Ripple XRP QUANTUM Readiness, Flare CEO FIRES SHOTS at Charles Hoskinson, Ripple Partner Chose Xahau

Added: 2026-05-13

[00:00:00]Yeah, I think the interesting thing is that Qday is real. It's credible and it's no longer like if but when.

[00:00:12]Hey everybody, it's Eddie from Tokyo.

[00:00:15]This is your cryptocurrency update from Japan. And that was IO in the intro, the head of engineering at Ripple. And I should maybe be clear, it is Ripple X.

[00:00:26]That is the division according to the org chart. And boy, did I have a lucky year meeting him in Australia and then again at XRP Tokyo both times having dinner with him. He is one of the key coders that's putting his brain skills to work to solve really a lot of difficult challenges for the XRP ledger from DeFi to AI and everything in between. Paul Baron had a 15inute interview with IO and we're going to hear a little bit more of a curated clip that I prepared. I'm really happy that Paul did this in XRP Las Vegas because I've not seen any professional capture from the stage. So, if there wasn't any money spent this year in Vegas, um I'm very thankful for the few videos that we have from Paul on this day. At the time of the recording, Bitcoin has been playing in the $81 to $82,000 range and it's currently trading at 81,410 with a few million other onlookers carefully watching. Now, if you think retail deals with tribalism in this space, you're spot on. However, founders of chains take it one step further.

[00:01:44]Competition is more than a simple comparison. my chain is better than yours. It's a matter of survival. And why would Hugo of Flare Networks post something like this? Cardano launched in 2017. Flare launched six years after.

[00:02:02]Ever since Cardano has been trying to miserably failing to copy our strategy.

[00:02:09]Wow. I'm personally looking forward to them getting into the TEES. that would be the trusted execution environments.

[00:02:18]And he goes on to say that Cardano has far lower stats across the board in DeFi and Flare despite having a massive head start at least at some point a vast treasury. Cardano will not win Bitcoin.

[00:02:34]Flare will win by creating a unified DeFi layer for FXRP, FBTC, FXLM, RWAS, which are the real world assets, stables, and all the rest. Charles responds with attacking Cardono to get attention in media is so 2022.

[00:02:55]Do you need to update your marketing strategy? Maybe a Tik Tok reaction video.

[00:03:02]These guys, I'm telling you, yes, I do have my popcorn and it is full of hot butter. Hugo included in his post that Cardano has 131 million in total value locked. So, he is trying to make the point that even Flare now coming 6 years later is sitting with 159 million in total value locked. And I'm telling you, there is no stopping Flare. You want to see what he has now worked up with Uphold? Have a listen.

[00:03:36]>> We're really excited to be working very closely with leaders in the XRP DeFi ecosystem. We're close partners with Flare. We're letting people easily move between the XRP ledger, the XRP they hold on up, and the Flare network. Once their XRP has been moved to the Flare network, we're going to give users more ways to deploy that XRP, whether it's insurance protocols, borrowing, lending, and other innovative staking features that earn a yield on your XRP.

[00:04:15]So when you really begin to understand how big this collaboration is between Flare and Uphold, I want you to remember that Hugo had 200 plus exchanges collaborate with him for the Flare airdrop. And if he continues this strategy, it's going to be game over for anyone trying to compete as a leader in XRPI.

[00:04:41]But yep, Charles will continue. Here is his latest narrative.

[00:04:46]>> The US government because of the reserve is going to hold 212,000 Bitcoin. I'd like to make those programmable. Black Rockck holds a huge amount. I'd like to make those programmable. The same for all the other sovereign governments and Fortune 500 companies that.

[00:05:00]>> And while Flare is really seemingly wrapping up the XRPI, we have a very interesting breaking story. This is the power of the Zaha network born from XRP ledger. The new remittance rails are going to be huge for inbound flows to Africa from Europe. And this is a big collaboration as well with Terrapay that is a Ripple partner but in this case they're going to be on Zaha and Zaha being a code fork blockchain originating from the beautiful XRP ledger. It is a little bit different because it has been enhanced with smart contracts called hooks. And for those of you who want to know a little bit more about this, I'm going to put the Terrap Pay press release in the description of this video. Let's listen to the rest of that curated clip with IO before we jump to the fluff.

[00:06:00]>> Qday is real. It's credible. And it's no longer like if, but when. And I think that's a massive shift from where we were a couple of years ago. Um and I think the northstar uh for the space is that we have to be ready right we have to understand what it takes to prepare for this day and how to migrate not just blockchain technology and infrastructure but just financial infrastructure and and internet infrastructure and so it actually goes much beyond you know the the lens in which most people are looking at it from um and I think for us it's it's really important that we you know absorb that understanding that this is real, it's coming and there are multiple angles in which things are accelerating.

[00:06:46]>> Can you be confident that you feel like the XRP ledger is going to be wrecked?

[00:06:49]>> I think it's it's by necessity that we have to be ready, right? And and so we've we've put forth a road map that reflects that uh intention. Uh and I think our our call right now is to the ecosystem that we support to like say, hey, we are going to be doing a number of things over the next year to just educate ourselves and the community on what it's going to look like in this postquantum era and and show the breadcrumbs of like what we're what we're doing to keep assets safe while we migrate versus um like what it's going how it's going to impact you know the validator infrastructure, how people do key management, um how people interact with the network. like all of those things will be impacted and people aren't absorbing that yet. And so we want to just, you know, con I don't want to use the word condition. I just educate uh our community so that they're prepared as we're uh introducing the technology that makes everyone safe.

[00:07:38]>> Here you're looking at a traditional home in Japan. And on May 5th, we celebrate Children's Day, Cotto Noki.

[00:07:46]And originally, it was a day to ward off evil spirits for samurai boys. I had a very good time looking at all the displays on X. The Japanese armor, helmets, and swords are now part of a decoration that comes out once a year.

[00:08:06]These displays they started back in the 1100s and then it became very popular during the Edeto period which took place from6003 to 1867 to hang the carp streamers in the garden. And it was not until 1948 that the government decreed the day to be a national holiday for the celebration of all children. From today till 7 to 10 days from now. You can go anywhere in Japan and you're going to see these colorful carps streaming. It is a tradition that both boys and girls look forward to. All right, everybody. Do take care. Sayanara for now. Bye-bye.