In times of volatility, it can seem like crypto network engineer jobs really isn’t anything supporting public cryptocurrency networks. But that isn’t exactly the case.
XRP, perhaps the breakout crypto asset of 2018, is no exception. Ripple’s technology and how it differs from yet another market segment, public cryptocurrencies like bitcoin and ethereum. Ledger and consensus algorithm To start, XRP is a cryptocurrency that rides on the XRP Ledger. You can think of XRP as similar to U. XRP Ledger like the Federal Reserve’s official database of bills, coins and notes. The part that governs how XRP moves over the XRP Ledger is called the XRP Ledger Consensus Protocol, or XRP LCP. Like any distributed consensus protocol, a set of computers run XRP LCP in an effort to determine which transactions that have been sent over the network are valid and, as such, agree on the history of the ledger.
Its construction hinges on a “trust-based alternative” to this, in which a handful of nodes are elected to make the ultimate decisions about the ledger’s history. Ripple oversees which nodes get added to the list. Following the guidance of the UNL, nodes broadcast a vote on which transaction history is correct, and the consistent majority will be chosen to advance the ledger. According to a recent white paper, 90 percent agreement across nodes is required to ensure the safety of the network. Because the network does not rely on computationally intensive proof-of-work and a whole network of computers competing to verify transactions, XRP LCP can cope with a much higher throughput of transactions settled in around four seconds. Still, even these details are under experimentation as the company seeks to improve the tech. Instead of relying on 90 percent node agreement, Cobalt can function with a mere 60 percent.
Nodes and validation network While the efficiency of Ripple’s system is a plus for many, others are turned off by its centralization of nodes. Although users can individually define their own UNL, Ripple recommends its UNL based on its consistently honest performance over time. UNL may result in a botched payment. There are currently 70 validator nodes and five recommended validator nodes, with all the latter being maintained by Ripple. But Ripple plans to add 11 more recommended nodes, run by trusted companies and universities, this year, and would also like to see all its nodes phased out in time.
On top of that, Ripple hopes that one day users of the network will be able to define their own UNL based on their own personal parameters. Development and governance An area where XRP and its distributed ledger have the most in common is in development. The full client software of the XRP ledger, named “rippled,” was open sourced in 2013, and its development centers around Github. Like both bitcoin and ethereum, rippled is derived from a system invented by programmers working on the programming language Python, whereby changes are added to the Github as “improvement proposals. The vetting process for new features here is just as intense as is on bitcoin and ethereum, where a number of public debates have erupted over the years. There are a total of nine core developers, who audit the code and execute tests based on proposed code changes, listed on the company’s Github.
Compared to other cryptocurrencies, XRP’s core developer group seems thin, although the listed core developers of some cryptocurrencies have not touched the code for some time. While XRP and its underlying technology have been criticized for being less frequently updated, the company recently released new technical papers that detail the infrastructure and are being put in front of academics for peer review. Supply and token economics Whereas bitcoin and many other cryptocurrencies have a set number of cryptocurrency units, which are released from the protocol as miners validate transactions, XRP works in a different way. Similar to ethereum’s “gas” unit, XRP is used to pay the small fees for sending transactions across the network, but instead of those fees going to miners, the XRP is destroyed. The process acts as an anti-spam measure since people are less inclined to attack the ledger with spam transactions if those transactions cost money. While this crypto carnage might worry some investors, in November 2017, the company did the math, saying, “At the current rate of destruction, it would take at least 70,000 years to destroy all XRP. Although, there are other worries as it relates to the supply of XRP.
