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Review on XRP by Geoffrey Sari

Revainrating 1 out of 5

Because of a huge number of coins being pre-mined by the founding organisationโ€ฆ

Because of a huge number of coins being pre-mined by the founding organisation, this gives a bad reputation for the project itself.
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Since it is also a centralized system, it would have to hold up against the ever increasing new and more innovative decentralized block-chain projects.

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Pros
  • Fast transfers between banks worldwide
Cons
  • - Pre-mined Coins, which gives bad reputation in comparison to other block-chain based projects - Centralized system in comparison to existing block-chain projects which are decentralized

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