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Type of review

Revainrating 5 out of 5

I believe that Ripple or the xrp coin is a vital cryptocoin in the current…

I believe that Ripple or the xrp coin is a vital cryptocoin in the current market and will continue to not only bring on new big important clients but it will make its way into mainstream transactions and opportunities to help the banking industry across the board. I predict that one day the Ripple coin and the Ripple team will be at the Forefront of the current Swift system used for processing transactions for major Banks. Xrp has to be the future.

Pros
  • Ripple is a fantastic cryptocurrency that some note as actually not a true cryptocurrency. Ripple has the ability to process transactions at a very high speed with no transaction cost. Ripple is very easy to purchase and applications for its use are already mainstream with Partners such as Microsoft MoneyGram and American Express.
Cons
  • The concert rounding Ripple are that it's not a true cryptocurrency because it doesn't have a true decentralized Network like many. Also the fact that the Ripple team holds a massive Reserve position in xrp coin as worried some investors.

Revainrating 1 out of 5

una moneda centralizada es muy fácil de manipular su precio

una moneda centralizada es muy fácil de manipular su precio

Pros
  • es rápida y baja en comisión
Cons
  • es una moneda centralizada manejada por los bancos (por los cuales quieren luchar las criptomonedas), puede revertir transacciones, crear monedas de la nada y crear inflación

Revainrating 1 out of 5

I really dislike that Ripple is compared side-by-side with things like Bitcoin…

I really dislike that Ripple is compared side-by-side with things like Bitcoin, DASH, and Monero, it is so drastically different than the others that I think it's lame to call it a cryptocurrency like those other projects. I've certainly gained plenty of profit by holding Ripple during it's crazy runs, but once I learned how it works at its core, I'll forever pass on holding any Ripple and hope it never gains enough power to hurt true decentralized efforts.

Pros
  • This is a "safe" system for someone who doesn't understand the power of decentralization, or is hesitant about putting faith in something that's not a bank. This is clearly a great improvement over SWIFT or ACH as a may of moving money between banks. The speed of transactions and the meteoric rise of its pumps has certainly attracted a lot of attention. I think this could be a logical first step for places like banks to ease into the decentralized blockchain space without going full tilt into other projects. I could definitely see the appeal of a bank to feel like they've "gotten into cryptos" without really buying into decentralization. The consensus protocol is certainly fast, but it also very problematic and worrisome, at least how it's described in the white paper.
Cons
  • I've always felt like this project was massively misleading, especially since it's so commonly compared to all the other truly decentralized systems. In my mind, this was NEVER a decentralized blockchain currency, just an improvement upon the existing SWIFT and ACH systems. The ripple token isn't even required when doing transfers since all the nodes in the network are just banks...they can just trust each other and transfer any currency they want and never convert it to ripple. The consensus mechanism (Ripple protocol - Byzantine Fault Tolerant) seems so centralized with some very scary vulnerabilities that I very uncomfortable with it. In the interest of allowing transactions to be fast, it will automatically vote-out nodes that don't respond quickly enough...which means nodes could just DOS another node until it's slow to respond, and thus have it kicked out of the consensus altogether! You can also have another node kicked out because it disagrees with enough of the transactions...this means there are multiple methods of attack for malicious nodes to get good actor nodes removed from the consensus mechanism automatically! Besides the blatant lack of centralization, their consensus mechanism is scary as hell

Revainrating 2 out of 5

Greed

Greed

Pros
  • Fast and cheap fees
Cons
  • There are too many, including centralization. They kept 100% of the coins fm the start how does someone get behind that and pay this guy? It’s aim claims to be at banks which makes no sense banks have no upside to using a public token. I’m not gonna pay a bank to put my ripple in their wallet when my wallet is free. This is just all greed

Revainrating 1 out of 5

WHY?

WHY?

