Topic: Ripple vs Bitcoin? Decentralize vs Centralize, Who win? (Read 852 times)

The race against centralization versus decentralization will always be won and has always been won by the realization because it increases the security as no one corporation owns the regulation ad price value of the coin so bitcoin will win at a price

Exactly. That was the main purpose why blockchain was introduced with Bitcoin in the first place. Nakamoto wanted to create a system which eliminates the middleman or central control, to give the power back to the people. As such, the first ever application of the blockchain was in a decentralized manner called Bitcoin. Taking out the true value proposition of the blockchain such as decentralization and immutability, one would create a system that is easily manipulated by third parties with a single point of failure. Ripple is one good example of a centralized system, which makes it no different than fiat currencies controlled by central banks and governments.

On the other hand, decentralized cryptocurrencies will tend to become stronger and resilient against external attacks over time, because people support them. Since they're permission-less systems, anyone can join or leave the network at will without the authorization of a central authority or even a company like Ripple does. Therefore, decentralized cryptocurrencies will always win, as they experience constant demand by everyday individuals from anywhere on Earth, while centralized "cryptocurrencies" will fail in the future. Just my thoughts

The main aim of blockchain is decentralization in every respect. People who truly believe in this technology will always go for the most decentralised coin, which is bitcoin. Centralization and pure manipulation take crypto back to the level of fiat.

It's definitely bitcoin win because they have many proof that bitcoin is a good investment.  Both is good investment and even ripple gives you high profit in the future. But if we talkinga about the profit ripple can hives you more money because of the cheaper price. They have both advatange but bitcoin is stronger than the ripple.

I'll go with Bitcoin. Bitcoin is decentralized, decentralization is one of the biggest special feature of cryptocurrency, because in decentralization, the manipulation is lesser, it is peer to peer also. But in centralized, there is someone who owned it, it is vulnerable for manipulation. That's why I am not a fan of Ripple, Bitcoin all the way for me.

wow it is more than strange to see ripple in here, i think that there is no one buying that coin anymore, why there would be enough reasons to see it winning this fight? lol

Same. There's no point in using a centralized cryptocurrency, since it will be subject to the same failures and issues inherent within centralized institutions like banks. As such, I would prefer Bitcoin over Ripple for many daily transactions, and I'm sure many would agree with me here. Since Bitcoin is decentralized, no one controls it, which adds a greater level of security and reliability than Ripple itself. Also, Bitcoin has a deflationary model (unlike Ripple) which promotes greater scarcity and value over time.

Therefore, I believe that in the end, decentralized cryptocurrencies will win as it gathers the favor of many people around the world, while centralized systems like Ripple would fail in the long run. Blockchain was created for eliminating the middleman in the first place, and that's only achieved with true decentralization. Just my thoughts

I just don't get it or understand why someone would buy a centralized coin. Isn't the wonderful and unique thing about bitcoin and cryptocurrency is being decentralized? I just don't see the point at all and it contradicts the main goal of cryptocurrency. I will still pick bitcoin and will never buy ripple no matter how high and how big the profit it will give.

Now quite often you can see the competition between centralized coins and no. Even eos struggles with such a problem, another thing and how the technology itself will live if all coins are transferred to a centralized basis. Whether we will be able to receive the same profit due to volatility.

Of course Bitcoin will win. This is much more interesting and promising coin. I do not understand why you even compare these two projects. Bitcoin is the king of crypto.

I do not think that there is a battle among btc and ripple, secondly one thing needs to be clreared and that is ripple is also a cryptocurrency based on decentralized blockchain technology so we cannot say it is the opposite of what btc is, the difference is just that the team behind ripple controls significant supply of ripple and they run it like a corporation or a company and i do not think it is a bad thing, i think with this model they can find more partnerships globally and can provide services to wider audience.

