Ripple vs Bitcoin: which is more decentralized?

[Anonymous No.5440725]

Bitcoin
-One company has more than 50% of hashpower
-One oppressive country has more than 50% of hashpower
-One company has a natrualy monopoly on ASIC miners


Ripple
-10s of validators from reputable non related public and private organisations (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-At least 80% of validators must agree for a ledger to be validated


Performance?
Ripple can process +1500 per second. A transaction takes at most 3 seconds. Bitcoin? LMAO


Efficiency?
Ripple uses cryptographic signatures, not wasteful mining needed. The transaction cost is not paid to any party: the XRP is irrevocably destroyed. Since no new XRP can ever be created, this makes XRP more scarce and benefits all holders of XRP by making XRP more valuable. The current minimum transaction cost for a standard transaction is 0.00001 XRP.
Which one do you think businesses will choose? Oh forgot to mention, bitcoin is expecting a hardfork/softfork next year and it will probably be contentious. So tell me how much Ripple are you hodling?

[Anonymous No.5440759]

800, dunno if buy more at this point

[Anonymous No.5440764]

>-One company has a natrualy monopoly on ASIC miners


Sorry, it's not natural at all. Bitmain has patent on a sha256 hack and it sued companies that implemented it.

[Anonymous No.5441054]

bump

[Anonymous No.5441700]

bump

[Anonymous No.5442485]

Im holding 5k ripple. Would get more if I had the money for it.

[Anonymous No.5442703]

>>5442485
nice
bought at what price?

[Anonymous No.5442744]

iibm=SWP

[Anonymous No.5442772]

>>5442703
just under a dollar, so not a very good. I just got into crypto after watching from the sidelines for over a year. I tend to be very risk adverse so it took me a while to finally pull the trigger.

[Anonymous No.5442790]

>>5442744
Check em