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Type of review

Revainrating 5 out of 5

Xrp leading payment network of cryptocurrencies

Ripple is known as a cryptocurrency that builds a payment and transaction system based on a database developed by the ripple company. Ripple's main goal is to connect banks, payment providers and digital asset exchanges, enabling faster global payments and cost savings. Ripple has built its own networks including Xrp ledger, Ripple net, Xrapid, Xcurrent.

Pros
  • Build own network to support payments for banks
  • Good transaction speed and security mechanism suitable for international payment
  • Trade on the largest exchanges
Cons
  • practical applicability is not high although many banks have adopted the Ripple network, it needs more time to be able to compete with traditional rivals.

Revainrating 3 out of 5

Review on Ripple.

Ripple seems to be a currency that is in fact the future. While there is still some debate around this, it can be argued that the situation is much better now than it was several months ago. Basically, Ripple is keeping all his guns, while the downside is slowly starting to go away. As such, Ripple has the potential to be a good investment, though it is highly advisable to do your own research before making a final decision or taking any real action.

Pros
  • They sell Ripples directly to banks and other institutions.
  • Allow you to exchange into/from Bitcoin and other cryptocurrencies.
  • Low price and decent stability.
Cons
  • Regulatory uncertainty and controversy.

Revainrating 4 out of 5

Xrp crypto currency, new payment method that supports banks

The Ripple project is considered to be the 3rd largest project in the cryptocurrency market, owns a large amount of capital and is invested by many well-known organizations and banks. B-series capital and is valued at $ 10 billion becoming the leading company in the Blockchain industry Xrp supports banks in payment because of its fast transaction speed.

Pros
  • Owning a large market capitalization and fast transaction speed compared to competitors
  • Private investors can own Ripple shares via Xrp coin which is a significant advantage compared to other competing payment competitors.
  • Accepted at banks and protected by large financial funds and US law
Cons
  • Xrp has not been widely used because it is a new method that takes time for people to accept

Revainrating 4 out of 5

Ripple is payment support platform for banks and Bitcoin

Ripple is the leading cryptocurrency by market capitalization after Btc and ETH. It has a total supply of 99 billion and circulation of more than 43 billion, it has been listed and traded on all major exchanges. Riple was built by open coin company consisting of experienced leaders in the market as well as know how Bitcoin works. The goal of the riple is to support Bitcoin coins or currencies to be transferred seamlessly Riple is also involved by many large organizations and banks and invests…

Pros
  • fast transaction processing speed with low fees
  • The platform is supported and used by many major banks
  • Supported by exchanges
Cons
  • As a payment support platform for banks, xrp needs to seek the approval of banks otherwise it will not be possible.
  • xrp's decentralization is also a question mark when it is linked to centralized organizations such as banks

Revainrating 4 out of 5

Consensus algorithm.

Ripple's main claim to fame is output through their transactions, but if you dig into their "sensibility algorithms" and architecture, you'll learn that it only manages the conditions necessary for a decentralized network. If you believe you are running a trusted node for a contribution, don't waste your time. First, you will not receive any compensation. Second, you can identify something as unreliable as a network disturbance. Ripple is handling a large number of XRP nodes. Output is…

Pros
  • Promotes CryptoCurrency
  • Fast Transaction Times
  • Low Transaction Fees
Cons
  • Centralization
  • Lack of crypto-innovation

Revainrating 3 out of 5

A real-time gross settlement system.

I feel that Ripple is a bit of a big business manipulator for crypto currency control. They have Ripple, you have Bitcoin. They want bitcoin to make money and control the market. However, they do not want to pay the market price of Bitcoin. So how perfect. You trade your bitcoins for XRP to them, and in the end XRP is spread at a low price and serious. They now have all the bitcoins and you have a ripple that is not too expensive. I have some XRPs but I am not the same as everyone else. Just…

Pros
  • It is afordable and will tend to be a more stable value wise coin, since there are so many available and the owners have banked a way more than 50% of the total amount of coins.
  • Due to the expected stability, XRP will be used more and more as a medium of transactions, with large companies like Amazon considering the use of XRP as a medium of purchase.
  • Transaction faster than other coins, then resumed when Bitcoin traded faster. So time will tell if this will be true.
Cons
  • XRP is heavily supported by large businesses and banks. So the price is low enough to afford it but not high enough to make a ton of money unless you already make a big investment.

