Stock Tech Cypher

What is Ripple:
Ripple is a blockchain protocol for inter-bank settlements. Ripple is designed to work with existing institutions to facilitate the ability to quickly transact any asset globally. The Ripple protocol’s native currency, XRP, is only required to pay fees for transactions on the Ripple network. It can be used in other instances, but banks have the option to transact IOUs in any asset, including USD, EUR, and other fiat currencies. Ripple Inc. builds an infrastructure protocol that facilitates decentralized exchange of assets between banks.

What are the current challenges:
If our banks do not have a trusted relationship, then we must wait for the money to actually be transferred, or the transaction must be routed through a mutually trusted third party. Both of these processes are slower and more costly than simple IOU issuance. These transfers are more complex across borders, where banks are less likely to have trusted relationships.
Bank in India and bank in China, may not have a trusted relationship. If I want to send money from my account at Bank in India to my friend’s account at China, the payment must route through multiple parties. Each transaction has a cost and takes time. Thus, international payments are slow and expensive.

There are third parties such as Visa, Mastercard, Money Exchange, etc involved would charge high transaction fee and cumbersome settlement process that are executed by different parties to reconcile the single transactions made between the persons.
The transactions go through multiple parties where there are potential possibilities of delay, slow to process, expensive. Each bank has to hold certain amount of liquid with third parties for trust.
How the Ripple solutions:
Ripple allows banks to move from a system of disjointed, trust-based databases to a single distributed database, the Ripple ledger. This gives transactions a fluidity and speed that can’t be achieved in the legacy system, and it greatly frees up working capital. Ripple solves real problems for banks. The Ripple network is essentially a map of trust lines. When two parties wish to exchange value, but do not have a direct line of trust, Ripple routes the transaction through the fastest and shortest possible path of trusted parties, enabling global parties to transact instantly without establishing new trust lines. The network provides a distributed ledger that logs all of these transactions.

Ripple Network as a Trust Map:
Imagine the Ripple network like a giant map where each connection between people or banks is a "trust line." If you want to send money to someone but you don't directly trust them, Ripple finds the shortest and quickest route through other trusted connections to move that money.
How Transactions Work:
No Direct Trust? No Problem: If you (let's say, User A) want to send money to someone (User B) who banks with a different institution, you don't need to open an account with their bank. Instead, your bank (BankX) issues an IOU (I Owe You) on the Ripple network in XRP, or it can be any fiat or crypto currency, for example, RLUSD.Different Banks, Different IOUs: Even though both BankX and BankY issue USD IOUs (RLUSD and USDT), they might not be exactly equal because the risk of one bank failing could make one IOU more valuable than the other.Sending Money: If User A wants to send $50 to User B:BankX issues $50 worth of RLUSD on the Ripple network.This IOU travels through the network to find the best path to reach User B, who might use BankY.Conversion:The transaction goes through an "order book" where someone (a market maker) who holds both types of USD IOUs can convert RLUSD to USDT.This market maker might make a small profit because BankX-USD could be worth a bit more than BankY-USD due to differing trust levels in the banks.Completion: Once converted, $50 in BankY-USD reaches User B's account at BankY.

What is RPCA?
Ripple Protocol Consensus Algorithm (RPCA) is like a voting system for a group of computers (called nodes or servers) that all want to agree on the same information or "truth" about transactions in the Ripple network.
How Does It Work?
Unique Node List (UNL):Each server in the Ripple network has its own list of trusted friends, known as a Unique Node List (UNL). A server only listens to these friends for updates on transactions.Transaction Proposals:Servers suggest groups of transactions (like a grocery shopping list) called "candidate sets." These are proposals on what should be recorded in the shared ledger (the official record of all transactions).Consensus Process:Servers keep swapping these lists back and forth until 80% of the servers in their UNL agree on exactly which transactions should go into the ledger, in what order.Reaching Agreement:If 80% agree, those transactions get added to the ledger. However, for the entire network to agree, there needs to be enough overlap between different UNLs.Network-Wide Consensus:If there's not enough shared trust (at least 40% overlap between UNLs), different parts of the network might agree on different things, which could lead to a "fork" where there's no single agreed-upon ledger.
In Simple Terms:
Imagine you and your friends are deciding what to eat for dinner. Each of you trusts a few friends to suggest dishes. You keep discussing until most of your trusted friends agree on a menu. But if your group of friends doesn't overlap enough with another group, you might end up with two different dinner plans. Ripple works to avoid this by ensuring there's enough common ground among all groups to agree on one dinner menu (ledger) for everyone.

