What is this "original" whitepaper you're referring to? https://ripple.com/dev-blog/consensus-whitepaper-released/ ?
I prefer to look at code instead of papers and rippled was from the beginning designed to operate in a decentralized way (https://github.com/ripple/rippled).
If you are so certain that the initial strategy was heavy centralization and Ripple Inc. changed it because of criticism in this forum here, you surely have some substantial proof of that, right?
Topic: Ripple is in major trouble - page 4. (Read 25437 times)
1) Do you think it would be bad for us if XRP was unarguably more decentralized than bitcoin? Isn't it clear that would be awesome for us? If not, what downside do you see?
2) Do you think our technology is incapable of being fully decentralized? If so, clearly explain why.
3) If it's in our interest for XRP to be more decentralized than bitcoin and our technology is capable of it, why do you think we wouldn't be aggressively pursuing it?
The only reason you're even talking about decentralization is because crypto investors here are calling you out on it...
Show me where you talked about XRP being decentralised when you first launched the concept..when you first launched the concept you kept a whole load of the XRP to yourself...centralisation pure and simple.
The questions your posing are mute points..its simply you changing your track because you've been called out. Your trying to cover it up by saying decentralisation is good
Actions count more than words. Doesn't matter what mental gymnastics you want to play
Yes or no, do you think increasing decentralization is in Ripple's interest? Yes or no, do you think our technology is capable of operating in a decentralized configuration?
"The questions your posing are mute points..its simply you changing your track because you've been called out. Your trying to cover it up by saying decentralisation is good"
Do facts matter at all to you? Why is it so much more important to you what we say than what is actually true? Is decentralization good for us? Yes or no? Defend your answer. You cannot do so, so you change the subject.
Why aren't you up in arms at the bitcoin community for allowing China to decide which transactions go in a block? Maybe they're not focusing on that problem because nobody is calling them out on it. If nobody's making it a big deal, maybe that's because it really isn't a big deal. Do you think the bitcoin community should make this problem a major focus right now just because I'm making a big deal about it? Or should they focus on the actual day-to-day issues their actual users are facing? So even if you're right, you're just accusing us of being sane and rational and not making something a priority when it actually isn't to real users.
Once again, show me where in the original concept ripple talks about being decentralised...show me in the whitepaper. The whitepaper is the facts.
If you aren't willing to respond to that, I conclude your guilty of covering your tracks.
Funny how suddenly you become the savior of decentralisation when we're calling you out on it!! Haha
Everyone else take note - ripple has suddenly become the savior of decentralisation because we've called them out on it...lol
Yes..of course decentralisation is a good idea...a concept that you're now harping on about because we called you out on it
You have changed your track and that is a good thing, but once again, show me where in the original XRP and ripple concept that you have decentralisation as your core concept...it's not there is it??
Show me the facts of what you originally wrote in the whitepaper
Ripple has made a killing jumping on the cryptop bandwagon when there had nothing to do with it, they just rode the crypto horse to billions when what they had before Satoshi was nothing.
There is growing awareness among crypto particpants that governance - who makes the decisons and how the decisions are made - is a critical/ultra important part of a currency, whether fiat or crypto.
The basic message from the Ripple fan club would be: "trust us, our motives are pure!"
Meanwhile, upcoming coin Tezos will hard-code open governance into the codebase itself.
Trust strikes at the heart of any currency, any community, any consensual process amongst human beings - the coin with the best trust will win the most.
US Dollar bill = "In God, We Trust"
XRP/Ripple = "trust us, we know what we're doing"
Tezos (and future imitators) = don't trust me at all, change the coin itself/its codebase as the way of effecting change/making decisions, codelogic=governance process (think 'strange loop', or the game called 'Nomic' > https://en.wikipedia.org/wiki/Nomic )
The basic message from the Ripple fan club would be: "trust us, our motives are pure!"
Meanwhile, upcoming coin Tezos will hard-code open governance into the codebase itself.
Trust strikes at the heart of any currency, any community, any consensual process amongst human beings - the coin with the best trust will win the most.
