credit : NikolayFrolochkin
First of all, Ripple does not presume to overstate the need for banks so that he misses the goal that is not dictated.
Ripple works with banks! Not that it's a bad thing.
But if you're looking for Bitcoin's replacement, that's not it.
who is holding the rest of the XRP? that is right guys! Ripple.
Ok, then Ripple intends to scatter in 2018 55 billion coins by contracts.
Into secure escrows account
They intend to release slowly to trade for 55 billion coins (all theoretical) at the moment the price is quite in their control.
Each month will be released as billions of coins for 55 months
BUT WHO KNOWS?!
Every deal you make today in XRP goes through?
That's right Ripple!
Ripple has a special list of nodes
UNL (Unique Node List) every single transaction is going throw them (like with the milestone in IOTA but little different)
Ripple announced at least that by 2018 they will not hold most of the validators
But who knows ?!
Ripple is an amazing currency .
I am also presenting his negative side so people can think of their investment.
I do not know friends but Ripple smells like an intermediate stage between a decentralized world and a centralized world which is a good thing by the way...
Despite their statements making Ripple more decentralized than Ethereum and Bitcoin.
Ripple is decentralized and it will be there if Ripple company will close their doors...
But all the things we mentioned above make Ripple less decentralized and more centralized!
source:
CRYPTOPOTATO-Hebrew.