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41  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 08:33:37 PM
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.

No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?

If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.

First of all, Linus Torvalds. He did not look money for Linux, but got money from Support e.g. Trainings, certification, consultancy etc. anyway, if you look, you will find how they own money.

I say that ripple has maybe not do well intentions like linus torvalds. Linus Torvalds has undoubtedly created a few very nice things. I hope you don't want to say that he has bad intentions Wink. Anyway last post here Wink
42  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 08:14:18 PM
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.

No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?

If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.

I am not an IT but i am asking myself - If you are correct why many Japanese banks are willing to use RIPPLE (also trying to expand in China and South Korea) - are they so stupid to loose money which they are invested.
Furthermore, XRP is not bitcoin and cannot be mined.
Please stop posting things and phrases which you cannot back up.

The truth about cryptocurrency is <1% has any clue of whats going on there. It's the perfect place for marketing-scams (fact) for system that do not work. I'll stop posting anyway (not because you said Cheesy), but I continue reading. I'll also take a look at the validating servers in the future.
43  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 07:49:08 PM
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.

No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?

If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
44  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 05:09:26 PM
Furthermore that it is open source does highly indicate that something is wrong about ripple. They surely don't do it because of the open source sense (like Linux Linus Torvalds "I believe open source is the only way you can develop software"). I tell you something is wrong there for sure.

If you have XRP sell then.
I did not ask for your opinion.
It was sharing information not to make you buy XRP.
And you'd better read the whole article and make your moves not take one sentence from context.

I read the whole article but the benefits of ripple are worth nothing if they can eg. print themselves money. Run other software on their servers then what is on github. This is maybe a marketing gag, beacuse people me including have no clue of this highly complex envirmonment and ripple nails that. Maybe it's a huge scam, I woul dnot be surprised.
45  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 04:58:33 PM
Furthermore that it is open source does highly indicate that something is wrong about ripple. They surely don't do it because of the open source sense (like Linux Linus Torvalds "I believe open source is the only way you can develop software"). I tell you something is wrong there for sure.
46  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 04:52:32 PM

yeah ripple is open source and? And who tells you that the servers run that software. Nobody? Ehh guess what that means.
47  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 04:38:41 PM
Is Ripple a money printing machine?

1) Seriously who tells out that they do not give themselves more XRP since it's centralized? They can literally print themeselves money and change it to dollars. I see why banks like that.

2) Nobody even knows if they really use XRP internal, since it seems suboptimal to other systems. Furthermore XRP price is highly volatile, I don't see that Banks would like that. If the don't use it internal XRP would be worth nothing.

3) Why should XRP be worth more if Ripple gets more banks partners? I mean it's purpose (ripple claims they use it in their process) is not affected at all by that.

1.there is certain amount of XRP in the market. Also the 55 villions will be locked in ESCOW account and will be sold slowly.  FYI eth does not have a number you can make as much eth as you want.
2.banks will need an intermediate coin iin order to make fast transactions. this is due to the cost of change from one cureency to other, its not like exchanging likes in facebook, you have cental banks, regulations and so on.
3. More banks mean more transaction more tranactions mean more ripple.
the volatility... i see ripple not that volatile like the other cryptos .


1) what tells you that they are not printing themeselves money with giving themselves more and more coins.

2) This article says something different: http://www.coindesk.com/ripples-xrp-giving-third-largest-cryptocurrency-second-look/

3) You mean because there are less ripple because they get destroyed.
48  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: July 09, 2017, 04:28:11 PM
Is Ripple a money printing machine?

1) Seriously who tells out that they do not give themselves more XRP since it's centralized? They can literally print themeselves money and change it to dollars. I see why banks like that.

2) Nobody even knows if they really use XRP internal, since it seems suboptimal to other systems. Furthermore XRP price is highly volatile, I don't see that Banks would like that. If the don't use it internal XRP would be worth nothing.

3) Why should XRP be worth more if Ripple gets more banks partners? I mean it's purpose (ripple claims they use it in their process) is not affected at all by that.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: July 06, 2017, 07:24:51 PM
Please also correct me at the following text if I write something wrong. I understand the consensus algorythm (delegated byzantine fault tolerance (dbft)) of Antshares or NEO like this:

Nodes have a voting power and they can vote for one or more Bookkeeper nodes. Bookkepper nodes are involved in the consensus process. A node is not involved in the consensus process. One bookkepper node is selected by the system to broadcast it's version of the blockchain. Bookkeeper nodes need to agree with 66% on a version of the blockchain. If 66% is not reached then the next bookkeeper node broadcasts it's version and so on.

Now my questions:

1) What happens if no consensus is reached? Endlessloop and nothing happens?
2) Can a node also be a virtual machine? I mean if so it would be much easier to attack the system and elect malicious bookkeeper nodes.
3) If 33% of elected bookkepper nodes are malicious, is the system then destroyed?
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer on: July 05, 2017, 08:47:25 PM
1) Is there any info about wheter there is a possibility to have private apps that nobody can execute or see in the golem "app store" or is this impossible by golems design (eg. because every node has to have the app to compute the data)?

I guess most companies that rely on powerful computations are not willing to share there software that they developed for years.

2) When I'm writing a software that I want to execute on the golem network do I have to write any specific threading code? How does it work that my binary executes on so many different nodes?

I mean one function will require the the result of another function. So it makes no sense to send the result of the first function over the network (in order to continue processing of the second function) instead of continue   processing on the same node. This all makes not sense to me.

Does anybody know a answer?
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer on: July 05, 2017, 12:37:43 PM
1) Is there any info about wheter there is a possibility to have private apps that nobody can execute or see in the golem "app store" or is this impossible by golems design (eg. because every node has to have the app to compute the data)?

I guess most companies that rely on powerful computations are not willing to share there software that they developed for years.

2) When I'm writing a software that I want to execute on the golem network do I have to write any specific threading code? How does it work that my binary executes on so many different nodes?

I mean one function will require the the result of another function. So it makes no sense to send the result of the first function over the network (in order to continue processing of the second function) instead of continue   processing on the same node. This all makes not sense to me.
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