Supply and demand matters. The rate of increase of the supply of Bitcoin will decrease until
the number of Bitcoin reaches 21 million, which is expected to take place in the year 2140
Similarly, the supply of Litecoin will be capped at 84 million units .
Topic: a tour through ripaex project's whitepaper (Read 417 times)
The cryptocurrency market cap has been projected to reach as high as $1-2 trillion in 2018
The market cap of Bitcoin exceeded $70 billion , with peak trading volumes around $3
billion per day.
Technology consulting firm CB Insights has identified 27 ways blockchain can fundamentally change processes as diverse as banking, cybersecurity, voting, and academics.
The market cap of Bitcoin exceeded $70 billion , with peak trading volumes around $3
billion per day.
Technology consulting firm CB Insights has identified 27 ways blockchain can fundamentally change processes as diverse as banking, cybersecurity, voting, and academics.
Fund-raising through the RIPA TEC platform will follow the schedule:
– from 07/02/2018 00:00 to 07/15/2018 23:59: with bonus of 50%
– from 07/16/2018 00:00 to 07/29/2018 23:59: with bonus of 40%
– from 07/30/2018 00:00 to 08/12/2018 23:59: with bonus of 30%
– from 08/13/2018 00:00 to 09/02/2018 23:59: with bonus of 20%
– from 09/03/2018 00:00 to 09/16/2018 23:59: with bonus of 10%
– from 09/17/2018 00:00 to 10/07/2018 23:59: with bonus of 5%
– from 07/02/2018 00:00 to 07/15/2018 23:59: with bonus of 50%
– from 07/16/2018 00:00 to 07/29/2018 23:59: with bonus of 40%
– from 07/30/2018 00:00 to 08/12/2018 23:59: with bonus of 30%
– from 08/13/2018 00:00 to 09/02/2018 23:59: with bonus of 20%
– from 09/03/2018 00:00 to 09/16/2018 23:59: with bonus of 10%
– from 09/17/2018 00:00 to 10/07/2018 23:59: with bonus of 5%
Bonus for Investors and for new Users
For all investors in the RipaEx ICO will be given e1,000.00 credit in trading commissions in
the first Ripa Exchange instance running, while a bonus of P
1,000.00 will be given to all new
registered users during the RipaEx ICO to use at your own will.
For all investors in the RipaEx ICO will be given e1,000.00 credit in trading commissions in
the first Ripa Exchange instance running, while a bonus of P
1,000.00 will be given to all new
registered users during the RipaEx ICO to use at your own will.
The RipaEx XPX token sale will be separated into two phases:
– PRESALE: that will run from April to September 2018
– RIPA TEC: that will run from October to December 2018
– PRESALE: that will run from April to September 2018
– RIPA TEC: that will run from October to December 2018
Ripa Liquidity Service Provider (R.L.S.P)
Using the SmartBridge technology RipaEx will build a mechanism to share liquidity between all
the exchanges in the Ripa network by writing the single exchange orderbook in the Ripa Blockchain
and by executing order matching between all exchanges in the network.
Using the SmartBridge technology RipaEx will build a mechanism to share liquidity between all
the exchanges in the Ripa network by writing the single exchange orderbook in the Ripa Blockchain
and by executing order matching between all exchanges in the network.
Listeners ACES Listeners provide a way for all the different blockchain transaction events
to be easily consumed via a common REST-ful API. The API allows consumers to create
subscriptions and receive blockchain events in real-time using Webhook callbacks.
to be easily consumed via a common REST-ful API. The API allows consumers to create
subscriptions and receive blockchain events in real-time using Webhook callbacks.
Fees
The fee for standard transactions is set at P
0.1 but the will be flexible in future releases of Ripa
Blockchain. At mainnet launch, a fee structure is provided out of the box to forging delegates with
the following rules:
– Transaction P 0.1
– Vote P 1 (101 votes per transaction)
– Second Signature P 1
– Multi Signature P
1 per signature + P
1 per signing account
– Registering a delegate P 25.
All fees are paid to the forging node which processes the block containing those fees.
