Ripple is all set to prove its transparency using a tracking bot. The bot will be tracking the XRP in Escrow. So, now investors will probably get to know how much XRP actually Ripple owned.
The common investor concern being Ripple holding a lot of XRP. High time Ripple realized they have to do something to calm their nervous investors.
Sydney Ifergan, the crypto expert, tweeted: “The new bot launched on Twitter they say is set to track the movement of XRP funds in escrow all the times. Follow XRP Escrow Bot on Platform, and tracking is set to be as easy.”
Ripple sales are reportedly low after the company stopped selling XRP to exchanges. They wanted to get rid of the theory of the faking volume about the company. However, despite the sales stopping, the volumes seem to increase.
Ripple tweeted: “Have you checked out the @XRP_EscrowBot yet? Now you can track Ripple’s monthly #XRP escrow movements on Twitter.” In response to: “The Q1 2020 XRP Markets Report offers a look at the current economic effects on the #crypto markets and highlights a continued pause in programmatic #XRP sales, tracking of escrow activity and #ODL momentum.”
So, the pumping and dumping talks should see some calm. XRP community is waiting for some good news because to help what is taking place at the developer level, and the regulatory level does not matter to them. What matters to them are decent profits – if real debugging of customer issues is taking place, results should be soon visible with some marginal betterment in price.
RippleNet is simulating complex network configurations. They are spinning up networks remotely. Several such tasks are leading to open opportunities for developers who will be interested to join the Ripple Engineering Team to improve on the Topology.
Ripple tweeted: “#BlockStars #podcast is now live. Listen today.”
Brad Garlinghouse responded to the Ripple tweet: “I could listen to @JoelKatz talk about anything (seriously), and now you can too! #BlockStars launches today.”
David Schwartz prompted the community to let him know of some interesting topics. Commentators opined that they have painted the perfect picture of the current market. They feel it is going to be gold if they keep covering great stuff.
Users can listen to the podcast anytime they want by following Blockstars on Spotify. Users expect to hear more about DeFi Space and about what Ripple is doing to bring it about.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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