Brad Garlinghouse: ripple is not going to compete with Ethereum
Source:
CEO brad Garlinghouse managed to talk with Joe Lubina from ConsenSys and Brian Behlendorf of HyperLedger at the WEF in Davos. Discussed the future of the blockchain and cryptocurrency. In particular, speaking on the topic of flipping and Arlinghaus noted that this alleged marathon is not a measure of success of a particular platform. Recall before it became known about the problems with a market capitalization of XRP. It can be at least 6 billion.
All they work on interesting tasks. And all of us are in the beginning stages of the industry and new markets. I don't think there is a sense to compete.
He also shared his opinion on the ranking from CoinMarketCap cryptocurrency where the native currency of the Ripple is then second, then third. In his opinion, Ethereum can't be a competitor ecosystem XRP, as the teams work on different tasks.
If we Intersect something? Of course. But in the long run you will see that we have different goals.
The Director General stressed that the Ripple is fighting for more transparency in the ecosystem, and then gradually moved to the topic of decentralization. According to him, and Ethereum generally considered decentralized platforms, but recent events and the attack 51 percent in particular raises questions about the meaning of the concept of decentralization. In addition, he drew attention to the need to address these along the way and thanked Joseph Lubin in the right direction in this matter.
Writes Ambcrypto, the head of the ripple is also countered rumors about the centralization of XRP — XRP Ledger supposedly was much more than based on PoW mining solutions.
The More data you look at . Recall that the current rate of coins can be found in our classroom .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Sources have shared details about a Bitcoin futures from Bakkt. For that to wait to investors?
the long-Awaited platform of ICE has provided new information on their futures contracts , the launch of which was scheduled for January 24. As promised, the exchange will provide the opportunity to buy physical delivery of BTC an...
Bargain: exchange Huobi has won first place for a profit and commissions
Cryptocurrency exchange Huobi has earned about 483 million dollars in commissions from commercial transactions for the whole of 2018. It's even more than the Binance and OKEx. Recall that the last two exchanges occupy the first pl...
The number of transactions in the network of Bitcoin reached a record value over the last year
Even the price drop didn't affect the ecosystem of the coin. According to the service, the number of transactions in the Bitcoin network has set a new record over the past 12 months. A week ago, the cryptocurrency were processed o...
Prepare for tears: JP Morgan is waiting for the fall of Bitcoin to 1260 dollars
It's time to add to the list of bearish forecasts another news. This time in the role of skeptics was made by JP Morgan analysts. According to them, will fall to $ 1,260 in the next couple of years. While the global financial syst...
Radio: a hacker hacked a satellite to transmit messages about Bitcoin
the Hacker, who supposedly lives in Eastern Europe, managed to hack into a satellite in orbit. Now he sends it via an encrypted message in a post-apocalyptic style. One of the first noticed something was wrong the user under the n...
Gold reserves: how much money in the insurance Fund BitMEX?
the Hong Kong exchange has so much that can Fund attack 51 directly against the few altcoins for months. No, BitMEX is not going to ruin the stock market. We will focus on the volume of the insurance Fund trading platform and its ...
Humanity cannot survive without cryptocurrency in the digital age. Why?
CEO of Circle Jeremy Allaire says that humanity will not be able to survive the digital age without a cryptocurrency because it is decentralized and fault-tolerance nature makes them indispensable. This opinion was expressed by Al...
Researchers at MIT are preparing a cryptocurrency. What will be its main advantage over Bitcoin?
Researchers at the Massachusetts Institute of technology (MIT) has created a cryptocurrency to approve a transaction which nodes need 99 percent less data compared to Baccano . About it on January 23 announced on the official blog...
XRP market cap is overstated by 6 billion. What is the explanation?
According to the report of a startup Messari, which specializiruetsya on cryptocurrency valid data capitalization and current supply is much below the data. On Coinmarketcap number XPR in turnover of approximately 41 billion token...
Insight: Samsung Galaxy S10 supplied built-in crypto
Insider Gregory Blake published on Twitter a few images of an alleged prototype of Samsung Galaxy S10. According to the source, the new flagship South Korean manufacturer will have something called Samsung Blockchain KeyStore — bu...
Wealth from heaven: because of an error of crypto currency exchange its users received $ 5.3 million
the Real «free» can wait for you anywhere. Korean crypto currency exchange Coinnest recently made an official statement on airdrop tokens We Game Tokens (WGT). Due to an unfortunate error during the process of distributi...
Analyze graphs: Ethereum again under threat of draining
Price did not manage to stay in the bullish area at a scale of 1-hourly chart. Trading a pair of ETH/USD still remains under the threat of a new drain. That the cryptocurrency was able to hold above $ 100, it should breach the res...
Scheme of the century. Europol has arrested a hacker for stealing IOTA for 10 million euros
the 36-year-old hacker was arrested by the police South-East of the regional units for combating organized crime UK (SEROCU). According to sources, a suspect in the theft amounting to more than 10 million euros (11.4 million dolla...
Right now in Davos is the world economic forum. PayPal CEO Dan Schulman expressed skepticism about the mass adoption by merchants. In his view, there are very few retailers who are willing to work with cryptocurrencies. Our compan...
Students at Cambridge University have figured out how to return the stolen bitcoins
To date, no one has yet managed to accurately count the number of lost and stolen . In cryptocommunist there are lots of theories on this, officially, out of circulation forever out coins with a total worth a billion dollars. Why ...
The trader stole 5.4 BTC on Huobi. Exchange excuses
Chinese captainvalor recently made a statement against Huobi. According to him, due to the internal vulnerability of the site the user lost 5.4 , however, the exchange disclaims any liability for the incident. User forum 8btc surn...
CBOE has decided to withdraw approval for a Bitcoin ETF. What is the reason?
BZX Exchange CBOE withdrew the proposed rule that, if approved by the SEC would have opened the way for the creation of the ETF . To date, this event could be a potential trigger for the next global bullrun. on Wednesday, the Depu...
Jamie Dimon: I'm not gloating due to the fact that the crypt was blown away
CEO of JP Morgan Jamie Dimon in 2017, has become the undisputed captain of a brigade of haters . Then he called cryptocurrency “fraud”, which eventually deflate. However, now that the cryptocurrency bubble is still burst, daymon i...
Comments (0)
This article has no comment, be the first!