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Well, the use case for Bitcoin is decentralized, censorship resistant, electronic transactions. Ripple is run using a different consensus algorithm, and is eff
by stale2002 9y ago
Well, the use case for Bitcoin is decentralized, censorship resistant, electronic transactions.
Ripple is run using a different consensus algorithm, and is effectively managed by a central authority.
The point of Bitcoin has very little to do with speeding up transactions, all though this isn't a negative.
The point is sending transactions that are very difficult to censor. And yes, it does a very good job of this as there are a whole lot of transactions that governments would love to censor, but they AREN'T being censored, right now.