4.4 Ripa
The fee for standard transactions is set at P
0.1 but the will be flexible in future releases of Ripa
Blockchain. At mainnet launch, a fee structure is provided out of the box to forging delegates with
the following rules:
– Transaction P 0.1
– Vote P 1 (101 votes per transaction)
– Second Signature P 1
– Multi Signature P
1 per signature + P
1 per signing account
– Registering a delegate P 25.
All fees are paid to the forging node which processes the block containing those fees.
4.4 Ripa
AS SAID RIPA BLOCKCHAIN IS AN ARK FORK AND WE WILL ENTRUST ARK AS OUR
BLOCKCHAIN TECHNOLOGY PROVIDER TO MERGE THEIR CODE INTO OUR LATEST FEATURES
FOR WHAT CONCERNING THE RIPA BLOCKCHAIN,
BLOCKCHAIN TECHNOLOGY PROVIDER TO MERGE THEIR CODE INTO OUR LATEST FEATURES
FOR WHAT CONCERNING THE RIPA BLOCKCHAIN,
DPoS (Delegated Proof of Stake)
– 101 active forging Delegates
– Delegates selected by vote mechanism built into DPoS
– 115,000,000 XPX - Seeded Genesis Block
– 101 active forging Delegates
– Delegates selected by vote mechanism built into DPoS
– 115,000,000 XPX - Seeded Genesis Block
Ripa Blockchain, will inherits the Delegated Proof of Stake (DPoS) consensus system that was first
introduced by BitShares. This consensus algorithm was designed to eliminate the issues associated
with Proof of Work (PoW), namely the centralization of computing power and the exponentially
increasing waste of real world energy.
introduced by BitShares. This consensus algorithm was designed to eliminate the issues associated
with Proof of Work (PoW), namely the centralization of computing power and the exponentially
increasing waste of real world energy.
The RipaEx project will have its own blockchain called Ripa which will be run on the DPOS
protocol and has the XPX token (P
symbol) running on it that will serve the five following purposes:
1. to list new cryptocurrencies on Ripa Exchanges
2. to advertise new projects
3. to buy RipaEx gadget on the RipaEx Store
4. to pay for the sell of goods & services on authorized resellers with our RipaEx POS (Point of
Sale)
5. to share liquidity between Ripa Exchanges in the same network
Ripa (XPX or P
) is a cryptocurrency derivate from ARK, Lisk, Crypti and BitShares with
unique differences and improvements for reaching the goal of shared liquidity between exchanges
in the same Ripa network.
protocol and has the XPX token (P
symbol) running on it that will serve the five following purposes:
1. to list new cryptocurrencies on Ripa Exchanges
2. to advertise new projects
3. to buy RipaEx gadget on the RipaEx Store
4. to pay for the sell of goods & services on authorized resellers with our RipaEx POS (Point of
Sale)
5. to share liquidity between Ripa Exchanges in the same network
Ripa (XPX or P
) is a cryptocurrency derivate from ARK, Lisk, Crypti and BitShares with
unique differences and improvements for reaching the goal of shared liquidity between exchanges
in the same Ripa network.
Ripa Exchange is a centralized exchange which will be converted into an hybrid-decentralized
exchange to create a network of exchanges that share the same liquidity between each of them so
you can offer liquidity from day 1 of your exchanges operations.
exchange to create a network of exchanges that share the same liquidity between each of them so
you can offer liquidity from day 1 of your exchanges operations.
User Interface
Ripa Exchange user interface is based on Peatio user interface a UI responsive user interface built in
Ruby on Rails and completely separated from the exchange order engine. Design for a customised
UI are in place to offer to Ripa Exchange users the best experience on all devices: here you can
find some screenshots of the current exchange interface design.
Ripa Exchange user interface is based on Peatio user interface a UI responsive user interface built in
Ruby on Rails and completely separated from the exchange order engine. Design for a customised
UI are in place to offer to Ripa Exchange users the best experience on all devices: here you can
find some screenshots of the current exchange interface design.
A wonderful project! Great team! A unique opportunity to invest in this idea!
Start small, grow big.
Ripa Exchange enterprise exchange
features include a high-performance
matching engine, scalable distributed
worker threads, and SMS 2-factor
authentication.
Ripa Exchange enterprise exchange
features include a high-performance
matching engine, scalable distributed
worker threads, and SMS 2-factor
authentication.
Easy currency configuration.
