Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: wayne_812 on December 22, 2017, 12:24:01 AM



Title: questions concerning ripple
Post by: wayne_812 on December 22, 2017, 12:24:01 AM
I am getting extremely interested in Ripple and I love reading about it. Could you help me understand these questions better:
1) What are the main competitors of Ripple?
2) Is XRP essential to Ripple's plan. Can it be done without it?
3) Ripple has frozen big chunk of the XRP and promised to keep them frozen, so it drives investment in XRP. Is there even a possibility for Ripple to unfreeze them, because the banks have requested it, so they can buy it on cheap? Why would Ripple say no, if this is one of the main conditions for the banks to accept Ripple's system?