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Porto Alegre
2 Level
56 Review
129 Karma

Review on XRP by Sauhan Silva

Revainrating 4 out of 5

XRP

Ripple was designed to solve a clear problem in the market: the slow speeds and high fees associated with traditional financial transactions.
This clear focus positions Ripple strongly within the market.
That said, Ripple has a strong agenda of cooperating with mainstream banks. While this cooperation may help to speed Ripple adoption, it also means that Ripple is likely to face especially high levels of regulation. High regulation is a negative factor from a market perspective.

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Pros
  • Stability and price factor
  • Ripple Boasts of a well-structured infrastructure
Cons
  • The absence of Real World utilization

Comments (1)

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April 20, 2020
Although XRP faces resistance because it is a non-decentralized project, I see potential in its network.

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