Ripa Exchange allows to create multiple
accounts and trading in multiple currencies.
Ripa Exchange makes it is easy
to trade different currencies.
Ripa Exchange allows to create multiple
accounts and trading in multiple currencies.
Ripa Exchange makes it is easy
to trade different currencies.
All users are able to view
Ripa Exchange in a language
to their best convenience.
Supporting many common languages,
Ripa Exchange makes it easy for users
to operate in their mother tongue. You
are encouraged to contribute to our
language variety. Users will benefit from
your efforts.
Ripa Exchange in a language
to their best convenience.
Supporting many common languages,
Ripa Exchange makes it easy for users
to operate in their mother tongue. You
are encouraged to contribute to our
language variety. Users will benefit from
your efforts.
WHO: while it is very expensive to insure money exchanges operations and money transmitting
operations, examples of customer protections in the industry are: Kraken platform
which is offering Mt. Gox users partial refund of their lost, BitFinex exchange has launched
the BFX token to repay users for the lost of 120,000 bitcoin (valued $72,000,000 at the time
of the hacking) caused by the change in the wallet configuration done by the exchange itself,
Ethereum did a network fork on the block height 1,920,000 to stop the lost of ETH funds
from The DAO, Decentralized Autonomous Organization that had a bug that permits users to
14 Chapter 2. Introduction
claim their ETH back using recurrency in The DAO codebase, other hacking cases..
operations, examples of customer protections in the industry are: Kraken platform
which is offering Mt. Gox users partial refund of their lost, BitFinex exchange has launched
the BFX token to repay users for the lost of 120,000 bitcoin (valued $72,000,000 at the time
of the hacking) caused by the change in the wallet configuration done by the exchange itself,
Ethereum did a network fork on the block height 1,920,000 to stop the lost of ETH funds
from The DAO, Decentralized Autonomous Organization that had a bug that permits users to
14 Chapter 2. Introduction
claim their ETH back using recurrency in The DAO codebase, other hacking cases..
International KYC/AML
standards.
Ripa Exchange KYC efficiently submits
and exchanges KYC information to meet
the banking supervisory standards and
comply with Customer Due Diligence
(CDD) requirements.
standards.
Ripa Exchange KYC efficiently submits
and exchanges KYC information to meet
the banking supervisory standards and
comply with Customer Due Diligence
(CDD) requirements.
Ripa Exchange is a customizable cryptocurrency
exchange solution architecture
enables easy connection to KYC/AML,
authentication, ETL/reporting, and other
services.
exchange solution architecture
enables easy connection to KYC/AML,
authentication, ETL/reporting, and other
services.
So, you're basically copy paste a bit of the whitepaper in here so you can expect to get more views by that kind of strategy?
dear siri am a bounty participant in their signature campaign ,and there is a number of posts to be done
and the best way to know a project is studying its whitepaper, so every day i publish a small quote from the whitepaper
WHERE: any assessment of your local market should include: number of potential users to
reach, type of exchange to incorporate (FIAT,CRYPTO or CRYPTO,CRYPTO), type
of virtual currencies protocol to integrate (POW, DPOS, Masternodes, others...), types of
services to offer (exchange only, advanced trading tools, payment processor, others...), if
FIAT,CRYPTO exchange number of FIAT payments processors to accept (PayPal, OKPay,
MoneyPolo, others...), number of others exchanges in your region.
reach, type of exchange to incorporate (FIAT,CRYPTO or CRYPTO,CRYPTO), type
of virtual currencies protocol to integrate (POW, DPOS, Masternodes, others...), types of
services to offer (exchange only, advanced trading tools, payment processor, others...), if
FIAT,CRYPTO exchange number of FIAT payments processors to accept (PayPal, OKPay,
MoneyPolo, others...), number of others exchanges in your region.
So, you're basically copy paste a bit of the whitepaper in here so you can expect to get more views by that kind of strategy?
