Questions tagged [ripple-gateways]
Questions about Ripple are off-topic. Gateways are entities in the Ripple network that provide an entry point to the network by accepting deposits and issuing IOUs for them.
51
questions
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1answer
119 views
Ripple difference between source and destination tags [closed]
I don't understand the real difference between source and destination tags.
Imagine we have client A and service B, and service B wants to identify the payment (deposit from A). He says: please send ...
0
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2answers
133 views
How to accept bitcoin and giving each user a unique address amd automatic withdrawal
I want to create a website when users on singing up will get a unique address and after getting my websites service,they can withdrawal the money also automatically.
Is that bitcoin integration free ? ...
0
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1answer
51 views
How can a ripple wallet trust server? [closed]
How can a wallet using ripple-lib to interact with the ledger be certain it is seeing the real consensus ledger? If an attacker has control of the rippled server, or the connection to it, what is to ...
2
votes
1answer
187 views
Ripple JSON API - Can I use more than one destination while transaction?
In Ripple API,
Is there any apis available to split payment which I can pass more than one destination address in single transaction.
Let me share code:
const RippleAPI = require('ripple-lib')....
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5answers
7k views
Ripple testnet explorer
This is Ripple main Explorer. But where can i find the transactions ledger from wallets on Ripple testnet.
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0answers
150 views
Who is allowed to open Ripple Gateway? [closed]
Ripple's gateways are only opened to financial institutions like banks and credit card processing companies or anyone who is willing to invest into Ripple's infrastructure ?
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1answer
6k views
Can I recover funds where the wrong destination tag was used while transferring ripple to bittrex? [closed]
Is a refund possible if i entered the wrong Destination tag and the right address while transferring XRP to my bittrex wallet.
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2answers
1k views
How to run my own Ripple RPC server (full node)?
I'm following this manual: https://ripple.com/build/rippled-setup/#installation-on-ubuntu-with-alien and getting error below.
ix@pwrg:/media/ix/ledgers/.src$ sudo rpm -Uvh https://mirrors.ripple.com/...
1
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2answers
101 views
Ripple Asset Fees [closed]
How would you issue an asset with a fee and then have a customized fee structures once the asset starts trading? Such as Maker/Taker model or customized fees when transmitting the asset after the ...
0
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1answer
339 views
Sending Cross Currency in Ripple [closed]
I have been facing this issue for a while using Ripple JSON RPC, am actually working on a PoC for cross border transaction, as part of my use cases, I need to send transaction in NGN and be received ...
7
votes
4answers
10k views
How Ripple actually transfer money from one bank to another?
Imagine there is bank A from USA and bank B from England, and they are both on Ripple Network.
Bank A wants to transfer $100 to bank B.
How does bank A put money in the Ripple network? Does it need ...
5
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1answer
2k views
Is it still possible to issue your own assets on Ripple?
I was talking to some folks interested in facilitating trade of non-monetary assets (power to be specific). I was thinking that Ripple as a platform may be more suited for such trades than Bitcoin. ...
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1answer
681 views
How to create offer using JSON RPC in Ripple
I am currently working on Ripple API here but have not been able to figure out how to create offer using JSON RPC, I will appreciate any help from you guys
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1answer
546 views
RippleAPI how to issue IOUs using preparePayment [closed]
I'm trying out the API, and I've set up one 'user' account, and one 'gateway' account. The only difference between the two is that the user has extended a trustline to the gateway account. I would now ...
2
votes
2answers
619 views
How do I use Stellar API to power my Universal Trading and Multicurrency Payment+Transacton Gateway?
I am planning to build on top of Stellar a unified universal gateway+trading platform(all frequencies) for banks and financial institutions to power ultrafast international payment transfers in fiat/...
3
votes
1answer
812 views
Get available exchange rates of Ripple's built-in exchange
I'm not hundred percent sure I got the whole principle of Ripple right. But as far as I could understand it is possible to deposit a currency into my ripple account/wallet via a gateway (e.g. USD via ...
3
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1answer
250 views
How to block a Ripple account from a Gateway's perspective?
I heard a few months back that Ripple enabled users to set their account to block other accounts from holding their IOUs. A feature probably aimed at Gateways to be able to freeze balances of blocked ...