US Dollar bill = "In God, We Trust"
XRP/Ripple = "trust us, we know what we're doing"
Tezos (and future imitators) = don't trust me at all, change the coin itself/its codebase as the way of effecting change/making decisions, codelogic=governance process (think 'strange loop', or the game called 'Nomic' > https://en.wikipedia.org/wiki/Nomic )
is ripple really in trouble,at least when it comes to price? Price seems to be on the way up, it came out of falling wedge...most think it will go up nicelly again..
1) Do you think it would be bad for us if XRP was unarguably more decentralized than bitcoin? Isn't it clear that would be awesome for us? If not, what downside do you see?
2) Do you think our technology is incapable of being fully decentralized? If so, clearly explain why.
3) If it's in our interest for XRP to be more decentralized than bitcoin and our technology is capable of it, why do you think we wouldn't be aggressively pursuing it?
The only reason you're even talking about decentralization is because crypto investors here are calling you out on it...
Show me where you talked about XRP being decentralised when you first launched the concept..when you first launched the concept you kept a whole load of the XRP to yourself...centralisation pure and simple.
The questions your posing are mute points..its simply you changing your track because you've been called out. Your trying to cover it up by saying decentralisation is good
Actions count more than words. Doesn't matter what mental gymnastics you want to play
Yes or no, do you think increasing decentralization is in Ripple's interest? Yes or no, do you think our technology is capable of operating in a decentralized configuration?
"The questions your posing are mute points..its simply you changing your track because you've been called out. Your trying to cover it up by saying decentralisation is good"
Do facts matter at all to you? Why is it so much more important to you what we say than what is actually true? Is decentralization good for us? Yes or no? Defend your answer. You cannot do so, so you change the subject.
Why aren't you up in arms at the bitcoin community for allowing China to decide which transactions go in a block? Maybe they're not focusing on that problem because nobody is calling them out on it. If nobody's making it a big deal, maybe that's because it really isn't a big deal. Do you think the bitcoin community should make this problem a major focus right now just because I'm making a big deal about it? Or should they focus on the actual day-to-day issues their actual users are facing? So even if you're right, you're just accusing us of being sane and rational and not making something a priority when it actually isn't to real users.
Just wondering if it would be possible for inventors to patent their cryptocurrency in other to avoid this scenario playing out again. Alot of hard work has gone into creating this stuff only for copycats clone them.
It would be. But we really want to succeed on a level playing field because we think that will bring the broadest adoption and be best for the industry generally.
Just wondering if it would be possible for inventors to patent their cryptocurrency in other to avoid this scenario playing out again. Alot of hard work has gone into creating this stuff only for copycats clone them.
1) Do you think it would be bad for us if XRP was unarguably more decentralized than bitcoin? Isn't it clear that would be awesome for us? If not, what downside do you see?
2) Do you think our technology is incapable of being fully decentralized? If so, clearly explain why.
3) If it's in our interest for XRP to be more decentralized than bitcoin and our technology is capable of it, why do you think we wouldn't be aggressively pursuing it?
The only reason you're even talking about decentralization is because crypto investors here are calling you out on it...
Show me where you talked about XRP being decentralised when you first launched the concept..when you first launched the concept you kept a whole load of the XRP to yourself...centralisation pure and simple.
The questions your posing are mute points..its simply you changing your track because you've been called out. Your trying to cover it up by saying decentralisation is good
Actions count more than words. Doesn't matter what mental gymnastics you want to play
Ripple was not launched fully open source guys.
They added open source code later over criticisms over crypto idealogy.
Which is now long gone.
And if you think about it.. since Ripple is a centralized company it makes no sense to open source their code.
They did though for one reason !
To appeal to the crowd here so they would buy the Ripple coins.
Except we said from day one that we would open source our code. Lots of people said we wouldn't do that. We patiently explained that there was absolutely no incentive for us not to open source our code and lots of reasons for us to open source it. Specifically, the more people have to trust us, the more that's an obstacle to our success. We love for people to trust us, that's all good for us. But we hate for people to have to trust us, that's all bad for us.They added open source code later over criticisms over crypto idealogy.
