IOTA standard soon

[Anonymous No.22046651]

OMG RFC ready.
OMG final spec soon.
ISO RFC soon.

Moon soon.

[Anonymous No.22046833]

Go take your meds

[Anonymous No.22046874]

>>22046651
IOTA too late, from the western empire, USA and Japan are already working with RippleNet,
>Just as Latin america
>South-east asia
>working on India

[Anonymous No.22046880]

>>22046833
don't have to, its reality

[Anonymous No.22046973]

>>22046874
Xrp can gobble a schlong.
> Santander dropping xrp because of lack of adoption.
No one uses your shitcoin.

[Anonymous No.22046981]

>>22046874
why compare ripplenet with iota.
different goals.

read some goddamn docs.

[Anonymous No.22047149]

>>22046973
they might not use XRP, they still use RippleNet with XRP as native token. and as the value of RippleNet grows, liquidity grows which is a demand multiplier
>TX efficiency with RippleNet ~40% +
>TX Eff. With RippleNet and XRP 90-95% +
but banks need a higher value first to massive adopt otherwise they burn too much XRP before it is the standard

[Anonymous No.22047230]

>>22047149
IOTA is technically better than Ripple. No one wants to pay fees to transfer money.

[Anonymous No.22047231]

>>22047149
kek poor guy, you fell for it. the truth of the matter is, the xrp token is not needed.

[Anonymous No.22047295]

>>22047230
the fee of Ripple net is 0.00001
xrp being burnt every TX
>Deflationairy asset
>>22047231
if you have trustlines, yeah right, but I dont think many people have a trustline and it is vaslty superior to use XRP directly
>Banks can indeed use IOU's
>but XRP is the Credit of the system, immediate settlement

[Anonymous No.22047405]

>>22047295
My probably with XRP is:
- Top 10 owns 50%
- XRP is kind of centralized, and I see not how that will be solved
(Yes I know IOTA also is at the moment, but the decentralized version is live, and it will make IOTA really decentralized)
- The more XRP wants to scale, the less decentralized

That are some fundamental issues.
And next to that, low fees are also fees.

Especially when scalability problems will come to surface.

[Anonymous No.22047412]

>>22047295
>> muh ripplenet

kek. stay poor

[Anonymous No.22047427]

>>22047405
My problem with XRP is: ....
arrgh fuckin typo

[Anonymous No.22047569]

>>22047405
>- Top 10 owns 50%
is that;
- counting with or without the escrows of Ripple (Since they technically don't own the escrow, sorta)
- taking in consideration that Exchanges hold alot of XRP and split their wallets to their customers
-Pareto's principle, you'll always have 80% owned by 20%, like it or not

>XRP is kind of centralized, and I see not how that will be solved

well it is now for the partnerships and the centralized lobbying, but keep in mind, if Ripple were to dissapear, XRP and the XRPL ledger would still exist, Ripple isnt the developer of XRP they got donated large amounts as a leap of faith to start the project
>Ripple is actually even shutting down their own validators as more 3rd party validators come online
>If you can code in C++ you can play with Ripple since its opensource

the power of scalability with XRP is on huge parts the efficiency in power use, 57.000% more efficient than BTC for example, it uses way less power since everything has been mined and calculated already, no proof of work.
>With 1500TX/sec opposed to the 8 or 100 of the closest competitors

[Anonymous No.22047681]

>it uses way less power since everything has been mined and calculated already, no proof of work.

you don't have to convince me that BTC (and any mining blockchain) is bad for earth and can't scale.

In that sense I even like XRP, but it the main problem stays: it stays centralized, and is only useful for bank transfers

When coordicide is finished IOTA can do everything what XRP can, just as side effect, because it's main goal is to create layer of trust for the internet (allowing digital identity, feeless smart contracts, feeless micropayments, but also transfering billions at zero costs using colored coins...).

I understand that there are not many technical people here that understand the consequences.

[Anonymous No.22047752]

>>22047681
Ripplenet actually works for tokenizing the economy and bridging other currencies so it would be in the benefits of XRP if there were shitloads of other currencies, but Crypto's are tools, and have different use-cases like any tool
I am just exiced for FLARE and FXRP

Think of payments as a yard of expensive cloth laid out every day to be cut. FLARE/FXRP is your ruler and fabric chalk
XRP is your scissors. You measure out that cut, and then when everything is final, you make the cut/payments are finalized with XRP payments.

Flare and FXRP allows flexibility by putting that cut at stake so it can be held and XRPs skin can be "put in the game" for smart contracts.
Companies then have flexibility to determine how much FXRP is needed, etc for promotions or customer incentives, etc.

[Anonymous No.22047837]

To conclude, XRP is not a DLT.

it's a digital payment system. centralized

[Anonymous No.22047859]

>>22046651
2017 Scam Reloaded and hoping it can lure some more idiots who are new to crypto

[Anonymous No.22047943]

>>22047837
it is a DLT, ODL system
>one of the use cases is remmitance in a Commercial silo, but it can do way more than that

[Anonymous No.22047991]

>>22047859
ffs, why always look at past.

look at now.

[Anonymous No.22048039]

>>22047991
Because IOTA is bad for blockchain and they want to make money off staking and mining.
That's why they FUD IOTA 24/7. Simple.

[Anonymous No.22048049]

>>22047991
Global superpower 2021

Don't look at designated shitting streets, look at now

[Anonymous No.22048130]

>>22048039
the people who say IOTA is bad for blockchain but then scream why high gas fees/tx fees is hilarious

[Anonymous No.22048159]

>>22048130
True, kek. Well just gotta see how it all unfolds in a few years. That's when the crypto space will get interesting. We literally still have nothing.

[Anonymous No.22048198]

>>22048130
Seriously look at ETH now (BTC is too obvious).

It has real big problems. just by minor utilization. How can ETH2 fix this? It cannot.

The design is flawed. That's why you need things like IOTA or maybe AVA (IOTA clone with some variations).

Scalability must be done on the first layer. Otherwise you have huge problems with any form of adoption.

[Anonymous No.22048478]

>>22048159
this is true. adoption is just starting. obvious flaws of most platforms will become visible soon.

[Anonymous No.22049046]

>>22048049
wat moet je