/biz/ - Business & Finance

>>9477265
>
Clearly you didnt even finish reading my post before getting triggered... I literally dismissed pow as being just as centralised.
No point on discussing DPoS because it's a joke compared to PoW or RPCA, my post is for all readers of this thread, you are just one of them.

>UNL provides no rewards so why the fuck would you run one unless you are ripple themselves/are doing development?
Running a Ripple validator is very cheap. Companies support the future network of money out of self interest and it's also free PR. BitGo, MIT, Microsoft, and many others run validators. Many more will join this year.

>>8256572
>It is a fiat type currency because is has single points of failure
as the anon said: "If Ripple Labs die today, the network would continue to function."

>It is centralized
it's more decentralized than Bitcoin (one chinese company owns more than 50% of the hashpower).


>And it is controlled by a certain group of people
it's open source and the nodes pice the validators or can become validators themselves.


>Cripple is not a fucking cryptocurrency.
Proof of work consensus is not what makes a crypto a crypto. DLT + crytography to secure balances is what makes a crypto a crypto.

>>8026441
*meant >>8026365

luke: a prominent Core developer

>>8019644
more on PoW centralisation

Luke: prominent Core dev who wants PoW changed

>>8018469
Luke: prominent Core dev

>>7923831
Bitcoin core dev