Questions tagged [ripple]

Questions about Ripple are off topic. This tag should be used for questions regarding Ripple, an alternative cryptocurrency. Such questions can include how Ripple works and things that can be done with it. Ripple is also known by its ticker symbol, XRP.

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2answers
447 views

How did Ripple handle DoS/DDoS during the ripplescam.com days?

I'm going to assume that during the days where Ripple was irrationally hated by some sub-population, a la the ripplescam.com site which used to be the first result on Google for "ripple coin" until ...
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1answer
1k views

How to obtain trades from the websocket transaction feed?

I am having a hard time figuring out how to extract trade information (i.e. a payment relative to an offer) from the Ripple websocket transaction feed. From my current understanding, I guess there ...
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1answer
553 views

Ripple: How to monitor multiple accounts reliably and effectively?

rpc = RippleNetwork(app.config['RIPPLE_SERVER']) poll = RippleNetwork(app.config['RIPPLE_SERVER']) last_ledger = Variables.get('ripple_last_ledger') poll.subscribe(streams=['ledger']) while True: ...
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1answer
136 views

Does Ripple use NTP?

Does Ripple use NTP or expect the nodes to do so? If not, why not? It seems that Ripple is a little more closed than your standard cryptocurrency, so this doesn't seem like an excessive demand.
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2answers
1k views

With Ripple, how do Gateway IOUs work?

A Gateway must do two things accept some form of deposit from a user and give the user Gateway IOUs. (Other -> ripple) accept Gateway IOUs from a user and send that user payment. (...
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2answers
677 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 ...
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1answer
191 views

How do I reduce the loglevel on rippled?

By default, rippled seems to log at the NFO level, which spits out many megabytes of log files each day. How do I reduce this level? According to the Ripple wiki, we can edit pass arguments to rippled ...
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1answer
522 views

Installing ripple coin daemon and Ripple coin-QT in ubuntu gives error [closed]

I install ripple coin from Github as I did for other coins. On cloning rippled rippled from Github, I can't find files under rippled as I found for other coins. I can not find much information ...
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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 ...
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0answers
383 views

why we can't delete the trust line with ripple? [closed]

We can add trust line in our ripple wallet, but there is no option to delete this. The only way we can do is just set the limit to 0. why is this and what is the benefit from this design?
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1answer
2k views

Ripple node compensation

How does Ripple charge fees for XRP-only transactions to compensate nodes? I've heard of what I can only describe as a "network fee", that some XRP are burned per transaction. What is the motivation ...
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1answer
810 views

What is the Elliptic Curve algorithm used in Ripple to generate public / private key pairs?

The algorithm used by bitcoin to generate keys is secp256k1, is it the same for ripple?
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1answer
245 views

Ripple network overhead

I like the way Ripple provides effectively instantaneous transaction verification. When building consensus how much traffic and their equivalent of orphan blocks are accumulated? Is communication ...
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1answer
584 views

Is Ripple's UNL list maintained by the network?

Who maintains the Ripple UNL list? This says We periodically poll our sources. If they mention a new node with a score over an amount, we add the node to our trusted core set. Who is "we"? Are "...
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1answer
143 views

How are offers matched up on Ripple trades?

I'm trying to better understand how buy and sell offers work on the Ripple network. Let's say Alice creates a new Ripple currency, calls it XYZ, and describes it to her friends Bob and Carol. Bob ...
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1answer
80 views

What's the purpose of the WalletLocator field in Ripple accounts?

https://ripple.com/wiki/Transaction_Format#AccountSet_.283.29 defines a field "WalletLocator" (256 bits) in Ripple's AccountSet transaction. That means that the field belongs to an account, and the ...
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2answers
197 views

How can I get email notification when I get or make a Ripple payment?

What's the easiest way to get an email notification whenever I receive or send a Ripple payment?
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2answers
3k views

What is the different between Open Transactions and Ripple?

I have been watching the Open Transactions project. Since Ripple has recently came up I am curious as to their relation to each other and if they are trying to achieve the same thing but with a ...
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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 ...
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1answer
339 views

Are Ripple IOUs e-Money under European law?

It has been confirmed by multiple sources that Bitcoin is not electronic money according to EU Directive 2009/110/EC, mainly because it does not represent "a claim on the issuer" and does not have a "...
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2answers
4k views

I created a ripple account … what next? (how do I start?)

I have a ripple client set up, but I can't do anything useful such as viewing the order book etc. Since the site is in beta, BTC and other currencies are not supported... only ripples. Basically I ...
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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?
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1answer
751 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 ...
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2answers
297 views

Is there api for ripple.com to authentificate with username & password?

I'm googling, and looking for such option, to authenticate to ripple.com with out secret key, but username and password. I've found only with secret key: # curl -X POST -d '{ "method" : "sign", "...
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1answer
1k views

Is Ripple's trade history recorded?

