/biz/ - Business & Finance

Flare is going to murder 99% of all shitcoins including ethereum and chainlink.

>>22008766
All in. Fuck linkies and their meme pumps.

>>22008948
This. No gas fees, instant transactions, established network. How can shitlink even hope to compete?

Will the volume of the tokens provided in the airdrop be the total amount on the market or will they also sell OTC?
I understand you can trade XRP for FXRP also when using smart contracts? Where do they come from?

When is the screenshot date?

>>22009387
Don't know yet, they will give us 2 weeks notice before snapshot, then 6 months after snapshot to claim before the rest are burned.

https://flare.ghost.io/claiming-spark-faq/

>>22009415
Thank you

xrp/fxrp are crypto in name only

Thia kills the stinkies. How high can it go?

Can i buy this on uniswap?

We have to buy gay ass Ripple to get it?

>>22009298
You have two different agents. One wants a loan, the other is the one who wants dividends on what he loans. We will call them loanee and loaner.

The Loanee stakes XRP + loan fee as collateral to the flare network, and the loaner stakes his spark as collateral. This creates FXRP, which is loaned to the loanee. This way if either party backs out, the other party doesn't lose anything. The FXRP can then be used in smart contracts. The benefits are that the loanee gets liquidity and the loaner gets dividends from the loan fee.

That's the base system for the creation of FXRP. It's going to be used for foreign exchange, mortgages, loans, options, etc.

Its also going to be completely interoperable with all digital assets, and you will be able to code in any language for the smart contracts.

and its going to have all the benefits of XRP since its a utility fork, namely the 4 second transaction times, microcent transaction fees, and scalability.

And its not proof of work or proof of stake since its a turing-complete federated byzantine agreement network.

>>22009511
David schwartz is satoshi, stay mad.

>>22009585
>can't discern the company from the XRP ledger
ngmi

>>22009747
>the loaner stakes his spark as collateral
am i..... going to engage..... in usury?

>>22009747
Ok yes, so same question but spark because I’m a dumbass. Is spark volume only limited to the air drop

>>22009971
>Usury is the practice of making unethical or immoral monetary loans that unfairly enrich the lender.

There is a nominal fee associated with the creation of FXRP. You aren't going to engage in usury with the base system. This is just going to be the homepage for the internet of value, its up to you to participate in whatever DApp gets hosted on the network. There doesn't have to be bad loans or bad banking.

Fuck you XRP shizo kikes stop making me sell my linkies

>>22010285
your linkys are stinky, abandon ship, XRP is the better boat. You have a once in a lifetime chance to hop skip jump to infinite wealth, don't fuck it up.

>>22008766
How do i get my filthy hands on these, anon?

>>22010675
Buy XRP then go to flare.wietse.com, there is no ITO you get a 1:1 spark per xrp "airdrop" whenever it forks.

>>22010735
Cool thanks

>>22010800
be sure to read everything, you need to have custody of the wallet or use an exchange that supports the fork.

>>22010735
Is there a ste-by-step guide on using that website? I'm a noob.

Once i heard ripple i quit reading

>>22010855
Yeah there is a step by step guide, it walks you through everything you'll need to do to claim your spark tokens. bitrue has already announced that they'll honor the fork if you just use exchanges.

>>22009298
airdrop will happen and whatever isn't taken will be burned.

>>22010973
they are actually redistributing the 45 billion to whoever actually claimed spark. Right now only 1 billion are claimed so that's an extra 44 billion that we would get.

>>22009584
exactly why it's not killing anything

>>22011026
When do we claim? Also, is Coinbase Wallet supported?

>>22008766
yet another xrp cope thread
look at how cute all these nolinker faggots are, trying to rally one last time under one of the oldest and most bloated shitcoin twitter hype-baboon banners
KEK
S AND H

>>22011110
coinbase said they aren't going to support it.

>>22009747
does it support solidity?

>>22010855
Just use Droplet wallet

>>22011142
Yes. All languages. You can literally just port over everything. It is unironically going to be the thing that solves the gas problem. Its going to kill ethereum so fast that its going to shock people not paying attention.

>>22011369
it doesnt come out on the playstore, link to apk?

>>22008766
Do we have any official news on the snapshot date?

What does pic related mean guys?

>>22012137
44 billion spark are unclaimed as of now. If they stay unclaimed after the 6 month grace period, they are ours. I'm unsure of the distribution, its probably going to be percentage based.

>>22011122
Source?
Or did they just not comment on it yet.

>>22012463
coinbase have been known to do anything they can to get forks of coins. They are niggers.

>>22012380
So the more XRP you have the more you get? Seems to me it's saying that if you hold on some exchanges you might get more?

>>22012576
yes, more xrp = more spark. hold it on bitrue or uphold or a wallet you actually have custody of.

>>22012068
don't tell me you really gonna use that random wallet no one has ever heard of to hold your zerps. It's likely some kind of mexican scam.

Just use the official. Xumm

Are exchanges banned from claiming Flare or is Cuckbase going to cuck us out of our tokens again?

>>22012856
Is the official wallet XUMM? I thought Wietse has nothing to do with Flare?

>>22013925
Exchanges can opt in, they will announce their stance before the date.

>>22012856
i thought so when I looked it up, xumm looks overly complicated but ill use that instead.

>>22012653
Ledger should be fine right?