Ripple & XRP: a potential successor to BitCoin?

[biskup]

Ripple is all about traceable, centralized payment system which is opposite to BitCoin which enables decentralized, anonymous P2P payment.

There are many Ripple-like payment systems in the past (e.x eGold). I don't really know what is the point here.

Well, bitcoin seems to depend on cenralized exchange instead which is Mt. Gox... IMO, the real strenght of bitcoin is media coverage, something the older currencies and payment systems lacked in the past. Guys behing Ripple know it very well.

[biskup]

XRP is a silly name and Ripple will fail partly because of that. Sounds like something a 12 year old came up with.

ISO 4217 requires that currency designators be three-letter codes and that designators not issued by a country start with the letter 'X'. http://en.wikipedia.org/wiki/ISO_4217

Tha's really interesting. It seems, creators of bitcoin didn't bother about following the standards but those of Ripple do. Another example of more professional approach of Opencoin guys.

[vsimon]

going research them and try them out.

[bitcoinsrock]

Where can I go to buy XRP?