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Results tagged with ripple
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user 196
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.
3
votes
How can you buy XRP with BTC if you don't have any XRP?
Dealing with someone directly might be your best bet: he would send you the ripples you need, and you would send him the bitcoins. This works because you don't need ripples to receive ripples.
Anothe …
- 5,230
2
votes
Is there any rational economic reason to purchase XRP early?
1) OpenCoin has been clear on how many XRP they are going to distribute, they have been secretive only about how they are going to do that. And that's fine, since otherwise people might try to game th …
- 5,230
2
votes
How to withdraw all funds from a Ripple account?
You can't withdraw the deposit, just leave it as it is.
Remove all trust and all offers to lower the minimum deposit.
- 5,230
14
votes
Is Ripple a scam?
There are two main accusations against Ripple:
it claims to be open and decentralised, but currently it isn't, since the server is closed source and controlled exclusively by Ripple owners (OpenCoin) … it came with a lot of preminted coins, some of which are supposed to be distributed freely, while others are to be kept by Ripple developers and owners (as a payment for the effort)
You may like or …
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3
votes
Accepted
What does it mean that ripples are destroyed?
See the Ripple Developer Center for further details. …
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3
votes
When does OpenCoin Inc intend to make the Ripple server code public?
There's no timeline, but they say it's "top priority".
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6
votes
3
answers
3k
views
How does Ripple's exchange work? [closed]
I have no clue what should I do to post any buy or sell:
I can freely modify the exchange currencies, and only USD/XRP shows me an order form
it has a ripple address near "base currency" / "change issuer …
- 5,230
18
votes
Accepted
What is Ripple and how does it compare to Bitcoin?
ripple uses the same underlying cryptography as Bitcoin
ripple has multi-signature support
ripple has low to no transaction fees
ripple servers can be run by anyone
Unlike Bitcoin: … ripple can send any currency
ripple can automatically exchange currencies
ripple transactions are fully confirmed in seconds
ripple allows nicknames and gravatar icons for accounts
ripple's …
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4
votes
Accepted
How to find BitStamp's Ripple address?
Under Withdrawal/Ripple there is a link named "trust this address". …
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6
votes
1
answer
142
views
How does Ripple decide which offer to fulfil if they offer the same rate?
If two offers have the same exchange rate, how does Ripple decide which one to fulfil first? …
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3
votes
1
answer
464
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. … i.e. should I explicitly send BTC through Ripple to my friend, or simply when he tries to spend them he'll tap from my pool (hence no explicit action is needed)? …
- 5,230
3
votes
Accepted
How does Ripple decide on the exchange rate between different currencies?
Since Ripple has an integrated exchange, I guess it simply places market orders in its order book, trying to get the best overall price. …
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5
votes
Accepted
How to restore a ripple wallet, having the security key?
Following these instructions, after clicking on Create a new wallet, you will have the option of using a custom secret key.
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4
votes
1
answer
617
views
Do you need XRP reserves to receive trust lines?
As far as I understand, you need to keep some XRP in reserve for each trust line and for each open offer.
Does that apply only for outgoing trust, or for incoming trust too?
In the latter case, what …
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11
votes
1
answer
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 mo …
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