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Thanks for the link. What I couldn't find out while reading the site: Since it is a decentralized network, who runs the nodes, what's the incentive for doing so

Thanks for the link. What I couldn't find out while reading the site: Since it is a decentralized network, who runs the nodes, what's the incentive for doing so? I suppose running a node will give you their ripple currency, but this information seems to be not visible on their site. Apart from that, it looks like a really interesting project.

mikemoka 14y ago
That is an interesting project indeed but I think the actual solution will not require previous trust among exchangers, because it would render it useless for the majority of potential users in my opinion. There has to be something like an escrow service connected to it though (centralized or distributed) in order to guarantee for the transaction to be completed, do you agree? ps. ripple's website appears to be down..