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0answers
108 views
Ripple Singapore states -34.86 XAU balance, but RippleCharts shows 51.9 (September 2014). How come and what does it mean? [closed]
As of September 6, 2014, Ripple Singapore's (RS's) IRBA page states -34.86 XAU balance and 40 XAU in reserves. Ripple Charts (Capitalization, XAU) shows about 51.9 at this time. Why the difference? (...
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1answer
136 views
Does Ripple support Gateway interest?
I know that Ripple supports currency demurrage, as in the decrease of amount of currency one has over time. However, I am wondering if the opposite is also possible? Can one automatically program ...
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1answer
200 views
Recurring micro-payments platform
I'm thinking through SaaS platform, where customers will pay little (20-50 cents) fee for daily use.
My first thought was to create own internal currency and deduct customer's balance daily.
But I'm ...
4
votes
1answer
476 views
What incentives do Crypto 2.0 systems provide for IOU Gateways?
I am wondering what inventives do various Crypto 2.0 systems provide for IOU Gateways (ones that create currencies backed by other currencies or commodities, like USD, BTC or the like)?
Just to be ...
6
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2answers
2k views
How to accept payments via Ripple on a website
A web search led to Ripple.com.
Is it possible to add the payments via Ripple payment to an e-commerce website?
Where can i find source code to implement such Ripple payments?
For example, there are ...
3
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1answer
261 views
Must I have an account with every gateway I use as an issuer?
In the Ripple Client, in order to convert to BTC, I need to select a Base Currency (it currently says BTC ???.)
I searched for a Base Currency Issuer address and found how to grant trust to BitStamp,...
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1answer
255 views
How would AML techniques work in Ripple?
Can anyone explain how AML rules, alerting, and FinCEN reporting would work under Ripple?
6
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2answers
216 views
Accepting Payments To Bitcoins
I am setting up an online shop to sell digital goods. I would ideally like to accept only Bitcoin payments, however most users do not use Bitcoins or can't work it out. Therefore, I have to accept ...
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1answer
333 views
Why would you pay a trading fee for Ripples?
Some exchanges (including BitStamp, JustCoin, Kraken, and many others) charge a nominal 0.5% trading fee for matched orders. However, it is also possible to trade directly on the Ripple network with ...
4
votes
1answer
363 views
Can I be held liable if a gateway vanishes?
I'm beginning to wonder what my liabilities may be once I start using a system like Ripple.
For example if a gateway I'm using (say Bitstamp) suddenly vanishes, could I, as a user of Ripple and ...
0
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2answers
488 views
Bitstamp ripple bridge clearing time
How long does it take for a ripple bridge transaction to clear?
Bitstamp BTC on ripple -> bitcoin address
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1answer
755 views
When adding funds to wallet via snapswap, what exchange rate is in place?
I just added $1500 to my ripple wallet, but its showing up as XRPs in my wallet. Not only that, but the exchange rate is incredibly terrible, for 500 dollars, ripple gave me 500XRPs? How is it that I ...
4
votes
2answers
2k views
Is there a comprehensive list of Gateways' IOUs and fees associated with using them?
I am looking for information about the various IOUs issued by Ripple Gateways and what fees are associated with using them - namely fees to get the IOUs and transit fees.
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0answers
266 views
What is the standard InvoiceID for a Ripple Bitcoin bridge? [closed]
In Ripple, bridges often encode a Bitcoin address as an InvoiceID in a transaction. According to Services API wiki page, InvoiceID is represented as UInt256, so it should be padded. Which is the ...
0
votes
1answer
147 views
When a Ripple-Gateway charges a fee for third parties exchanging their IOU, how is it determined who pays the fee? [closed]
When a Ripple-Gateway charges a transit fee for third parties exchanging their IOU, who pays the transit fee?
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1answer
245 views
Legal question regarding rippling balances between Ripple gateways
Let's say a ripple user were to extend trust to both Bitstamp and Snapswap to owe him 100 USD. He offers to trade USD-Bitstamp-IOU for USD-Snapswap-IOU at an exchange rate of 1:1.
Would he have to ...
