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RE: Ripple Skyrockets | The Rippening Is Here

in #ripple7 years ago

Ripple still has transaction fees and is maxed at 1500 transactions per second on the network. Raiblocks can handle 7000+ transactions per second and have 0 transaction fees, while still remaining decentralized. I'm not trying to shill Raiblocks, but I'm just trying to say there are better alternatives to the XRP network. I honestly do not trust a centralized crypto that was founded by the Mt Gox founder, Jed McCaleb. Less than 40% of the supply of XRP is released. But if you invested in XRP, congratulations because you made probably one of the best investments over the past year.

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Thanks for your thoughts. The transaction fees are negligible and only there to protect against spam attacks. I also have faith Ripple can scale easily in the event that they need to. I will say the opposite of you - that's not to shill Ripple, but rather to look beyond what is now into what could be. Furthermore, often tech is not the deciding factor of success and this is not true in only cryptocurrencies. New generations of technology will always outperform the old, but it is often difficult to replace them in terms of adoption. Not to start any fights, but I think the fact that Apple is the largest, non-state owned company in the world is a perfect example of why tech is not as important as everyone thinks it is.

P.S: I don't know much about Raiblocks yet, so am just taking what you say at face-value.

I thought McCaleb left for Stellar Lumens and didn't he also sell of Mt Gox to Karpelès and he was the one that killed it?

I thought Stellar Lumens was suppose to be a better ripple and any chance you will be looking into that or maybe a video that compares the two?