Thread 60848444

Fellow LINK marines, I don’t feel so good

i thought ripple was making a cafe??

i thought ripple was becoming a bank

>>60848444 (OP)
oh nooo the ghost chain is starting to work on 1/100th of what chainlink already is my dreams are shattered and I'm fully disillusioned with my investment

I thought ripple was a credit card company

>>60848444 (OP)
checked

sauce us up

>>60848444 (OP)
I thought ripple was a wax statue evaluation outfit

>>60848444 (OP)
take that, linktards!

I thought Ripple was a suicide prevention center?

Faggot
And the fact you are perfect fine and accept giving money to a russian

Who pays wikipedia to remove his fraudulent past

Parents worked for Putin


Yet no one cares because apparently

A CEO fraudulent past doesnt matter
Stupid fucks

>>60848444 (OP)
holy shit ripple are... building an oracle? it's over for chainlink!

>>60848444 (OP)
ooof this is the beginning of the end for XRP lol, just like all other oracles

>>60848444 (OP)
kek Ripple has been trying to make oracles for over a decade.
Remember those old patents?
Remember Codius?

And checked

>>60850811
Bot

>currently building an oracle
hello? yes.. is this 2017 calling? top fucking kek

newgens dont even know chainlink was an oracle

>>60848444 (OP)
>ripple fails to build working oracle
>+300%

>chainlink secures deal to run the world
>-5%

poor stinkies are going to be so mad/sad when they're "right" but make no money

>>60850837
Ripple failed so far and yet they're at this market cap.
Imagine when they succeed eventually
$1000 / XRP here we come :^)

>>60849190
>i thought ripple was making a cafe??
>>60849205
>i thought ripple was becoming a bank


it is on both
similar to link and all other cryptos, it might not be doing that stuff now... but you could just IMAGINE that stuff happening at some arbitrary point in the FUTURE

>>60850811
Weird how this bot is still running. Its so retarded that its just a waste of resources - has it been left on by accident?

XRP is the american version of link?

>>60853819
It's the useless version of Link.
It's a ghostchain.

>>60848444 (OP)
Ripple won years ago when they partnered with Bank of America and many other banks

The whole Oracle thing is not very complicated. They described the entire design in that sentence. It queries data.

>>60848444 (OP)
Checked as fuck.

>>60851038
They aren't right. Chainlink handles data feeds. It is not itself used as a currency in payments.

>>60853837
It's the standard

>>60855600
>It is not itself used as a currency in payments.
Pic is what happens when XRP is used "as a currency in payments".
Absolutely nothing.

>>60855606
Funny because Ripple literally called Chainlink the standard.

>>60848444 (OP)
source

Uptick in xrp fud threads
Link overtaken by hyperliquid, 12th position now
Its all so obvious

>>60848444 (OP)
I heard ripple is going into the sub sandwich business ala Subway.

>>60855673
Wanna know a good joke?
Hyperliquid's HYPE coin is literally not needed. Validators are paid in USDC.

>>60855680
Doesn't matter if it's useless so long as they keep a super aggressive buy back and burn going.

>>60855683
>if they buy back and burn a useless coin, that coin becomes valuable

You are the retarded market.

>>60855685
My two biggest holdings are LINK and ETH and I hold no Hype. So yes, I am the typical biztard.

>>60855688
Whether you hold HYPE or not has nothing to do with how retarded you are

>>60855680
If they would be paid in BigMacs, would that make the burger more valuable?
If the loop is recieve token, sell token for stable and pay bills, is there any point in using the token?

>>60855753
>If the loop is recieve token, sell token for stable and pay bills, is there any point in using the token?
Of course. Just ask Bitcoin miners.

How fucking retarded are you kek

>>60855762
>miners
You would need the token to be mined then, not conjured out of thin air. The scarcity and issuance are tied to the mining and thus value of the token.

