/biz/ - Business & Finance

BTW FXRP token name is retarded. I dont see the point of using XRPL at all.

>>24040581
Flare XRP you retard. XRP is needed as collateral. Why? Because it’s being adopted. It’s fast and cheap and can scale. And now it’s in the derivatives market.

/biz/ is full of retarded nontech chasing dreams fags, so better go elswhere to ask questions like this.
Ripple is trying to save their ass with Flare imao

>>24040668
“it’s being adopted”

are you serious?
Flare does not need XRPL at all!

The only reason is that Flare network belongs to Ripple and they are desperately trying to create/expand atm nonexistant XRP usecase.

>>24040748
Lmao read the white paper you retard.

>>24040781
Cope

>>24040781
its scared

>>24040781
pls be troll

50 validators muh

Need another 100bn xrp? Validators agree? No? Who cares, we will support the network with 100 brand new validators!

>>24041220
Is this real?

>>24041243
https://xrpcharts.ripple.com/#/validators
Nobody wants to touch the shit

>>24040892
Go all in. Spark tokens will make you even more desperate, fckn idiot

>>24040748
It does though, because of low costs via collateral. This fixes the gas problem ETH has and makes uses ODL to instantly settle transactions. It is the ETH2.0 killer and 2.0 hasn’t even released. Flare knows what they are doing with Spark tokens, look at their board. Read the white paper. This shit is CLEAN. This will also pump all of your DeFi so you better print out a picture of David Schwartz and give his beautiful face a good rub and tug tribute for making you that much richer.>>24040781

>>24041220
>>24041243
XRPL has over 145 validators, thanks for the link you retard you just btfo’d yourself

>>24041347
I am all in you subhuman brainlet, you don’t even understand flare lmao. You must’ve read something you like and now your ass hurts because it’s XRP.

>>24040460
Bros can I just transfer my XRP to a different exchange for the Flare snapshot date? I'm on coinbase and I'd rather not buy stuff I have no use for otherwise.

>>24041773
it has to be on certain wallets or exchanges to receive flare, read the info on the flare website, i think you can receive it on exodus, but dyor

>>24041857
Thanks anon.

>makes a fud thread
>fud gets debunked
>goes on and tries to bring up old fud on xrp and whatever fud he can

Op you’re actually a retard

>>24041857
>>24041902
im using exodus for the airdrop, and it's braindead easy. it's a 2 click setup.

As far as I can figure out, there's no point in holding FXRP if you don't have the XRP to back it.

ie If I consolidate everything into XRP, going 'ALL IN', and sell after the snapshot, the extra FXRP would be useless to me anyway. Is that correct?

>>24042066
You get FXRP when you collateralize your XRP on flare. It’s like an XRP iou.

>>24042113
I see

>>24042066
The air drop isn't distributing FXRP. It's distributing Spark tokens. Spark can be used to collateralize theoretically any token. When it's used for XRP it will create FXRP. FXRP can be loaned on the Flare network, as could FBTC, FETH, etc.

>>24042798
So it's like ODL on ETH?

Flare will probably only be worth $0.01 at most

>>24042937
We shall see

i have some xrp what is this flare thing i'm hearing about

>>24043077
XRP's answer to ETH.

>>24040460

>>24043705

NEW CONTAINMENT
>>24044707

>>24042937
I sure hope it’s much less than that so I have time to accumulate