Ripple.com - How does consensus work?

[nikb]

Any newbies understand how consensus works on Ripple.com?

The answer contains just 3 words:

Ripple. Is. Centralized.

I don't think that the word "centralized" means what you think it means.

Fiat centralized. Paypal centralized. Ripple centralized. Do I get the word "centralized" correctly enough?

No - try harder. The facts are that Ripple is a distributed payment network. With that established, what, specifically, about it is centralized in your opinion?

[1714689588]

1714689588

[1714689588]

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[Come-from-Beyond]

No - try harder. The facts are that Ripple is a distributed payment network. With that established, what, specifically, about it is centralized in your opinion?

Ah, I got where ur logic failed. U think that distributed == decentralized. Think again.

[Sukrim]

Distributed and open to any newcomers.

You cannot set up your own node in Paypal's distributed network, you can set up one in Ripple's. You also might be able to get a banking license to play with the rich kids in fiat banking, though there is a significantly higher hurdle to jump.

Just like anyone in Bitcoin needs to use the Satoshi chain though, everyone in Ripple needs to use the OpenCoin/RippleLabs chain, maybe that's what you mean by "centralized"? With that logic though, Bitcoin would also be centralized, as is every currency around here, as they are all build on global consensus that has to start at some universally agreed point ("genesis block").

This is still just speculation on what you could mean with "centralized" - so please stop the "oh come on people - it's sooo obvious" talk and state some facts. I really don't like these ways of arguing since it was the same that people supporting pirateat40 were employing ("it is completely clear how he legitimately makes his money, just look at the hints all over the forum and read between the lines, duh! Just think for yourself!").

[nikb]

No - try harder. The facts are that Ripple is a distributed payment network. With that established, what, specifically, about it is centralized in your opinion?

Ah, I got where ur logic failed.

You do, do you? That's cool. Let's see what you "got", shall we?

U think that distributed == decentralized. Think again.

Oops... I already see a small problem here and I'm not referring to the silly use of the letter "u" as a substitute for the pronoun "you". No, the problem is that I never made the claim that "distributed == decentralized", nor do I believe that distributed implies decentralized. Such a belief would just be completely silly.
 
So with that established, I will reiterate: I fail to see what's "centralized" about Ripple. Can you please tell me what you mean by "centralized" and what, specifically, is centralized about Ripple in your opinion?

Inquiring minds want to know.

[Skinnkavaj]

No - try harder. The facts are that Ripple is a distributed payment network. With that established, what, specifically, about it is centralized in your opinion?

Ah, I got where ur logic failed.

You do, do you? That's cool. Let's see what you "got", shall we?

U think that distributed == decentralized. Think again.

Oops... I already see a small problem here and I'm not referring to the silly use of the letter "u" as a substitute for the pronoun "you". No, the problem is that I never made the claim that "distributed == decentralized", nor do I believe that distributed implies decentralized. Such a belief would just be completely silly.
 
So with that established, I will reiterate: I fail to see what's "centralized" about Ripple. Can you please tell me what you mean by "centralized" and what, specifically, is centralized about Ripple in your opinion?

Inquiring minds want to know.

ripple shill! you know ripple is centralized..  who owns 100 million xrp.

EDIT: This post was done by a hacker that took control over my account. I had not changed my password on bitcointalk and I had an easy one. I have no regained control over the account. Ignore this post.

[Come-from-Beyond]

Oops... I already see a small problem here and I'm not referring to the silly use of the letter "u" as a substitute for the pronoun "you".

Heh, this statement shows I shouldn't waste my time on u.

[nikb]

Oops... I already see a small problem here and I'm not referring to the silly use of the letter "u" as a substitute for the pronoun "you".

Heh, this statement shows I shouldn't waste my time on u.

Oh come on... you can't even handle a bit of levity? Or are you just trying to avoid explaining what you mean by "centralized" and what, specifically, is centralized about Ripple in your opinion?

[Blockchainer12345]

Hello,

I have got question regarding the ripple consensus algorithm.
When watching the video https://vimeo.com/64405422 I didn't understand one point.
1) In a consensus round, when moving from stage 1 (50% treshhold) to stage 2 (60% treshhold), do I delete all votes of the proposals of stage 1 and consider only new proposals or do I keep the stage 1 vots in stage 2?

Example:
stage 1
My candidate set is [A,B,C,D]
Server 1 proposal [A,B,C,-]
Server 2 proposal [-,B,C,D]

"-" missing transaction in this proposal.

votes (including my candidate set):
A:2,
B:3,
C:2,
D:2


stage 2 I received new proposals from server 1 and 2
new proposal Server 1 [-,B,C-]
new proposal Server 2 [-,B,C,D]

What would be the votes now that go into the % calculation?

A:2 or A:1
B:3 or B:4 count it double?
C:3 or C:4
D:2 or D:3

I am appreciating every help I can get.
Thank you very much.

Kind regards

[Neo.Prometheus]

Ripple is wolf in sheep's clothing. XRP is not a cryptocurrency. It is like a digital centralized asset. It is manipulated by the bankers which has the banking system on it, which is the counter part of the decentralized cryptocurrency.

[raahi]

If you want to explore your options on buying ripple then I suggest that you go to the ripple website , there under the buy ripple section you may get a list of all possible places or exchange platforms to buy the cryptocurrency, many times they update wallets so buying or selling of ripple it is good to have multiple options.