Post
Topic
Board Service Discussion
Re: Why Ripple™ is against everything Bitcoin
by
SGExodus
on 16/05/2013, 09:49:19 UTC
Open can mean many things. For example all transactions on ripple are publicly available. I'd call that open. You probably want a full open source stack including server software. This is announced, but wasting time of jk here on the forum won't help getting this published faster.

Ripple is already more open than any bank or bitcoin exchange I know of while still (depending on your gateway) being as safe. That alone is a great feature. I agree that an open source server would be great, I am willing to wait though and I trust JoelKatz more in that regard than you.

How many XRPs did Ripple bribe you to post such poor defense.

This is the exact words on Ripple website: "Ripple is an open source peer-to-peer payment system. Ripple lets you easily, cheaply, and safely send money over the Internet to anyone, anywhere in the world. Because Ripple is P2P software, no individual, corporation, or government controls Ripple. Anyone can create a Ripple account. The Ripple network operates through the combined efforts of the copies of the Ripple software that are running all over the world."

What's so open about Ripple at the moment?   Can you elaborate on the algorithm they used to premined the 100 billion XRP?