Quote from: cryptorTUX on June 03, 2018, 05:44:08 PM

Quote from: gurumohan_crypto on June 03, 2018, 05:41:11 PM

In my opinion Ripple is risky coin to invest in cryptocurrency market, its owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.

Trust me mate this is not the number one issue and problem that we can have with ripple. A side from them owing a lot of coins the main issue in my mind comes as a result of their blockchain not being decentralized because their blockchain is centralized. Which reflects that we must trust the central authority on their blockchain. Why go for something like this? When you have bitcoin and many others out there where anybody can take part in mining or any other small game they have in order to validate the transactions. I don't know either why people seem to trust ripple much but we see that they do by it's price.

Indeed, Ripple does not decentralize anything and guess what - most banks are using the technology of Ripple.... that's one of the players why we even started with this whole decentralization.