Got any more left, please feel free to bring it on ?
Well, you just ignore the most important part ... the one this thread is about: Ripple is not decentralized.
All you do is bring up other points "Oh they got millions from venture funds". How does this even matter? Venture funds have a failure rate of 99.5% - sounds to me more like a guarantee that it will go bust. And they
get scammed all the time.
some day, BTC will need a different transport, once the unconfirmed TX chokes and guess which is best to transport assets including BTC ? You guessed it - Ripple.
Haha, in no possible future scenario will Bitcoin pick up Ripple as their tech for transactions. You're delusional.
Soon Japanese shops will want to accept BTC just as easily as visa and mastercard JPY payments... and cut on hours of confirmation time .... again Guess what back end will be able to deliver settlement from POS to their account in real time...
yes again - Ripple ....
Ever heard of the Lightning Network?
I just can't believe the amount of FUD in here... honestly ?
It's not FUD if it's certain and without doubt: Ripple is not a crypto currency. It betrays the ideals we are fighting for. It's a bank coin for Christ's sake! And the title of this topic is a total lie.
first of all,
I have not ignored the point about decentralization. If many companies, universities, people and third parties run validators and ripple cannot "undo" transactions, that is the heart and core of decentralization. "lack of single person being able to modify the ledger" So what am i missing here ?
what else do you fancy as decentralization ? going buzurk, letting all control to curious hands and letting Chinese mining gangs take over ?
its called responsible decentralization by "vetting" platforms. its latest .. its better .. go figure...
Second, "the lightning" network does not have partners, you cannot disburse and "settle" funds into accounts "directly"... whatever lightning it has stops at a exchange or gateway.. and then ti has to "begg" some bank to settle fiat into someones account ...
stellar/lightening -whatever - its fraud founder Jed's name is enough to put off any conversation on the table, lest alone a deal...
No body in western banking wants to deal with stellar or any fancy name that comes, if it has any association with Jed, his fraud girlfriend or the whole gang...
Whereas, lets see with ripple you can "actually" settle fiat money - right in the bank account - in 5 seconds end-to-end.... because they have already 105 partner banks who directly settle on ripple nodes in 24 countriesWhat are you talking about ? a tech is not everything, after tech there is regulatory approvals, clearances, licenses and registration, and then there is a whole ball game of getting banks together for good, as banks are known to be notoriously hard in relinquishing control...
but reform must include them, and they shoudl be convinced to accept a decentralized ledger. Ripple took this hard route and achieved success... while every alt coin out there pretended virtual world is everything...
I don't care if you have different philosophies, i did not come to your thread to do "mud slinging" without any backing.... "You " Came here & wrote things without "any" backing...