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True. The whole relationship between Ripple, XRP, and potential other tokens on the same network(?) has always confused me. If someone has a good explanation (o
by black_puppydog 9y ago
True. The whole relationship between Ripple, XRP, and potential other tokens on the same network(?) has always confused me.
If someone has a good explanation (or rather a link to one, I'd be very happy about that.
For example if this test works out, what's to stop MoneyGram from using some other token, cutting out XRP altogether? Or just spin up their own system (think LTC vs BTC)?
- hellogoodbyeeee 9y agoI found this article yesterday and I think it answers part of your question: https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985 https://hackernoon.com/4-alarming-reasons-ripple-might-not-b...
- shepardrtc 9y ago30% reduction in transaction cost if you use XRP over other currencies.
- jerguismi 9y agoThe weird transaction cost in ripple is that you always have to leave 20 XRP to the account. LOL.
- shepardrtc 9y agoThat can change by vote, and they're looking at doing that as the price increases. In the past, XRP was well below $0.01, so it wasn't that big of a deal.