WHERE: the two critical factors affecting the cryptocurrency industry are competion from
banks and State legislation (bans, etc). Although a harmonization throughout Europe would
be beneficial to development of the industry both in terms of taxation and warranty approvals,
this is currently not the case. Each country worldwide has its specific legislation and tax
regime for all exchanges operations involving FIAT money, and State banning is going to
completely liberalization of this activities like European Union to complete banning and
imprisonment of operators in this industry like Bangladesh
banks and State legislation (bans, etc). Although a harmonization throughout Europe would
be beneficial to development of the industry both in terms of taxation and warranty approvals,
this is currently not the case. Each country worldwide has its specific legislation and tax
regime for all exchanges operations involving FIAT money, and State banning is going to
completely liberalization of this activities like European Union to complete banning and
imprisonment of operators in this industry like Bangladesh
I have found enough comprehensive information about this project in white paper. I advise everyone to read this document
WHY: benefits of virtual currencies schemes like bitcoin are in a deflationary economy, in
limited emission of money, in near instant and without border value transfer operations, in
relative anonymity and in the separation between the entities that produce the money (miners)
from the entities that code the economic theory behind it (developers).
limited emission of money, in near instant and without border value transfer operations, in
relative anonymity and in the separation between the entities that produce the money (miners)
from the entities that code the economic theory behind it (developers).
WHY: the arguments for crypto asset marketplaces are for financial freedom, decentralizing of
the value-transferring operations, and real ownership of your money. There are other benefits,
well documented, such as faster payments, long term gain based on deflationary economy
and prediction of Great Depressions like the one that hit the global economy in 2008. But
above all, virtual currencies are the only direct competitor to centralized value-transferring
operations done by central banks.
the value-transferring operations, and real ownership of your money. There are other benefits,
well documented, such as faster payments, long term gain based on deflationary economy
and prediction of Great Depressions like the one that hit the global economy in 2008. But
above all, virtual currencies are the only direct competitor to centralized value-transferring
operations done by central banks.
The turnover of such an enterprise however, because of the high value of the end product,
is likely to be more than e350,000 a year and could be several times higher. A business of
this scale lends itself to the following possible company structures: A simple partnership;
A limited company; A non-profit company or social enterprise; A worker co-operative.
Financial Agencies are potential key actors, but the type of business they can set up will
depend on their legal status which does vary from country to country.
is likely to be more than e350,000 a year and could be several times higher. A business of
this scale lends itself to the following possible company structures: A simple partnership;
A limited company; A non-profit company or social enterprise; A worker co-operative.
Financial Agencies are potential key actors, but the type of business they can set up will
depend on their legal status which does vary from country to country.
Payment Licence: by far the biggest and most arduous task with regards to legitimising
the FIAT,CRYPTO exchange operations is obtaining a PSD Licence [8]. The PSD
license follows Council Directive 2007/64/EC and is applied in each country via its
own national laws. Costs of an PSD license can vary between hundred thousand euro
to one order of magnitude greater depending on the exchange volume.
the FIAT,CRYPTO exchange operations is obtaining a PSD Licence [8]. The PSD
license follows Council Directive 2007/64/EC and is applied in each country via its
own national laws. Costs of an PSD license can vary between hundred thousand euro
to one order of magnitude greater depending on the exchange volume.
HOW: options for finding users for your exchange operations are: targeted marketing
campaigns, innovative features in the industry, fee level based on trading quantities, bonuses
for first registration and trading quantities, affiliate marketing for paying users to bring their
friends to your exchange
campaigns, innovative features in the industry, fee level based on trading quantities, bonuses
for first registration and trading quantities, affiliate marketing for paying users to bring their
friends to your exchange
HOW: the main problems encountered in opening a FIAT,CRYPTO marketplace is to find
trusted banking partners to comply with the many different AML/KYC rule and procedures
to exchange virtual currencies to FIAT currencies.
trusted banking partners to comply with the many different AML/KYC rule and procedures
to exchange virtual currencies to FIAT currencies.