Revainrating 4 out of 5

Review on XRP by Vikrant Nigam

Ripple’s original and intellectual authors are Arthur Britto, David Schwartz, and Ryan Fugger. They formed the Ripple Company in 2012 and came up with the initial release. The latest version or release was on February 20th, 2018. Ripple is a project based on small free software that pursues the development of a credit system based on the end-to-end paradigm. Each Ripple node functions as a local exchange system, in such a way that the entire network forms a decentralized mutual bank

Pros
  • Ripple Boasts of a well-structured infrastructure
  • Great Partnerships and Better Investors
  • Stability and price factor
Cons
  • The absence of Real World utilization
  • A Regulation Headache and ‘Centralized System’ controversy

Revainrating 4 out of 5

Ripple Easy global payments.

So, whether you want to invest in Ripple or not, blockchain adoption is worth watching. Ripple is a much less legitimate competitor to the old watchdog financial system and can play a big role in how it moves money around the planet. There are few practical applications for use by an average person on an XRP token. However, when you look at Ripple (XRP) through the lens of the global payment industry, it's a traditional anti-high-tech David vs the established Goliath.

Pros
  • Ledger is an open-source product.
  • Easy global payments.
  • It provides source liquidity to lenders, market makers and banks.
  • It has shown that is can handle a tremendous amount of transactions per second.
Cons
  • Success ultimately depends on the number of partners, how many people use Ripple's products, and how effective XRP is.

Revainrating 4 out of 5

Bank cryptocurrency

So far it is one of the most successful projects in its implementation in terms of financial institutions, allowing to reduce costs, in addition to making snapshots of the transaction regardless of physical barriers allowing to take bank benefits at a low cost It currently has considerable use cases but not in financial institutions as its value was established. Its main value is the ease of use of payments worldwide, In general on the web you can find multiple criticisms and mostly negative,

Pros
  • Price reduction in currency exchanges as well as speed in transactions.
  • It has worldwide recognized partners.
  • It is possible to avoid international restrictions for payments to suppliers.  
Cons
  • Problems related to its actual implementation.
  • Many people criticize the current centralization of the project.
  • In the network you can find many criticisms disqualifying XRP.  

Revainrating 3 out of 5

A lower cost payment system

Ripple with a considerable trajectory even beyond that of bitcoin was taken into account to create a system in which people were not subject to the barriers and limits of the traditional banking system and all its tools such as credit cards, debit cards, Banking operations and Paypal-type purses, which have a lot of requirements limiting their access and charge high fees per transaction. Due to its consensus system, payment settlement is almost immediate and with lower transaction costs, in…

Pros
  • Great track record in the crypto market
  • Fast and lower cost transactions
  • Open Source Digital Asset
  • Available on most existing exchanges
  • The XRP serves as a protection measure against network spam.
  • The Ledger XRP system does not require mining and the consensus process does not require multiple immutability confirmations
  • Able to settle a payment in just three and a half seconds
  • The Ledger XRP allows users to name their transactions with any currency they prefer, including fiat currencies, digital currencies and other forms of value, in addition to XRP
  • The XRP ledger records in itself database, transaction log, balance and offers to negotiate assets
  • The Ledger XRP allows multiple conflicting transactions to be in an agreed group
Cons
  • XRP can be destroyed by transaction costs since XRP is slightly deflationary by nature
  • The relationship with the bank is seen with doubts by many users, since they doubt their decentralization and independence as currency.

Revainrating 4 out of 5

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! I guess XRP is screwed in…

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.

