The expert called XRP faster and decentralizovanno Bitcoin. Why?
Source:XRP is the most efficient solution to transition from Fiat currency to digital. This was stated by CEO of Ripple brad Garlinghouse during a speech at the conference Swell 2018 in San Francisco.
According to Garlinghouse, a token of the company much faster than Bitcoin and XRP has already established itself as the most effective product on the market. In addition, the coin is fairly decentralized and not dependent on the decisions of company management, he added.
theWhen I grow up Ripple
Whether XRP is centralized or not? He is definitely decentralized. I, as CEO, can't control transactions in XRP. I cannot cancel or confirm the transaction. In the ecosystem XRP everybody whose interests it satisfies.
Brad also added that XRP is more decentralized than Bitcoin and . He explained this by the fact that many coins are working on the mechanism of consensus Proof-of-Work (PoW), which allows individual groups of miners to mine a large part of the blocks.
I think that information on the centralization XRP spread by people who benefit from the Ripple loss of market share. Ripple is a centralized company that's investing in decentralized technology. It's the same thing, when Amazon invests in TCP / IP.
Asked about the high volatility of the token (YTD XRP fell 83%, but only in September grew by 73 percent), the head of the Ripple, stated that he was not interested in the momentary rate of the coins. Much more important than its technical characteristics, reports .
Garlinghouse not thinking about the price, and pays attention only to the technical features of the coins. According to the head of transaction in XRP «a thousand times faster than bitcoin». The expert does not know what the rate over a specific period of time. In this case, it is important that the team develops a Ripple payment instrument, «which is already superior to many coins».
What do you think about XRP? Share your answers .
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