WHERE: local authorities are working with National Governments to make sure local
exchangers in the national territory are complying with national and international AML/KYC
regulations. Venture capitals and Angel Investors are starting to release financing solutions
to start-ups in the Fintech industry all over the world from America to Asia passing through
Europe and some Countries are starting state-owned cryptocurrencies schemes to test the
exchange of goods & services on those (distributed ledger) technologies
exchangers in the national territory are complying with national and international AML/KYC
regulations. Venture capitals and Angel Investors are starting to release financing solutions
to start-ups in the Fintech industry all over the world from America to Asia passing through
Europe and some Countries are starting state-owned cryptocurrencies schemes to test the
exchange of goods & services on those (distributed ledger) technologies
WHO: the results indicate that medium tech savvy from 18 to 45 is the average user of virtual
currencies although the corporate finance companies are also starting to put virtual currencies
schemes inside their portfolio especially since the presentation of the Bitcoin futures contract
from CME Group Inc. in the stock exchange of Chicago last 18th of December 2017.
currencies although the corporate finance companies are also starting to put virtual currencies
schemes inside their portfolio especially since the presentation of the Bitcoin futures contract
from CME Group Inc. in the stock exchange of Chicago last 18th of December 2017.
In July 2016 the European Commission adopted proposals for legislation to amend the 4th
Anti-Money Laundering Directive (4AMLD) that will bring virtual currencies exchanged
and wallet providers into the EU’s anti-money laundering framework [15].
In February 2018 the European Commission launched the EU Blockchain Observatory
and Forum [7] to highlight key developments in blockchain technology, promote European
actors and reinforce European engagement with multiple stakeholders involved in blockchain
activities.
Anti-Money Laundering Directive (4AMLD) that will bring virtual currencies exchanged
and wallet providers into the EU’s anti-money laundering framework [15].
In February 2018 the European Commission launched the EU Blockchain Observatory
and Forum [7] to highlight key developments in blockchain technology, promote European
actors and reinforce European engagement with multiple stakeholders involved in blockchain
activities.
I don't understand, you could just put all this under one post.
WHAT: crypto assets are an alternative to centralized assets managed by (country-specific)
stock exchanges. Although certain stock exchanges gives the possibility to their users to
verify and manage the assets they own, the verification process is not always transparent, that
is the reason because from 2009 [23] onwards a new types of (community-verifiable) assets
have been implemented to give small, medium and big investors complete transparency in
the managing of their investments assets.
stock exchanges. Although certain stock exchanges gives the possibility to their users to
verify and manage the assets they own, the verification process is not always transparent, that
is the reason because from 2009 [23] onwards a new types of (community-verifiable) assets
have been implemented to give small, medium and big investors complete transparency in
the managing of their investments assets.
RipaEx Partners - RipaEx Governance
Most of the partners are entrepreneurs in the virtual currency industry, but a research institute and
Financial Organizations are also represented. The partners are:
– Coordinator: RipaEx SCIC
– CoBeneficiaries: Ripa Exchange Ltd
Most of the partners are entrepreneurs in the virtual currency industry, but a research institute and
Financial Organizations are also represented. The partners are:
– Coordinator: RipaEx SCIC
– CoBeneficiaries: Ripa Exchange Ltd
DISSEMINATION (WP 7/8) AND PROJECT COORDINATION (WP1)
During the full duration of the project, dissemination activities (WP 7/8) are carried
out in which results from the individual work packages are disseminated to relevant target
groups including project partners, RipaEx investors, exchanges managers, banking
partners as well as relevant target groups. This phase covers a wide range of dissemination
techniques, from printed and electronic handbooks to workshops and training
sessions, hackatons, ongoing networks, all having the ultimate goal of defining a standard
for exchange communication among public and private entities. An overarching
work package is concerned with the management of the project from start to finish,
ensuring proper coordination, quality assurance and budgetary control (WP1).
During the full duration of the project, dissemination activities (WP 7/8) are carried
out in which results from the individual work packages are disseminated to relevant target
groups including project partners, RipaEx investors, exchanges managers, banking
partners as well as relevant target groups. This phase covers a wide range of dissemination
techniques, from printed and electronic handbooks to workshops and training
sessions, hackatons, ongoing networks, all having the ultimate goal of defining a standard
for exchange communication among public and private entities. An overarching
work package is concerned with the management of the project from start to finish,
ensuring proper coordination, quality assurance and budgetary control (WP1).
RipaEx Partners - RipaEx Governance 9
FIRST EXCHANGE OPENING AND DEVELOPMENT OF TOOLS AND RESOURCES
(WP3)
The second phase takes the results of the first and develops from them a set of tools
and resources which provide concise and comprehensible guidance to market actors
in any Country. With the first instance of Ripa Exchange running we can make first
contact with other economical players in the industry.
