Post
Topic
Board Altcoin Discussion
Re: HELP: have some difficulties to fully understand Ripple...
by
Alex Zee
on 06/05/2013, 11:12:33 UTC
Seems to me Ripple's greatest weakness is it can be so easily forked.

They do have a hefty head start and other advantages. And they rely on a simple fact that once the system is working well, it's much better to join and reap the benefits, rather than compete.


They count on several bunches of non-colluding validators to cooperate to process the transactions, in the real world things never work that way...

What about SWIFT? Several bunches of non-colluding banks in different countries cooperate to process transactions Smiley