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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 93 KB, 1280x720, jasonparser.jpg [View same] [iqdb] [saucenao] [google]
7021555 No.7021555 [Reply] [Original]

Hello "investors" , it's me the infamous Jason Parser.
Did you really think that some fat and unattractive neets could really become rich from the labour of smartcontracts.com?
Did the stinkies linkies thought they could live rent free from the technology developed sergay "big Mac" nazarov?
I have shadow forked your project not once, twice but 9001 times through 6 VPN which one was located in Angola'S chamber of agriculture main cabinet.
You are nothing against me or the ripple.
Even Congo prime minister Ian Ballina has sold his link bags and bought one of mine shadow forks (it was Disney's private mickey link)
Ripples has won. Surrender your linkies and tendies.
This is your last warning.

Your's truly,
Jason Parser

>> No.7021626

Stop your shit now and just buy BZC

>> No.7021687
File: 573 KB, 1024x409, my_new_tat.png [View same] [iqdb] [saucenao] [google]
7021687

>>7021626
How dare you to obstruct me, you infidel?
We are shadow forkers.
We are many
We never forget
We will fork

>> No.7022238
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
7022238

[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)