Which is now long gone.
And if you think about it.. since Ripple is a centralized company it makes no sense to open source their code.
They did though for one reason !
To appeal to the crowd here so they would buy the Ripple coins.
We carefully designed a system so that absolutely no trust in us is required by the system's design. And we have a track record of progressively improving decentralization. We've carefully explained the obstacles to decentralization, our plans, and our progress.
Centralization is of no help to us whatsoever. The day we abused any power we have, we would do so completely in the open with cryptographic proof of our betrayal. That would be game over for us. Decentralization is all win for us.
When we do what is in our own interest, as we've always promised to do, you complain that we only did it because it was in our interest to do so! Well, duh. We've carefully designed a system that aligns interests.
Let me ask you a few very specific questions that I'm 100% sure you'll never answer with actual facts:
1) Do you think it would be bad for us if XRP was unarguably more decentralized than bitcoin? Isn't it clear that would be awesome for us? If not, what downside do you see?
2) Do you think our technology is incapable of being fully decentralized? If so, clearly explain why.
3) If it's in our interest for XRP to be more decentralized than bitcoin and our technology is capable of it, why do you think we wouldn't be aggressively pursuing it?
Karl-Theodor_zu_Guttenberg a German aristocrat who is a proven fraud.
Long live Bitcoin and freedom
you know who else are frauds? roger ver, jihan wu, and mark karpeles... "bitcoin & freedom" in the same sentence are a joke at this point. there is no real democracy and if you believe any different, you're blinded by the vision and not the reality.
The University of Bayreuth, which awarded him a Ph.D. in 2006, ruled he had "extensively violated academic standards and intentionally cheated."
Since the plagiarism scandal he lives in exile in the wealthy New York suburb of Greenwich.
He can point to a family of Nazi resisters.
He wants to police the internet and put criminal penalties on internet and other technological companies that will not do as the government wants
He called Donald Trump "that blonde lunatic named Donald".
He has the right to select the priest for his parish, fact.
He is a seriosly inbread thing.
Long live Bitcoin and freedom
... and more pointedly, the
https://bitcointalksearch.org/topic/m.11310706
This is why open sourcing all your code when you have unique technology is a bad idea. Someone will just take the code and implement their own solution. Better off treating your code as intellectual property. All these open source coins are inherently worthless from the perspective of all their "unique features" because big corporations will just rip off their ideas.
Yeah deciding on open sourcing your code on your coins is really a risk because any good developer or company may easily counter or delete and defeat you in the market using your own formula so everything must kept secret at allRipple was not launched fully open source guys.
They added open source code later over criticisms over crypto idealogy.
Which is now long gone.
And if you think about it.. since Ripple is a centralized company it makes no sense to open source their code.
They did though for one reason !
To appeal to the crowd here so they would buy the Ripple coins.
Don't forget they were shit & pissed on at launch and for years afterwards.
It's only now that they gained traction in the scene.. because the idiots here now are all scammy greedy inept dipshit losers.
A bunch of open mouthed drooling nitwit Investards.
And THEY FUCKING LOVE IT !
Ripple is happy as a pig in shit.. because of the market price of their coin and the free coins all the fancy CEO / CTFO and advisers got on ICO Premined shitcoin launch.
I'd actually rank this bullshit as much worse than LEO COIN.
At least LEO was a mined and far less premined coin etc.
Ripple is scam central and i would never own any of their shitcoins.. no matter how many exchanger ROI'z i get.
Karl-Theodor_zu_Guttenberg a German aristocrat who is a proven fraud.
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
Uhmm craziest name in history ?
So ? NAZI community coin take over ?
Oh shit son !
I'm hiding under my bed until this blows over
Seriously though..
What i envision is the cops comin'
The bigger this gets the more attention it will get from 3 letter agencies.
Yes i mean over and above the existing tax guidelines that have been instituted already for years.
There is simply far too much money being thrown around with no accountability.
I heard of an exchange today that lost 14+ million dollars and they acted like they didn't even care.
They said it ate into their profits.
Uhmmm ?
