A decentralized ledger behaves like a garden. Accounts appear, relationships form, clusters bloom around markets and signals travel through them. This is the XRP Ledger now, read in your browser from its latest validated ledgers.
Transactions
Entities
Relationships
Clusters
Signals
Intelligence
READINGLIVE · XRPL MAINNETOFFLINEWaiting for the first validated ledger
Reading the latest validated ledgers…
The graph appears when this browser has read a validated XRPL ledger. Nothing is drawn from stored or sample data.
Account
In a cluster
DEX or AMM hub
Named by a signal
Up to 80 of the most active entities are drawn (42 on small screens). Order-book and AMM activity has no counterparty field, so it gathers at a hub. Addresses are shown as the ledger records them; this page does not say who owns them.
Intelligence with evidence
An assessment is only as good as the trail behind it. Every line below comes from the same ledgers as the network above, and every one can be checked.
Assessment
READING
Reading the latest validated ledgers
Signals
Evidence
Source
Updated
Agreement
Asked of a second server after the first read.
The rule is shown here with the first result.
Built for institutional work
Five kinds of question, one source of truth. Each one is answered from validated ledger state and leaves a record.
Understand the signals that matter to a position: issuer freeze and clawback powers, reserve headroom, concentration and the depth that can actually fill an exit.
In the app: Decision Card, exit simulation against funded depth
Counterparty intelligence
Explore who an address deals with, how concentrated that is, and whether its funds touch sanctioned or reported addresses.
In the app: deposit and withdrawal screening, multi-hop source of funds, exchange attribution
Network analysis
See how the ecosystem is structured and what changes from ledger to ledger: clusters, hubs and the amendments actually in force.
In the app: Ledger Watch event feeds, amendment status read from the ledger
Policy analysis
Compare observed activity with the conditions you configure, and see exactly which rule held and which blocked.
In the app: versioned policies with four-eyes activation, GO, HOLD or NO-GO with receipts
Research
Turn ledger activity into findings you can cite, with the ledger index and hash attached to each one.
In the app: investigation cases with hash-chained logs and exportable reports. Published findings
NOSHASHI supports compliance work. It does not certify compliance and does not replace your own review.
One ledger. Three questions.
Can this move? Can it actually exit? Can we prove why?
Every answer is read from validated XRPL state, decided by deterministic rules and
your versioned policy, and recorded with a receipt anyone can recompute. People make
the institutional decision; NOSHASHI shows them what the ledger supports.
COMPLIANCE
Can this move?
GO, HOLD or NO-GO against your policy: freeze rights, credentials, reserve headroom,
concentration, Travel Rule thresholds. Every rule's result and reason is shown, and
no GO is issued unless independent public servers agree on the ledger.
LIQUIDITY
Can this actually exit?
What the order book quotes is not what can fill. NOSHASHI counts only what each
offer's owner can deliver, simulates the exit against that, and joins it to the
issuer's right to freeze.
EVIDENCE
Can we prove why?
Each decision carries a SHA-256 receipt over the rules, the policy version and the
ledger it was read at. Re-verify it, replay it at that ledger, or export a report an
auditor can check with shasum.
THE INSTITUTIONAL QUESTIONCan this decision survive review?
One validated state, one deterministic rule set, one receipt an examiner can replay.
INPUTPublic ledger state
Flags, trust lines, credentials, domains, book depth and amendments.
OUTPUTGO · HOLD · NO-GO
The exact rule, evidence and timestamp behind the answer.
CONTROLBefore the signature
Read-only by design. No custody, key storage or broadcast path.
01 / READValidated statesame ledger snapshot
02 / TESTPolicy enginedeterministic checks
03 / PROVESHA-256 receiptbyte-stable evidence
04 / HAND OVERReview-ready exporttraceable custody
CONNECTINGLINK—XRP / RLUSD · DEX MID—SPREAD YOU CAN FILL—VALIDATED LEDGER—TX IN LAST CLOSE—OPEN LEDGER FEE—CLOSE INTERVAL
Price is the midpoint of the XRPL DEX order book for XRP against
RLUSD, counting only offers their owners can actually honour. It is the ledger's own
price, not a feed from a centralised exchange, and the two can differ.
OPERATING MODELRead → adjudicate → hand over
One validated state becomes a decision an examiner can replay.
EVIDENCESHA-256 receipts
Byte-stable output for review and retention.
BOUNDARYNever signs
No keys, custody, transaction builder or broadcast path.
DEPLOYMENTOn-device first
Run the instrument beside the workflow it informs.
