You are encouraged to consult the Cannabis Act and the applicable regulations. We offer no representation as to the accuracy or completeness of the information given by this calculator or on this site.
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The information is also not meant to replace professional or legal advice. You are responsible for respecting the laws of the province or territory you are in. Results depend on the accuracy of the information you enter. This calculator is for your convenience only and should not be relied upon exclusively for determining the amount of cannabis that an individual may possess in public. This calculator is not intended for use for cannabis for medical purposes where the public possession limits for authorized patients may be different than the 30 grams allowed for non-medical purposes. You can use this tool to help you stay within the legal public possession limit when you have different classes of cannabis products, such as: Once a supermajority (80%) of validators agree on the hash, the ledger candidate is considered final.The law says an adult may possess up to 30 grams of dried cannabis, or its equivalent, in public for non-medical purposes. Once a supermajority (80%) of UNL nodes have matching ledgers, each server computes a new ledger hash from the agreed-upon transactions and compares results. The consensus process involves multiple rounds where UNL validators exchange ledger candidates, adding and subtracting transactions until their proposals match those of their trusted validators. These servers can join the network and become Ripple validators, but to ensure reliable consensus, Ripple recommends a list of trusted nodes called the “Unique Node List” (UNL) for validators to consider. The XRP Ledger is maintained by a network of independent validators who constantly compare their transaction records. All transactions are public, with strong cryptography to guarantee the integrity of the system. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. In consensus protocol, designated servers-called validators-come to an agreement on the order and outcome of XRP transactions every 3-5 seconds. XRP runs on the blockchain known as XRP Ledger (XRPL), which is a decentralized public blockchain that uses the consensus protocol to verify transactions. The Interledger Protocol does not require the use of XRP, but it can be connected to the XRP Ledger.Įnabling developer activities: XRP also leverages RippleX, which allows developers and entrepreneurs to integrate blockchain technology into their applications with tools and services built on top of the XRP Ledger.
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Liquidity on-demand: XRP is used to source liquidity on-demand and reduce the amount in nostro accounts required to make global payments.įacilitating transactions: Ripple also funds the Interledger Protocol, a software platform that aims to facilitate transactions between cryptocurrencies and bank ledgers. Gas fees: XRP can be used for paying on-chain transaction fees, as with other cryptocurrencies. XRP is the native asset of the XRP Ledger. Ripple uses XRP in its solutions because it’s fast, efficient, reliable and carbon-neutral-and because it seamlessly supports our customers’ compliance efforts. Ripple is a technology company and XRP is an open-source digital asset independent of Ripple.
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