/biz/ - Business & Finance

>>8133332
here's what will happen:

Interviewer: So...XRP is the only top 5 coin not on Coinbase. Any plan to add it this year?

Coinbase President: We will add several coins in the next few months, but we can't say which.

*XRP continues to moon*

>>5943381
very weak FUD. other cryptos should survive on their own merit

"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"

>>5531516
Ripple will dethrone Bitcoin in 2018. Unlike Bitcoin, it can be used in the real world. Bitcoin is dying, merchants are dropping and users no longer use it for payments.

*post got deleted for a nsfw pic so I'm reposting*


It's actually more decentralized than Bitcoin.

Bitcoin
-One company has more than 50% of the hashpower
-One oppressive country has more than 50% of hashpower
-One company has a monopoly on creating efficient ASIC Bitcoin miners thanks to patents


Ripple
-10s of validators run by reputable non-related public and private entities in different countries (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-At least 80% of validators must agree for a ledger to be validated

.
.
The chinse gov. can destroy Bitcoin and all PoW coins reputation by pulling a 51% attack:
https://medium.com/@homakov/stop-calling-bitcoin-decentralized-cb703d69dc27

I trust 10s or 100s of entities around the world who are incentivized to keep the network running and put their reputation on line more than an autist gook who doesn't give a fuck.