💧 What Is Codius, And How Is It Related To Ripple and XRP? 💧

TheDinarian

News • Business • Investing & Finance

10 hours ago

Codius is an open-source, smart contract platform designed to enable the creation and execution of decentralized applications (dApps) and smart contracts. It was initially developed by Ripple, the company behind the XRP Ledger, with the goal of expanding the functionality of blockchain technology beyond simple payments.

💡 Key Features of Codius 💡

1️⃣ Smart Contracts: Codius allows developers to write and deploy smart contracts in various programming languages, such as JavaScript.
2️⃣ Interoperability: It is designed to work with multiple blockchains, including the XRP Ledger, enabling cross-chain functionality.
3️⃣ Decentralized Hosting: Codius uses a decentralized network of hosts to run smart contracts, ensuring resilience and scalability.
4️⃣ Flexible Payments: Smart contracts on Codius can interact with multiple payment systems, including XRP and other cryptocurrencies.

🔗 How Codius Relates to the XRP Ledger and Ripple 🔗

1️⃣ Complementing the XRP Ledger:
The XRP Ledger is primarily optimized for fast, low-cost payments. Codius was envisioned as a way to add programmability to the XRP ecosystem, enabling more complex use cases like decentralized finance (DeFi), tokenization, and automated agreements.

2️⃣ Ripple's Vision:
Ripple initially developed Codius to expand the utility of the XRP Ledger and attract developers to build innovative applications on top of it. While Ripple has since shifted its focus to other projects, Codius remains an important part of the XRP ecosystem's history and potential future.

3️⃣ Interledger Protocol (ILP):
Codius is closely tied to Ripple's Interledger Protocol (ILP), which facilitates seamless transactions across different blockchains and payment networks. Together, Codius and ILP could enable cross-chain smart contracts and payments, further enhancing the utility of XRP.

🚀 Potential Use Cases for Codius 🚀

1️⃣ Decentralized Finance (DeFi):
Codius could enable DeFi applications on the XRP Ledger, such as lending, borrowing, and decentralized exchanges.

2️⃣ Tokenization:
Developers could use Codius to create and manage tokenized assets, such as real estate, stocks, or commodities, on the XRP Ledger.

3️⃣ Automated Payments:
Smart contracts on Codius could automate complex payment workflows, such as escrow services or subscription-based payments.

4️⃣ Cross-Chain Interoperability:
Codius could facilitate interactions between the XRP Ledger and other blockchains, enabling seamless asset transfers and data sharing.

📜 The History and Future of Codius 📜

2018: Ripple announced Codius as a way to bring smart contract functionality to the XRP ecosystem.
2019: Ripple shifted its focus away from Codius to prioritize other projects, such as On-Demand Liquidity (ODL) and RippleNet.
2023 and Beyond: While Codius is no longer actively developed by Ripple, the open-source nature of the project means that the community could revive and expand it in the future.

🌐 How Codius Could Impact the XRP Ecosystem 🌐

If Codius were to be fully integrated with the XRP Ledger, it could unlock a new wave of innovation and adoption. Developers could build powerful dApps and smart contracts, making XRP not just a payment tool but a full-fledged platform for decentralized applications including the derivatives market.

🔗 Learn More About Codius 🔗

🚀 Codius: A Gateway to a More Programmable XRP Ecosystem 🚀

(Note: Codius is currently not actively developed by Ripple, or so it seems, but its open-source nature leaves the door open for community-driven innovation.)

Join the TheDinarian Community

To read more articles like this, sign up and join my community today

What else you may like…

Videos

Podcasts

Posts

Articles

thedinarian@thedinarian

9 hours ago

☣️ Woman Confronts Chemtrail Pilots with Absolute Proof of Heavy Metal Contamination Under Flight Paths! ☣️

This is a great example of how regular people can do something about the chemtrails they see being sprayed over them and how people can take ownership of problems they see in their own neighborhoods.

After a mother living in the Joaquin Basin area of California’s Central Valley and her neighbors observed chemtrail flight patterns over their homes over an extended period of time and after they took 20 rain samples to a laboratory that tested positive for aluminum, magnesium, barium, strontium and titanium, she recorded audio of her confrontation with who they’ve identified as the local chemtrail aviation operator.

She tells him that when she alerted the County Supervisors, they were unaware of contents of this aerosol spraying campaign.

The aviation operator acknowledges that his company’s flights are public knowledge.

She counters that the flights are public knowledge but that the contents of the toxic aerosols being sprayed are not, which is in violation of California Codes and Law; that ...

