Live data from Hacker News

Ripple Slides After Coinbase Says Not Adding New Crypto Coins

bloomberg.com

71–75 of 75 posts

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#72
post #58
post #55

Earlier quoted context omitted.

What about Ripple goes against their current Framework? Don't know much about Ripple...

To name a few: * "1.1.4 Decentralization" Ripple controls what nodes are used on their network (validators). Can you run a validator? Sure, but note that Ripple, and thus the network, aren't going to use it anyway [validator]: > At present, Ripple (the company) cannot recommend any validators aside from the 5 core validators run by Ripple As I mentioned in another comment tree, this is a distributed network, not a de…

hi, do you have an email or twitter I can reach you at?

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#73
post #25

Earlier quoted context omitted.

I am always wondering about people saying this. XRP is counterparty-free I have studied their consensus protocol and it is indeed decentralized. We are planning to use some of the ideas from it in our network. As for founders having 20% of a startup company, that's common. Look at Mark Zuckerberg for instance. Why does that make them con artists? Bitcoin whales and Satoshi control 40% of bitcoins while over 99% of th…

But the currency is not required for banks to actually use the system? I'd be all over this, but it seems banks are only interested in the Ripple tech, and don't require (a lot of) XRP to operate the Ripple tech.

If you want to see that same tech in action but on a public blockchain, check out Stellar.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#74
post #58
post #55

Earlier quoted context omitted.

What about Ripple goes against their current Framework? Don't know much about Ripple...

To name a few: * "1.1.4 Decentralization" Ripple controls what nodes are used on their network (validators). Can you run a validator? Sure, but note that Ripple, and thus the network, aren't going to use it anyway [validator]: > At present, Ripple (the company) cannot recommend any validators aside from the 5 core validators run by Ripple As I mentioned in another comment tree, this is a distributed network, not a de…

Token Utility: It's really, really fast and the transaction fees are really, really low.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#75
post #70
post #46

Earlier quoted context omitted.

>XRP is counterparty-free You have 100 USD and 100 XRP in your ripple wallet and the gateway you deposited USD to fund your wallet closes shop, you are now left with the bag in the hand and you must trade 'em for another gateway's IOUs, or try to find someone to buy them from you.

Same with BTC

well, I see you don't understand how Bitcoin works.
Post reply on HN