XRPL RELAY TOPOLOGY · LIVE SIGNALMAINNET LINK · 04 REGIONS
PACKETS = LIVE LEDGER EVENTS · RELAY REGIONS 04TOPOLOGY MODEL · NOT GEOLOCATION
RELAY NODEEVENT LANESECONDARY ROUTE
01 · The thesis
An asset is two facts, not one
An issued balance is only an asset if the issuer cannot immobilise it and
somebody will buy it. Either alone is a half-answer.
THE COMPLIANCE HALF
Who can take this away from you?
XRPL publishes freeze rights in account flags that no wallet reads. We read every
issuer behind every position and report which can freeze you out, which have
permanently surrendered the right, and — via XLS-77 deep freeze — which can stop
you receiving as well as sending.
THE MARKET HALF
Would anyone buy it if they didn't?
We walk the live DEX book and the AMM pool for every position you hold and compute
what a full exit would actually achieve — fill rate, price impact, and the depth
genuinely reachable rather than the depth nominally resting.
02 · Why the second half is hard
Book depth is mostly fiction
Summing every resting offer counts bids at a thousandth of the market as though they
were an exit. Measured on mainnet, GateHub USD/XRP:
Metric
Naive
NOSHASHI
Spread
−18,675 bps
20 bps
Full-exit slippage
9,340 bps
10 bps
Usable bid depth
12,692,991 USD
13,894 USD
The book advertised 12.7 million USD of depth. 13,894 is
reachable — a 913× overstatement. The touch was poisoned by a single stale offer
priced at 29× the real market; the rest was lowball bids nobody would ever fill against.
03 · How a verdict is made
One ledger read, two questions, one receipt
Both halves are answered from the same validated ledger state, in the same pass.
That is the whole architecture — and it is why the two answers can be trusted
against each other rather than compared across two tools reading at two moments.
SAME STATEBoth halves read one validated snapshot. A freeze right found at
ledger n is weighed against depth measured at ledger n, not against
a book that has since moved.
NO SIGNING PATHThe engine is pure. It takes state and returns a verdict — it
cannot hold a key, build a transaction or broadcast one, because none of that exists
in the build.
BYTE-STABLEThe receipt digest covers the verdict and every check id and result.
Restyling cannot change it; a changed digest would invalidate every receipt ever
issued, so the engine is fixed by test.
04 · For everyone
Check it before you pay it
Three tools that read mainnet from this page: who you are paying, what a payment
actually delivered, and how much of a book could really fill. Free, no account,
nothing is signed — and each re-measures a finding we publish,
so you never have to take the number on trust.
Can this account freeze what it issues you, and what does it charge?
Try
··
A payment succeeded. Did it deliver what it said it would?
A tesSUCCESS payment can deliver a fraction of its stated
amount. Crediting the stated figure is the mistake that has drained exchanges.
How much of this book could actually fill?
An offer rests in the book whether or not its owner still holds the asset.
rippled reports the difference and most interfaces sum the
advertised figure anyway. How this was measured.
What are you holding, and who can freeze it?
Every token balance sits on a trust line to whoever issued it, and most issuers keep
the right to freeze that line. This reads the lines and then asks each issuer whether
it has given the right up.
Who issued this NFT, and what did they keep the right to do?
An XLS-20 token id is not a lookup key — the issuer, the royalty and the rights are
encoded in the id itself. This decodes it in your browser, then confirms the issuer
exists on mainnet.
Do the public nodes agree on what the ledger says?
You are reading the ledger through somebody's server. If two of them disagree about
the validated ledger, that disagreement is the reading — not something to average away.
WHAT IT TELLS YOU
Published facts
Whether they can freeze your balance, what they charge to transfer, what they have
issued and how much is outstanding, what credentials they hold, and who they have
actually dealt with.
WHAT IT WILL NOT DO
No invented reputation
There is no bad-actor list behind this and no reputation score, because we do not have
one. Inventing a number people act on would be the worst thing this product could do.
WHY IT IS SAFE
A lookup, not a wallet
It moves no money, holds no key and signs nothing. That is deliberate: it keeps a
public utility a public utility, with none of the weight of a custodian or a ramp.
05 · For institutions
Built only on what the network has actually activated
XRPL ships features as amendments, and a feature exists in three states: specified,
implemented in rippled, and activated by validator majority. Only the third one
works. NOSHASHI reads the ledger's own amendments object and refuses to offer anything
that is not genuinely live.
XLS-70 · XLS-80 · XLS-81
Credentials, domains, permissioned DEX
Adjudicate every settlement against a domain's published rule set. Walled gardens where
only holders of named credentials may transact, and order books restricted to an
approved membership.
