Ripple NFTs To Launch In 2 Weeks On The XRP Ledger
Even though the hype around non-fungible tokens (NFTs) has died down considerably over the past few bear market months, Ripple NFTs developer community continues to invest in this promising market segment of the crypto space. In late September, Ripple announced a $250 million fund to support tokenization innovation that will enable the creation of functional […]
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Nik Bougalis primarily worked on open-source code projects for the payments-focused XRP Ledger, with the recent push to introduce NFTs being a key implementation of note. Ripple Labs’ director of engineering Nik Bougalis is exiting the firm after nearly 10 years, becoming the latest of crypto's long-time serving executives to depart from the space. In an Oct. 22 tweet, Bougalis noted that: “my decade-long journey at Ripplehas been a fantastic (if exhausting and all-consuming) one. I got to work on a project that I love, towards a goal I believe in. But that journey will be coming to an end....
“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple. Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger.In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working with nonfungible tokens, or NFTs. The platform said it wanted to address concerns with the minting of the tokenized artwork, including “clunky” user experiences, high transaction fees and....
It began with nine CGI employees holed up at Ripple's San Francisco headquarters. Spread out in two separate rooms, the team of engineers, developers, architects, testers and analysts worked side-by-side with the distributed ledger startup's staff for a week to integrate Ripple's DLT solutions into its infrastructure. And that was just the beginning of work that culminated at Sibos with the launch of CGI's new Ripple validator node. Revealed on Tuesday in Geneva, the validator node gives the $14.1bn company a firsthand look into how a live distributed ledger network operates, offering a....
XRP has always been subject to claims of centralization by Ripple. The payment company, however, has always rejected this claim, citing the open-source and decentralized nature of the XRP Ledger. Recent court documents have provided clarity on the confusion to clear doubts about XRP’s centralization. Who Owns The XRP Ledger? A federal judge in the […]
Earthport, known for its extensive payment network for cross-border transactions and robust ACH infrastructure, has created the world’s first Distributed Ledger Hub (DLH). The DLH service is accessed through Earthport’s Distributed Ledger Gateway, previously announced in August of 2015, and will provide full connectivity to the Ripple ecosystem, including Ripple instances, Ripple market makers, and eventually other Distributed Ledgers. Ripple had a big year in 2015. They added $32M to the war chest, created a partnership with Western Union, contributed a team member to a Fed committee, and....