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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Generating Ripple address

I am trying to recreate the Ripple address from Account Family wiki page and I am having some problems. I have the private generator of ...
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1answer
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Bitcoin arbitrage using ripple

Can someone smarter than me please give me step-by-step instructions on how to make money taking advantage of the disproportional BTC values across exchanges? I think using ripple could make the ...
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75 views

Can a trade offer be the last leg of a Ripple transaction path? If so, do transit fees apply?

I think I understand, for the most part, how rippled finds transaction paths, and how gateways can charge transit fees; but some of the edge cases have me wondering... Let's say my wallet has XYZ ...
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1answer
816 views

Who has copied or reimplemented Ripple?

There have been almost an infinite amount of Bitcoin clones, but I have yet to see a Ripple clone or a Peercoin clone for that matter. I'd include Nextcoin, but I don't think the full source has been ...
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1answer
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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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373 views

Why did Ripple do a giveaway?

Was there ever a stated reason for the giveaway? Was this in response to the ridiculous criticisms they received such as "centralization" and concentration of wealth?
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422 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
246 views

How would AML techniques work in Ripple?

Can anyone explain how AML rules, alerting, and FinCEN reporting would work under Ripple?
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534 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
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How can Ripple trust lines be exploited to scam unknowing people?

This ripple forum post says moocowpong1 wrote: "She might also do this for free if she has IOUs from GatewayB and wants to convert them to GatewayA IOUs." She might also do this ...
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1answer
129 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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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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509 views

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

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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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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How do I restore a Ripple wallet backup?

In the Ripple client (as of 0.2.48-2) there is a way to backup a wallet to a text file. How can we use this file to restore a wallet (for example, to a new browser)? I am aware how to regain access ...
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What happens in an extreme case if Ripple fails to make a consensus? Will that part of the network be segmented off?

What if the Ripple trust network becomes many trust hubs and spokes, and the hubs don't trust each other? In this extreme case, that could exist due to extreme network segregation, massive trust-...
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1answer
608 views

Ripple ledger time format?

I am wondering what is the format used in Ripple ledger time? For example, one of the most recent ledgers had close_time of 447299110. I initially thought it was UNIX time, but the current time was ...
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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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How can a Ripple contract use random values and reach consensus?

There an interesting page about contracts on the Ripple Wiki. My limited understanding of contracts is that like other transactions in Ripple, it is the consensus across many servers that ensures ...
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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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204 views

Is transaction malleability an issue in Ripple?

Are the algorithms used in Ripple vulnerable to transaction malleability?
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1answer
241 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
556 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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137 views

Can ripple currency units be integers?

I understand with Ripple that anyone on the network can offer their own currency. Someone cited the example of airline frequent flier miles. Airline miles, in my experience, come in whole numbers. ...
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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
77 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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Bitcoin without mining

Several months ago I've stumbled an interesting question about the Ripple system: How does Ripple solve the double-spend problem? Specifically about how double-spending is solved in Ripple. As you ...
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How do you generate a Ripple address and secret using the ripple-lib javascript library?

The ripple client application can generate new accounts using the elliptic curve algorithm. Is there a high-level function to perform this task?
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812 views

Is there a rippled Windows binary available for download?

Is there a compiled Windows binary for the Ripple deamon rippled available for download? I only found its source code...
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1answer
1k views

What is the algorithm for generating a Ripple address from a ecdsa public key?

I know it is some combination of sha256 and ripemd160 that is used on the public key component to obtain the Ripple wallet address, but what is the specific algorithm?
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1answer
738 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
360 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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503 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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485 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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260 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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748 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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241 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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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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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
160 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
242 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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1answer
131 views

Does rippled store any information on accounts and addresses?

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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0answers
509 views

Is there a way to specify an invoice ID in Ripple URI? [closed]

In Ripple payment transactions we can specify an invoice ID that is used to make payments for a particular invoice. Is there a way to specify such an invoice ID in Ripple's URI scheme?
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1answer
235 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
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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
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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
705 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
189 views

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

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
335 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
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 ...