Ripple's former CTO David Schwartz revealed a 'Doomsday' protocol for the XRP Ledger (XRPL) to resist authoritarian takeovers. The plan includes making validator nodes anonymous and routing them through networks like Tor and I2P to avoid detection. In case of physical raids or arrests, the system would automatically replace compromised nodes with reserves, maintaining network consensus via a two-layer structure. This approach aims to ensure XRPL's survival and adaptability even under extreme pressure from state actors.
Lawyer Bill Morgan criticized Ripple's XRP escrow practice, arguing that instead of returning unused monthly token releases to escrow, Ripple could have distributed them. Ripple set up 55 billion XRP in 55 contracts in December 2017, each holding 1 b...
Crypto commentator Zach Rector suggests that current complaints about XRP's price could be a contrarian indicator, meaning frustration might precede a price increase. XRP was noted at $1.25 as of Nov. 2 in a daily price table, but this is not a trade...
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Dogecoin (DOGE) saw the largest 24-hour increase in futures open interest, rising 2.43% to $197.2 million, with a high funding rate of 0.0100% per eight hours, indicating strong long position dominance at 71.6%. In contrast, Bitcoin and Ether experie...
In October, the RLUSD stablecoin supply on the XRP Ledger sharply declined by $284 million, dropping about 28.7% to 707 million tokens. This reduction was due to large transactions returning RLUSD to its issuer, though the exact reasons remain unclea...