XLS-77 · CLAWBACK
Freeze and recovery posture
Deep freeze blocks a sanctioned holder from sending and receiving — an
ordinary freeze leaves them able to keep accepting funds. We read both, plus issuer
clawback rights on your positions.
FATF R.16 · HHI
Travel Rule and concentration
Scope every transfer against your jurisdiction's threshold, and score the settlement
book with the Herfindahl-Hirschman Index — the same measure a regulator uses.
DELIVERED ≠ REQUESTED
What a payment actually moved
An XRPL payment carries the amount it asked to deliver and, separately, the amount
that arrived. On a partial payment those differ and the transaction still succeeds.
A real mainnet transfer we read asked for
999,332.87 and delivered
3,958.64 — 0.4% — returning
tesSUCCESS. Credit the requested figure and you are out by
two hundred and fifty times. This is the mistake that has drained exchanges, and it
is one field.
SIGNER WEIGHT · NOT HEADCOUNT
How few people can move a treasury
XRPL compares a multi-signature quorum against the sum of signing weights,
not a count of signers. Five signers where one carries the quorum is a single-key
account wearing a committee's clothes. We report the minimum number who must
actually agree, which is the only number that means anything.
06 · The ledger can be transparent and still be misread
Every field is public. Not every reading is right.
Six real mainnet replies, each read two ways: the obvious field at face value, and
what NOSHASHI reports. The right-hand column is not written for this page — it is what
NOSHASHI's own code returns for the recorded reply, and a test fails the build if the
two ever disagree.
delivered_amount ≠ Amount
A successful (tesSUCCESS) payment carries the amount it asked to deliver and, separately, what arrived. With the partial-payment flag set they differ and the transaction still succeeds. Crediting the Amount field would over-credit by 1,295,975×. This one is an account paying itself through the exchange; the same flag on a payment to an exchange is how deposits get over-credited.
0.077162 XRP arrived — 0.00008% of the stated amount
Quoted depth ≠ fillable depth
An offer stays in the book whether or not its owner still holds the asset, and an expired offer is removed only when something touches it. Summing the advertised figures counts exits that cannot happen.
42,328.77 USD can fill — 33% of what is shown; 31 of 60 offers cannot fill at all
Sequence ≠ transaction count
Since the DeletableAccounts amendment, a new account's Sequence starts at the ledger index it was created in. It says when the account began, not what it has done.
0 transactions sent. The account was created in ledger 86,795,414, and as an AMM pseudo-account it cannot send any.
Quorum ≠ signer headcount
XRPL compares a multi-signature quorum against the sum of signing weights, not the number of signers. The number that describes control is the fewest signers who can reach the quorum.
The ledger answered actNotFound: there is no account at this address. That is not an account holding nothing; a payment to it would have to create it, and nothing about it can be verified.
A feature exists in three states and only the third one works
XRPL ships features as amendments: specified, implemented in rippled,
and activated by validator majority. Until the third, every transaction of that
type is rejected by every validator on the network. NOSHASHI reads the ledger's own
amendments object and computes each id locally — SHA-512Half of the feature name — so no
lookup table can drift, and anything not activated is never offered.
Validated mainnet state, with four public nodes compared and their disagreement
reported rather than averaged away.
02
Adjudicate
A deterministic rule set. The same state and the same rules return the same verdict,
on your machine and through the API.
03
Digest
SHA-256 over the verdict and every check id and result. Byte-stable, so a receipt
can be re-verified years later.
04
Hand over
Signed export with a chain of custody an examiner can follow, plus the request id
that names the same adjudication in your logs and ours.
Amendment state verified against mainnet on 2026-08-24 — rippled 3.3.0, 93 amendments
active. The app re-reads it live; this list is the state at the last audit of this page.
08 · XRP, live
The asset, the network, and what is being said about both
Price and seven days of history, the validated ledger the network is on right now, and
headlines from three public feeds — all read on the server before this page was sent.
Context, not signal: nothing in this section is a NOSHASHI reading, and no verdict
follows from any of it.
XRP · LIVE MARKET AND NETWORKUPDATED just now
XRP / USD · SPOT$1.36▼−4.02% over 24h
Where has XRP traded this week?
How much actually changed hands?
MARKET CAP$85.70B
Reported across tracked venues.
24H VOLUME$1.55B
Reported, not fillable. The book is the fillable number.
VALIDATED LEDGER107,611,511
Read from xrplcluster.com.
BASE FEE0.00001 XRP196 peers on that node.
