/biz/ - Business & Finance

>XRP is a centralised shi-

>XRP is centralise-

>XRP is a centralised shi-

>>24560080
>I've been in the market and I deem it a centralized shitcoin without research.

Anon you're embarrassing yourself here. You obviously haven't taken a serious look at how Ripple and XRP has evolved. Please stop this is sad.

>>24361848
>What about the locked supply?
>Who controls XRP escrow?
Well, it is locked.
>We use Escrow to establish 55 contracts of 1 billion XRP each that will expire on the first day of every month from months 0 to 54. As each contract expires, the XRP will become available for Ripple’s use. You can expect us to continue to use XRP for incentives to market makers who offer tighter spreads for payments and selling XRP to institutional investors.
>We’ll then return whatever is unused at the end of each month to the back of the escrow rotation. For example, if 500M XRP remain unspent at the end of the first month, those 500M XRP will be placed into a new escrow account set to expire in month 55. For comparison, Ripple has sold on average 300M XRP per month for the past 18 months.
>What about Jed McCaleb huge stack?
https://ledger.exposed/
>Doesn't Ripple control the majority of XRP ledger's validators?
Pic rel

>>23672016
You fucking dumbass, that's exactly why they will use it... so tired of hearing this argument. We're literally talking about how they are already bringing about the great reset. You really thing their main concern is decentralization of power??????

'XrP iS a CeNtRaLiZeD sHiTcOiN'

>>23370282
>XRP is controlled by a very limited number of validators - effectively, centralised.
Good to know that BTC and ETH are centralised then ...

>you are arguing on a public forum that banks and central banks want a decentralised/permissionless
decentralised =/= permissionless

>>23330962
>what's misleading?

>slow
4 seconds, sub-penny fees, can actually scale

>32 thousand missing blocks
"January of 2013, a bug in the Ripple server caused ledger headers to be lost. All data from all running Ripple servers was collected, but it was insufficient to construct the ledgers. The raw transactions still survive, mixed with other transactions and with no information about which transaction went in which ledger. Without the ledger headers, there’s no easy way to reconstruct the ledgers. You need to know the hash of ledger N-1 to build ledger N, which complicates things."
>Jan 2013
>xrpl still in early develoment
It's irrelevant...
An interesting innovation is the invariant checking, that add an additional layer of security by insuring that each critical variable is coherent before any ledger close
https://xrpl.org/invariant-checking.html
xrpl/fba seems to be less prone to failure that the other systems
but I listen if you have something to add

>permissioned garbage
Anybody can have a node, with its own trusted UNL, therefore the control of ripple is diluted over time.
https://xrpl.org/run-rippled-as-a-validator.html
https://ripple.com/insights/the-inherently-decentralized-nature-of-xrp-ledger/

>>23241659
now you are just being silly.
>hasnt heard of a 51% attack

>>22792236
https://xrpcharts.ripple.com/#/topology
884 nodes
more xrpl usage with time equal more decentralisation
https://ripple.com/insights/the-inherently-decentralized-nature-of-xrp-ledger/

>>21807475
anyone whose bullish on BTC is chinese communist. those are the only people who benefit from bitcoin now

>>21773620
>>21774085
>XRP is centralized
>XRP is scalable
its the opposite

>>20265070
>It’s not decentralized
dead wrong on just your 2nd sentence. try again

>>17099997

>>16481333

>>16401462
>centralized
there's that meme again
XRP is actually more decentralized than bitcoin.

>>11899884
Let me help you with that.