Currently there isn't a graph of the ripple trade values. I'd like to know if each trade is recorded in the Ripple's equivalent of the blockchain, so that if in future someone wants to build such ...
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2answers
504 views

How much is ripple decentralised and p2p

I don't understand this Even if Opencoin should close, the ripple network will continue. Because the ripple is a P2P >network, it is not operated by Opencoin but by the combined efforts of all the ...
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1answer
252 views

How can I find people interested in selling BTC through Ripple? [closed]

I would like to buy bitcoins and I'm curious where I can find people who would want to sell me bitcoins through ripple platform.
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2answers
5k views

How does Ripple solve the double-spend problem?

How does the Ripple system solve the double-spend problem? Does it also use some block-chain-like entity that officially dictates which transactions are confirmed and which are not, or does it use ...
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1answer
91 views

Any examples of Bitcoins being used to buy bonds to build a Digital Community [closed]

Does anyone have examples of bitcoins being used to buy bonds to build a digital community?
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1answer
161 views

How can one find everyone holding IOUs from a given issuer in Ripple?

In Ripple, anyone can issue IOUs, which later can be passed on to other parties in the network through a web of trust. How can one find every account holding IOUs from a given issuer? Would it need to ...
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0answers
254 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 ...
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2answers
4k views

Where to get initial ripple funding?

So I have created a ripple account and now I need to get funded with 100 XRP to get started and be able to grant trust, otherwise the account is pretty much useless. In bitcointalk, there is a ...
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1answer
140 views

Does rippled store any information on accounts and addresses? [closed]

I am looking at Ripple API overview, and it looks to take a different approach from Bitcoin as to handling one's private keys. In Bitcoin, one requires to use a wallet and often a password to that ...
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1answer
248 views

What is the difference between ledger_hash and ledger_index in Ripple?

In rippled's API, for example in account_info, we can see that ledger_hash and ledger_index are different from one another. ledger_hash is just a hash of the ledger. However, in this graphic we can ...
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1answer
2k views

Why is Ripple's base58 alphabet so weird?

In this answer I found out that Ripple uses a different base58 alphabet from Bitcoin. There aren't many materials on what that alphabet is, but I managed to find this reference: The base58 ...
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1answer
2k views

What is causing “Network not available” error in rippled RPC call and how to fix it?

I am running rippled (standard configuration, I only changed node_db to Sqlite) and communicating with it through JSON RPC. On a few calls I get a response: 'error_message': 'Network not available.', ...
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1answer
779 views

In Ripple, what exactly is “Hash256”?

In various places on Ripple Wiki we can see the type Hash256 (for example here). What data structure is it exactly? Is it just a 256 byte array, or are there some rules governing this type (and ...
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2answers
985 views

How can you view the Ripple orderbook without being logged in?

Is there a service that exposes the orderbook without requiring a Ripple account?
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2answers
190 views

Are all ripples worth the same amount? Is value specific to each gateway? [closed]

Are all XRPs worth the same amount, regardless of each gateway you use them at? Suppose I have one gateway who is un trustworthy, or will depreciate in value. Suppose I also have a gateway that is ...
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1answer
349 views

In rippled.cfg, what to use for [node_db] on Windows?

I am trying to run rippled, but it is stating that I am missing [node_db] from rippled.cfg. In that file I can see # Note that HyperLevelDB is unavailable on Windows platforms # [node_db] type=...
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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?
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1answer
1k views

Why is Ripple's effective genesis ledger at 32570?

The documentation for Ripple says that the genesis ledger starts at 0 but the "effective genesis ledger" is at 32570, because some historical ledgers are "unavailable." Why is this, and what does it ...
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5answers
664 views

When does OpenCoin Inc intend to make the Ripple server code public?

Is there a definite timeline or not? Thank you.
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1answer
1k views

What is the exact consensus protocol Ripple uses? [closed]

Ripple supposedly incorporates transactions into the ledger using a consensus protocol. I have been looking everywhere for a clear, formal, and precise specification of the protocol and could not find ...
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1answer
509 views

When a trade offer in Ripple incurs transit fees, who pays them?

When two trade orders in Ripple are matched and they incur a transit fee for exchanging IOUs, which of the parties pays the transit fee? Is this transit fee already included in the order or is it ...
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1answer
145 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
190 views

What is the ECC key length for OpenCoin's implementation of Ripple?

http://www.reddit.com/r/Bitcoin/comments/1lubl1/wired_oped_worries_that_elliptic_curve/cc2vhos suggests that key lengths < 500 bits are no longer considered secure from the NSA. What key length is ...
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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 ...
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1answer
360 views

What could drive Ripple adoption? [closed]

Now, I have been reading a lot about Ripple lately and here is something that still eludes me: For example Bitcoin has a clear early adopter advantage, which incentivices investments and helps build ...
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2answers
233 views

I own too few ripples to buy ripples (have only 87xrp, want to buy 7,000)

I have 87 ripples. When I use the ripple client to purchase additional ripples, I'm unable to and get an error saying the network isn't available. I can only guess this is because I have too few ...

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