This shit is getting silly stupid big time.
..and i can't wait to see the fucking blood bath.
I will eat popcorn until i puke !
The University of Bayreuth, which awarded him a Ph.D. in 2006, ruled he had "extensively violated academic standards and intentionally cheated."
Since the plagiarism scandal he lives in exile in the wealthy New York suburb of Greenwich.
He can point to a family of Nazi resisters.
He wants to police the internet and put criminal penalties on internet and other technological companies that will not do as the government wants
He called Donald Trump "that blonde lunatic named Donald".
He has the right to select the priest for his parish, fact.
He is a seriosly inbread thing.
Long live Bitcoin and freedom
This is why open sourcing all your code when you have unique technology is a bad idea. Someone will just take the code and implement their own solution. Better off treating your code as intellectual property. All these open source coins are inherently worthless from the perspective of all their "unique features" because big corporations will just rip off their ideas.
Yeah deciding on open sourcing your code on your coins is really a risk because any good developer or company may easily counter or delete and defeat you in the market using your own formula so everything must kept secret at all Karl-Theodor_zu_Guttenberg a German aristocrat who is a proven fraud.
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
Uhmm craziest name in history ?
So ? NAZI community coin take over ?
Oh shit son !
I'm hiding under my bed until this blows over
Seriously though..
What i envision is the cops comin'
The bigger this gets the more attention it will get from 3 letter agencies.
Yes i mean over and above the existing tax guidelines that have been instituted already for years.
There is simply far too much money being thrown around with no accountability.
I heard of an exchange today that lost 14+ million dollars and they acted like they didn't even care.
They said it ate into their profits.
Uhmmm ?
This shit is getting silly stupid big time.
..and i can't wait to see the fucking blood bath.
I will eat popcorn until i puke !
Karl-Theodor_zu_Guttenberg a German aristocrat who is a proven fraud.
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
His full name is, Karl-Theodor Maria Nikolaus Johann Jakob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg.
The "von und zu" reveals his lineage, while Freiherr means "baron".
By the way..
If you looked at the link i posted for the giveaway you would see in the very first post..
SO..
How did that guy claim he got 35,000 coins ?
Maybe he was an employee or bounty collector back then or something.
His comment does not hold up to scrutiny.
I'm telling ya guys.. these are slimey ass fraud's.
Want to get in bed with "Big Banks" and their centralized corporate coin ?
Go for it.. i won't.
I know this was not about a giveaway though so i don't want to keep harping on it.
I value morality over profits.
So when i see a coin "team" pay themselves then act shady all over crypto for years.. then yeah..
I think "they are in trouble".
Even if they are on their best behavior for now on i think their sketchy past and poorly thought out future plans will eventually unravel.
I don't see any point to this shit coin.. so yeah i see a problem with it.
They know though if they are persistent they will get your money.
All you have to do is launch some crypto scheme then keep pushing it..
Eventually a newer generation of crypto users will show up and lap it up.
Assuming that if it's been around a long time it must be legit.
Hell look at Ethereum.. the no. 2 coin in crypto is a proven scam.
If that doesn't showcase how corrupt and scammy all this shit is then i don't know what will.
When the crowd values ETH at $228 it tells me loud & clear morality is long dead & gone.
The greed machine is running in full force and is unstoppable unless the cops come.
Or.. FiNCEN.
If you looked at the link i posted for the giveaway you would see in the very first post..
Quote
We are currently giving 1,000 XRP to anyone who claims. This amount will decrease over the course of the giveaway.
SO..
How did that guy claim he got 35,000 coins ?
Maybe he was an employee or bounty collector back then or something.
His comment does not hold up to scrutiny.
I'm telling ya guys.. these are slimey ass fraud's.
Want to get in bed with "Big Banks" and their centralized corporate coin ?
Go for it.. i won't.
I know this was not about a giveaway though so i don't want to keep harping on it.
I value morality over profits.
So when i see a coin "team" pay themselves then act shady all over crypto for years.. then yeah..
I think "they are in trouble".
Even if they are on their best behavior for now on i think their sketchy past and poorly thought out future plans will eventually unravel.
