How to trade XRP/PRX on Gatehub or Rippex

I'm making a very simple, easy to follow guide on how to trade XRP for PRX on both Gatehub and Rippex's desktop client. If you are new to trading, I will try to guide you through the process and explain some of terms used on both pages. Please keep in mind for both Gatehub and Rippex you need to extend a trustline to PRX from issuer rPRXcb4T8r7VezKkgRbQBuzGrftsjgJcUu otherwise you can't hold nor trade PRX. On Rippex go to the Trust Lines tab and add this: On gatehub, visit your wallet screen. Click the advanced tab here: Next click the 'set trust' button here: Enter your password. Keep in mind…

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I don't support Bitcoin scaling.

You didn't misread the title. I don't support SegWit, I don't support bigger blocks. I think it is time to stop Bitcoin development. The scaling debate hasn't shown strength, it hasn't provided a 'trial by fire' childbirth of something greater. When Bitcoin is through whatever happens after August 1st, it will be weaker, it will be less valuable than it could have been. It will bounce back, but I don't think the community or the currency could handle another fight. We're divided as a community. It is time to let Bitcoin be. Bitcoin is not going to be used for coffee. Even if it is, at this jun…

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Looking at the top 70 altcoins by the problems they're looking to solve.

My perspective I definitely think we're in a huge bull market right now. Everyone is excited about cryptocurrencies and the future of decentralized assets again. But all good things come to an end, we will face another pull back and a lot of psychological suffering in the months (years?) to come. Looking at the vast amount of altcoins/tokens out there it's almost impossible to give each one time to properly research. That's why I have a fairly simple method to verify whether a coin is worth the time to research... before I understand how it works or how it will achieve its goal, I try to under…

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Announcing the PRX ICO

Posted on

PRX, the first ICO on Ripple's RCL THIS IS AN EXPERIMENTAL ICO. THIS IS NOT LIKE OTHER ICOS WITH A COMPANY BEHIND IT. READ THE FULL POST BEFORE YOU DECIDE TO PARTICIPATE. TOKENS WERE ISSUED UNDER A NEW ADDRESS AT rPRXcb4T8r7VezKkgRbQBuzGrftsjgJcUu YOU MUST REISSUE TRUST TO THAT ADDRESS TO RECEIVE YOUR TOKENS. Participate in the experiment! I am selling 1 billion PRX tokens. I created these while creating an article I posted recently. These tokens are capped. No more PRX tokens will ever exist. They live on the Ripple Consensus Ledger. As of yesterday, no one controls them. They aren't a curren…

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How to run an ICO on the Ripple Consensus Ledger

This is a step by step tutorial of how to issue an ICO of a limited IOU on the RCL. Updated July 13th 2017. The process: Creating the IOU 1: Download and setup Rippled: https://ripple.com/build/rippled-setup/#system-requirements 2: Create a founding wallet with this command: /opt/ripple/bin/rippled wallet_propose 3: Write down the wallet address, secret key, back up the information printed out in your console. 4: From another funded wallet, send the generated address like 21 xrp or so. 5: Create another wallet, fund it as well, this wallet will act as our 'hotwallet' to distribute funds. 6: I…

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