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Showing posts with the label decentralisation

Weiss Ratings: Ripple can attract lots of attention this year

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Lately, we can note a lot of successful projects that launched by XRP Ripple Labs. The founder and current general director of the company B. Garlinghouse earlier mentioned that a large wave of institutional investors is going to enter cryptomarket in the 3rd quarter current year. "The third quarter of this year, of course, will be a period of the emergence of many institutional companies in the markets and they will participate in the purchase of XRP," he said. But those companies that already buy and apply a token do not affect its ... Read more about " Weiss Ratings: Ripple can attract lots of attention this year " on coinatory.com

David Schwartz: Ripple is more decentralized than bitcoin and Ethereum

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Many members of the blockchain community have questioned the sufficient decentralization of the Ripple protocol. These doubts were dispelled by the technical director of Ripple, David Schwartz. In his opinion, the distributed ledger of XRP is more decentralized than Bitcoin and Ethereum. Bitcoin and Ethereum are currently viewed as the gold standard for decentralization — meaning they are architected in a way that no single individual or minority group can dictate rules or rewrite transaction history (the power of blockchain!). Since these b ... Read more about " David Schwartz: Ripple is more decentralized than bitcoin and Ethereum " on coinatory.com

Crypto wars. ASIC resistance

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How the creators of cryptocurrency struggle with the manufacturers of ASIC chips, designed to make a quick earning of digital money, and what problems arise in this case. Specialized processors (ASIC), bring their developers billions of dollars. However, their use has split the crypto community. Why does this technology cause rejection among ordinary members of the crypto community and the founders of cryptocurrencies? Application of ASIC for mining allows receiving higher incomes in the cryptocurrency for each dollar invested. But the ... Read more about " Crypto wars. ASIC resistance " on coinatory.com