So, how r u going to reach a consensus when different nodes contradict each other?
What do you mean? On price? Or on transaction history?
Transaction history. Balances. Ownership. Whatever.
Topic: Creating a fair alternative to Ripple - page 2. (Read 3511 times)
What do you mean? On price? Or on transaction history?
Transaction history. Balances. Ownership. Whatever.
So, how r u going to reach a consensus when different nodes contradict each other?
What do you mean? On price? Or on transaction history?
If there's no point in speculating in XRPs then why is that OpenCoin's business model?
It is not speculating in the sense that BTC is speculating.
XRP's already have a pre-planned *FIXED* value. We just don't know what it is. That is why I was asking for somebody to send me XRP. Then we would see how much is MISSING.
In other words, what is their transaction FEE in XRP.
They already told us their transaction fee in USD ($0.0001).
If I could see the the transaction fee in XRP, the FIXED rate is simple division.
If anyone is interested. My ripple address is:
rHUipvsbBKagmU5qxFYCVfRoHKkBaYztm2
I'll send the coins right back. That is indeed the point of the exercise.
I'm sure that by now most of you know about Ripple, an idea created by Ryan Fugger for an open, decentralized payment network...
When a new decentralized currency/payment network is developed the very 1st question should be asked (and answered):
How to reach a consensus?
So, how r u going to reach a consensus when different nodes contradict each other?
Ripple is in BETA, it is subject to change, let's not get the pitchforks just yet!
They have already stated their intention not to change this particular aspect of Ripple so criticizing it is appropriate.
Quote from: Red
I'm pretty sure most people don't grasp what Ripple is. It's not money in the sense that BTC is money. It is not a store of wealth at all. Their is really no point in speculating in XRPs. That's not what it's for.
If there's no point in speculating in XRPs then why is that OpenCoin's business model?
I'm pretty sure most people don't grasp what Ripple is. It's not money in the sense that BTC is money. It is not a store of wealth at all. Their is really no point in speculating in XRPs. That's not what it's for.
If there is a scam it is that OpenCoin used the "Coin" suffix to confuse BitCoiners. It's a self-promotion scam.
If there is a scam it is that OpenCoin used the "Coin" suffix to confuse BitCoiners. It's a self-promotion scam.
Ripple is in BETA, it is subject to change, let's not get the pitchforks just yet!
Just cause he started 2 companies doesn't make it a scam izigg was a great marketing company and anyone in it should be happy to have learned what they did...That said ripple has a strong economic incentive to distribute the coins as fair as they can. They want to get as many people to have coins as possible. This is what will make the network viable. It doesn't help them to hoard all the coins if no one is using the network. If you don't believe they have their own economic interests in mind then just ignore rippln and just use the XRPs to send around to other currencies. If you just do that you really shouldn't care what happens XRPs.
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
Its a scam
http://mlmblog.net/site/2010/08/izigg-scam-will-the-ftc-step-in-and-file-a-lawsuit-to-shut-this-down.html
Ripple will fail for a simple reason.
$100 in debt is not worth $100. Its worth less.
Aside from the knee slapping joke that is XRP.
$100 in debt is not worth $100. Its worth less.
Aside from the knee slapping joke that is XRP.
people are crazy to buy ripple coins or whatever they are, a community fork will be launched as soon as they release the source code, and if they don't release the source it will just never take off
anyway I believe more in the future of LTC than Ripple (RIP)
anyway I believe more in the future of LTC than Ripple (RIP)
Creating that alternative, sans XRP, is the point of this thread.
Why? The goal is to build an open source payment network that anyone in the world can use, that allows people to send money around the internet for practically nothing, and that allows people to store value in a non-inflating currency. Once we have done that do you really care about alternatives?
Ugh, a viral marketing campaign and a mobile website full of technobabble, RippIn makes me feel nauseous and that was before the "Facebook money" references that seem to be everywhere on the net. If you're going to hijack a decent discussion thread with this obviously corporation-backed new enterprise then at least tell us a good amount about how it offers a "fair alternative to Ripple". There is some incentive to referring new users to the program, so your approach, unless elaborated on, seems rather ingenuous.
I honestly don't think there is a "fair alternative to Ripple" just going by the facts I have read on ripple and trying to put 2 and 2 together it would make scene to have a social network open source peer-to-peer payment system. There is no incentive for me offering rippln to anyone only that one day it could be as big as tweeter or facebook and people are trading XPRs for a lot more then what I have been paying for them over the last few days
Creating that alternative, sans XRP, is the point of this thread.
Ugh, a viral marketing campaign and a mobile website full of technobabble, RippIn makes me feel nauseous and that was before the "Facebook money" references that seem to be everywhere on the net. If you're going to hijack a decent discussion thread with this obviously corporation-backed new enterprise then at least tell us a good amount about how it offers a "fair alternative to Ripple". There is some incentive to referring new users to the program, so your approach, unless elaborated on, seems rather ingenuous.
I honestly don't think there is a "fair alternative to Ripple" just going by the facts I have read on ripple and trying to put 2 and 2 together it would make scene to have a social network open source peer-to-peer payment system. There is no incentive for me offering rippln to anyone only that one day it could be as big as tweeter or facebook and people are trading XPRs for a lot more then what I have been paying for them over the last few days
Ugh, a viral marketing campaign and a mobile website full of technobabble, RippIn makes me feel nauseous and that was before the "Facebook money" references that seem to be everywhere on the net. If you're going to hijack a decent discussion thread with this obviously corporation-backed new enterprise then at least tell us a good amount about how it offers a "fair alternative to Ripple". There is some incentive to referring new users to the program, so your approach, unless elaborated on, seems rather ingenuous.
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
So it's basically Ripple over Facebook? I don't think relying on a centrally controlled social network is a good idea.
what if you could exchange money over facebook into any currency for free well freeish .00001 or whatever it is that your little heart desires welcome to rippln
I would still say that Facebook is an inappropriate platform. Furthermore, your spiel makes me think that what you're advertising is nothing more than a Facebook plugin that implements OpenCoin's protocol. Once again, I don't think this is what we're looking for.
lol!! rippln has nothing to do with facebook other then both facebook and rippln are going to be social networks....same with tweeter, linkedin, pinterest, myspace, and so on....
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
So it's basically Ripple over Facebook? I don't think relying on a centrally controlled social network is a good idea.
what if you could exchange money over facebook into any currency for free well freeish .00001 or whatever it is that your little heart desires welcome to rippln
I would still say that Facebook is an inappropriate platform. Furthermore, your spiel makes me think that what you're advertising is nothing more than a Facebook plugin that implements OpenCoin's protocol. Once again, I don't think this is what we're looking for.
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
So it's basically Ripple over Facebook? I don't think relying on a centrally controlled social network is a good idea.
what if you could exchange money over facebook into any currency for free well freeish .00001 or whatever it is that your little heart desires welcome to rippln
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
So it's basically Ripple over Facebook? I don't think relying on a centrally controlled social network is a good idea.
rippln.com
Can you explain some more about this?
sign that, explain it please.
I don't know much but I'm watching it grow fast on facebook I will send you invite if you like pm with your name and email
https://www.facebook.com/Rippln?fref=ts
I tried looking at their site but it seemed like a whole lot of marketing mumbo jumbo and not a real explanation of what it is. I don't think it's what we're looking for.
yea what do you think their marketing for bud? maybe its a social network open source peer-to-peer payment system...sound familiar? Not like I know though...do your reading
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