/biz/ - Business & Finance

Be ready.

>xrp/trx/xlm portfolio all in green

das it mane

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. 10s 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).

>>5700759
False.

>>5700701
Obviously.

>>5700701
How so?

>>5700701
Sold my bag yesterday for ada. If theres any chance this is big plan of banks trying to take over, im not gonna in and help it.

>>5701606
Good.

https://ripple.com/dev-blog/decentralization-strategy-update/

>>5700701
>normies buy ripple at ATH after a 3000% moon mission.
>they start making threads about moon missions
premium zozzle

stupid coin

owned by the fucking banks

dump this

>>5701961

>bet against the house

How about no, Scott.

>>5700800
take profits...cash out some of it

>>5701961
>he hates money SO much, that he makes every excuse possible to avoid gainz

Oy vey.

>>5702858
>>5702858
the consensus of the /biz/ experience

>>5700701
Ripple is a scam. Unless you got in at sub $1 dont fomo in.

It wont be added to coinbase either.
https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp

Buy XLM

dont buy XRP big scamcoin

>>5703809
Sanjeev pls.

>>5700701
Our moon mission will be a steady course of ever increasing altitudes. We are a professional coin that looks to demonstrate its ablility as a long term asset that many generations from now still use. Your children’s children will recieve their payroll checks in Ripple. Accumulate now if your even remotely concerned with ending your relationship with poverty.

bought

>>5703516

hahaha the first coin which truly understands how to take over the world.

When these idiots start talking shit you know it's time to buy in.

Buying in now.