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How to run an ICO on the Ripple Consensus Ledger

This is a step by step tutorial of how to issue an ICO of a limited IOU on the RCL. Updated July 13th 2017. The process: Creating the IOU 1: Download and setup Rippled: 2: Create a founding wallet with this command: /opt/ripple/bin/rippled wallet_propose 3: Write down the wallet address, secret key, back up the information printed out in your console. 4: From another funded wallet, send the generated address like 21 xrp or so. 5: Create another wallet, fund it as well, this wallet will act as our 'hotwallet' to distribute funds. 6: I…

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Vanity Public Ripple Validator

There are many reasons to run a Ripple validator. Warren Anderson stated in an XRP Chat thread that the simplest reason for someone to run a validator is "to preserve and protect the stable operation and sensible evolution of the network." I was an early employee at Ripple (back when it was called OpenCoin) and I still hold some of the XRP I was paid for my duties there. Because of that, it only makes sense to run a validator and contribute to the decentralization of the Ripple network. However, while I was setting up my validator, I had a thought... why not make a vanity validator public key…

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