00:04:45

thedinarian@thedinarian

February 03, 2025

💼 Top Treasury Official Resigns Amid Dispute with Elon Musk’s DOGE Over Payment Systems Access

David A. Lebryk, the highest-ranking career official at the U.S. Department of the Treasury, has resigned following a clash with Elon Musk’s Department of Government Efficiency (DOGE).

🔹 The Dispute

~DOGE sought access to the Treasury’s sensitive payment systems, which handle over $6 trillion annually (Social Security, Medicare, federal salaries, tax refunds).

~Lebryk, a 35-year Treasury veteran, opposed the request, citing the systems’ highly restricted access.

🔹 Lebryk’s Legacy

~Appointed Fiscal Assistant Secretary in 2014, he briefly served as acting U.S. Treasury Secretary in January 2025.

~His departure raises concerns about the future management of the nation’s financial infrastructure.

👉 The clash highlights tensions between government efficiency initiatives and financial security protocols. Will DOGE’s push for access reshape Treasury operations, or will traditional safeguards prevail?

00:01:23

thedinarian@thedinarian

February 02, 2025

🤖 Alphacrypto AI Agent Report 🤖

Here is the latest Theta AI Agent report

00:00:50

thedinarian@thedinarian

October 31, 2024

👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

thedinarian@thedinarian

4 hours ago

XRP ETF and DR on the rise: What does this mean for the Ripple course? 🚀

Receipts Depo (RDC) plans to launch XRP Depository Receipts (DR) in the United States. This investment product is intended for accredited investors and is supported by DWP Advisors. The U.S. Office of the Comptroller of the Currency oversees this product, according to Fox Business journalist Eleanor Terrett. The launch of XRP DRs could affect the Ripple courseas it may attract more institutional investors..

XRP DR connects DeFi with traditional finances
According to Fox Business journalist Eleanor Terrett XRP DR works similarly to American Depository Receipts (ADR), which allow investors to purchase foreign shares through US exchanges. XRP DR allows investors to purchase XRP through regulated trading platforms.

This product aims to narrow the gap between Decentralized Finance (DeFi) and traditional markets, bringing more capital into the XRP network. Anchorage Digital becomes the custodian of these DRs, subject to approval by regulators.

XRP DR provides investors with access to international markets, ...

thedinarian@thedinarian

4 hours ago

Experts Predict Timeline for XRP to Reach $4 Price 🚀

XRP has maintained a position around the $3 price level for several weeks, leading many analysts to predict an imminent push to $4. The coin recently regained the $3 mark after seven years but struggled to sustain upward momentum beyond $3.38, experiencing a 20% pullback. Despite revisiting the $2 range multiple times, the asset has rebounded, fueling speculation about its next major price movement.

Several analysts have predicted when the token might surpass $4, with predictions ranging from a few days to several months. Some experts point to technical indicators that suggest a breakout is on the horizon, while others urge patience, emphasizing the role of broader market trends.

● Projected Timelines for $4 Breakout

Crypto analyst Velo Maxi has projected that XRP could surpass $4 within the next seven days. Sharing a price chart with his followers, he pointed to a bullish pennant pattern forming, similar to one that preceded the token’s surge past $3. According to his analysis, the token’s ongoing ...

COINMARKETCAP.COM

Experts Predict Timeline for XRP to Reach $4 Price: Guest Post by Times Tabloid | CoinMarketCap

XRP has maintained a position around the $3 price level for several weeks, leading many analysts to predict an imminent push to $4. The coin recently regained the $3 mark after seven years but

thedinarian@thedinarian

4 hours ago

🔥 FULL FILM: "Bitcoin Jesus: The Prosecution of Roger Ver" 🔥

This Is An Absolute MUST-WATCH/SHARE Documentary!

Full video: https://x.com/RealAlexJones/status/1888023582313243040

X.COM

Alex Jones (@RealAlexJones) on X

FULL FILM: "Bitcoin Jesus: The Prosecution of Roger Ver" This Is An Absolute MUST-WATCH/SHARE Documentary! https://t.co/xrd2b7ZDDF @rogerkver » LIVE X STREAM:

thedinarian@thedinarian

February 07, 2025

All you need to know about the Persistence Incentivized Testnet 👇

Proud to announce that the much anticipated Persistence One Incentivized Testnet is live! Built with community feedback, it pushes us closer to enabling fast, zero-slippage swaps across Bitcoin L2s. Powered by Intents.

Here is everything you must know:

In this in-depth guide, find out everything you need to participate in Persistence One’s BTC Interop incentivized testnet.

The above is great practice for those of you either learning to use Metamask/swaps or need to learn.

