Re: Breaking: Ripple to decentralize XRP more then Bitcoin & also do it much Better
Of course there's no mining involved, that would allow this "cryptocurrency" to actually be decentralised. While mining definitely isn't perfect, it sure beats a completely centralised operation like Ripple. Don't the devs own like half of all the Ripple in existence?
I mean sure, maybe Ripple is a useful tool for banks, but it certainly isn't a fucking crpytocurrency and, like banks, there's no reason to trust it.
by dev, if you mean a board of 10+ investing companies ? I mean sure, maybe Ripple is a useful tool for banks, but it certainly isn't a fucking crpytocurrency and, like banks, there's no reason to trust it.
As in the following ?
Because these are the people who hold the XRP, under registered entity XRPII
I just can't believe the amount of FUD in here... honestly ?
anyways : Source : https://ripple.com/company/
and All the XRP held by the founding companies are held strictly under virtual currency license , and not like some onion network scam...
Source : http://www.dfs.ny.gov/about/press/pr1606131.htm
and the company and its operation was audited last year and certified to be in good standing. It will be audited again this year in October.
here :
Source : https://appext20.dos.ny.gov/corp_public
Got any more left, please feel free to bring it on ?