Ripple Market Capital as of Dec-2024:

Nodes of decentralized Ripple:

Status nodes and validateors updated to recent version:

Source: https://assets.ctfassets.net/qtbqvna1l0yq/61a7RTBGW3oqE8gfj20mtZ/840adacd9ce65622d693623d9d6d40fa/Ripple_Analysis.pdf

Hello Coiners,
Here's another #article that will elevate your understanding of cryptocurrencies or memes, the well-known #doge⚡ $DOGE


As the #CryptoMarkets are skyrocketing, understanding the purpose of the coin, underlying technology, community growth, roadmap, and solutions to real-time problems is essential for every blockchain spread across the globe.
So, spend 5 minutes to read this thread to doge your mind!!
DOGECOIN is the peer-to-peer digital currency that was released by accident out of a Proof-Of-Work blockchain, a model very similar to Bitcoin but with an unlimited supply of coins by nature through scrypt algorithms. You can even convert your own laptop into a node and start mining Dogecoins. The specialty of this chain is to confirm transaction blocks in minutes.

The purpose of Doge is to make transactions faster, cheaper, and quicker with your peers. It has the potential to change the way you, as a good-hearted person, have been donating for good works happening around the world. You may even try sending one to me at the Doge crypto address DRaFux2pwVXMsK5Bn3BzMG9tjuCBZzaQ9H, if you want to reward me!
The more feasible the peer-to-peer network is, the more vulnerable it is to scammers who could fake giveaways as "2 Doge for 1 Doge" scams, phish you through Dogecoin support, impersonate well-known Doge community members, create fake websites, enable you to pay for nothing, use doge-themed tokens for Dogecoin, and engage in wallet theft. So, protect yourself from all these types of scams by educating yourself.

As of now, Dogecoin is ranked 7th with a market cap of $66.7B. But remember, in the crypto world, today's hero can be tomorrow's zero. Investing in Dogecoin is like betting, so educate yourself by following the technical analysis of Doge's movement with a proper stop-loss.
While Doge is volatile, the community is backed by well-known tech entrepreneurs who could potentially elevate Dogecoin acceptance across merchants both online and in physical stores.

Currently, although Dogecoin was created as a joke, there is some serious work going on in a casual manner.
Dogechain: This project aims to extend Dogecoin's utility into DeFi, NFTs, and dApps. It's like giving Dogecoin a utility belt, making it more than just a coin for tipping.
Libdogecoin: A library to simplify Dogecoin integration into various applications, making it easier for developers to build with Dogecoin without needing a PhD in cryptology.
Integration with Businesses: From car washes to sports teams, Dogecoin is expanding its use cases. Imagine buying your next sports jersey with Doge!
Regulatory and Development: There's ongoing work to make Dogecoin more compliant and functional, ensuring it can keep up with the big dogs in the blockchain space.

In conclusion, Dogecoin is more than a meme; it's a testament to how community, humor, and a little bit of luck can change the narrative of what money can be. It's a financial experiment with a dog at the helm, and in the vast, unpredictable universe of cryptocurrencies, that's not the worst captain to have.

$USDC
ATTENTION, #FINANCE ENTHUSIASTS AND CURIOS #CryptoCommunity !

You've been hearing whispers about #stablecoins #USDT #USDC #RLUSDT and tokenized deposits, right? Well, it's time to dive deep into the ocean of digital finance

I've crafted an epic thread that's not just a read but an experience into the future of money!

Read the #article
Stablecoins:Purpose: Stablecoins are designed to combine the benefits of cryptocurrencies with the stability of traditional currencies, aiming to reduce volatility inherent in other digital assets like Bitcoin. They serve as a stable medium of exchange, especially useful in DeFi (Decentralized Finance) for transactions, trading, and as a store of value amidst market fluctuations.

Essentials & Impact: Stablecoins are categorized into asset-backed (like USDC, backed by fiat or other assets) and algorithmic-based (like DAI, which uses algorithms to maintain value). They've become crucial in crypto trading for minimizing exposure to price swings without converting back to fiat. Their market cap was reported at around $123 billion in 2023, with a significant portion being fiat-backed stablecoins like USDT and USDC.

Principles: They offer price stability, accessibility, the ability to engage with smart contracts on blockchains, and potentially lower costs for global transfers, making financial transactions more efficient and inclusive.

Use Cases: Besides trading, stablecoins are used in humanitarian aid, where they provide a transparent, secure, and low-cost method for transferring aid internationally, as demonstrated by initiatives like the UN's use of USDC for aid in conflict zones.

