Post
Topic
Board Altcoin Discussion
Re: Could Dogecoin Hit $2 ?
by
broken_pixel
on 28/01/2014, 00:26:37 UTC
Quote

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

Ripple is different as they didn't want to do bitcoin style mining that is basically just a huge waste of power.  But they do run a giveaway through BOINC/World Community Grid.  So you can exchange compute power for XRP.  See: https://www.computingforgood.org/

Ripple XRP is also a centralized, closed source code with open source atributes, like Apples OSX. It is not a decentralized payment system if it is owned and controlled by CEOs.