PHASE ENDING JUNE 2019.
FIRST EXCHANGE OPENING AND DEVELOPMENT OF TOOLS AND RESOURCES
(WP3)
The second phase takes the results of the first and develops from them a set of tools
and resources which provide concise and comprehensible guidance to market actors
in any Country. With the first instance of Ripa Exchange running we can make first
contact with other economical players in the industry.
PHASE ENDING JUNE 2019.
RIPAEX ICO: the name of fixed exchange rate token exchange period composed of both the
phases of PreSale and RIPA TEC
ARK: a platform for consumer adoption of blockchain technologies
phases of PreSale and RIPA TEC
ARK: a platform for consumer adoption of blockchain technologies
RIPA TOKEN - XPX: a cryptographically secure token exchanged on the Ripa blockchain based
on the DPOS protocol
on the DPOS protocol
RIPA EXCHANGE: a FIAT , CRYPTO exchange (a cryptocurrency exchange) based on the
source code of Peatio
source code of Peatio
ARK ecosystem is still at its early stage of development:
in future implementations there will be the possibility to run smart contracts natively on the ARK
2.0 blockchain, this will permits this blockchain technology to compete with Ethereum from a
technological point of view. RLSP will permits to share the same liquidity-orderbook to each
exchange in the Ripa Network based on single exchange installation privacy rules and preferences
in the admin area of your individual exchange instance.
in future implementations there will be the possibility to run smart contracts natively on the ARK
2.0 blockchain, this will permits this blockchain technology to compete with Ethereum from a
technological point of view. RLSP will permits to share the same liquidity-orderbook to each
exchange in the Ripa Network based on single exchange installation privacy rules and preferences
in the admin area of your individual exchange instance.
For reaching that goal, we chosen to build our Ripa Liquidity Service Provider technology on top
of ARK - a blockchain for consumer adoption - which primary focus is increasing consumer adoption
for blockchain technologies focusing on two critical areas: A Fast Secure Core Technology
and Practical Services for Real People.
of ARK - a blockchain for consumer adoption - which primary focus is increasing consumer adoption
for blockchain technologies focusing on two critical areas: A Fast Secure Core Technology
and Practical Services for Real People.
The industry of virtual currencies has a high bar to entry from a technical point of view for the
average user and a high bar to entry from an economical point of view for the average entrepreneur
for buying a reliable crypto exchange source code, hiring professional DevOps personnel, hiring
customer support specialists, complying with national and international AML/KYC regulations and
having liquidity from day one of the exchange start of operations. We want to lower this barrier
because to entry this industry because running an exchange is HARD and we want you to focus
on things that matter, not on the caveats that the industry requires because you want to start a
business in this industry and you need the source code to do it.
quoted from wp
average user and a high bar to entry from an economical point of view for the average entrepreneur
for buying a reliable crypto exchange source code, hiring professional DevOps personnel, hiring
customer support specialists, complying with national and international AML/KYC regulations and
having liquidity from day one of the exchange start of operations. We want to lower this barrier
because to entry this industry because running an exchange is HARD and we want you to focus
on things that matter, not on the caveats that the industry requires because you want to start a
business in this industry and you need the source code to do it.
quoted from wp
It is the aim of this project to give you an Open Source, efficient, reliable exchange platform
and to give the needed liquidity1 to your newly created exchange from day one so you can focus on
finding your customers, give platinum support and comply with all the heterogeneous laws in the
industry. As we want that the customer experience will be the sleekest possible, while making it
safer to trade.
and to give the needed liquidity1 to your newly created exchange from day one so you can focus on
finding your customers, give platinum support and comply with all the heterogeneous laws in the
industry. As we want that the customer experience will be the sleekest possible, while making it
safer to trade.
The team of RipaEx believes that, despite the recent developments in the world of cryptocurrencies,
it is still expensive to open, manage and build trust on a newly created exchange not only for
the resources need to run a reliable exchange platform but also for the build of the platform itself
and to find the liquidity necessary to run a profitable business in the first 5 years gap.
it is still expensive to open, manage and build trust on a newly created exchange not only for
the resources need to run a reliable exchange platform but also for the build of the platform itself
and to find the liquidity necessary to run a profitable business in the first 5 years gap.
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