Connect with us

Ripple

Ripple [XRP] announces an open source collaboration with Hyperledger – Another blockchain revolution

Sthuthie Murthy

Published

on

Ripple [XRP] announces an open source collaboration with Hyperledger - Another blockchain revolution
Source: PxHere

Ripple has just announced a collaboration with Hyperledger, an open source initiative, which is a very important step in establishing their long vision of the Internet of Value. They announced proudly about being a part of the Blockchain revolution.

Hyperledger is an industry-wide open source initiative to advance Blockchain technology, governed by the Linux Foundation. Hyperledger also tweeted the same stating, 14 organizations from India to Switzerland, BVIs to Spain are investing in open blockchain and distributed ledger technologies.

Hyperledger tweeted:

“14 new organizations from India to Switzerland, BVIs to Spain joined Hyperledger today. Welcome!”

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. These new members have added to the growth of the community of 231 organizations in more than 25 countries.

It has gained a lot of significance as a multi-project and multi-stakeholder, now holding 10 business blockchain and distributed ledger technologies. Hyperledger sawtooth 1.0 release was a driving force to build on momentum at the end of January this year.

The technical steering committee recently accepted Hyperledger Caliper, a blockchain performance benchmarking tool and to add on, the fabric version 1.1.0 was released just last week. This caliper permits users to measure the performance of any specific blockchain implementation with used cases that are predefined.

Ripple is currently trading at $0.547 with a 6.98% decline.

Kristen clarifies through her tweet that:

“I hope everybody is aware that Ripple is not a coin, XRP is. Ripple is a company, a project, every partnership or action from them doesn’t necessarily affect XRP’s price. Ripple is doing a great job, they are active and professional.”

Anand Sharma, a Ripple fan said:

“Interledger is freedom, truly inclusive as it allows users to connect ledgers to pay in whatever choice of currency they have.”

James Kudrow, a Twitterati says:

“Ripple is all talk and no value like the Titanic. It is the Titanic of the crypto world. Keeps dropping all the time. Stop your talks and let’s see some action in the place.”

Erwin Garry, a blogger posted:

“I cannot comment on Brad Garlinghouse cause he got me in the way. He doesn’t want to hear the truth because he is money minded and he is a fraud, blocked me from Twitter.”





Subscribe to AMBCrypto’s Newsletter




Follow us on Telegram | Twitter | Facebook



Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

XRP

XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind

Avatar

Published

on

XRP TipBot goes online after a tiny downtime
Source: Unsplash

XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error.”

A Twitter user, @BlueNETGaming, tweeted Wietse Wind, inquiring the same. Wind confirmed that it was just an “infrastructure blip,” and that there was nothing to be worried about.

Wind tweeted,

XRP TipBot is probably the first and most widely accepted use-case of XRP. It leverages the transaction settling time of XRP Ledger to make tipping easy among peers on Twitter, Reddit, and other platforms, and this was the brainchild of developer Wietse Wind.

After TipBot, a lot of other cryptocurrencies have tried to mimic this idea of facilitating tipping; an example being Bitcoin’s, Tippin.Me which leveraged Lightning Network for tipping users. Although successful, it isn’t as popular as Wind’s TipBot.

The reason behind the same is that XRP Ledger allows transaction settlement in under 5 seconds, which makes tipping fast and efficient, unlike Bitcoin’s transactions which take a few minutes for transactions to be confirmed.

This is same reason why XRP is being used as a liquidity provider for cross-border payments in Ripple’s proprietary product, xRapid.

XRP community is a tightly-knit community with people who are very bullish about XRP’s success. There are equally talented developers in the community who are developing apps that help create more use-cases for XRP.

SchlaubiDev is one such developer known for developing plugins for Gmail and Microsoft Office, plugins that allow a user to send XRP over e-mails.

Ripple has identified Wind and his team’s talent and inducted them into Xpring, which finances them to help develop more community-based apps for increasing XRP use-cases.





Subscribe to AMBCrypto’s Newsletter


Continue Reading