Post
Topic
Board Altcoin Discussion
Re: Ripple.com - How does consensus work?
by
nikb
on 12/10/2013, 21:09:21 UTC
Any newbies understand how consensus works on Ripple.com?

The answer contains just 3 words:

Ripple. Is. Centralized.

I don't think that the word "centralized" means what you think it means.

Fiat centralized. Paypal centralized. Ripple centralized. Do I get the word "centralized" correctly enough?

No - try harder. The facts are that Ripple is a distributed payment network. With that established, what, specifically, about it is centralized in your opinion?