kirmo (OP)
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March 01, 2013, 09:17:31 AM |
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Several days ago I discovered ripple. Do you think you it is a complement to bitcoin? Or is it a rival?
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VinceSamios
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March 01, 2013, 09:22:30 AM |
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Ripple really lacks appeal IMHO... its a grand idea, but I think it relies on the wrong principles.
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kirmo (OP)
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March 01, 2013, 09:23:55 AM |
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thanks for replying
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afbitcoins
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March 01, 2013, 01:07:08 PM Last edit: March 01, 2013, 02:22:59 PM by afbitcoins |
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I don't know much about it but just read about it on Wikipedia. Alarm bells were ringing when I saw this. Note that the Ripple protocol itself wouldn't preclude a hierarchical payment structure evolving, it just allows for the possibility of other structures. If it allows a hierachical payment structure that means it allows being controlled by a centralised power which then gets us back to square one. I think we can expect a lot of competitors to bitcoin to spring up with allowing hierarchical structures as part of their hidden agenda. I'll stick with bitcoins edit: so to answer the original question I say its a rival.
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matthewh3
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March 01, 2013, 06:45:20 PM |
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I don't know much about it but just read about it on Wikipedia. Alarm bells were ringing when I saw this. Note that the Ripple protocol itself wouldn't preclude a hierarchical payment structure evolving, it just allows for the possibility of other structures. If it allows a hierachical payment structure that means it allows being controlled by a centralised power which then gets us back to square one. I think we can expect a lot of competitors to bitcoin to spring up with allowing hierarchical structures as part of their hidden agenda. I'll stick with bitcoins edit: so to answer the original question I say its a rival. I well its opensource (soon IIRC) and anyone can start a 'trusted' Gateway. So if it gains momentum and takes off I think it will greatly ease and decentralises further the buying and selling of bitcoins.
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sleepybitcoin
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March 01, 2013, 06:52:42 PM |
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no it seems like a pointless thing.
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theymos
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March 01, 2013, 06:55:48 PM |
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The original idea was pretty interesting, but the current implementation seems like just another scamcoin.
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1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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graghav2010
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March 01, 2013, 07:26:52 PM |
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Some free scam coins! why not, anyway i will change it into some legitcoin which goes to 34 USD each ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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MiningBuddy
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฿itcoin ฿itcoin ฿itcoin
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March 01, 2013, 07:41:19 PM |
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Nope, not interested in ripple or any other altcoin to be quite honest.
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Bitcoining
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March 01, 2013, 07:50:59 PM |
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Their strategy is working, everybody is talking about them.
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Andrej Brda, Wili Clip, ADS Management, Scam, scammer, Gold Hunt, Fish Hunt, earn free lindens, Second Ads, goldtokens, Kingdoms & Empires, Second Life, earn lindens, snufflesbreedables.net Scam мoшeнничecтвo Oleg Borodkin/Oлeг Бopoдкин/Glaznah Gassner Earn2life e2l-net
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blarn
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March 01, 2013, 10:31:48 PM |
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thats true, ripple is all over the (bitcoin) conversations..
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Coiny
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March 01, 2013, 10:37:52 PM |
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I have read the webpage description but still don't really get it.
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Bitcoining
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March 01, 2013, 11:14:08 PM |
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Andrej Brda, Wili Clip, ADS Management, Scam, scammer, Gold Hunt, Fish Hunt, earn free lindens, Second Ads, goldtokens, Kingdoms & Empires, Second Life, earn lindens, snufflesbreedables.net Scam мoшeнничecтвo Oleg Borodkin/Oлeг Бopoдкин/Glaznah Gassner Earn2life e2l-net
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gambit
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March 02, 2013, 12:35:02 AM |
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Well... if you don't like ripple but you have some XRP you can send them to me @ rK95oNJio1i5PnP6evCAoN7ktKNnFV9Td8 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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matthewh3
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March 02, 2013, 12:37:58 PM |
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It could get rid of BTC-E and MTGOX, but the GUI needs alot of work. Very BETA now. I'd say that I'd believe in it more if I could buy a pizza there (and not have to wait on a confirmation like that pizza site). ATM, only two Gateways created and they are just exchanges.
Also, there is no directory of businesses yet. Stuff like that to give it the "community" feature that Bitcoin lacks. Potential undelivered at this time.
Not if BTC-E and MtGox become 'trusted' Ripple Gateways.
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Endgame
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March 02, 2013, 12:52:35 PM |
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Ripple seems like a cool idea. But just like gpg I think its too complex for the average user.
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awkorama
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March 02, 2013, 02:35:49 PM |
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The main bad thing about the ripple is the whole premined, free giveaway (e.g.) unfair distribution of coins.
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galbros
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March 02, 2013, 03:19:22 PM |
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I like how ripple could be a multi currency wallet but am not so sure about how the value of the XRPs will hold up. I registered too late for the current giveaway, so I hope there will be another.
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nutica
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March 02, 2013, 06:44:19 PM |
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I read about Ripple recently and I think it is really interesting idea. How does it work if someone owes me (eg.) 100 USD, and I'd like to convert it to its JPY equivalents? Is this possible?
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