READ SERVER-SIDE · SPOT, HISTORY, LEDGER ANSWERINGMARKET DATA, NOT A VERDICT
Merged from Google News, Cointelegraph, CoinDesk. Headlines link to the publisher and are reproduced as titles only.
They are news about the XRP Ledger, not a NOSHASHI reading, and no verdict is implied by any of them.
PUBLIC RSS · MERGED SERVER-SIDETITLES AND LINKS ONLY · NO ARTICLE TEXT IS COPIED
Three experimental analyses built from validated XRPL state. They are designed to expose
operational blind spots, not to predict markets or replace an accountable review.
EDGE PACK / 0.1
Download the lab
Get the portable manifest, replay checklist and data dictionary for controlled review.
The pack contains no signing keys and cannot submit transactions.
Trace the shortest credible path from a held issued asset to an XRP exit, including
issuer controls, trust-line constraints and observed book depth.
READ-ONLY · EXPERIMENTAL
STATE DRIFT
Amendment drift radar
Compare the active amendment set with the rule assumptions used in an evidence receipt,
so a previously valid control cannot quietly age into a false comfort.
REPLAYABLE · NO PREDICTION
COUNTERPARTY
Recovery graph
Surface issuer, signer-list and credential dependencies that can change who is able to
remediate a blocked position. Unknown data stays unknown.
PUBLIC DATA · REVIEW REQUIRED
Experimental means the rule definitions and coverage may change. Do not use an
Edge Lab output as the sole basis for a trade, filing, customer decision or legal conclusion.
10 · Download
Take the instrument offline
The full build, free to download. Bring the same adjudication engine to a
controlled workstation, then verify the artifact before it ever touches a desk.
.rpm — 4.4 MB, sha256 28a3b46f…aac4a9e0 and .AppImage — 83 MB, sha256 29fc0280…badfa9a6. The AppImage is large because it carries its own WebKitGTK; the .deb uses yours.
Operator note. Every build on this page is a
beta: pre-1.0, and intentionally unsigned while the
release pipeline is being hardened. Verify the SHA-256 value above, then follow your
institution's software admission process before deployment.
VERIFY BEFORE YOU RUN IT
Check the download matches the hash above:
shasum -a 256 NOSHASHI_1.0.20_aarch64.dmg # macOS / Linux
certutil -hashfile NOSHASHI_1.0.20_x64-setup.exe SHA256 # Windows
The app also hashes its own running binary — Settings › Binary integrity — so you can
confirm nothing changed between this page and execution. That check is free on every
tier; charging for the ability to verify we are not malicious would be perverse.
You can go further and read the code. Every build on this page was produced by CI
from a public commit, and the logic that makes claims carries 272 tests.
Source on GitHub →
WHAT YOU GET FREE
Live XRPL mainnet telemetry
GO / HOLD / NO-GO adjudication, unlimited
Cryptographic receipts
Credential registry and domain grid
10 address checks per month
Animated explainers
On-device compliance agent
Exit liquidity, freeze-rights and control-surface analysis
Persistent adjudication ledger
Travel Rule scoping and signed export
Not code-signed or notarised yet. macOS will warn about an unidentified developer —
right-click the app and choose Open the first time. Better said here than as a surprise.
11 · Mission log
Every change, with the build that proves it
Releases reach this log from the GitHub Releases API, which means an entry cannot appear
without CI having produced an artifact first. Maintenance and incidents are written in the
repository and reviewed like code. Neither is typed into a box on a marketing page.
UTC18:28:04
MISSION ELAPSEDT+44d
SINCE FIRST RELEASE2026-08-29
FLIGHT READINESS
noshashi.appStatic pages and the server-rendered feeds.OPERATIONAL
Release pipelineGitHub Actions builds every download on this site.OPERATIONAL
XRPL telemetryPublic mainnet nodes read directly by your browser.READ LIVE
Desktop applicationRuns on your machine. A site outage does not affect it.UNAFFECTED
RECENT ENTRIES
RELEASE
NOSHASHI v1.0.20
Built from c310861dcc77d9c81b7d31482b9e52410df3b7a0 on macos-latest. Verify your download before running it: shasum -a 256 # macOS / Linux certutil -hashfile SHA256 # Windows The app also hashes its own running binary — Settings › Binary integrity — so you can confirm nothing changed between this…
Built from 10c43706994495324049249727adb1c0c48872cc on macos-latest. Verify your download before running it: shasum -a 256 # macOS / Linux certutil -hashfile SHA256 # Windows The app also hashes its own running binary — Settings › Binary integrity — so you can confirm nothing changed between this…
Built from 0e8ff5050fc19a40ceff02c34c68446c1416990d on macos-latest. Verify your download before running it: shasum -a 256 # macOS / Linux certutil -hashfile SHA256 # Windows The app also hashes its own running binary — Settings › Binary integrity — so you can confirm nothing changed between this…
Built from 2fad8055b3a5fecc0b741caec8bfe8223e8db20b on macos-latest. Verify your download before running it: shasum -a 256 # macOS / Linux certutil -hashfile SHA256 # Windows The app also hashes its own running binary — Settings › Binary integrity — so you can confirm nothing changed between this…
Built from b8c9b2c80cb5bad57249c22633f00d858c01cb44 on macos-latest. Verify your download before running it: shasum -a 256 # macOS / Linux certutil -hashfile SHA256 # Windows The app also hashes its own running binary — Settings › Binary integrity — so you can confirm nothing changed between this…
An email when a build ships or a capability lands — drawn from the same mission log
this page publishes, so an email cannot claim something the site does not.
