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Strange decision indeed, they could use one of the existing technologies like Ripple or Stellar.
by donquichotte 9y ago
Strange decision indeed, they could use one of the existing technologies like Ripple or Stellar.
- Snackchez 9y agoI might be wrong, but no one other than banks (if that) can use ripple. I'm not clear on stellar.
- __john 9y agonah, anyone can buy Ripple and have a Ripple wallet. Only thing you can't do is mine Ripple.
- romanovcode 9y agoThe problem is that Ripple is bought via Bitcoin. Tinfoil in me says that bank created Ripple just to get easy Bitcoin.
- eitland 9y agoAFAIK Ripple is pre-mined ("minted") and the creator(s) controls >50% of it.
- samat 9y agoWe are talking about people who rolled their own crypto and their own binary protocol for messenger app in 201*, after all.
- eitland 9y agoSo far they've even got away with it. I don't pretend it is secure and listening to HN I've been halfway expecting a huge flaw to show up but so far, -nothing.