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Author Topic: [ANN] Ripple is officially open-source! w/link  (Read 15713 times)
Anon136
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February 10, 2014, 01:34:02 AM
 #121

there may be a better place to ask this but sorry im not sure where it is. how do gateways deal with the legal ramifications of issuing securities. as i understand it this is how ripples decentralized exchange works. a person issues promises to meet a condition and those promises trade on a market until someone submits one of them to the issuer to be honoured. do i have this right? do you guys comply with sec? do you not think that you are obliged to? or do you think that you are but try to fly under the radar?

That's an interesting question. My guess is individuals aren't obliged to any compliance just like miners aren't, but most important gateways will be entities which should be. It's a little too soon to ask these questions, and if it takes as long for ripple to get noticed as for bitcoin it wouldn't be for another two years till ripple is where Bitcoin is now.  

The most straight forward answer would be if a gateway issues his own IOUs in one currency it must be compliant to the laws of the country issuing that currency.

thanks em that was a helpful reply. I'm tentatively unblocking you.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 10, 2014, 03:59:48 AM
 #122

I bet it is open source with closed source attributes, like OSX.


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mah87
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February 10, 2014, 07:50:02 AM
 #123

I bet it is open source with closed source attributes, like OSX.



You bet wrong
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February 10, 2014, 08:13:30 AM
 #124

I bet it is open source with closed source attributes, like OSX.



You bet wrong

lol
thejepper
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February 10, 2014, 09:09:44 PM
 #125

Is anyone running a competing network yet? If no, why?

There is more information on forks here, especially the second one, splash, looks promising but there is little new information on it.
https://ripple.com/wiki/Forks

mah87
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February 10, 2014, 09:12:58 PM
 #126

Is anyone running a competing network yet? If no, why?

because it's not as easy as creating bullshit coins... RippeLabs has more than 40people working on Ripple Network now ^^
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February 10, 2014, 09:21:43 PM
 #127

Is anyone running a competing network yet? If no, why?

There is more information on forks here, especially the second one, splash, looks promising but there is little new information on it.
https://ripple.com/wiki/Forks
Thanks, interesting.

As usual, mah87's reply is retarded. If you claim your thing is open source, you have to make everything possible for it to be forked, this includes proper documentation, releasing all needed tools, etc.

You think forking things are easy, THIS is retarded.
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February 10, 2014, 09:22:23 PM
 #128

Is anyone running a competing network yet? If no, why?

There is more information on forks here, especially the second one, splash, looks promising but there is little new information on it.
https://ripple.com/wiki/Forks
Thanks, interesting.

As usual, mah87's reply is retarded. If you claim your thing is open source, you have to make everything possible for it to be forked, this includes proper documentation, releasing all needed tools, etc.

You think forking and build interesting things is easy, THIS is retarded.
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February 10, 2014, 09:30:47 PM
 #129

Is anyone running a competing network yet? If no, why?

There is more information on forks here, especially the second one, splash, looks promising but there is little new information on it.
https://ripple.com/wiki/Forks
Thanks, interesting.

As usual, mah87's reply is retarded. If you claim your thing is open source, you have to make everything possible for it to be forked, this includes proper documentation, releasing all needed tools, etc.
Well, while it is easy to fork Ripple right now (just as Bitcoin in its inception) the network effect is still strong with RippleLabs.
While the technical part (rippled, the client, ripplecharts...) ist just copy-paste, you would have a harder time to convince people to actually accept and use your fork.

There is no "claim", there is PROOF it is open source:
https://github.com/ripple/ <-- all code for several different projects is in there, all under a permissive license. Also you are posting in the very announcement thread for this stuff... why do you speak of "claims"?

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Sukrim
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February 10, 2014, 10:17:33 PM
 #130

Releasing non-working source code, or incomplete source code, then claiming it's open source for publicity is common practice in the industry.
Which is why I was asking for examples of working forks. And I got an answer. So please, stop being retarded or at least learn how software works.
Rippled compiles, runs, builds history and behaves as advertised.

Could you give an example for this "common practice" where a company claims their software is fully open source but it actually is not working or incomplete?

Also I stopped being retarded, thanks for the nice reminder. Roll Eyes

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February 13, 2014, 06:12:18 PM
 #131

Is anyone running a competing network yet? If no, why?

