1 Level
3 Review
16 Karma
Review on XRP by Pierino Cattaneo
Decentralization will continue to advance, with additional customersβ¦
Decentralization will continue to advance, with additional customers implementing the technology and XRP, which will greatly enhance the currency's reputation and value.
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Pros
- Ripple solves a problem of the still very slow and expensive money transfer. Ripple is also one of the very few companies and a coin used by real customers - multinational financial institutions and money transfer companies. 2017 was the beginning of over 100 banks using Ripple's technology. Increasingly, the currency XRP will also be used for an even better performance (cost reduction). Further areas of use cases are being developed.
Cons
- Ripple is deliberately bad-mouthed by crypto freaks. Centralisation is criticised just as much as the fact that Ripple has a solution for and not against the banks.
