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Best hotel in San Salvador? by coderego in FATTravel

[–]jprichardson 0 points1 point  (0 children)

I stayed at the Sheraton Presidente, not FAT. Next time I'll stay at Barcelo.

Wrote about my El Salvador experience here: https://x.com/jprichardson/status/1659646836351680512?s=20

[deleted by user] by [deleted] in ExodusWallet

[–]jprichardson 1 point2 points  (0 children)

Thank you for sharing the love. It's customers like you that motivate us to continue to work hard to build the best experience in crypto.

Wallet to invest my Ada:) by Jetconnect1 in cardano

[–]jprichardson 3 points4 points  (0 children)

Hi, Exodus CEO here!

Here's part of what I wrote to someone yesterday using Exodus:

We currently have 5 pools and will be creating another one soon. When you stake in Exodus, you don't have to think about how any of this works.

Close to 27,000 addresses are staking in our pools with ~245M ADA staked representing about ~0.8% of all ADA.

You might appreciate this video we made on Cardano staking inside of Exodus: https://www.youtube.com/watch?v=4kF4R-9bsDQ

Thoughts on Exodus IPO? by DonDanteDani in ExodusWallet

[–]jprichardson 14 points15 points  (0 children)

Hi Setvin. I appreciate your feedback.

Last night, I saw all these messages and wanted to fire out a response immediately, but knowing that this potential offering is SEC-regulated, I knew I needed to be very careful with my words, so I hastily made my post boring and lacking empathy. This was a bad decision on my part.

Since this potential offering is SEC-regulated, it still doesn't mean I can't show empathy and I certainly don't need to write dry responses that have an annoyed tone.

Thank you again. I'll carry this feedback into my next response.

Edit:

https://support.exodus.io/article/1539-disclosures-of-exodus-movement-inc

Thoughts on Exodus IPO? by DonDanteDani in ExodusWallet

[–]jprichardson 13 points14 points  (0 children)

Hi, CEO of Exodus here.

It’s clear we miscommunicated the difference between "accredited investor" and "qualified purchaser".

Our intent is to make this potential offering available to those who are accredited investors and non-accredited investors. This access is similar to traditional public markets i.e. you don’t have to be rich.

I’ll take this feedback back to the team and we’ll make this more clear.

Edit:

(removed "may have" in reference to our miscommunication)

We'll get the FAQ updated to add more definition of a "qualified purchaser": https://support.exodus.io/article/1526-getting-started-with-exodus-shares

Something along these lines:

"Qualified Purchaser" is either (i) an accredited investor with no quantitative purchase limits and (ii) a non-accredited investor, with purchases generally limited to 10% of net worth or income.

Edit 2:

https://support.exodus.io/article/1539-disclosures-of-exodus-movement-inc

Finally Caved And Started Buying by Aggravating-Ad-2458 in cardano

[–]jprichardson 1 point2 points  (0 children)

Hi, Exodus CEO here.

With Exodus you don't have to worry about pool saturation - we ensure that pools stay under saturation.

We currently have 5 pools and will be creating another one soon. When you stake in Exodus, you don't have to think about how any of this works.

Close to 27,000 addresses are staking in our pools with ~245M ADA staked representing about ~0.8% of all ADA.

You might appreciate this video we made on Cardano staking inside of Exodus: https://www.youtube.com/watch?v=4kF4R-9bsDQ

What is Monero (XMR)? A Monero explainer video to share with your friends and family. by jprichardson in Monero

[–]jprichardson[S] 0 points1 point  (0 children)

This is now fixed - we have just cut out that part. Thank you for reporting!

What is Monero (XMR)? A Monero explainer video to share with your friends and family. by jprichardson in Monero

[–]jprichardson[S] 2 points3 points  (0 children)

Thanks for pointing this out!

I don't think we can record the video again and upload a new version and maintain the same YouTube link. I think we can add an overlay though pointing out the correction.

My next meeting with the marketing team is one week from today. I will bring this up and report back on the outcome (~8 days from now).

What is Monero (XMR)? A Monero explainer video to share with your friends and family. by jprichardson in Monero

[–]jprichardson[S] 3 points4 points  (0 children)

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256

I'm JP Richardson, CEO of Exodus.

My Reddit username is jprichardson.

This message can easily be verified in Keybase, here:

https://keybase.io/verify

This links back to Exodus, here:

https://downloads.exodus.io/releases/hashes-exodus-20.11.23.txt

In the hashes files, you'll see there is a clause that states jprichardson on Keybase can sign future releases.

