/biz/ - Business & Finance

[Anonymous No.7015207]

no coin will ever have another ethereum-style Run up again. Mark my words

in early 2017 most people in crypto were operating through coinbase. Ethereum was "the" thing to have. There was nothing else. Bitcoin was stale.

the reason ethereum and ripple went straight up for months is because there was no competition. The market is much different now. The dynamics have evolved. People are always going to take profits and move into one of the dozens of other good coins that are primed for a pump.

[Ripple Fundamentals No.7015393]

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%.

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

[Anonymous No.7015411]

>>7015207
>2
That's where you're wrong kiddo.
There's one left who will make a similar run.

I've tried shilling this on here for the past couple of months, but to no avail. Maybe this one can be a * Gem * to you.

Agoras Tokens, Tauchain

https://steemit.com/eos/@rok-sivante/eos-vs-tezos-vs-tauchain-the-dummies-simplification-of-possibly-the-biggest-blockchain-launches-of-2017