I don't see any point to this shit coin.. so yeah i see a problem with it.
They know though if they are persistent they will get your money.
All you have to do is launch some crypto scheme then keep pushing it..
Eventually a newer generation of crypto users will show up and lap it up.
Assuming that if it's been around a long time it must be legit.
Hell look at Ethereum.. the no. 2 coin in crypto is a proven scam.
If that doesn't showcase how corrupt and scammy all this shit is then i don't know what will.
When the crowd values ETH at $228 it tells me loud & clear morality is long dead & gone.
The greed machine is running in full force and is unstoppable unless the cops come.
Or.. FiNCEN.
butbutbut ... they have such a handsome
https://ripple.com/insights/karl-theodor-zu-guttenberg-joins-ripple-labs-advisory-board/
https://ripple.com/company/advisors/
https://en.wikipedia.org/wiki/Karl-Theodor_zu_Guttenberg
By the way..
If you looked at the link i posted for the giveaway you would see in the very first post..
SO..
How did that guy claim he got 35,000 coins ?
Maybe he was an employee or bounty collector back then or something.
His comment does not hold up to scrutiny.
I'm telling ya guys.. these are slimey ass fraud's.
Want to get in bed with "Big Banks" and their centralized corporate coin ?
Go for it.. i won't.
I know this was not about a giveaway though so i don't want to keep harping on it.
I value morality over profits.
So when i see a coin "team" pay themselves then act shady all over crypto for years.. then yeah..
I think "they are in trouble".
Even if they are on their best behavior for now on i think their sketchy past and poorly thought out future plans will eventually unravel.
I don't see any point to this shit coin.. so yeah i see a problem with it.
They know though if they are persistent they will get your money.
All you have to do is launch some crypto scheme then keep pushing it..
Eventually a newer generation of crypto users will show up and lap it up.
Assuming that if it's been around a long time it must be legit.
Hell look at Ethereum.. the no. 2 coin in crypto is a proven scam.
If that doesn't showcase how corrupt and scammy all this shit is then i don't know what will.
When the crowd values ETH at $228 it tells me loud & clear morality is long dead & gone.
The greed machine is running in full force and is unstoppable unless the cops come.
Or.. FiNCEN.
If you looked at the link i posted for the giveaway you would see in the very first post..
Quote
We are currently giving 1,000 XRP to anyone who claims. This amount will decrease over the course of the giveaway.
SO..
How did that guy claim he got 35,000 coins ?
Maybe he was an employee or bounty collector back then or something.
His comment does not hold up to scrutiny.
I'm telling ya guys.. these are slimey ass fraud's.
Want to get in bed with "Big Banks" and their centralized corporate coin ?
Go for it.. i won't.
I know this was not about a giveaway though so i don't want to keep harping on it.
I value morality over profits.
So when i see a coin "team" pay themselves then act shady all over crypto for years.. then yeah..
I think "they are in trouble".
Even if they are on their best behavior for now on i think their sketchy past and poorly thought out future plans will eventually unravel.
I don't see any point to this shit coin.. so yeah i see a problem with it.
They know though if they are persistent they will get your money.
All you have to do is launch some crypto scheme then keep pushing it..
Eventually a newer generation of crypto users will show up and lap it up.
Assuming that if it's been around a long time it must be legit.
Hell look at Ethereum.. the no. 2 coin in crypto is a proven scam.
If that doesn't showcase how corrupt and scammy all this shit is then i don't know what will.
When the crowd values ETH at $228 it tells me loud & clear morality is long dead & gone.
The greed machine is running in full force and is unstoppable unless the cops come.
Or.. FiNCEN.
That's your opinion, not mine. Trouble is because trader not disciplines, too high take profit and never use stop loss. Every altcoin have different supply, demand ad speculation, of course, they have their own rules. We just follow them, simple meaning is they create market and we follow market. Depend your analyze if ripple is in major trouble you should stop buying their coin and replace your money into another altcoin, that's simple bro. Every altcoin has risk and profit, be careful with your money. Have a nice day.
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