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Validator Spotlight - UNL Deep Dive -

TL;DR: These companies and individuals included on the rUNL are the backbone of a 20bil dollar financial network. These posts dive deeper into a company's background, financial backers, integral partners, and other features to better understand who each of these validators are. This first post is about, an Austrian startup. Overall, there are no immediate redflags from Brex and it makes for a good inclusion being the only validator from Austria. However, doing this review has highlighted for me that other than Ripple's word, there is no connection to prove that the validator Brex claim…

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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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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: 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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Who are the Ripple Validators?

In this post I'm going to try to consolidate all public knowledge that currently exists about Ripple Validators. Additionally I will give two example UNL's based on current validators that exist at the end of the post. One additional note, the 'verification' that occurs on Ripple's site: is based off of emails you send to Ripple's team. They then have you sign two signatures, one of your domain name using your validator's private key, and one of your public key with your domain's SSL cert. These verifications are not posted publicly. That means unless…

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