/biz/ - Business & Finance

>>6250179
bro, DYOR. That guy is super off base.

Ripple 101
----------

-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships (e.g., Amex, Santander, ..) and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (as in Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 100s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.

-The software is open-source (Stellar was a fork of Ripple).

Do You Own Ripple?

Get in the train morty. You wanna be rich don't ya? Not like your father.

Buy the ddd *burrrrrP* DIP MORTY. BUY THE FUCKONG DIP. So hot, so creamy morty. Just think of all the Galaxian hookers you'll bone with that cash Mmmm MOrty *bbburp*

XRP is less centralized than Bitcoinz MORTY. Buy the dip morty. Bbbb bu buy the *bbbburrrrp* Dip.

That's all morty.

>>5607281
Look. In all seriousness. I love XRP. I also love shitcoin and bitcoin. The reality for a stable working product which focused on platform and tech was and has always been needes to make this market work. BTC shills hate eachother so much. We've had more segwits than most of is have ex wives and kids. Nothing will take without the tech and proven useability. Unfortunately BTC has failed us and will be dethroned.

XRP to $3 by January. $68 by June. $100 EOY.