Integration & Regulatory Challenges: While stablecoins facilitate blockchain-based transactions, regulatory challenges include ensuring transparency, managing risks, and compliance with existing financial regulations. Regulatory frameworks are evolving to accommodate these digital assets, with various initiatives globally to define their legal status and operational guidelines.

Future Outlook: Stablecoins are expected to play a larger role in the global economy, potentially transforming how money is moved and stored, with regulatory clarity being pivotal for widespread adoption.

Tokenized Deposits & Liabilities:Concept: These are traditional bank deposits represented as tokens on a blockchain. This innovation could allow for instant, always-on transactions, programmable money, and efficient collateral management.

Regulated Liability Network (RLN): An example of how tokenized liabilities could work, RLN is a collaborative project aimed at creating a network where both commercial and central bank money exists in digital form, enhancing transaction speeds and security while operating within existing legal frameworks.

USDT (Tether):Overview: USDT aims to mirror the price of the US dollar, providing stability for traders and investors. It's the largest stablecoin by market cap.Backing: It's claimed to be backed by reserves of USD, though there have been controversies over its actual backing and reserve transparency.Use: Primarily used for trading, as a hedge against crypto volatility, and for remittances.

USDC (USD Coin):Overview: Issued by Circle and Coinbase, USDC is fully backed by US dollars, providing a transparent and auditable stablecoin.Transparency: Regular audits to ensure each USDC token is backed by a dollar in reserve, aiming for financial integrity.Use: Similar to USDT, but with added focus on DeFi applications, corporate treasury management, and as a more regulated option.

RLUSD (Ripple's USD Stablecoin):Potential Differentiation: If Ripple were to launch an RLUSD, it might stand out by integrating directly with RippleNet for faster, cheaper cross-border payments, leveraging Ripple's existing infrastructure for financial institutions, and potentially offering a more sustainable model through XRP's carbon neutrality claim. RLUSD could aim to provide not just stability but also enhanced transaction capabilities within Ripple's ecosystem, potentially setting a new standard in how stablecoins are used in international finance.

Introduction to Stellar Blockchain
Stellar is an open-source, decentralized blockchain network designed to facilitate fast, cheap, and secure transactions across borders. It was founded in 2014 by Jed McCaleb, who also co-founded Ripple, and is supported by the Stellar Development Foundation. Here’s a breakdown of how Stellar works and its unique features, particularly in the context of Central Bank Digital Currencies (CBDCs).
Key Features of Stellar
Decentralized and Open-Source
Stellar operates as a decentralized network of servers, each running independently but interconnected. This setup ensures that the network is not controlled by any central source, making it highly secure and resilient.
Stellar Consensus Protocol (SCP)
Unlike Bitcoin's Proof-of-Work or Ethereum's Proof-of-Stake, Stellar uses the Federated Byzantine Agreement (FBA) algorithm, known as the Stellar Consensus Protocol (SCP). SCP allows for faster and more energy-efficient transaction validation by relying on quorum slices—subsets of trusted nodes—to approve transactions. This process ensures that transactions are confirmed in approximately 3-5 seconds, making Stellar significantly faster than traditional blockchain networks.
Security and Transparency
Stellar's network is secured by validators run by known organizations with verified identities, rather than anonymous nodes. This transparency ensures that the integrity of the network is maintained, and any malicious activity can be easily identified and mitigated. The use of cryptographic hashes and public-key cryptography further enhances the security of the network.
Interoperability
Stellar is designed to interoperate with various financial systems, allowing for seamless transactions between different currencies and assets. It supports the issuance of digital representations of real-world assets, such as fiat currencies, stablecoins, and other tokens. This feature is crucial for CBDCs, as it enables central banks to issue digital currencies that can be easily integrated into existing financial infrastructures.
Stellar for CBDCs
Secure Asset Issuance
Stellar allows central banks to issue CBDCs with built-in security and compliance features. Issuers can configure assets to require authorization before transactions can be made, ensuring that only vetted accounts can hold and transact with the CBDC. Features like authorization required, authorization revocable, and clawback enabled provide robust control over asset access.
Transaction Finality
Unlike some blockchain networks where transactions can be reversed, Stellar's SCP ensures transaction finality after a single confirmation, which takes around five seconds. This finality is crucial for CBDCs, as it prevents the risk of transaction reorganization and ensures the integrity of the ledger.
Enhanced Compliance Capability
Stellar's architecture allows for strict compliance with regulatory requirements. Central banks can ensure that transactions comply with local laws and regulations by implementing KYC/CDD checks before authorizing accounts to hold CBDCs. The network's transparency and the ability to link accounts to verifiable information further enhance compliance capabilities.
Automatic Interoperability
Stellar enables automatic interoperability between different assets and currencies, facilitating cross-border payments without the need for intermediaries. This feature is particularly beneficial for CBDCs, as it allows for seamless integration with other financial systems and enables global commerce with reduced friction and costs.
Implementation of CBDCs on Stellar

