/biz/ - Business & Finance

XRP is literally the 2nd half of integration

XRP and Ripple ledger is open source, but the software made by Ripple is private and meant for XRP only

XRP can scale to 50,000 TPS and has really high volume for liquidity

>>18161254
>theyre only going to use Ripple fud
this is never happening. XRP is always the final plan

>>18145446
>XRP, even if the connections are real, they wouldn't do anything for the token price.
also, not the same person lel

its the most unfair fud ive seen to say XRP wont help ripple. Schwartz and Brad kept pressuring all these banks to move straight to ODL with XRP, but none of the banks were signing on because nervous about XRP integration. So Brad and Schwartz compromised and said
>you can try out our software that uses the ripple ledger first, then move onto ODL

Schwartz and Brad never intended for ripple to be the final product. its always been XRP

>>18122463
Its the final part of the Ripple Messenger system which 300+ banks use. XRP was always in the plan, but banks wanted to use Ripple Messenger before moving onto XRP as a test for Ripple.

But overrall ODL is just one of the many things the XRP ledger can do. The possibilities are endless, hence why Brad says Ripple right now is Amazon Books to Amazon. The ripple ledger is technologically superior to all other shitcoins.

>>18115945
but thats wrong you retard

>>18085866
>there is no reason for xrp to be used.
wrong.
>nostro/vostro is a system that is going to take literal ages to phase out.
rome was not built in a day

>>18021570
>>18024025
the whole point of XRP is to eliminate Nostro Vostro accounts. If every currency is digital (no physical cash) then there is not liquidity problem at all. things can just be settled in an instant.

its fucking over for XRP if everything goes digital

>>18009060
XRP's volume is pretty poor for a T10 coin though. BCH and BSV have much better volume; and the ODL by Moneygram rarely goes about 10 million a day.
I think its going to take 3 years to even breach 100 million in odl volume.

I wish Brad and Schwartz never gave banks the option to use Ripple payment with no ODL. because banks just using Ripple is a major cock tease. Some redditar message one of the banks in ripple net if they were ever going to move onto XRP odl and they said
>no my friend
basically

i almost wish ripple payment never existed and Bran and Schwartz forced these businesses to use ODL.
ODL takes a shit ton of time to set up, because banks have to physically remove their nostro vostro amounts for corridors

>>17997394
you obviously have no idea how the tech works.