Do you need XRP reserves to receive trust lines?

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The Ripple account reserves are documented on the Ripple wiki.

The trust line reserves are only for trust that you set. Others cannot cause your reserves to increase by adding a trust line to you.

The client warns you when you are bellow twice your current XRP reserve limit by placing a warning symbol beside your XRP summary (located at the top right of the client). Wheather the warning is shown or not, hovering the pointer over the XRP summary will provide a "tool tip" with the current reserve requirements.*

If an action would put you under the reserve requirements (such as sending too much XRP, creating a trade offer, setting a new trust line) the action is refused with an error. When below the reserve requirements you can still do other transactions so long as you have enough XRP to pay the 0.000010 XRP transaction fee.

Note:There is currently a client bug that causes the reserve requirements shown to be twice the old levels, about eight times the...
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The reserve that is required to create the line. Note that although the reserve increases with every item an account owns, in the case of trust lines we only *enforce* a reserve if the user owns more than two items.

We do this because being able to exchange currencies, which needs trust lines, is a powerful Ripple feature. So we want to make it easy for a gateway to fund the accounts of its users without fear of being tricked.

Without this logic, a gateway that wanted to have a new user use its services, would have to give that user enough XRP to cover not only the account reserve but the incremental reserve for the trust line as well. A person with no intention of using the gateway could use the extra XRP for their own...

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'P4man' is an active bitcoin miner and investor with an academic background in economy and IT. He has been a member of the online discussion forum Bitcoin Talk since September, 2011.

In this opinion piece, P4man looks at the cryptocurrency market to see if there is a credible investment alternative to bitcoin, focusing this time on XRP, the native token for blockchain startup Ripple's consensus protocol.

I have to admit, I've dreaded writing this part of my series.

Among investors, Ripple is one the most divisive cryptocurrencies around – it's either loved or despised, both with equal passion. Even more than ethereum, I believe, it's misunderstood because it's so different from bitcoin.

But, being number three in market cap (actually number two, but more on that later), I can't really avoid writing about it.

Early confusion

Ripple dates back to 2012. I remember when it was launched, as I was one of the beneficiaries of what I believe was...

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The Ripple Consensus Ledger applies reserve requirements, in XRP, to protect the shared global ledger from growing excessively large as the result of spam or malicious usage. The goal is to constrain the growth of the ledger to match improvements in technology so that a current commodity-level machine can always fit the current ledger in RAM and the full ledger history on disk.

To submit transactions, an address must hold a minimum amount of XRP in the shared global ledger. You cannot send this XRP to other addresses. To fund a new address, you must send enough XRP to meet the reserve requirement.

The current minimum reserve requirement is 20 XRP. (This is the cost of an address that owns no other objects in the ledger.)

Base Reserve and Owner Reserve

The reserve requirement is divided into two parts:

The Base Reserve is a minimum amount of XRP that is required for every address in the ledger. Currently, this is 20 XRP (20000000 drops). The Owner...
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by JOHN LIGHT - Nov. 27, 2013

Ripple is a project I’ve been meaning to write about for a while now, but told myself I would hold off sharing my thoughts until they’d open-sourced. Ripple Labs, Inc, (formerly OpenCoin, Inc) open-sourced the software back in September of this year, and since then I have been devoting more time to examining the project and learning to use the Ripple client. What I have come to realize is that Ripple is the decentralized exchange that the cryptocurrency community has been clamoring for.

Developer Ryan Fugger started the Ripple project to create an open source mutual credit and financial payment system, which is now called “RipplePay” or “Ripple Classic.” After the founders of Ripple Labs picked up the idea and began to expand on it, Ripple took on the form that it has today: a decentralized payment network and currency exchange which can be used to settle transactions in seconds. Ripple has several components, each of which we’ll examine...

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Ripple (XRP) is currently the second highest cryptocurrency in the market by market cap.

In the past month, the price has gone up by +977% & people who have invested in XRP are making a great profit.

As of right now (May 2017), XRP is one of the best cryptocurrencies to invest in.

If you are planning to buy Ripple (XRP), you may have a couple questions:

Where should you store XRP? What wallet supports XRP? How to buy XRP?

