Hello Buddies,
Do you often use Ripple? How about Monetas? Everybody has been talking about decentralization. But I feel there is no real decentralization because everything is controlled by human beings. Decentralization is just looks like it.
I have used Ripple before, when they still did the World Community Grid give away. Ripple is really easy to use, but they are only supported by a limited amount of services, so I am not used them in a while more. I don't think that the Ripple Protocol will be the one to stick, too much has gone inside the Company known as Ripple Labs and there are too many protocols already in the makes that will out-gun Ripple by orders of magnitude. I talk to the guys from Monetas, there is really a lot of competence behind that venture (Bitcoin Forum Hero Member Justus Ranvier for example). Monetas will be great if they manage to fix their consensus problems. A client has not been formally released to the public yet, but there is a lot of activity on their Github. They are two completely different things however, addressing completely different tasks. Do you often use Ripple? How about Monetas? Everybody has been talking about decentralization. But I feel there is no real decentralization because everything is controlled by human beings. Decentralization is just looks like it.
The problem with these system is that the translation between hard and soft values still requires a certain degree of trust. This trust may be mitigated to a bearable amount, but never will function seamlessly.
Excellent.
