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As reported in the previous Ripple / XRP coverage in EWN, Mercury FX announced via Twitter that the use of XRP on RippleNet had transferred £ 3,521.67 or $ 4,552.41 and saved £ 79.17 and 31 hours during a cross-border transaction. [from U.K. to Mexico] as seen in the post below.
1/1 We made our largest payments on RippleNet using #XRP – 86,633.00 pesos (£ 3,521.67) from the United Kingdom to Mexico in a few seconds. pic.twitter.com/WsHJuZTiOy
– Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019
Subsequently, cryptography enthusiasts who were trying to find the transaction in the ledger were unlucky. Many thought there is a private big book that uses XRP for xRapid txn.
The conversation was resumed on Twitter, David Schwartz was mentioned and questioned about the big hidden book.
It is difficult to imagine what such a merger would look like. He should follow the rules of the general ledger. It's a bit funny, actually, I was thinking today how great it would be if you could run the XRPL software in a private ledger mode and later, gateway …
– David Schwartz (@JoelKatz) January 10, 2019
continuing:
… to the general public. For example, you could have an badet published on both ledgers that is bridged by private ledger validators that multisigns transmissions for the public ledger. This is actually an interesting use case to reduce transmission costs and scale.
@ XRP_Mahn1:
Ha it's weird that you think about that. For all to be clear to someone with whom I had a discussion / dispute, there is only one XRP registry according to the correct protocol?
@joelKtaz:
Yes. The authoritative record of who XRP is the XRP ledger. There are ways to use the actual XRP code in private registries, but this would require private registry operators to get the XRP protocol from somewhere to perform the bridging.
Latest:
According to an article published by The Daily Hodl, Ripple's sales director, Ross D'Arcy, said his solutions are designed to make banking transactions as quick and easy as sending an email or sharing information. information on the Internet:
"3 clicks, 30 seconds, receive confirmation of the final payee's payment. As easy as we can do a voice chat or exchange emails, that's exactly what we want to be the payment experience. "
"I think Swift is a really interesting example. Because Swift, if you think about it, sometimes goes beyond the limits and plays a political role. We do not see the transactions of our customers. Our customers' transactions go through the Internet. Ripple could close its doors tomorrow and our customers could still trade with our software. This would not be the case with Swift. "
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