In this guide, I will help you understand everything you need to start holding XRP.

I have also shared some of the best XRP wallets in the market that are safe, secure, and trusted by other cryptocurrency enthusiasts like you.

Let’s start with where can you get XRP…

Where can you buy XRP?

There are many places from where you can get XRP.

The best way is to buy Bitcoin & exchange them for Ripple.

Changelly & ShapeShift are two popular websites to exchange BTC (or other...
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Ripple logo

Ripple (XRP) is a peer-to-peer powered cryptocurrency designed to work seamlessly with the Internet to allow a fast, direct and secure way to send payments on the web.

History

Ripple was first implemented in 2004 by Ryan Fugger, a Web developer in Vancouver, B.C., Canada. In 2005, Fugger began to build Ripplepay as a financial service to provide secure payment options to members of an online community via a global network.

This led to the development of a new Ripple system in 2011 by Jed McCaleb. It was designed to eliminate Bitcoin's reliance on centralized exchanges, use less electricity than Bitcoin, and perform transactions much more quickly than Bitcoin.

Concept

In Ripple, users make payments between themselves by using cryptographically signed transactions denominated in arbitrary real-world assets (dollars, gold, airmiles etc). To this end, Ripple keeps a ledger which records debts between users that trust each other....

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Ripple, an open source, peer-to-peer payment network is on it’s way to dominate the world of crypto currency. Ripple or “ XRP ” claims to have an advantage over bitcoin with having a decentralized network which has the twin benefits of not having to wait for confirmations and there being no central point of failure, which should provide stability.

Note : If you’re looking to buy Ripple for trading purposes only check out our previous post regarding plus500.

OpenCoin, parent company behind ripple: has determined that the coins will be in total 100 billion. All ripples have already been generated and will be distributed later. The Bitcoin, however, have a fixed limit of 21 million units will be created gradually until 2140 to get it. In order to purchase ripple, first of all you need a ripple address, if you don’t have your ripple wallet then follow our previous guide to setup ripple wallet and address.

Note : You must have 50 XRP in your ripple wallet to...

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As some of you might know, I really like the idea behind the Ripple system. Creating a settlement layer based on trust and IOUs, being able to issue any asset easily, working quite well as a middleware layer, incentivising specialisation, creating a singularity of money, all of that is great. The system is not without its flaws however - centralisation of validators is an issue, and so is the token distribution. While both are interesting topics, with the recent meteoric rise in XRP price, I think it's worth focusing on that part of the discussion.

Basics of Ripple and XRPs

Ripple is a Crypto 2.0 system launched in late 2012. It is based on a protocol predating Bitcoin by a few years, known as Ripplepay. As any good Crypto 2.0 network, Ripple allows its users to issue and transact in any currency. It also supports its own native currency - ripples, or XRPs.

XRPs have a few key uses on the Ripple network. They are used to pay transaction fees, and are required...

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‘P4man’ is an active bitcoin miner and investor with an academic background in economy and IT. He has been a member of the online discussion forum Bitcoin Talk since September, 2011.

In this opinion piece, P4man looks at the cryptocurrency market to see if there is a credible investment alternative to bitcoin, focusing this time on XRP, the native token for blockchain startup Ripple’s consensus protocol.

I have to admit, I’ve dreaded writing this part of my series.

Among investors, Ripple is one the most divisive cryptocurrencies around – it’s either loved or despised, both with equal passion. Even more than ethereum, I believe, it’s misunderstood because it’s so different from bitcoin.

But, being number three in market cap (actually number two, but more on that later), I can’t really avoid writing about it.

Early confusion

Ripple dates back to 2012. I remember when it was launched, as I was one of the beneficiaries of what I believe was...

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Executive Summary

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This document is intended for people who would like to get an idea on what Ripple and XRP is about. I tried to use as many sources as possible. Thoughts & feedback appreciated.

Unless you are a Bitcoin enthusiast, this potential trade idea might not sound incredibly intuativeto you. Putting your Dollars into a string of 1's and 0's might even feel like a capital marketssuicide squad. But the market for

cryptocurrencies

has been constantly growing in the past fewyears

1)

, though most people believe that it's still in its early days with the vast majority of growthto come with (mainstream) adoption. Indeed, it's still very inconvenient to buy (and store) digitalassets. I've researched a lot (currently ~870

2)

cryptocurrencies in existence with a ~$100bn totalmarket cap only) and

“XRP“

looks to me to be the most promising one right now. In contrast toalmost all others, XRP...