No schedule, no digest, one click to leave.
12 · Pricing
Free where a human decides
The console is free forever. Paid tiers begin where a desk needs something an individual
does not.
Subscriptions renew automatically until cancelled. Cancel any time in two clicks.
Full refund within 14 days of a first charge if no paid capability was used.
NOSHASHI sells software. It does not transmit money, hold customer funds, or take custody of any asset.
13 · Common questions
The things people ask before they download it
The same answers the support console gives, from the same file. If the two ever disagree,
this page is right and the console is a bug.
What does NOSHASHI do?
NOSHASHI reads validated XRP Ledger state and answers two questions from it at the same moment: whether a transfer is permitted under the rules you configured, and whether you could actually exit the position. It returns a GO, HOLD or NO-GO verdict with the evidence attached. It is informational tooling — it never holds, signs or moves an asset.
The console is free forever, including unlimited GO/HOLD/NO-GO checks, live mainnet telemetry and 10 address checks a month. Pro is $749 per seat per month and adds unlimited address checks, exit-liquidity and freeze-rights analysis, the persistent adjudication ledger and 5,000 API verifications. Institutional is $4,000 a month and adds Travel Rule scoping, signed audit export, offline adjudication and 100,000 API verifications.
No — every build on this site is labelled BETA. It is pre-1.0, the binaries are not code-signed or notarised yet, and the release pipeline is still being hardened. Treat it as an evaluation build: verify the SHA-256, run it through your own software admission process, and do not make it the sole basis of a decision carrying legal consequence.
No. There are no accounts on this site — sign-in and the hosted workspace were withdrawn. The application runs on your machine and reads public ledger state directly, so there is no server-side state to log into. A paid subscription is managed through Stripe and does not create a website login.
macOS or Windows blocks the app — is that expected?
Yes. The builds are not code-signed or notarised while the release pipeline is being hardened, so macOS reports an unidentified developer and Windows SmartScreen warns. On macOS, right-click the app and choose Open the first time. Verify the SHA-256 published next to the download first — that check is what actually tells you the file is the one CI built.
No, and it cannot be made to. NOSHASHI has no signing path and no custody: it reads ledger state and reports on it. It is not a bank, broker-dealer, money services business, money transmitter, qualified custodian or registered investment adviser, and nothing it produces is legal, regulatory, tax or investment advice.
Without an account there is no server-side state: no analytics, no telemetry, no crash reporting. The compliance agent runs on your own machine with zero egress. Secrets are held by the OS keychain rather than by the app. Typefaces are self-hosted, so opening a page does not announce you to a font CDN.
Payments run entirely through Stripe — no card data ever reaches NOSHASHI. Subscriptions renew automatically until cancelled and can be cancelled at any time, taking effect at the end of the period already paid for. A first charge is fully refundable within 14 days if no paid capability was used.
Not advice.
Nothing produced by this software is legal, regulatory, tax or investment advice. A GO verdict
means the configured rules passed — it is not a representation that a transaction is lawful in
any jurisdiction and it does not discharge any obligation owed to a regulator. Determinations
carrying legal consequence must be reviewed by qualified counsel and the responsible compliance
officer. NOSHASHI Labs is not a bank, broker-dealer, money services business, money transmitter,
qualified custodian or registered investment adviser.
Experimental Edge Lab outputs are research features, may be incomplete, and are not a
representation of liquidity, solvency, legality, ownership, title or recoverability. You are
responsible for independent verification, jurisdiction-specific review, sanctions screening,
privacy compliance and decisions made from the software.