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/biz/ - Business & Finance

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5599431 No.5599431 [Reply] [Original]

Ripple will literally become #2 within an hour. Why aren't you all in?

>> No.5599830
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5599830

-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's 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. The company is always working on creating new partnerships and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like 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, more keep joining.


-The software is open-source (Stellar was a fork of Ripple).

>> No.5600276

>>5599830
nice pajeet

>> No.5600322

>>5599431
can I ask something?

what makes everyone so sure it will be on Coinbase? They released their framework for adding new coins and Ripple does not meet the criteria.

>> No.5600341

>>5599431
the Ripple company has 55 billion tokens and will dump 1 billion per month on the market.

>> No.5600356

>>5599830
Literally none of that is true lol

>> No.5600681

>>5600322

Cuckbase doesn't matter

only thing that matters is if it will go up

which is an obvious yes

>> No.5600745

>>5600356

Why don't you refute one of them.

not like I give a shit I was in this garbage at 20 cents

>> No.5600923

I bought at ~80 Cents.