Two-Tier System
A typical implementation involves a two-tier system where the central bank mints the CBDC and distributes it to financial institutions, which then distribute it to end users. Central banks can create two Stellar accounts: an Issuing Account for minting new tokens and a Distribution Account for managing the CBDC supply. KYC/CDD checks are performed by verifiers before authorizing end-user accounts to receive the CBDC.
Central Bank Validators
Central banks can enhance the security and resilience of the network by running their own validators. These validators ensure that the ledger maintained by the central bank is the definitive source of truth for CBDC balances. By choosing trusted validators, central banks can ensure that their CBDCs are secure and consistent across the network.
Benefits for Central Banks and Users
Energy Efficiency
Stellar's SCP is highly energy-efficient, consuming significantly less energy compared to Proof-of-Work systems like Bitcoin. This is a critical consideration in the current climate crisis, making Stellar an attractive option for environmentally conscious central banks.
Financial Inclusion
Stellar's architecture, particularly the use of self-hosted wallets, can help in furthering financial inclusion. Users can manage their own private keys, and central banks can use verifiers such as post offices to authorize accounts, making digital financial services more accessible to the unbanked.
Programmability
While Stellar does not support arbitrary smart contracts, it offers sufficient programmability through features like multi-signature accounts and batched transactions. This allows for the implementation of specific use cases, such as ensuring social benefit payments are spent on designated items, without introducing the risks associated with smart contracts.
Conclusion
Stellar blockchain offers a robust and secure platform for the issuance of CBDCs, combining the benefits of decentralization, interoperability, and compliance. Its unique consensus protocol, SCP, ensures fast and energy-efficient transactions, making it an ideal choice for central banks looking to leverage blockchain technology. As the world moves towards digital currencies, Stellar's architecture is poised to play a significant role in shaping the future of global financial systems.

Introduction
In this blog post, we will analyze the trading chart of ADA/USDT to identify potential buying or selling opportunities. Technical analysis is a crucial tool for traders, helping to predict future price movements based on historical data and market patterns.
Chart Analysis
Trendlines
The chart shows two primary trendlines:
A descending trendline starting from the peak in April and extending to the current date, indicating a long-term downtrend.An ascending trendline starting from the low in June and extending to the current date, indicating a short-term uptrend.
These trendlines form a symmetrical triangle pattern, suggesting a potential breakout or breakdown in the near future.
Support and Resistance Levels
Immediate Support: $0.3200, aligning with the lower boundary of the ascending trendline.Secondary Support: $0.3000, a psychological level and previous support zone.Strong Support: $0.2800, corresponding with a significant historical support zone.Immediate Resistance: $0.3600, the upper boundary of the current consolidation range.Secondary Resistance: $0.4000, near previous highs and a potential breakout target.Strong Resistance: $0.4400, a major psychological level and potential profit-taking zone.
Anomalies and Divergences
Volume Analysis: The volume bars show a significant spike in July, indicating strong buying interest at that time. However, the volume has been relatively low since then, suggesting a lack of strong conviction in the current price movements.Potential Breakout/Breakdown Points: The intersection of the descending and ascending trendlines suggests a potential breakout above $0.3600 or a breakdown below $0.3200.
Risk and Reward Scenarios
Bullish Scenario
Entry Point: On a breakout above $0.3600 with strong volume.Stop Loss: $0.3400, just below recent support to limit downside risk.Profit Target: $0.4000, aligning with the next major resistance.Risk-Reward Ratio: Approximately 1:2, risking $0.02 to gain $0.04.
Bearish Scenario
Entry Point: On a breakdown below $0.3200 with increased volume.Stop Loss: $0.3400, to protect against a false breakdown.Profit Target: $0.3000, the next support level.Risk-Reward Ratio: Approximately 1:2, risking $0.02 to gain $0.02.
Conclusion
The analysis of ADA/USDT reveals several key points for traders to consider. The identified trendlines, support, and resistance levels provide a framework for setting entry and exit points. The anomalies and divergences highlight potential risks and opportunities. By understanding these elements, traders can make more informed decisions and optimize their trading strategies.

