Illumination

1.2K posts

Illumination

Illumination

@illumination024

Katılım Aralık 2023
331 Takip Edilen114 Takipçiler
Illumination
Illumination@illumination024·
@RealAllinCrypto Honestly, stop hyping XRP/Ripple. I get that it drives engagement in crypto but it also makes the account feel less credible to me personally. That’s genuinely the main reason I haven’t followed yet. Everything else is solid.
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ALLINCRYPTO
ALLINCRYPTO@RealAllinCrypto·
How can I improve my x, what would you guys like to see, feel free to be brutally honest🤝
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Illumination
Illumination@illumination024·
In short, ripple is throwing billions (made from selling xrp) to make the xrpl look alive and adopted, so they can sell more billions of it, this is why there are so many RWA products on xrpl with like 1 or 3 holders. It's not organic growth. They even paid moneygram to use xrp and court docs show that they've been selling xrp in significant discounts to "partners", that they then sell at market prices. How could anyone trust this company is beyond me.
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Illumination
Illumination@illumination024·
Most of RLUSD is issued on ethereum, but gets reported as XRP stablecoin, very misleading . majority of RWAs on XRPL are represented instead of distributed, learn the difference and what signals real adoption. RWA holders, XRPL 28 (lmao), Stellar 11,986. Go take a look for yourself app.rwa.xyz. DefiLlama rankings, Stellar 23, XRPL 43 defillama.com/chains. So is this 10% of XRP's adoption?
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RISKTAKE.
RISKTAKE.@RiskTake·
I found out something new today. There is an $XLM Maxi community I wasn’t aware of.
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Illumination
Illumination@illumination024·
Jed mccaleb created Ripple and started the XRPL and hired the rest and not the other way around. Stellar started initially as a fork but they then rebuilt the protocol from scratch. There are some similarities but they have key differences in their design, technical implementation and trust models. e.g quorum slices vs UNL. Do some real research before writing nonsense
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Illumination
Illumination@illumination024·
@Shockwave_App @RiskTake Of course, if someone is biased the distinction between a network with native smart contracts and one without may seem meaningless. But that does not change the fundamentals, Stellar is far ahead in both technology and real world adoption across all metrics that matter.
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Illumination
Illumination@illumination024·
yeah sure Jan, meanwhile Stellar has: L1 smart contracts via Soroban Rust/WASM smart-contract runtime ZK-friendly mainnet primitives such as BN254 and Poseidon/Poseidon2 BLS12-381 host functions Passkey / secp256r1 smart-wallet support Stellar Asset Contracts composable with Soroban SEP / Anchor standards for fiat on/off-ramps but iT's LiKe cHeErinG fOr rObin
GIF
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ALLINCRYPTO
ALLINCRYPTO@RealAllinCrypto·
You can only hold one ripple:native or stellar:native ?? 👇
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Illumination
Illumination@illumination024·
@jungleincxrp @Vet_X0 how is it "far more more capable" since it doesn't even have smart contracts? make it make sense
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Jungle Inc Crypto News
Jungle Inc Crypto News@jungleincxrp·
The question isn't whether XRPL works. It's whether removing all economic incentive produces the same developer and builder flywheel that Ethereum achieved through staking. That gap is worth examining honestly rather than attributing purely to regulatory headwinds. XRPL is far more capable in many ways, but it doesnt attract (yet) the same builders. We dont have multi billion dollar enterprises launching off this infrastructure like ifinex , circle, consensys, uni ect. Some would say XRPL lacks the utility those businesses need. I don't buy that. The capability is there. So if it's not utility and it's not purely regulation, the incentive structure deserves serious examination So I think every possibility needs to be examined. We are seeing great progress, but maybe it could be even more. All possibilities should be seriously examined.
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CoinDesk
CoinDesk@CoinDesk·
JUST IN: Bermuda begins moving national payment and financial services onchain via the @StellarOrg network, the first operational step toward its goal of becoming the world's first fully onchain national economy.
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j. xarπ lfg!.xrp
j. xarπ lfg!.xrp@N0BODYJ·
@thekiyy1 @Belisarius2020 @Ripple Ripple has locked them; the coins Ripple holds aren't particularly bothersome. However, in my opinion, the monthly relay should have been smaller than one billion coins every 30 days. On average, 700 million are returned. Ripple retains 300 million. 10 million XRP daily.
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bill morgan
bill morgan@Belisarius2020·
XRP price suppression in action🤣 as Ripple has reduced its XRP holdings from 80 billion in 2013 to about 33 billion XRP today. It’s almost like there is something else directionally moving XRP price up over time?
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FishpondsMassive
FishpondsMassive@Jazzy_Jeff24·
@RealAllinCrypto @Ripple @bgarlinghouse @JoelKatz @Vet_X0 I certainly believe the vision and potential of XRP after all of these acquisitions and live panels from DTCC ect but seeing usage of ODL is what speaks volumes! I'd assume after we get clarity and other proper crypto regulations we would see the use of XRP become more visible
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Illumination
Illumination@illumination024·
@ModernInvest engagement farming, will take a few years before humanity adapts to it.
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Illumination
Illumination@illumination024·
It all started with paid shills on Twitter/YouTube back in 2018 and then went nuclear once X started monetizing engagement. I still think there’s a coordinated network of paid shills + bots pushing XRP with fake news, recycled narratives and straight up made up nonsense. Been popping up like mushrooms for years. This along with casual engagement farmers and a few legit accounts that made their persona around it over the years. The riddles, conspiracies, narrative recycling etc were clever marketing imo. Perfect bait for naive retail/dumb money. Who had the biggest incentive to manufacture that machine? We can all guess. Just my 2 sats.
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Fishy Catfish
Fishy Catfish@CatfishFishy·
@BullNakedCrypto It's curious because... If they care about fundamentals, there are 100 other projects with better fundamentals to cover. If they have an incentive to lie, why do they only lie about one project and no other?
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BareNakedCrypto 🫐,
BareNakedCrypto 🫐,@BullNakedCrypto·
The one true question I have to $XRP community Out of all the crypto communities Why does $XRP have the most(over 1000+) influencers that ONLY make content about XRP Every community has it own creators ofcourse. But why does XRP have 100x more than any other community Think about it....
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bill morgan
bill morgan@Belisarius2020·
@N0BODYJ @ScamDetective5 I think that feeling may grow stronger over time if all we hear is Brad saying that XRP is Ripple’s North Star but Ripple shows no data how its acquisitions have made a difference to XRP use and adoption.
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Jimmy
Jimmy@Jimmyjeezlouise·
@ScamDetective5 XLM = merchant payments and person-to-person payments globally. XRP = large institutional and country-to-country payments globally. What kind of payments does VISA handle?
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