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January 05, 2018, 11:48:56 AM |
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I haven't found any topics discussing the corellation between Ripple and Stellar so I decided to open one.
Both of these coins are highly on the rise. Ripple is now sitting and number 2 right below Bitcoin. Stellar on the other hand is number 9.
They have similar technology and both seem to be fighting strongly for the approval of the financial sector although there are some fundamental differences in that vein.
From my experience, when there are two strong player in the new field fighting for the same thing - and that is to become an industry standard, only one will prevail (Netscape vs Internet Explorer, Intel vs. IBM, Blu-ray vs HD DVD....). Sometimes the other will remain with much smaller share of market, and sometimes it will go bankrupt, seize to exist, or be taken over by somebody else. In other instances some other players would join and they would share the market in equal way. Since this is the fight over what will be used as the future of all digital payments, and now we are talking about what will be supported/adopted by banks, I seriously doubt the latter will happen, at least in mid-term.
What are your opinions?
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