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Initially, 20 billion XRP were granted to the founders and creators of the project. On top of that, the remaining 80 percent of the coins were passed to Ripple, which causes many people to worry that the company could use those coins for less than ideal purposes, such as dumping them in a cash grab and causing a large-scale devaluation of the crypto asset. In response, though, Ripple announced last year it would lock up all remaining XRP into a digital escrow that would slowly distribute the remaining tokens over time. Value proposition Yet, many XRP enthusiasts seem less interested in XRP’s use to deter spam, and more interested in the possibility that it’s used to make cross-border payments by some of the largest financial institutions in the world. And this year, the industry has seen some of this materialize, albeit if only in pilots and tests. But more and more companies are interested in testing out the use of XRP as a “bridge currency,” meaning customers can convert fiat currencies into or out of XRP in order to speed up trades. According to Thomas, it’s this liquidity that accounts for the current and future value of the XRP token.
We think that as a store of value as something that we’re, Ripple Inc. XRP, by virtue of our holding of XRP, we are obviously believers in sort of long term potential for XRP to rise in value as adoption approves to the token. ICO dates will be announced soon, don’t miss out! Join our Telegram to stay in the loop. We live in an era that is increasingly influenced by technological advancements.
The breakthrough of Blockchain technological phenomenon continues to revolutionize all spheres of human endeavors. However, Robotics – one of the branches of disruptive technologies is still on it’s way to intervene within the overall process of innovation. KEPLER is a platform that provides an ecosystem of services through an easy-to-use interface, connecting exciting Robotics and AI startups to investors while allowing full transparency and traceability of investments. The KEPLER platform aims to create a global marketplace platform for investing in robotic and high-tech through a transparent and decentralized portal controlled and managed by investors. Kepler will utilize analytics, data science, and predictive algorithms to provide investors with unique investment opportunities via tokenized assets. KEP token is the ERC20 token that aims to become the preferred method to invest transparently through the Ethereum blockchain and to access the ecosystem of services provided by the Kepler platform.
The adoption of cryptocurrencies will impact the way we do classical and p2p investments in high-tech, Robotics and AI. KEP is poised to play a leading role in this new era of fundraising. The ERC20 compatible token can be used to fund ideas on Kepler Universe Platform, purchase robots, licenses, subscriptions services for AI, and products in all other partnership ventures. KEP will also make it possible for token holders to invest in robotics through its Platform incubator and accelerator programs, which will trigger new technological developments and accumulate huge income, both for token investors and project investors. We have 550 000 square meters of land in Georgia, where our infrastructure will be built for the design, production of robotics and testing. Georgia’s geographical placement is one of the most important and decisive factors in terms of international trade.
This peerless attribute will facilitate the convenient transportation of Robo technologies across three different continents from one central location. Georgia also characterized by a diverse and highly professional workforce, grounded in technical and technological know-how. Georgian professionals and scientists have at different times worked successfully in the main labs of the US and Soviet Union. We have a very big and ambitious project, and are at the frontier of science, technologies, and current trends. This Stage Includes three rounds there are: Community Building 1st Round, Community Building 2nd Round and Community Building 3rd Round. It starts 29th of May and will finish on June 19th.
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ICO 2ND STAGE will start after all KEP of ICO 1ST STAGE will be sold out. ICO 3RD STAGE will start after all. The distributed token amount will consist of 6 000 000 KEP. January Starting to Prepare Kepler Labs. October Preparations to launch an ICO.
July Contributing of 550 000 sq. Q3 Alpha launch of Kepler Universe. Giorgi Topuria is the founder and CEO of Kepler Technologies. His serial entrepreneurial experience and passion for cutting-edge technological advancement led him to the creation of the world’s first blockchain-based robotics and startup incubation company. Giorgi, a native Georgian, graduated from the country’s leading University with top honors. He has successfully invested and funded many top startup and service companies in Georgia.
Madrid, one of the world’s leading MBA programs. He led the best team of accountants with the reputable PwC company, leading to several years of experience. Givi’s expertise ranges from audits to budgetary preparations, the design and implementation of cost-saving systems, as well as actively communicating issues to management and engagement leaders. Co-founder of The Sando Group and SAC Group, Irakli has always been passionate for entrepreneurship and has been successful at fundraising campaigns for many startups. Operations Research from Columbia University’s Engineering School and B. As a founder of SAC Group, he has extensive experience in consulting and working with international agribusiness and biotechnology investing services firms. Chu Le is an MBA graduate from IE Business School in Madrid, one of the top 10 business schools in the world.