Once your done, you will end up with something that looks like this:

Don't say, "I CAN'T DO THAT", Yes you can, just follow the instructions line by line and don't skip ahead, and you will be fine. Besides, there will be an airdrop coming for those that participate!

Link

Read full Article

thedinarian@thedinarian

7 hours ago

CFTC to host CEO Forum on stablecoins and collateral with key industry players, including Ripple, Coinbase

Aiming for innovation and economic leadership, the CFTC plans a forum with crypto giants to shape digital markets.

Key Takeaways

The CFTC announces a pilot program focused on tokenized non-cash collateral with firms like Ripple and Coinbase.
This initiative aims to provide clarity for US digital asset markets and fosters responsible innovation.

The Commodity Futures Trading Commission (CFTC) said Friday it is launching a pilot program to explore the use of stablecoins and other digital assets as collateral in financial markets. The agency plans to convene a CEO Forum with leading crypto firms to discuss the launch, including Ripple Labs, Circle, Coinbase, and Crypto.com.

The forum, announced by Acting Chairman Caroline Pham, will focus on the CFTC’s digital asset markets pilot program for tokenized non-cash collateral. The initiative aims to assess the feasibility and implications of using assets like stablecoins as collateral in trading and clearing activities.

“The CFTC is committed to responsible innovation. I look forward to engaging with market participants to deliver on the Trump Administration’s promise of ensuring that America leads the way in economic opportunity,” Pham stated.

The CFTC’s move comes as stablecoins have grown in market capitalization and are increasingly seen as a potential bridge between traditional finance and the digital asset ecosystem. The initiative builds on Pham’s earlier proposal for a CFTC pilot program designed to serve as a US regulatory sandbox, aiming to provide clarity for digital asset markets while maintaining protective measures.

The agency has previously utilized pilot programs to evaluate new financial products and technologies. Pham has advocated for a “regulatory sandbox” approach to provide clarity for digital asset markets. The CFTC’s Global Markets Advisory Committee has also recommended expanding the use of non-cash collateral through distributed ledger technology.

More details about the CEO forum and the pilot program will be released as they become available.

Link

Read full Article

thedinarian@thedinarian

8 hours ago

The Xahau 2025 Roadmap is here! 🚀

This year, Xahau Network intends to receive powerful updates across scalability, accessibility, security, and innovation.

Here’s what’s coming:

Project "L10K" Improve core technology efficiency to boost transaction capacity to 10,000 transactions per ledger for better efficiency and security. A milestone in performance for the Xahau ecosystem!
Improve UDP Monitoring & RPC Connection-less monitoring and RPC features for node operators optimize performance and scalability across the network. Allowing for efficient, passive monitoring of single or multi-node environments - significantly reducing the overhead.
Finalized New Features (Remarks, Touch, Blackhole, DataMonitor) Complete development and integration of these cutting-edge features, improving interaction with Xahau for developers as well as end-users through products built by developers.
Ledger Hardware Wallet Full Support for Xahau Ensure secure, streamlined Xahau transactions with Ledger Hardware Wallet compatibility, opening up accessibility to Xahau worldwide.
Exchange and On/Off-Ramp Access Xahau is intended to become more accessible through exchanges and on/off-ramp platforms, supporting broader participation and integration within the ecosystem.
LedgerLive Support Xahau integration with Ledger Live, enabling easy access and management using the popular Ledger Live product.
Universal Embeddable Hook Explainer Frame Allowing any wallet to easily integrate a clear explanation of the influence of Hooks on transactions (web, mobile, desktop) with clear, integrated visuals for HookSet transactions, ensuring easier adoption.
JavaScript Hooks Implementation Pending audit approval, bring JavaScript-based Hooks and tooling to tens of millions of developers around the world to develop using Xahau for advanced on-chain logic and programmable transaction capabilities.
Comprehensive Audits & Security Checks Complete audits for all major 2025 features to demonstrate the security and stability of the network, providing verifiable assurance to the world as we head into 2026.
Improved User Experience Guided by feedback, the Xahau ecosystem is set to ensure seamless integration and usability across all wallets and applications.
Batch Implementation Enable efficient multi-transaction verifications, ensuring either all or no transactions occur while allowing service providers to incorporate workflow-specific operations seamlessly into the transaction flow.

2025 is the year Xahau becomes easier to access, use, leverage, and build on while scaling smarter, faster, and stronger.Ready to build the future of on-chain innovation? Start exploring, contributing, and creating today. Learn more: https://xahau.network

Link

Read full Article

Available on mobile and TV devices