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How to trade XRP/PRX on Gatehub or Rippex

I'm making a very simple, easy to follow guide on how to trade XRP for PRX on both Gatehub and Rippex's desktop client. If you are new to trading, I will try to guide you through the process and explain some of terms used on both pages. Please keep in mind for both Gatehub and Rippex you need to extend a trustline to PRX from issuer rPRXcb4T8r7VezKkgRbQBuzGrftsjgJcUu otherwise you can't hold nor trade PRX. On Rippex go to the Trust Lines tab and add this: On gatehub, visit your wallet screen. Click the advanced tab here: Next click the 'set trust' button here: Enter your password. Keep in mind…

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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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Who are the Ripple Validators?

In this post I'm going to try to consolidate all public knowledge that currently exists about Ripple Validators. Additionally I will give two example UNL's based on current validators that exist at the end of the post. One additional note, the 'verification' that occurs on Ripple's site: is based off of emails you send to Ripple's team. They then have you sign two signatures, one of your domain name using your validator's private key, and one of your public key with your domain's SSL cert. These verifications are not posted publicly. That means unless…

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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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