There is more information on forks here, especially the second one, splash, looks promising but there is little new information on it.
https://ripple.com/wiki/Forks
Thanks, interesting.

As usual, mah87's reply is retarded. If you claim your thing is open source, you have to make everything possible for it to be forked, this includes proper documentation, releasing all needed tools, etc.

You think forking and build interesting things is easy, THIS is retarded.
+1

or you really think you just can "fork Gnome"? Can you do that, if you want to?

pankkake, I'm again disappointed. You are either obviously trolling, or you have shut down your brain completely.
(and that's a pity, because usually you gave good replies...)

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February 14, 2014, 02:37:15 PM
 #132

retarded
retards
At this point this word is all I'll be using in regards to the still remaining ripple haters.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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February 14, 2014, 03:10:13 PM
 #133

The problem with ripple they still confusing the general public, instead say "100 billion ripple" etc. (so why not DOGE instead Wink ? ) they should compare strait to paypal system ...

http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
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February 14, 2014, 03:12:13 PM
 #134

The problem with ripple they still confusing the general public, instead say "100 billion ripple" etc. (so why not DOGE instead Wink ? ) they should compare strait to paypal system ...

They don't communicate to masses yet, that's why don't like it, yet.
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February 14, 2014, 05:17:20 PM
 #135

Anyone can fork Gnome, and, say, call it Dwarf.
The documentation and the tools to build it are there. And you can run it on your system.

Please, try to learn how software works before opening your mouths, learn to read, and stop being such retards. You guys are really testing my patience (besides mah87 the serial scammer where I didn't expect anything more).
Really, Ripple satisfies my criteria of being open source, and you guys are still nitpicking on things you obviously don't understand.
I perfectly know how software works, so I can easily understand how a huge amount of work would be to replicate something as the ripple network.

It will not happen simply because it makes no sense to do that: 1:1 clones are worthless, just like for Bitcoin.

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Sukrim
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February 14, 2014, 08:35:55 PM
 #136

Unfortunately there is no real released fork of Ripple so far, NWO seems to have decided he wants to write his own software, Splash so far has just a thread with intentions and nothing more and ProtoShares wnats to implement consensus but that's only the double spend prevention part.

It would be possible of course, depending on what you want to do, you might be wise to stay back for a while longer until rippled gets a bit more stable and the refactoring efforts are completed. They recently hired a guy for developer relations though, so if someone reads this and thinks of starting something, please contact RippleLabs by all means!

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February 14, 2014, 09:38:39 PM
 #137

Oh so there is no actual working fork?

So again, as long as someone can't run an identical Ripple network, it's not open source. Thank you all!

If there is no working fork yet, it does not mean that nobody can make it. RL released sources of rippled just several month ago, making ripple completely open source. A fork can not pop up by itself overnight. In first place, somebody should be willing to spend time and efforts on it.

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February 14, 2014, 09:43:57 PM
 #138

Unfortunately there is no real released fork of Ripple so far

Making fork is a waste of time. If someone have free time, it is better to spend it either on improving ripple by providing third party software on top of ripple protocol, or on developing true ripple competitor with better features.

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February 14, 2014, 10:44:57 PM
 #139

Oh so there is no actual working fork?

So again, as long as someone can't run an identical Ripple network, it's not open source. Thank you all!
Nobody can run an identical Bitcoin network either, as that would be a hardfork of the block chain. "Bitcoin" is defined as the Satoshi block chain. You can however more or less easil change a few things in the code (checkpoints...), create a new genesis block and run a new network with the same rules as Bitcoin.

It's the same with Ripple - you can compile and run a node in the OpenCoin ledger chain or you can create your own (even easier than with Bitcoin, as there are no checkpoint hashes afaik.). This would (just like a "Bitcoin2" with a different genesis block) however be a full hard fork of the current ledger, so you (just as with Bitcoin) won't be able to transfer anything to/from people using the mainline network.

If you want to go further, you can also change rules inside Ripple too (e.g. start with 100 instead of 100 billion XRP, create new ledgers every 3.14 seconds...) and so on. Calling something not "open source" (which is a quite well defined term - rippled even is "free software") because nobody bothered to do that is a bit... strange.

Here are some "forks" (mostly working branches from developers for the mainline implementation though): https://github.com/ripple/rippled/network

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February 15, 2014, 08:31:28 AM
 #140

Ok, I give up, he's trolling.

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