Viewing profile — JoelKatz

This kind of "pseudo-centralized" is decentralized. When the "central authority" gets all of its power from individual participants who choose to follow it, and those participants …

I'd be interested in a post mortem on the fork as well. During the split, either one side has a supermajority or neither side does. If one side has a supermajority, that side will …

There are people who want to promote it that way, but that doesn't include the people who designed and built it. Check out http://ripple.com/

It is positioned to compete with other payment systems. As for scalability, it uses data structures specifically designed for rapid synchronization. But you're absolutely right tha…

It's not cheap to make sibyls because you have to get people to trust you and there's no easy way to do that. There are simple ways to gather lists of likely independent servers. F…

Those are about Ryan Fugger's Ripple, not the new Ripple. The new Ripple does include the peer-to-peer credit of the original Ripple. But there are major differences. For example, …

You're looking at Ripple as if it were a currency rather than as what it is, a payment system.

There will be giveaways of tens of billions of ripples. By the time the giveaways end, there should be a plentiful supply.