Revainrating 5 out of 5

Introduction to the XRP project

Ripple or XRP is a digital currency solution for banking payment that replaces the traditional slow and expensive methods of intermediaries through many steps. The ecosystem of XRP is extremely rich with Xcurent, Xrapid,Xvia Established in 2004, Xrp was developed as a centralized protocol and payment solution for banks in 2012. It can be said that xrp is the largest payment coin in the space and has practical applications XRP is currently being delivered on the largest exchanges

Pros
  • Price stability is fast, low cost transactions, and many international banks are suitable for payment
  • Available on the largest exchanges, large volumes, users can easily buy xrp with other cryptocurrencies or fiat.
Cons
  • Hope XRP will soon link banks in areas other than the US and some places

Revainrating 4 out of 5

Ripple (or more precisely XRP) is the cryptocurrency of banks

Ripple’s goal is to lower costs, but also the speed of international transactions. Currently international bank transfers take around 3 to 6 days and there remains a real lack of transparency on transaction fees and the status of the transfer. The Ripple token is a simple exchange medium on the Ripplenet platform. Ripple competes with Swift, which manages the communication of standardized financial exchanges from more than 11,000 organizations. Swift does not carry out transactions, but…

Pros
  • Brad Garlinghouse, Managing Director of Ripple. Said “We are in a solid financial position to realize our vision. While others in the blockchain space have slowed down or even closed, we have accelerated our momentum and industry leadership throughout 2019, ”
  • Ripple offers a very effective solution to accelerate interbank transactions, which can now be completed in 2 to 5 seconds.
  • Ripple est plus sécurisé que Swift et permet de réduire considérablement les commissions des transactions internationales.
  • Right now, very few of us are content to just trade in cryptocurrencies. We are still banked and we all have an interest in seeing Ripple gain ground with the banks to take advantage of this solution.
  • Ripple is a currency that is not very volatile because it is centralized.
Cons
  • Ripple is strengthening the position of banks, providing them with efficient blockchain technology in response to the decentralized cryptocurrency ecosystem. Tokens are pre-mined, so there is no possible reward mechanism for those who wish to participate in network security.
  • Ripple is fully centralized, since its foundation controls the marketing of tokens and owns most of it. Its mode of governance departs completely from the libertarian ideal of cryptocurrency.
  • The XRP token is still very little used, despite the development of the Ripplenet. It is therefore complicated to envisage a significant increase in its value as long as priority continues to be given to exchanges in fiat currency.

Revainrating 3 out of 5

My review of the Ripple protocol / XRP

Today i want to tell you something about the Ripple project and its technology: General informations: XRP was established in 2012, so its one of the oldest crypto currencies of the world. Its not decentralized and not minable, so the full control of this currency always will belong to Ripple. XRP describes itseld as follows: Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.…

Pros
  • Fast transactions.
  • Very small transaction fees.
  • More scalable than other cryptocurrencies
Cons
  • Usecase of XRP still not clear, banks who uses the ripple protocol don't need to use XRP.
  • No decentralized coin, has nothing to do with the vision of a free world wide digital money

Revainrating 5 out of 5

XRP is the new unicorn in the Blockchain industry

Ripple is the 3rd largest capitalized Blockchain project in the market, one of the newest unicorn start-up companies in the cryptocurrency market. XRP is the project's coin created to facilitate interbank payment, security and fast transactions The XRP team is composed of many people with experience in the space, having worked in leading Blockchain companies

Pros
  • fast and convenient transactions with low fees
  • Very large trading volume, good liquidity are listed on many famous exchanges like Binance
  • XRP has been accepted at many major banks as a means of cross-border payment
Cons
  • The only downside to XRP is probably the Fomo pump dump phase. It has caused XRP to lose many investors, possibly due to speculation

Revainrating 4 out of 5

Ripple project.

One of the main features of the Ripple cryptocurrency is that you can’t use mining because developers just delete this possibility. A third of the created coins were released to the market and distributed for active traders and other coins remained by the developers. An alternative of Ripple blockchain is gateways, the operation of which depends on the company's servers around the world. Ripple develop through collaboration with banks. The more successful contracts, the higher the…

Pros
  • Alternative blockchain (gateways, the operation of which depends on the company's servers around the world)
  • Very high capitalization on the crypto market.
Cons
  • This project is centralized.