4
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1answer
357 views
Are ripple transactions reversible like how a CC chargeback works?
Does ripple take the properties of bitcoin where its irreversible?
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1answer
211 views
Does Ripple require users to input their ID and personal data?
Currently all the USD to crypto currency exchanges require personal identification before withdrawing to USD. Does Ripple require this? How about the Ripple Gateways that do the currency conversions?
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1answer
524 views
why ripple currency exchange trading is slow sometimes?
Bids Sum BTC Size BTC Bid Price XRP
30.58995660 30.58995660 6,000.00000000
Asks Ask Price XRP Size BTC Bid Price XRP
6,000.00 29.07743420 29.07743420
while bids and asks match above, ...
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1answer
2k views
How exactly is Ripple decentralized when OpenCoin has so much XRP?
Let us assume in a best case scenario, the Ripple system gets opensourced this year and the 50 billion XRP are distributed fairly to many people in the world.
One of the reasons of having XRP ...
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2answers
1k views
How do you build a Ripple gateway without rippled?
I've noticed that several Ripple gateways now exist, most notably Bitstamp. However, the only documentation I can find on how to create an automated gateway seems to imply that you must have OpenCoin'...
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1answer
676 views
How can we be sure that Open Coin would not create more than 100 billion XRP?
ripple server code is still private and beta.
There is no legality preventing Open Coin to print more XRP now as it is a private company and the network is not at a stage where it is wide scale ...
5
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1answer
490 views
Law / country specifics to start Ripple Gateway
There is requirement in https://ripple.com/wiki/Gateway_Integration_Manual
Gateways should comply with the BSA, have AML policies and require KYC information.
As i understand this requirements can be ...
9
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1answer
4k views
How to create a ripple gateway?
I want to know what to do if I want to create a ripple gateway, so that people can use it and exchange on it. Where do I start?
6
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2answers
659 views
How is a Ripple gateway different than a conventional bank?
Everything I've read so far suggests that a Ripple "gateway" is just like a bank. How is it different than a conventional bank?
Is it possible to have a bank of banks (central bank) in Ripple?
3
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1answer
447 views
Ripple: a strange send I don't quite understand
A few days ago I've sent Bitstamp through Ripple 0.3168 BTC.
I had 0.4168 Bitstamp BTC before, and 0 BTC balance with everyone else.
Now strangely I noticed that instead of Bitstamp owing me 0.1 BTC ...
3
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1answer
423 views
How can I measure outstanding debt? How much “stored value” is in Ripple at any given moment?
Is there any way to measure how much stored value is in Ripple at any given moment?
I read that that people who are risk averse won't store cash in Ripple for long periods of time, and will redeem ...
11
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1answer
5k views
Why does bitstamp have two addresses for Ripple?
The bitstamp address "to trust" is rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B, however when you withdraw money, it you get it from rrpNnNLKrartuEqfJGpqyDwPj1AFPg9vn1 instead. Why?
With weexchange I got the ...
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1answer
5k views
How to find BitStamp's Ripple address? [closed]
I see on the wiki that they're the 2nd Gateway, but don't see anything about it on their site.
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1answer
2k views
How do I exchange the issuer of my BTC in Ripple?
I see Ripple now has 2 Gateways, WeExchange and Bitstamp.
I sent 1 BTC to WeExchange, and got in return 1 "WeExchange BTC in Ripple".
How do I exchange it directly for 1 "Bitstsamp BTC in Ripple"?
...
6
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1answer
295 views
Is there any chance of the Ripple gateway market NOT consolidating into a small transnational oligopoly?
Bigger and better reputations might beget more business and so on. What can possibly prevent emergence of a small oligopoly of transnational Ripple gateways ?
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4answers
1k views
What happens when a gateway on the Ripple network defaults or simply vanishes?
What happens when a gateway on the Ripple network defaults or simply vanishes? Do people that got their money from it lose that money, do other gateways honour the IOUs issued by that gateway still, ...
6
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2answers
679 views
How does a gateway IOU differ from any other IOU on the Ripple network?
How does a gateway IOU differ from any other IOU on the Ripple network? Say, if I got a $1000 from a gateway, does that make it a better currency than say, creating a second account and sending myself ...