Pros
  • fast, low transaction fees, and......fidget spinner as logo?
Cons
  • centralization, 0 conversation around the tech or future adoption of decentralization right from the management, most announcements openly or indirectly meant to raise the price. Banks have very little incentive to use Ripple. For one, why will they use a currency that is also held by people, that automatically kills their business because now they can store and send money through Ripple, no reason for them to go to banks. 2, banks will never use a currency held by a CEO with high volatility and 70% in escrow. No public, declared details of any of Ripple operation has been released, yet people have tracked whale addresses. Lot of manipulation, which is a given provided an uncomfortably high percentage of centrally held coins. Banks will use any other fast currency with scalability that's truly decentralized, or can make one of their own. A lot of banks already use settlement tokens which are very vastly scalable and fast, so there's no reason. Ripple's whole social media schedule is just announcements, perfectly placed throughout the quarter with the assumption of a price rise on their basis, coupled with consistent talk on social media round liquidity and why xrp will be used and why FUd should be cleared up. Plus let's not forget that banking will still remain as inefficient with the same problems and same exorbitant transfer fees. Ripple has no aspirations that align with the rest of the crypto community. It's a TV company trying to revolutionize the radio industry. My question is...

Revainrating 2 out of 5

I would not advise to hold ripple to anyone! You can use it to send or trade.

I would not advise to hold ripple to anyone! You can use it to send or trade.

Pros
  • Its nice to send coins, since it moves fast and at a low cost.
Cons
  • Its too centralised. A bankers Coin. Do not feel like I can trust and also it undermines Blockchains philosophy. The Coin you should invest in if you like currencies to stay similair to the way fiat is.

Revainrating 5 out of 5

In summary, I believe that Ripple adds to BlockChain and it will be a lot to…

In summary, I believe that Ripple adds to BlockChain and it will be a lot to thing.

Pros
  • Ripple is an important company that has reached agreements with the world's leading organizations and has demonstrated a very successful work. As Xtremcoin, I had a great experience in Ripple's infrastructure, technology, stable working system and speed. I think the most important step of BlockChain is systems like Ripple. And without this Ripple it is impossible to talk about next-generation technologies.
Cons
  • No Have Mining.

Revainrating 3 out of 5

over all ripple has the potential to cross even bitcoin(with recent bull run…

over all ripple has the potential to cross even bitcoin(with recent bull run) but i think company does not care about the small investors.

Pros
  • - Very fast. - cheaper than the compititors. - more number of companies are joining recently.
Cons
  • - Tech support is too bad i have host more than 100 ripples in one transation and but not even single reply for my complaint.

Revainrating 5 out of 5

Ripple attracts a lot of FUD within the crypto-community, as evident by above…

Ripple attracts a lot of FUD within the crypto-community, as evident by above reviews and comments on Reddit, Steemit etc. I fully understand these viewpoints. On the other hand, IMHO, in the foreseeable future transferring big amounts of money between organisations will always need a middleman that can be trusted. In the banking context Ripple is a decentralized as possible. Furthermore, i can see a future where consumers will have many alternatives on where they will store their money and…

Pros
  • Very fast and efficient protocol used for settling global payments with a "long" track record. Many partnerships including top ten banks. Mid- to longterm strategy is to persuade banks that use Ripple for settlements to also use XRapid protocol which in turn uses XRP as liquidity token instead of USD. Used as a settlement layer for arbitrage projects like Rialto which will eventually leads to a more mature and less volatile crypto market.
Cons
  • XRapid is only used by one bank at the time of writing. Ripple attracts a lot of FUD within the crypto community because it works with the banks instead of trying to make them obsolete. Ripple success is very dependent on adoption by banks and banks tend to be risk averse.

Revainrating 5 out of 5

Decentralization will continue to advance, with additional customers…

Decentralization will continue to advance, with additional customers implementing the technology and XRP, which will greatly enhance the currency's reputation and value.

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.

Revainrating 2 out of 5

I don't see much longevity in this coin. It appears in my opinion, to be the…

I don't see much longevity in this coin. It appears in my opinion, to be the main instrument in which the current centralized banking system can trade a coin that has manipulated confidence, bolstered by their apparent co-signing of, for a coin (Ethereum) that is likely to be a pivotal player in the burgeoning Crypto market.

Pros
  • Promising partnerships with well respected financial institutions.
Cons
  • Those same aren't actually using the tokens but are essentially renting space on the ledger while their own ledgers are developed. Pre Mined coins. Centralized governing organization

Revainrating 1 out of 5

Because of a huge number of coins being pre-mined by the founding organisation…

Because of a huge number of coins being pre-mined by the founding organisation, this gives a bad reputation for the project itself. 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.

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