Revainrating 4 out of 5

This is XRP!

Most crypto enthusiasts are not enthusiastic about XRP as they perceive this asset as centralized and opposite to the initial idea of cryptocurrencies. I don't think that such things matter. For centuries there were a lot of things that are centralized and opposed to other ideas. If we look at XRP as a means to improve banks rather than to worsen cryptocurrencies we can find this project quite nice. Nevertheless, I can't say that this project is so great.

Pros
  • Excellent infrastructure (fast and cheap transactions, etc)
  • Good partnerships
  • High market cap and relatively low volatility
Cons
  • Centralization
  • Market manipulation controversy
  • Not used in real life

Revainrating 3 out of 5

XRP - A promising cryptocurrency for world finance

XRP is one of the most popular cryptocurrency with many innovative functions. It is concerned by a wide range of communities, banks, ventures and governments. The transactions happen on this blockchain very fast and securely. However, its aims to become a global means of payment may be very struggling as it is a centralized cryptocurrency and its price is not stable enough which causing risks for the holders. In my opinion, it act better as a good investment for the future and time has proven…

Pros
  • Its technologies allow XRP itself achieve the goal of scalability. In the future, it can handle 1500 transactions per second, which is much higher than what its current competitor has offered
  • XRP has been listed on various exhchange, including the biggest exchanges at the time of writing such as Binance, Huobi or Kucoin. Being traded on these exchanges, its volume ensure the liquidity is healthy and less likely to be manipulated.
  • Ripple has established partnership with many big banks to bring mass adoption to blockchain industry. Standard Chartered, Bank of Indonesia, Bank of Thailand or Western Union is one of the most remarkable banks that join with XRP to enhance the quality of their services
  • The community of this coin is supper huge. They are the main factor who have brought XRP to the third place on the cryptocurrency map at the time of writing
  • XRP has received massive funds from big investors around the worlds which means it is a good investment opportunity
  • Transaction time and fee is outstandingly low
  • Its security is protected by the implementation of a complex consensus to prevent any possibility of double-spending attack
Cons
  • The centralized system of XRP is a controversial topic, as it is under the control of many companies and banks. Once some new cryptocurrenies with the similar of better and truly decentralized emerge, may be it will be dethroned its position right now.
  • To become a means for payment, XRP is required to be stable in price but it has performed more like an fluctuating investment and this is not preferred when it comes to business.
  • The partnership between Ripple and banks seem to be more beneficial to the banks as they are adopting the technologies to build their own blockchain. By that said, the future of this partnership is unpredictable

Revainrating 4 out of 5

Finally, buy or not? This depends on your philosophy and market. The union of…

Finally, buy or not? This depends on your philosophy and market. The union of banks and financial services companies such as American Express with the XRP currency will be the foundation of the future.

Pros
  • XRP known as Ripple, is a product of Ripple Labs in 2012. Ripple has always been focused on solutions for businesses and banks. The xRapid solution allows you to settle the XRP / USD, XRP / JPY and other national currencies quickly. The ledger that runs XRP is extremely efficient, if we compare with bitcoin we see a huge difference in capacity. There are several portfolios that support the XRP token.
Cons
  • The worrying point is the centralization of both the tokens and the system itself, although Ripple Labs has created some solutions yet is not enough for the system to be minimally autonomous of the company.

Revainrating 1 out of 5

First Ripple the company needs to do well. Since XRP is centralized, if Ripple…

First Ripple the company needs to do well. Since XRP is centralized, if Ripple dies so too does XRP. Next Ripple needs to sign up 100x as many banks and financial institutions on xCurrent to become as big as SWIFT at sending payments internationally. Then the banks need to start using xRapid and settling transactions with XRP. In this process, SWIFT, a 45 year old group that has been evolving with technology over that time, needs to fail to offer a competitive product to Ripple and lose their…

Pros
  • Accepted by banks, Potencial
Cons
  • HUGE IMPLICATIONS, XRP is not disruptive technology, XRP is not the currency of the futur, XRP is not decentralized, VERY RISKY