Topic: Ripple Ledger Can Sustain 1000 Transactions per Second - page 2. (Read 1761 times)

I'm not sure why you're asking on this thread. But you should specify how you want to sell (online? in person? for cash?) and where you are located. In the United States, to sell for cash wired into your bank account, coinbase is excellent. To sell for cash in person or for things like Amazon gift cards, look at localbitcoins.

whats the best site to sell bitcoin

Ripple's technology can. The test used geographically diverse validators. The validators could have been operated by any combination of organizations. A live, decentralized network would have reached almost exactly the same limits.

Unlike mining, the consensus process isn't significantly affected by the number of transactions per second. Validators propose groups of transactions by the hash of the tip of the Merkle tree that includes them and other validators do not have the perverse incentive of gaining a benefit by locking out other validators.

That's not really an apples to apples comparison. Sure, if you don't want a decentralizable, public ledger system then you can build private, inherently centralized systems that are faster. I don't think we'll see, for example, high-frequency trading on a decentralized public ledger in the foreseeable future.

Also, if you're going to compare Ripple to systems like VISA, you should compare Ripple with the additional layers that scale it such as payment channels. And when you look at scaling, it's essentially a multiplication of the base ledger's capability -- and it matters what number you're multiplying.

But I also think there's another point that's important. Nobody needs 1,000 transactions on a public ledger today. When you have way more performance than you need, you can trade it for other things that you do need.

I don't see a point here, 1000 transaction per second is not world record or anything. Bitcoin is much slower, true, but bitcoin has store value potential Ripple hasn't.

Centralized online money payment processors have much more capabilities than mere 1000 tx/s. VISA has a peak capacity of around 56,000 transactions per second, beat that first.

Just a nice update. I didn't know about WBB, that's nice.

I wouldn't call one post in the alt coin section spamming the message board. Ripple itself isn't even all over the internet so I doubt this update is.

WBB can hit 10k per second lol what's your point?

One use case could be the interoperable ledger between several bank's own centralized ledgers without a digital asset when sending each other value more efficiently while cutting cost at the same time.

Nah, but I understand your theory, that's pretty much this site's history.

Ripple still has 62 billion tokens to sell at their discretion. I do have XRP's but not selling them in the foreseeable future.

Dogecoin lol

Dash is sorta like Ripple, in this respect, ig u look at the UNL for ripple and centralised servers of dash...i feel how to be a dash processor is much clearer and fair.

how to be a UNL??

I have these theory, I think he opens this thread to attract more interest in the project and dump his token and exit his position. I don't understand why people do trade this coin because it is against what crypto stands for. I can see another dogecoin in making here.

Crap as an investment, but may have other possible uses.

What do you think these uses might be?

But how does it attain consensus? No real decentralized platform can reach that at the present technology we have on blockchains and distributed ledgers. Mining1 is right it is centralized. It is not the same banana with many of the cryptocoins here.

Still centralized. Even if it has some successes, it won't translate into profit for investors. So only the ripple company and those who use their services wins, therefore i don't see an incentive to invest in it.

Ledger Can Sustain 1000 Transactions per Second

https://ripple.com/xrp-portal/xrp-resources/ripple-consensus-ledger-can-sustain-1000-transactions-per-second/

Before you reply, we all know your hatred of ripple and why you think it's just a waste of time and energy.

Cheers!