Introduction to Hamster Kombat

Hamster Kombat is a revolutionary crypto exchange CEO simulator game built on the Telegram platform, boasting an impressive 300 million players since its launch in March 2024. The game's mission is to seamlessly onboard 1 billion Web2 users into the Web3 ecosystem, making it an exciting and potentially lucrative venture for crypto investors and enthusiasts.
Key Features of Hamster Kombat
- Play-to-Earn Model: Players earn HMSTR coins by participating in battles, completing in-game tasks, and managing their virtual cryptocurrency exchange. This model aligns with the broader trend of play-to-earn games that reward players with cryptocurrency.
- Daily Combo Promotion: Earn 5 million in-game coins by investing in specific daily upgrades, which changes daily. This feature encourages active participation and strategic planning.
- NFT Integration: Each hamster in the game is an NFT, allowing players to trade and sell them on the marketplace. This adds a layer of ownership and value to in-game items.
- Real-World Crypto Market Simulation: Players manage a virtual cryptocurrency exchange, mirroring real-world crypto dynamics. This provides a unique learning experience and simulates real-world decision-making scenarios.
- Referral System: Players can earn additional rewards by inviting friends to join the game, fostering a sense of community and increasing user engagement.
How to Play and Participate
1. Getting Started:
- Download the Telegram app and set up your account.
- Access the Hamster Kombat bot by searching for "Hamster Kombat" in Telegram and clicking the "Start" button.
- Complete the registration process to set up your profile.
2. Gameplay Basics:
- Tap to earn Hamster coins by managing your virtual exchange.
- Upgrade your exchange to increase your coin-earning potential.
- Participate in daily combos and special missions to earn bonuses.
3. Airdrop Participation:
- Actively play the game, accumulate coins, and link your TON wallet.
- The airdrop will reward players with HMSTR tokens based on their in-game earnings. This is set to be the largest airdrop in crypto history, with a total token supply of 100 billion HMSTR.
Investment Perspective
- Tokenomics:
- The HMSTR token will be distributed through the largest airdrop in crypto history, with 60% of the tokens going to players. The remaining tokens will be used for market liquidity, ecosystem partnerships, and other initiatives [Whitepaper].
- The absence of investment firms and VCs means there is no extra sell pressure, allowing the token's value to be determined by community demand and supply [Whitepaper].
- Revenue Streams:
- Hamster Kombat generates revenue through various channels, including advertising, YouTube ads, and in-game purchases. This diversified revenue model ensures the project's sustainability without relying on token sales.
- Ecosystem Expansion:
- The project aims to become a gaming publishing ecosystem, exposing players to multiple games and token utilities. This expansion will help in onboarding 1 billion players to crypto and creating a sustainable business model [Whitepaper].
Community and User Acquisition
- User Engagement:
- With 300 million players worldwide, Hamster Kombat has proven highly successful in user acquisition. The game's viral nature, data-driven approach, and user-friendly interface have contributed to its massive user base [Whitepaper].
- Social Media Presence:
- Hamster Kombat boasts significant social media presence, including 55 million Telegram subscribers, over 36 million YouTube subscribers, and 12 million followers on X/Twitter. This strong community support is crucial for the project's growth and engagement [Whitepaper].
Future Prospects and Challenges
- Ecosystem Development:
- The Hamster Foundation, a non-profit organization, will support initiatives to onboard the next billion people into Web3 and sustainably develop the HMSTR token and its ecosystem. The token is expected to power multiple products within and outside the Hamster ecosystem [Whitepaper].
- Challenges in Web3 Onboarding:
- Despite its potential, Web3 technology can be complex and may present barriers for new users. Hamster Kombat's approach of using Telegram mini-apps helps simplify the onboarding process, making it more accessible to a broader audience [Whitepaper].
Conclusion
Hamster Kombat offers a unique blend of engaging gameplay, strategic investment, and real-world crypto rewards, making it an attractive opportunity for both crypto enthusiasts and investors. Here are some key takeaways:
- Participation: Engage actively in the game, participate in daily combos, and invite friends to maximize your rewards.
- Token Potential: The HMSTR token, with its community-driven approach and lack of external sell pressure, has significant potential for value appreciation.
- Ecosystem Growth: The project's plans to expand into a gaming publishing ecosystem and generate fiat revenue streams ensure long-term sustainability.
By understanding and participating in Hamster Kombat, you are not only enjoying a fun and strategic game but also contributing to the mass adoption of Web3 technologies. As the project continues to evolve, it is poised to make a significant impact on the crypto and gaming industries.
Note: The source of the write-up is from $HMSTR white paper. The #ico may not be still valid.