News & Commentary
Scoop: Ripple dangled money in front of Gemini and Coinbase (including a $1 million cash payment and a loan of more than $100 million worth of XRP) in an attempt to get the exchanges to list XRP, four people familiar with the matter say https://t.co/fqWtG82u8X— Lily Katz (@LilyKatz) April 4, 2018
The news report directly contradicts a persistent Twitter-rumor that XRP would indeed be listed at these exchanges:
Further news on $XRP/Coinbase rumor: Just heard from someone who was at Coinbase's Xmas party that talk about XRP getting added was top of discussion among employees. Seems it's real, folks. Coinbase is going to make a ton from the amount of everyday people rushing to buy.-- Logan Kugler (@logankugler) January 3, 2018
Commentary on Ripple and securities law:
:3: XRP is a security. Ripple Co is the issuer. Brad Garlinghouse, Chris Larsen, and other Ripple Co executives are subject to the anti-fraud laws under SEC jurisdiction.— :: lawson baker :: (@lwsnbaker) April 4, 2018
Including those tweets above and many more.
Commentary from the legion of Ripple Twitter bots:
lol these guys always pop up in your TL within 60 seconds of saying the 'R' word— میگم نره٬ میگه بدوش (@arbedout) April 4, 2018
Joined June 2011, 16 tweets, all in the past 9 hours, all the same nonsense pic.twitter.com/tvI1DMQcSq
It is not uncommon for tokens to pay to get listed on exchanges. However, major U.S. exchanges tend to be more conservative in light of the SEC's statement that crypto exchanges must register as Alternative Trading Systems.
Technical & Updates
"Changing the proof of work algorithm often comes with costs and is a never ending game of cat and mouse. Developers can obviate this game by focusing on the creation of a fair and sustainable environment for ASIC production and development."
"The key innovation described in the white paper are 'Poon-Dryja channels'. Like earlier payment channel designs, Poon-Dryja channels depend on the exchange of partially signed and non-broadcasted transactions."
"War is what first pushed the Colonies to print en masse. Massachusetts sold notes to the public to fund its battles in Canada in 1690, promising that citizens could later use that money to pay their taxes. Congress followed suit by printing fully $200 million in 'Continental' dollars to fund its expensive revolution against Britain. Soon, though, disaster loomed: As Congress printed more and more bills, it triggered catastrophic inflation."
"The move signals that ASRock - which released a mining-specific motherboard back in 2013 - is looking to capitalize on the demand for GPUs by miners, who use the tech in the energy-intensive mining process. That demand has led to companies like AMD and Nvidia to see growing sales (though both firms have said that cryptocurrency miners only form a small part of their customer base)."
"Decred officially launched in February 2016. Unlike other altcoin projects, the focus is around community input and open governance. Decred ensures that a small number of people cannot dominate the network by using a hybrid Proof-of-Work and Proof-of-Stake model."
PSA: SHA2 miners would indeed be obsoleted by a PoW change, but that's *normal* for miners: every generation has been made obsolete and unprofitable by every generation of SHA2 miners after that. Halong's AsicBoost miners made Bitmain's (publicly-available) SHA2 miners obsolete.— Luke Dashjr (@LukeDashjr) April 4, 2018
"European data protections go into effect in May, which will require internet companies to ensure that users are able to consent to the data that’s being collected about them and that companies are clear about how that data is used."