With extensive experience in financial services industry, Chu Le has demonstrated strong sales acumen and success. She has exceptional ability in cold market prospecting and developing profitable relationships with a wide range of clientele. As the CSO of Keplertek, Chu Le is responsible for the development of strategic relationship within the business ecosystem. Fluent in four different languages, Mari Shubalidze graduated from Essex University with dual degree in Business Marketing and Management and is now a Marketing Manager in caviar producing company Eco-Fish. Mari is highly resourceful and dedicated to championing the cause of disruptive products.
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David is PhD candidate of social Commerce at GTU. He studied and did part of his PhD research in Aalen University, Germany. As co-founder of an NGO and 2 startups in Georgia, David is an inspired and motivated entrepreneur with years of work experience in European and international teams. Momynov is an accomplished project manager who has successfully managed the sale of services, established and maintained relationships with partnering agencies and supervised the acquisition of clients from CIS countries. Lasha is a planner and financial analyst who has worked with several international corporations and agencies in developing comprehensive and auditable analysis. He also possesses vast experience in international trade and stock exchange. Communications expert with a background in corporate banking, networking, and programming.
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Tinatin understands the importance of establishing direct channels of communication with the community for any product or service. As head of Keplers Public Relations, Tinatin will be developing direct channels of communications with the community to address any and all concerns and keep investors abreast of all developments. Experienced Senior Accountant with 9 years’ experience in the telecommunications industry. Skilled in Negotiation, Budgeting, Financial Accounting, Financial Reporting, and Team Leadership. Strong professional with a Bachelor’s Degree focused on Financial Accounting and Audit from Caucasus University. Having worked in various capacities with Ericsson, University of Tallinn, GTS Electronics, and the government of Georgia, Archil has been instrumental in the supply and distribution of key innovations and in leading strategic business negotiations.
Giorgi is an early bitcoin investor, who succeeded in turning a couple of thousands in the emerging crypto market into the foundation of a thriving on-chain and off-chain investment ventures, including a Construction Company in Los Angeles, USA. Giorgi is charismatic and a philanthropist whose activities has garnered acclaim both at home and abroad. Jaba graduated with honors from Ivane Javakhishvili Tbilisi State University, studying Business Administration and Management. His strong analytical skills have always separated him from his peers and his vast experience in Sales and Marketing has led to growth and an increase in sales for several Georgian companies. Nino graduated with honors from Ilia Chavchavadze State University, Faculty of Arts and Sciences. Currently, she is studying at the Faculty of Design and Graphics and stands out with her great motivational and organizational skills. During the years, she gained more and more experience and developed all the necessary skills for completing several governmental and private projects.
Ani is natural multitasker who takes care dozens of responsibilities. She really enjoys working with a wide variety of people to achieve a common goal efficiently and realistically. Ani believes, a lot more can be achieved through communication than through conflict. A seasoned sales and management professional with experience spanning over 10 years in the field of Retail and Distribution. 6 years and awarded for outstanding sales consistency before venturing into crypto trading. He owns a small Internet Café and operates a hobby website for fun. He is a bandwidth management geek who loves swimming by the creek.
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Allan holds a Bachelor’s degree in Commerce and Computer Science from University of San Jose-Recoletos in Cebu City, Philippines. Eric graduated with a Bachelor of Science in Nursing from Our Lady of Fatima University in Quezon City, Philippines in 2013. He was a Registered Nurse and also has an experience in Construction HSE Management. His love for Cryptocurrency started when he was introduced to Bitcoin in 2015.
He is dependable and hard worker with high initiative. Tim is a Dutch language teacher and has been involved with several ICO’s. He has been advising and working as a community manager and is working extensively to expand his team, services and the network he works with. Philip is currently working on his Master’s degrees in Business Law as well as Socioeconomics at Vienna University of Economics and Business.