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With $16bn in cryptocurrency, Ripple attempts a reset

21 points by pavanyara 6y ago

SkyMarshal 6y ago
Paywalled, anyone have text?
- mikexstudios 6y ago
  Search the title and click through to the article. Seems to work for me.
- artemisart 6y ago
  Can't read it either but this seems to be a copy: https://technocodex.com/with-16bn-in-cryptocurrency-ripple-attempts-a-reset/ https://technocodex.com/with-16bn-in-cryptocurrency-ripple-a...
sharkmerry 6y ago
I cant read it but here is CEO of Ripple's response. https://twitter.com/bgarlinghouse/status/1294047057787797504 https://twitter.com/bgarlinghouse/status/1294047057787797504
Proven 6y ago
Ripple is junk, there's nothing to reset. That thing doesn't even have a proper blockchain. Anyone could run a service that works just like it out of a cloud hosted DB (or on Github, with transactions submitted in the form of commits).
- Canada 6y ago
  I'm vouching this comment. I've run a lot of cryptocurrency stuff, and in my opinion XRP nodes aren't worth the trouble to run. Because the consensus is decided by a validator under the control of the Ripple company there's really no point. Instead you just connect to one of their nodes and use it like any centralized service. In my view XRP is distributed but not really decentralized. It's sort of like DNS: Here's the list of nodes that you just blindly trust. Ripple the company can't seize your XRP holdings but they can freeze them and if they stop running their special nodes the whole system dies.
vugffuivuf 6y ago
Ripple is hilarious. Should listen to the CEO talk bullshit about the project. It's basically PayPal with a gambling token. The extent they'll distort the truth will make your head spin. I think the CEO deserves a lot of credit for his ability to mislead with a straight face. It definitely has helped the project and the price of the token
greys 6y ago
Was useful to read, tnx. I'm working on my bitcoin business development right now. It's not so easy but I found bitcoin advertaising network at https://bitmedia.io/ https://bitmedia.io/ where I can create my ads campaign to get more target audience. It has the most relevant crypto audience for blockchain businesses. Hope with its help I'll let my audience get to know my new project at its best.

21 points by pavanyara 6y ago

SkyMarshal 6y ago

Paywalled, anyone have text?

mikexstudios 6y ago
Search the title and click through to the article. Seems to work for me.
artemisart 6y ago
Can't read it either but this seems to be a copy: https://technocodex.com/with-16bn-in-cryptocurrency-ripple-attempts-a-reset/ https://technocodex.com/with-16bn-in-cryptocurrency-ripple-a...

sharkmerry 6y ago

I cant read it but here is CEO of Ripple's response. https://twitter.com/bgarlinghouse/status/1294047057787797504 https://twitter.com/bgarlinghouse/status/1294047057787797504

Proven 6y ago

Ripple is junk, there's nothing to reset. That thing doesn't even have a proper blockchain. Anyone could run a service that works just like it out of a cloud hosted DB (or on Github, with transactions submitted in the form of commits).

Canada 6y ago
I'm vouching this comment. I've run a lot of cryptocurrency stuff, and in my opinion XRP nodes aren't worth the trouble to run. Because the consensus is decided by a validator under the control of the Ripple company there's really no point. Instead you just connect to one of their nodes and use it like any centralized service. In my view XRP is distributed but not really decentralized. It's sort of like DNS: Here's the list of nodes that you just blindly trust. Ripple the company can't seize your XRP holdings but they can freeze them and if they stop running their special nodes the whole system dies.

vugffuivuf 6y ago

Ripple is hilarious. Should listen to the CEO talk bullshit about the project. It's basically PayPal with a gambling token. The extent they'll distort the truth will make your head spin. I think the CEO deserves a lot of credit for his ability to mislead with a straight face. It definitely has helped the project and the price of the token

greys 6y ago

Was useful to read, tnx. I'm working on my bitcoin business development right now. It's not so easy but I found bitcoin advertaising network at https://bitmedia.io/ https://bitmedia.io/ where I can create my ads campaign to get more target audience. It has the most relevant crypto audience for blockchain businesses. Hope with its help I'll let my audience get to know my new project at its best.