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7655033 No.7655033 [Reply] [Original]

I don't give a shit about any other coin's theoretical future use case. The ONLY shit that's even stepped onto the fucking gridiron is XRP. Everyone else is doing no pads practice. Every single cent from the entire crypto market cap should be in XRP as of today.

>> No.7655079
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7655079

Preach brother. XRP is single handidly making crypto great again.

>> No.7655095

I went in AGAIN but I swear if this is another PnD then fuck this shit

>> No.7655096

I hope this shit goes 10000 then even my measly neetbux i put in will make me set for life

>> No.7655110

>>7655033
FUN also has a few irons in the fire

>> No.7655155
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7655155

>>7655033
God bless those dubs

>> No.7655235
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7655235

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

>> No.7655324
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7655324

>>7655096
>I hope this shit goes 10000 then even my measly neetbux i put in will make me set for life

the delusion of normies

>> No.7655341

>buying an unregistered security ever even once

Enjoy prison