Author

Topic: can someone please send me some ripple, thanks. (Read 529 times)

newbie
Activity: 58
Merit: 0
February 13, 2014, 11:08:40 PM
#11
alright, thanks. I guess I will just avoid ripple altogether.

Ripple was perceived as a threat to Bitcoin when it launched, and an attack campaign ensued. A reputed scammer played a pivotal role. Ripple threatened his centralized Bitcoin businesses, inputs.io in particular. He created an attack site that is widely quoted, despite being inaccurate and outdated.

Here is what an actually centralized Ripple competitor looks like:

https://www.klickex.com

Paypal is another example of a centralized system that implements a subset of Ripple functionality.

A good way to look at it is: Ripple picks up where Bitcoin leaves off.

Bitcoin is beautiful, but relies on centralized endpoints for anything that occurs off the block chain. Ripple is an open distributed currency-agnostic protocol and network for enabling payment and exchange that begins at those centralized endpoints, and provides a distributed network between those endpoints and end users. Aspects of both systems are subject to centralization, and they solve for the concerns of centralization at different levels; they are complementary.

Ripple Labs is transparent about all of this---no scam.

A lot of people do not realize that Ripple is being designed to operate transparently, in addition to direct usage. Via the Federation protocol, it should be possible for future users to make payments with their preferred currency, without ever needing to deal directly with IOUs or Ripple itself. It will act as a pass-thru in those use cases. It is a distributed near real time cross-currency open payment and exchange network and protocol that you do not need to even be aware of using.

Low friction cross-currency payment and exchange ability is essential to supporting a more open future.

MtGox is not, and the community needs to fight centralization.

Here is a great write up from Manu Sporny of the W3C: pdf. He discusses the future of open payments, and pays complement to both Bitcoin and Ripple. About W3C.

Since I have just found out about Ripple, I'd rather these noobs be brain-washed by a scammer instead of pushing the price up for me  Tongue

BTW you trade within the client which can be downloaded from Ripple.com or Peercover.com which is a lot more user friendly.

sr. member
Activity: 350
Merit: 250
alright, thanks. I guess I will just avoid ripple altogether.

Ripple was perceived as a threat to Bitcoin when it launched, and an attack campaign ensued. A reputed scammer played a pivotal role. Ripple threatened his centralized Bitcoin businesses, inputs.io in particular. He created an attack site that is widely quoted, despite being inaccurate and outdated.

Here is what an actually centralized Ripple competitor looks like:

https://www.klickex.com

Paypal is another example of a centralized system that implements a subset of Ripple functionality.

A good way to look at it is: Ripple picks up where Bitcoin leaves off.

Bitcoin is beautiful, but relies on centralized endpoints for anything that occurs off the block chain. Ripple is an open distributed currency-agnostic protocol and network for enabling payment and exchange that begins at those centralized endpoints, and provides a distributed network between those endpoints and end users. Aspects of both systems are subject to centralization, and they solve for the concerns of centralization at different levels; they are complementary.

Ripple Labs is transparent about all of this---no scam.

A lot of people do not realize that Ripple is being designed to operate transparently, in addition to direct usage. Via the Federation protocol, it should be possible for future users to make payments with their preferred currency, without ever needing to deal directly with IOUs or Ripple itself. It will act as a pass-thru in those use cases. It is a distributed near real time cross-currency open payment and exchange network and protocol that you do not need to even be aware of using.

Low friction cross-currency payment and exchange ability is essential to supporting a more open future.

MtGox is not, and the community needs to fight centralization.

Here is a great write up from Manu Sporny of the W3C: pdf. He discusses the future of open payments, and pays complement to both Bitcoin and Ripple. About W3C.
newbie
Activity: 29
Merit: 0
Glad i read this thread, good to know!
legendary
Activity: 2786
Merit: 1031
I guess the question is: is your cpu doing anything else useful (like say mining MemoryCoin, Bitshares etc) If not, you can use BOINC... at current rates, they will pay you about a dollar in ripples per day. Helps with the electricity if nothing else. Collect them and move them to BTC

so how would one move them to btc?

on an exchange like cryptsy?

There's no ripple market at Cryptsy, you can find one at https://www.kraken.com/ .
newbie
Activity: 29
Merit: 0
I guess the question is: is your cpu doing anything else useful (like say mining MemoryCoin, Bitshares etc) If not, you can use BOINC... at current rates, they will pay you about a dollar in ripples per day. Helps with the electricity if nothing else. Collect them and move them to BTC

so how would one move them to btc?

on an exchange like cryptsy?
legendary
Activity: 2786
Merit: 1031
I guess the question is: is your cpu doing anything else useful (like say mining MemoryCoin, Bitshares etc) If not, you can use BOINC... at current rates, they will pay you about a dollar in ripples per day. Helps with the electricity if nothing else. Collect them and move them to BTC

This, plus you're helping good causes, like cancer research.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
I guess the question is: is your cpu doing anything else useful (like say mining MemoryCoin, Bitshares etc) If not, you can use BOINC... at current rates, they will pay you about a dollar in ripples per day. Helps with the electricity if nothing else. Collect them and move them to BTC
newbie
Activity: 26
Merit: 0
alright, thanks. I guess I will just avoid ripple altogether.
legendary
Activity: 2786
Merit: 1031
any amount of ripple just to test it out, please and thank you.

r4SL6zfEeeJN3wgFSWBT59xCrDpSfXoZTz

You can "mine" your ripples. Smiley

https://www.computingforgood.org/
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
But if you really have to, just use BOINC. Let it run for 24 hours and they will send you anywhere from 30 garbage to 60 garbage (assuming you have a decent cpu)
newbie
Activity: 26
Merit: 0
any amount of ripple just to test it out, please and thank you.

r4SL6zfEeeJN3wgFSWBT59xCrDpSfXoZTz
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