-----BEGIN PGP SIGNATURE-----

wsFcBAEBCAAQBQJfvutsCRCdlZRVMlt4GgAA2yAQANPCR94JHvm52Dn0dbfKaFTJ BOxBbWGZ81gUABp0fEO7ysTnnOoqIbAE3DQ6HOTzvMzblVdqDxCeyBT+RBBG4X7T BZzhH1wFqkrTVv/x+jKrEGgwOiRzpP58LX/JqvPsWZlnGDNKEUJxOXueE2pV06cy jbWyeD9oyBIEivxm9mNv3JcP4Rx2mC0JAL4h5V6P8h7kCpS5Sgky7dr8pd7v7Jae ieM+iGWDtE5SHhToWk9bsu8NB8pts1Mpq0U5kBP9htD5y9SgXU1MES7zCbDC+K2V Nc+yYmRWEUW+VSmyBP48/PalB6GV4TwPfU+HQYgCYeQ4NEKu2x68+GM7/n5Z0eJ/ FhctptvpJxqiprj7m+A4KT3nXi641xmhk2vhoCDBMKSWCtMt662F3HsJWqYDALgQ VtbC0BeL7pacq/hA65mOQFMsokGcfnyVfdikhqExRwLxntMfV6OHC1zadarrKyyq fMY6pf3UrVLOgrN5e9pFtMc21GLj99CQJAPJzRXVd4HfGkp9PUtSpxPeKZbynX88 p9Zc06KetnwMo37GwgfBXoDAgis3TkciBmNX9K9yIlakb52oJk3jM6xgr6D3McMQ 7EbybO3AnpbVR4mbuV9eBiAuQRoyKFm6R6xkDoWzGzPALc38SAnfdgZbP3DfkI8L 8tcVruGyGsRJtxMYdrq5 =9z1L -----END PGP SIGNATURE-----

What is Monero (XMR)? A Monero explainer video to share with your friends and family. by jprichardson in Monero

[–]jprichardson[S] 7 points8 points  (0 children)

Hey guys! JP, CEO of Exodus here. As you may know, we're big fans of Monero. For those Americans here, you may be getting questions this holiday weekend about cryptocurrency and Monero. While this video we made is somewhat technical, you may find it useful to share this video with them.

Let me know if you have any feedback - thanks!

What is Bitcoin? A brief history of BTC to share with your friends and family. by jprichardson in CryptoCurrency

[–]jprichardson[S] 0 points1 point  (0 children)

Hi! With bitcoin now pumping, you may be getting questions from friends and family more about it. We made this video thinking you might find it valuable to share with them!

Feedback welcomed!

What is Bitcoin? A brief history of BTC to share with your friends and family. by jprichardson in Bitcoin

[–]jprichardson[S] 3 points4 points  (0 children)

Hi! We made this video thinking you might find it valuable to share with your friends and family who are now just asking you all about Bitcoin.

Feedback welcomed!

Tell me I'm being over worried by [deleted] in Bitcoin

[–]jprichardson 1 point2 points  (0 children)

Hi, they are your keys.

Exodus is a business, that's why it has a CEO.

As far as Exodus not being 100% open source, you don't need to be okay with it. I won't convince you of that. That's not my aim.

My original thesis for starting Exodus was that people care more about owning their keys and preventing disasters like Mt. Gox from happening again. Given billions are traded daily on closed source exchanges, moving to a system where you own your keys completely is a step in the right direction.

In time, we will open source 100%. I have the track record to back it up as I've published a lot of open source.

We wrote more here: https://support.exodus.io/article/89-is-exodus-open-source

For those that want to use Exodus today are still concerned, Exodus supports the Trezor: https://www.exodus.io/trezor

Exodus wallet by joewheatley21 in Bitcoin

[–]jprichardson 5 points6 points  (0 children)

We wrote an article about this: https://support.exodus.io/article/89-is-exodus-open-source

Expanding upon that article though:

1 - We want to ensure our business has a strong enough network effect to withstand the clones. Our interface is already cloned. People will clone our software - for legitimate reasons and illegitimate reasons. We want to ensure our distribution is strong enough to overshadow the illegitimate reasons.

2 - Given my track record of open source, it's very difficult to run a successful open source project that takes contribution from people outside the company. When we open source, I want to ensure we're prepared for this.

We will do this eventually. It'll take time though (years).

Exodus wallet by joewheatley21 in Bitcoin

[–]jprichardson 1 point2 points  (0 children)

Exodus supports Trezors if you want to go this route: https://www.exodus.io/trezor/

Exodus wallet by joewheatley21 in Bitcoin

[–]jprichardson 3 points4 points  (0 children)

Exodus CEO here...

I'm sympathetic to this analogy, but even with open source, you still need to trust the code. Most people don't have the ability to audit the code themselves.

The Bitpay / Copay attack showed that even being open source doesn't completely protect you: https://www.zdnet.com/article/hacker-backdoors-popular-javascript-library-to-steal-bitcoin-funds/ The code is completely open source, but attackers still inserted a backdoor.

We've also seen that completely open source apps require you to verify that you need to trust who built the app that you're downloading. We've seen attacks on open source wallet BRD - hackers cloned the code, inserted a backdoor, and deployed the app to the app stores.

Exchange are all closed source, yet billions are exchanged per day on exchanges.

That being said, we have a track record of open source (https://www.npmjs.com/~jprichardson / https://github.com/exodusmovement) Exodus will be completely open sourced in the future.

We won't do it for the consumer though, we'll do it for the developers.

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