already and masternodes. It maybe NEM overtakes ripple |
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1. XRP is not a cryptocurrency, it is a token issued by a private company on a private blockchain. No POS, no POW, just a private blockchain. 2. This means it was created from thin air, then sold to noobs around the world. 100% premined, mining difficulty = 0 3. even USDT is better: it is covered by real fiat, and mining is indirect (Omni blockchain) but it is also centralized. And because of that, Tether has already frozen USDT assets. Exactly like Ripple, Tether is the only fiat gateway to USDT. 4. Ripple has frozen assets twice and they will do it again. Freeze 1: The original Ripple Trade web wallet was pushed to gatehub. They now hold funds hostage by asking for KYC. Using terrorist bullshit excuses. https://gatehub.net/legal/termsSimilar scenario can happen anytime!!! Imagine North Korea or ISIS using Ripple to transfer money!! They will (be forced by US Govt.) freeze funds ASAP and require KYC from everyone or worse. This would result in an epic dump. Not because most people are criminals but because it will be EVIDENCE that they contol the funds. Freeze 2: http://insidebitcoins.com/news/not-so-decentralized-ripple-freezes-1m-in-user-funds/31862In order to “avoid and mitigate irreparable harm and damages” to the value of XRP, a Ripple Labs agent went on the Bitstamp gateway and placed an order paying $1,038,172 for McCaleb’s stash of XRP, according to a report by CoinDesk.They even admit they can freeze assets anytime: https://ripple.com/build/freeze/The XRP Ledger gives addresses the ability to freeze non-XRP balances, which can be useful to meet regulatory requirements, or while investigating suspicious activity.---------->>>>> don't you think XRP would drop like a rock, if a major "non-XRP" freeze is ever published?! How delusional can shills be? 5. Ripple network works fine without XRP. Ripple fanboys, so delusional, cannot understand this? OK. Imagine for a moment, XRP was needed. But XRP is expensive. And XRP is private blockchain. Why should Ripple be super stupid to use expensive XRP? They can create another private blockchain with another 100 000 000 000 tokens (I will call it Shittle STL) and just use STL for operations. No public blockchain can do that, but Ripple can do it, from one day to the next. Then you own useless XRP - but they are not a share. No voting rights, no ownership in Ripple Labs, nothing. STL will be private, used by banks, and Ripple, and you can do fuck all about it. Good luck, you have been warned. ALSO THE UNL, they can choose if you can be a processor, UNLIKE a POW or POS where anyone can join in. This means processors are complete subject to not only government action, court writs but also corporate policy. Its not a crypto currency. |
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I don't like ripple
its completely amenable to a writ, or gov action they can just shut down one of the few processors or determine who gets on the UNL.
Essentially if the processors don't add you to the UNL, and its completely discretionary, this means anyone can choose that you not join the system.
Contrast this to BTC or POS coin, no one can stop you hashing or minting.
Perhaps ripple is as close to a .gov coin as you can get or at least more of that class.
I hold ripple but more through mistake than choice. also it was 5000~4000 XRP to BTC, and its still about 1/2 that now....
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UnitedBitcoin' s forking procedure is unique. It has an automatic and a manual part, and the manual part, we can do until January 3, 2018. Everybody is eligible for UBTC, just send us an e-mail with "Claim UBTC" before January 3, 2018 and you will get an equivalent amount of UBTC depending on your BTC balance. The ratio is 1:1, meaning if you have 2.7 BTC you will get 2.7 UBTC. UBTC has already been added to the website. More information about UnitedBitcoin can be found on: http://ub.com CREDITS QOINPRO Everybody is eligible for UBTC, just send us an e-mail with "Claim UBTC" before January 3, 2018 and you will get an equivalent amount of UBTC depending on your BTC balance. The ratio is 1:1, meaning if you have 2.7 BTC you will get 2.7 UBTC. UBTC has already been added to the website. no. read it https://www.ub.com/project/getHow to get? During phase #2, the UB chain is operational, thus UnitedBitcoin can only be manually distributed by UB.com on behalf of the UB foundation. Users can submit their TXID to UB.com and the claim for UB will be processed within 30 days. NOTES a) If your wallet contains a large number of addresses, please send all your BTC to one address first; then transfer a fraction to the address itself (0.0001 BTC is ok) b) If you don’t know your sending address(es), create a new address and transfer all your Bitcoins to it; then transfer a fraction to the address itself (0.0001 BTC is ok) Afterwards, find your BTC transaction ID (TXID) and submit it to UB.com How to use? Visit UnitedBitcoin’ s official website UB.com, download our wallet and synchronize the blockchain; For safety, after the fork, transfer the coins in your Bitcoin wallet to another wallet and import the private key to your UB wallet. You should wait for UB from foundation and then you will be able to see your balance and start using the UB. NOTES The fork will be processed by UB automatically, and your UB coins will only be usable after the first block has been mined. |
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Am starting this thread to discuss this coin and the claims process
particularly how to claim in phase 2
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Can some one clarify how to claim BTC UNITED in the second phase? It really unclear from the website:: Eligibility All users with Bitcoins who failed to get UnitedBitcoin in Phase #1, and who make at least one transfer to his/her own Bitcoin address between Block 498777 and Block 501878 (12 December 2017 to 12:00 on 3 January 2018 GMT). Only address balances at the time of the fork will be considered for post-fork crediting Only the original address can make the transfer to itself The receiving address must have a prior balance of more than 0.01BTC, and must be used as one of the sending (input) addresses so do they mean [1] for an address that you owned at the fork BTC block height #498777 [2] you have to send some bitcoin between [ 498777 and Block 501878] to said address in [1]. [q1] do they credit you on the basis of the funds at the block height #498777 ? regardless if you have emptied them since? [q2] the private key for owned address is used? Further confusion is here the bitshares united below, is this a seperate claiming mechansim for same coin because they seem to say jsut yuse you priv key....? see below https://steemkr.com/btc-u/@nickeles/bitshares-united-is-the-better-option-for-the-future-of-bitcoinhttps://steemit.com/btc-u/@nickeles/bitshares-united-is-the-better-option-for-the-future-of-bitcoin |
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gotta say NEM and LISK held the longest in the big coins against BTC in this drop
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OK
So why does POLO take so long to process lisk deposits and withdrawals, while Binance can do it in minutes
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ITS a very narrow window to claim in and a very messy process.
move coins twice to same address (pay fees 2x)
claim with txid
move coins to safety of new wallet and addresses
nothing could go wrong!
its almost as if they don't want people to claim!
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In retro spect ( understand this cannot happen now)
would it have been better if masternodes could be run worth say 100 coins when price goes above a certain amount.
Would this encourage more masternodes, and so more distribution and less centralisation?
what do you think
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