Review on XRP by Robiul Islam
Global Payments On An Enterprise Grade Blockchain.
XRP lacks sufficient baked in appreciation mechanisms to operate on real demand alone, the speculation is what keeps this boat sailing and there is nothing wrong with that. There are a million reasons why BTC could do very well over 10 years and not all of them play in our favor, just some of them but I am very confident about those few things, they aren't numerous but they aren't unrealistic. Will we outperform BTC? Probably not but if we do we're in great shape!
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I guess XRP is screwed in the US market. But it only applies to the US, there is still the rest of the world but the US is a big chunk of the market.
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Pros
- A well-structured infrastructure.
- Great partnerships and better investors.
- InterLedger protocol instantly confirms transactions.
- Coin supply is actually low considering application.
Cons
- Very centralized blockchain. Many consider Ripple a private blockchain. Using blockchain technology but not in a true decentralized form.
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Comments (2)
January 17, 2020
Agreed! Yes a transaction currently takes about 4 seconds to be processed, If I'm not mistaken. The technology is good and the people behind it are great as well, I cant wait to see how everything plays out.
January 16, 2020
despite considering a decentralized system many doubt it, although with payment system it is very fast and is practically in any Exchange
