I saw @JohnEDeaton1 in fox news and, if I understand well, he mentions this might be a possibility now.
I donโt know if the fact that XRP will be included in the strategic reserve makes it as legal tender ( I donโt think so, but Iโm not sure).
Custody is the foundation of tokenization. The @Ripple custody solution has multiple underlying blockchains, like the TOP THREE for starters, #Bitcoin, #Ethereum and #XRP.
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https://t.co/tq1hL7KO2Z
[1/๐งต] XRP Ledger Crashcourse for Beginners!
The XRPL ecosystem is very unique from what many newcomers are used to, which begs the question, โWHAT THE HECK IS EVEN GOING ON HERE?โ
Here's everything you need to know packed into one single thread. ๐
The future of $XRP is exciting to say the least
We are truly watching the formation of a powerful multichain ecosystem
So, who are some of the teams building "L2"s for the XRPL and alt-chains that utilize XRP? ๐
- @TheRootNetwork $ROOT $XRP
Consumer-focused blockchain that uses XRP as the default gas token and has both EVM and Substrate integration that allows complex smart contract functionality for XRPL-issued assets. Built by the @futureverse team, TRN is the onchain infrastructure that helps facilitates high-quality content creation and game development using AI-driven tooling. FV also work with a variety of top-tier traditional IP (like RPO, Reebok, FIFA etc.), in order to use TRN as a way to onboard the next generation of users into blockchain. You can bridge XRP between the XRPL and The Root Network through your Futurepass or @The_Tradeverse (soon) ๐ฆพ
- EVM Sidechain $XRP
Developed by the @Peersyst team, the EVM Sidechain for the XRPL allows XRP to be bridged from the mainnet and then used within an ecosystem that enables smart contract functionality for XRPL-issued assets. With a strong focus on improving programmability within the XRP ecosystem, I believe we will see a number of exciting new use cases for XRP, especially around DeFi, launch on the EVM Sidechain. The EVM Sidechain is also working with @Axelar to facilitate bridging between the XRPL mainnet, the EVM Sidechain, and the entire Axelar network ๐ฅ
- Xahau $XAH $XRP
Xahau is an XRPL L2 that utilizes 'Hooks' to provide native smart contract-like functionality to the XRPL ecosystem. This allows developers to easily build unique onchain use cases for XRP inside these Hooks, without having to navigate the complexities of Solidity-based smart contracts. As Xahau is being developed by the @XRPLLabs team, you can easily bridge your XRP/XAH between the networks via the Xaman Wallet ๐ซก
And this is just the start... We've seen the explosion of L2s within other ecosystems, and the positive impacts it has on the usage of the core native token
I'm so excited by the multichain future for XRP, and we're proud to be contributing to it with our products built across multiple XRP-integrated networks at @Gen3Games ๐
Not this bullshit again... please! If you are holding XRP for these fake reasons, you better sell. We don't want more fake hype, confusion, and misinformation for the new XRP holders and XRPL users who will come in this bull run. When this video came out, I pointed out why this is bs: https://t.co/bZcjwtEWiC
If you want some good and solid information and why you should hold XRP then follow people such as @krippenreiter, @WKahneman, @sentosumosaba, @Vet_X0! And better read the following threads/posts in the comments:
[1/๐งต] The bull run is here and you're new to XRP and the XRP Ledger and don't know where to start? ๐คจ
Here's a comprehensive list of websites and the essentials you NEED to know to get started and get the hang of the ecosystem!
Follow me as I go! ๐
@MoonLamboio@OutdoorFinance I would say the BTC, gold, and dollars are backed by the same thing.... Thrust. Their value is directly related with the thrust the people have in them as a valuable thing.