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I think Ripple is a another good idea. They are put down because I think they control their blockchain, but it really applies the blockchain technology. Maybe t
by amalag 13y ago
I think Ripple is a another good idea. They are put down because I think they control their blockchain, but it really applies the blockchain technology. Maybe they are looking to be acquired, but I think it is useful.
- DennisP 13y agoRipple doesn't actually use a blockchain, as I understand it. They use another consensus mechanism based on asking peers you trust for data. I like Ripple's general idea but I'm not convinced they've actually come up with another solution to distributed consensus. So far they're sticking with a master list of trustworthy peers, which suggests they're not convinced either. Bitcoin's colored coins might accomplish similar objectives though.