How fucking retarded are you kek

>>60855766
>You would need the token to be mined then, not conjured out of thin air.
98% of the BTC received by miners is in fact conjured out of thin air.
The other 2% is coming from paying users.

And Chainlink nodes receive the tokens in an atomic swap for data. It's an essential part of how the network functions.

>>60848444 (OP)
>pivot to stablecoins
>pivot to oracles
Can they do anything right without pivoting every few months?
They should stick to marketing XRP to retards

>>60848444 (OP)
I'll be serious when I say this but, who the fuck is going to willingly integrate this technology? The entire wording of this assumes that ripple itself has won as the predominant ledger to be used.

>Current oracles attempt to ensure the truth of their users' input data through a combination of third-party evaluation and economic disincentives for bad actors. True oracles without third-party mediation are a difficult problem to solve. Centralized or not, Oracles are a necessary stage in the evolution of blockchain economics towards accurately reflecting real-world transactions of value. They are the missing key that will allow all real-world value to be quantifiable on a blockchain.

>Oracles are a necessary stage in the evolution of blockchain economics
Truth.
>Current oracles attempt to ensure the truth of their users' input data through a combination of third-party evaluation and economic disincentives for bad actors.
Chainlink's entire model.
>They are the missing key that will allow all real-world value to be quantifiable on a blockchain.
Brad has been doing his homework.

XRPL can't even run a fucking smart contract. How the hell are they going to become the defacto oracle provider when LINK is already at the finish line?

>>60855770
>98% of the BTC received by miners is in fact conjured out of thin air.
finding a valid cryptographic hash solution to claim a block reward is comparable to ''let there be x amount of tokens''

>>60855778
>XRPL can't even run a fucking smart contract
Hooks, Eth EVM

>>60855778
>defacto oracle provider
If all the value is on xrpl there is not much off chain data to bring onto the xrpl

>>60855811
>finding a valid cryptographic hash solution to claim a block reward is comparable to ''let there be x amount of tokens''
You got this mixed up lol

BTC miners find cryptographic hash solutions, Chainlink nodes deliver data.

Satoshi said "let there be x amount of tokens" (21 million), and so did Sergey.

>>60855811
>if all the value is on xrpl there is not much off chain data to bring onto the xrpl
God damnit you people are so infuriatingly retarded.

>>60855817
>Satoshi said
The cap is 21m

>Sergey said,
let there be 1b tokens

>>60855819
>infuriating
Is that wat you are now? Did reading that statement anger you?
Have you considered that nothing written here matters and you could go outside and touch some grass?

>>60855811
>Hooks
hahahahahaha how's that going?
Five years later and still not launched. It ook Ethereum 2 years from concept to mainnet launch of actual full-blown smart contracts.

>Eth EVM
lel, massive self own

>If all the value is on xrpl
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Face it, Ripple is COOKED
Have a pity check.

>>60855993
>>If all the value is on xrpl
Kek, it's cute isn't it. I think Vitalik also used that argument somewhere in 2017 before realizing how naive that is. Same as commies who think we don't need money if everyone just takes what they need and provide what they can. World hunger solved!

>>60856017
>I think Vitalik also used that argument somewhere in 2017
Back then you could maybe make the argument that a single chain would end up ruling all.
And even back then XRPL was already obsolete and not a contender for that position.

Today it's obvious more and more chains will be added, especially by institutions.
It's so easy to spin up one, and they have a lot of benefits with regards to control and privacy.
And then whenever the usecase calls for it, institutions can decide to post to public chains as well.

All of which requires an overarching network of oracles.

>>60856037
>It's so easy to spin up one, and they have a lot of benefits with regards to control and privacy.
The funny thing is that Ripple also does permissioned chains. So even Ripple does not agree with that cripples dream of "all value being on the XRPL" lmao.

>>60856051
>The funny thing is that Ripple also does permissioned chains.
Yeah, like their CBDC chain. Which doesn't use the XRP token at all because it doesn't include the entirely arbitrary XRP burn fee.