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Ripple (XRP) Debit Card is a card that links directly to your Ripple and keeps your money protected.

World's first Unlimited Ripple debit card

Ripple (XRP) Debit Card allows you to pay, simply and securely, in person, online, over the phone or through the mail. UQUID account help you loading money into your card, keep track of your spending and balance.

Ripple (XRP) Debit Card can be used whether you're home or away, at any time of day or night, so there's no need for cash Wherever you use Ripple (XRP) Debit Card, you are fully protected. If, for example, you're unfortunate enough to book a holiday with an airline or travel agent that becomes insolvent, you'll generally get your money back. Similarly, if you order something that is not delivered, not as described, or arrives faulty or damaged, you’ll receive a full refund It's a safe, secure way to pay, backed up by proven security technologies like Verified by Visa and Chip and PIN It's more versatile than...
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Solutions to some common installation problems.

IMPORTANT: After every step, wait 20 seconds and check if the problem is solved.

Check the manual to see if another installation step is needed (like installing drivers/software ) and do this step. Connect the Trust product to another USB port. Connect the Trust product not to a hub, but directly to the computer (and vise versa) Remove any other USB device from the computer. Remove* any old drivers related to the same kind of product. Run Windows Update and restart PC. Keep internet connection enabled when connecting the Trust product. Update the drivers of your motherboard (consult with your computer manufacturer to find out how)

* To remove old drivers, follow these steps

Click the Windows Start button Click "Control Panel" Click "Programs/Uninstall" Select the old driver in the list. Click "Uninstall"

When none of these steps are working, try your product on another computer.
Does your product...

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Ever been stuck on a problem you couldn’t solve, and trying to find the answer on Google simply added to your anger and frustration? Chances are, having a brain trust could have helped you solve the problem in a few hours, if not minutes. What is a brain trust and why should you build one?

Historically, a brain trust was a group of advisers who aided a state leader in making important decisions. The first brain trust was formed around US President Franklin Roosevelt in the 1930s. Nowadays, a brain trust is simply a group of your high-level peers. These are people whose fresh perspective on your problems will help you gain insights that would have likely taken many years to figure out on your own.

Recommended Reading: 6 Ways To Unleash Creativity In The Workplace

In this post, we’re going to explore 5 ways you can find and create your own brain trust, as well as participate in a larger network of well-informed professionals who help each...

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Venture capitalist William Mougayar calls blockchain “the second significant overlay on the internet, just as the web was the first layer back in 1990”. When most people think of blockchain, Bitcoin instantly comes to mind. But the potential that excites Mougayar and many others goes far beyond financial transactions made using such digital currencies. It touches on what we at Ripple have for many years called “the Internet of Value.”

What is the Internet of Value?

Our vision is for value to be exchanged as quickly as information. Although information moves around the world instantly, a single payment from one country to another is slow, expensive and unreliable. In the US, a typical international payment takes 3-5 days to settle, has an error rate of at least 5% and an average cost of $42. Worldwide, there are $180 trillion worth of cross-border payments made every year, with a combined cost of more than $1.7 trillion a year.

With the Internet of Value, a...

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Piotr Piasecki is a senior developer at Factom and an MSc in Computer Science who wrote a master thesis on the subject of bitcoin security in 2012.

In this article, Piasecki offers his commentary on the rising price of XRP, the native token on the Ripple Consensus Ledger, aiming to offer a valuation for the cryptographic asset based on its underlying protocol and desired utility.

As some of you might know, I really like the idea behind the Ripple system.

Creating a settlement layer based on trust and IOUs, being able to issue any asset easily, working quite well as a middleware layer, incentivizing specialization, creating a singularity of money, all of that is great. The system is not without its flaws however – centralization of validators is an issue, and so is the token distribution.

But while both are interesting topics, with the recent meteoric rise in XRP price, I think it's worth focusing on that part of the discussion.

Basics of Ripple...

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