Quote from: BrewMaster on December 31, 2017, 04:28:04 PM

Quote from: elloco4ever on December 17, 2017, 09:04:52 PM

There is a lot of accusations that ripple is more of centralized crypto which

these are not accusations, these are facts!

supply is in full control of a small group, the creators behind it which are banks. they control almost all of it but technically they have more than 60% of the supply. that is 60 billion coins * ~$2 = $120 billion
there are not nodes run by peers! which is exact contrast of a decentralized network. instead the nodes are run by Banks and Ripple Labs
here is the best part: Ripple Labs can "freeze" your account aka your funds. they did it with John McCaleb funds who was the co-founder of ripple!

interestng. thanks for sharing.
can you explain to me the specific characteristics that make a coin centralized? Does having mored than 50% of the coins make it so?