Exactly. I believe that there would be no use for Ripple in the long term, as people would prefer to make transfers on a decentralized and fair system for all. Since Ripple is centralized, it's very similar to a bank or financial institution. As such, people would have to trust a single entity for the protection of their funds. Therefore, this is against the blockchain's true value proposition which is meant to be immutable, and independent from any middleman or third party.

On the other hand, decentralized cryptocurrencies like Bitcoin and Ethereum will win over the long term, because people won't need to trust a single entity for the protection of their funds. They can join or leave the network at will, as well as be able to virtually "print money", by securing the cryptocurrency with their computing power. This approach enables anyone to participate on the network, without trusting a middleman, allowing the cryptocurrency to become free against external manipulation by corporations, banks, governments and/or other entities.

In the end, Bitcoin will always remain on top of Ripple no matter what since it's the cryptocurrency who brought us the blockchain technology. Being the first mover in such trend, will give it an advantage over most cryptocurrencies we know and love today for years to come. And since Ripple has the most "XRP" tokens under their control, they can do whatever they desire with its price, network, and more. Just my thoughts

the winner is the fair system,, wich mean decentralize will be the winner mate, and bitcoin is the winner
and why wee need ripple, if all financial system in this world already use centralize ?

I think ripple is not feasible when compared with bitcoin. because decentralization is an important factor in a crypto and it is available in bitcoin. so bitcoin remains a winner and until whenever a ripple will not be able to be the best crypto if he is not decentralized.

Exactly. Ripple is what is called a "Distributed Ledger" and not a "Blockchain" as the company claims it to be. As far as I'm aware of, validators (or nodes) within the Ripple network are authorized by the company itself. Given that there are only a few validators on the network (when compared to major cryptocurrencies like Bitcoin and Ethereum), it makes the XRP “cryptocurrency" extremely centralized. Not to mention, the Ripple company owns the majority of XRP tokens on the network. As such, they can do whatever they desire with the network such as confiscating user's funds, freezing assets, and more. Also, it would be prone to external manipulation from governments and banks alike.

On the contrary, Bitcoin provides freedom, and anyone can join or leave the network at will. No single entity owns the network, and the cryptocurrency itself is protected and supported by its users. This is called decentralization, and it could prevail over centralized systems like Ripple in the long term, if people around the world adopt Bitcoin and other cryptocurrencies at a greater level. Therefore, I believe that decentralized cryptos like Bitcoin will always win over centralized ones like Ripple. People would want to transact in a cryptocurrency free from third-party interference to gain control over their funds. And that's exactly what Bitcoin offers compared to FIAT or other centralized financial institutions we know today. Just my opinion

I think no because most of the people wanted a decentralized system on which bitcoin can runs and possibly can help many people. Bitcoin also have a technology on which is become more better than ripple and didn't control by any person. Even the bitcoin is not yet popular this time because of its decentralized system but maybe later it was become adopted in all over the world that can process any transaction and make it secure. The community is also have a chance to make this coin valuable without a control or manipulated by some people due to its decentralized system because all members of the community affects the price of it and no one managing it.

The best products with the best overall experiences and qualities are those that win. The best products are built by the best people. The best people go where there’s enough money and grow where there’s the best story about the future. And one thing is sure, the world of open source and decentralized systems that are being built today are, in fact, a bright hope for the future. Blockchains and tokens are changing everything.

i think its not seriously pool
bitcoin is king, and ripple is only for transfers :/ i think  in 01.2019 when market cap will down 400-500 BLN$. some people will use Ripple, Same BCH, dogecoin, bytecoin, Dash, for fast withdraw. becouse BTC is not fast crypto in bull run.

Ripple is a very interesting coin in this market. I heard about crypto market by means of ripple. Ripple is very different from others. I think btc will win this war.

When it comes to that of comparing a decentralized currency with that of the centralized currency, then it is decentralized currency which takes the lead over it as this is the new concept and that the people are more interested towards it. It is because of the reason that they don’t have to pay any kind of taxes and that there is no one who has control over any of these coins and you are free to do anything.