What a fucking mess, 13 years and the entire thing has gone nowhere. Only lumbering forwards under the weight of its ballooning market cap, desperately looking for relevance (stablecoin, banking licence, ...).
Someone needs to put this shit out of its misery.

>>60855993
>actual full-blown smart contracts
Yeah, that went great, not a bloated shitshow at all that needs 100s of layer 2s sucking the value out of main chain.

>Ripple is COOKED
Its still number 3 last time I checked. You niggers are battling for 12the place with hyperliquid kek.

>Ripple does not agree
A permissioned sidechain is still a part of the xprl. lol

>Someone needs to put this shit out of its misery.
It wont be you, the fudding keyboard warrior who has the ledger on his mind 24/7. For a useless chain you niggers spend a LOT of time fudding it. Meanwhile you struggle staying in the top 10 and your assets get diluted by the quarterly dumps.

>>60856147
>Yeah, that went great
It did.
Even Ripple uses EVM for smart contract functionality.

>For a useless chain you niggers spend a LOT of time fudding it
XRPL is a ghostchain in rank 3.
It's not ridiculed nearly enough.

>>60856259
>Ripple uses EVM
To eventually port eth protocols to the ledger while using the xrpl backbone instead of eth.

>It's not ridiculed nearly enough.
And you have made it your task. What a soldier. Do you have a wife and kids? Something else going for you except this?

>>60856147
>A permissioned sidechain is still a part of the xprl
So how will you get the data from that "sidechain" on the XRPL then? Currently Ripple sells these "sidechain" software packages without even enforcing the use of XRP anywhere. They can of course, but they don't need to. How is it still part of the XRPL in this case? It functionally isn't, that's why "sidechain" is already a misnomer and coping language.

>>60856300
>e-eventually xrpl will only use Ethereum protocols instead of the whole EVM!
>take that!!
How do you not realize just how utterly pathetic this sounds.

>>60856444
What I meant is succesfull projects.
Semantic warrior, you got me there, I concede!

>>60856363
I just type that question and post the answer here. Data and assets flow between the XRPL main chain and permissioned sidechains via trust accounts controlled by multi-signing validators, coordinated transactions by federators, and systematic pegging/locking mechanisms to ensure secure interoperability without compromising either chain's independence or security

You are either too lazy or too retarded to look up the answer to your own question. Posting the question here and phrasing it as an argument makes you look like both.

>>60856625
>I just type that question and post the answer here. Data and assets flow between the XRPL main chain and permissioned sidechains via trust accounts controlled by multi-signing validators, coordinated transactions by federators, and systematic pegging/locking mechanisms to ensure secure interoperability without compromising either chain's independence or security
Another verbose non-answer. Good job anon. Permissioned chains, per definition, decide whether or not to integrate (and to what extent) with the main chain. A world where all value is on the XRPL cannot exist while these chains exist, and offering permissioned chains is part of Ripple's product suite. You can't even conceding one tiny, little, meaningless hypothetical. Incredible.

>>60848444 (OP)
I see now why Ripple chose Chainlink as their RLUSD oracle on Etherium. It's like when people hire a jeet in Dubai or illegal spic in the US to clean the toilet because they're too busy doing the actually important work. Segey is crypto's toilet wallah.

>>60856681
>because they're too busy doing the actually important work
Except all of Ripple's important work is happening on Ethereum.
That's why Ripple needed Chainlink on there, that's where Ripple's true value capture is.

>>60848444 (OP)
oh don't worry op, it's not like anyone is going to use their oracle. just like chainlink. please do remember that:
>nothing ever happens
>no crypto ever gets adopted
>the status quo remains (btc is digital gold, eth is digital silver, everything else is gambling)
i will proceed to slurp more useless, doge and pepe, and i will either win or lose, and that's okay. been doing this for a while, now. just like you have been buying for a while.