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Topic: Ripple Vs NEO - page 14. (Read 1719 times)

sr. member
Activity: 2632
Merit: 328
January 20, 2018, 11:10:26 AM
#49
And still, they can't just arbitrarily increase the supply without people jumping off.


Centralization is not just about who owns most coins, but also who owns most mining power...obviously
you didn''t even care to read his link
hero member
Activity: 1358
Merit: 834
January 20, 2018, 11:06:51 AM
#48
And still, they can't just arbitrarily increase the supply without people jumping off.
member
Activity: 462
Merit: 17
January 20, 2018, 11:06:20 AM
#47
Hi all, Does anyone know who is controlling the Ripple and NEO?
But, According to the information I heard:
Ripple controlled Bank, Banker "Bankster",
Meanwhile, the NEO "Pro Chinese Government" coins are released china.
If they compete, which one wins? ...
probably win the friendship. Smiley
there is a meaning to buy one and the other coin. and wait for excellent X. and make money.
hero member
Activity: 1358
Merit: 834
January 20, 2018, 11:05:02 AM
#46
There is no comparison between the two. One is a blockchain protocol and the other is a non-cryptocoin.
XRP has a blockchain. It just happens to be centralized.

Millionaire laflaire please read this

https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/




You can't decentralize Ripple when the vast majority of coins is held by a single company.
sr. member
Activity: 1099
Merit: 267
sr. member
Activity: 1099
Merit: 267
January 20, 2018, 11:04:03 AM
#44
There is no comparison between the two. One is a blockchain protocol and the other is a non-cryptocoin.
XRP has a blockchain. It just happens to be centralized.

Millionaire laflaire please read this

https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/



hero member
Activity: 1358
Merit: 834
January 20, 2018, 10:58:47 AM
#43
There is no comparison between the two. One is a blockchain protocol and the other is a non-cryptocoin.
XRP has a blockchain. It just happens to be centralized.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
January 20, 2018, 10:50:13 AM
#42
if compared ripple and neo, both is good and this is a different concept
Neo is platform concept and Ripple is the bank concept.
sr. member
Activity: 2632
Merit: 328
January 20, 2018, 10:47:46 AM
#41
i would choose neo rather that ripple..ripple is not an alts anymore, it is controlled by banks  Grin

Its NOT controlled by banks...bank have to buy is to own it...but what prevent banks from buying BTC?

Start using brain and logic


I see generally 2 incomparable projects, these both coins are  from portfolio,but future of NEO seems more clear than Ripple. сhinese NEO has a big chances to move Ethereum and devide the smart contract market. I guess  it would be clearer this year.
ABout ripple - I still don't understand , why it gained in the price so much , but in the case with Ripple there is high risk to lose this  value as fast as it was gained. yes, transaction are fast, when i transfered from githab to bittrex it took 20 second  Shocked  really impressive, but future is misty.



Please, try to read whole thread before stating wrong facts. Ripple already has smart contracts, too, and they stated their intent to competen in that area, too

See, you can even dlownload code and be the first guy making ICO on their network:

https://github.com/codius/codius/wiki/Smart-Oracles:-A-Simple,-Powerful-Approach-to-Smart-Contracts#contract-apis
sr. member
Activity: 2632
Merit: 328
January 20, 2018, 10:45:30 AM
#40
The big danger with Ripple is how much the developers own of it. See

https://www.cnbc.com/2018/01/16/why-ripple-is-not-cashing-out-its-xrp-holdings.html

Quote
Ripple owns about 60 billion of the 100 billion XRP created, giving it a market value -- based just on its holdings -- of close to $80 billion.

The company's revenue is unknown, although CEO Brad Garlinghouse told CNBC that some banks are paying the company millions of dollars for its software. Regardless, $80 billion is far ahead of where any reasonable investor would value the company.

Ripple has placed limitations on how much XRP it can sell each month to remove the concern that it will suddenly flood the market with tokens. The company placed 55 billion of its XRP in a "cryptographically-secured" escrow account and can release up to 1 billion every month. Ripple has never come close to selling that amount in a month and said in December that it's averaged selling 300 million XRP a month since mid-2016.

By selling a tiny fraction of its holdings each month, the company brought in over $90 million in the first three quarters of 2017.

So Ripple is slowly selling it's stash - and they probably took advantage of the recent pump to offload some more. 


Its a blockchain...with blockchain explorer...any mildly educated man could go and check for himself, instead saying "probably"
hero member
Activity: 1358
Merit: 834
January 20, 2018, 10:32:42 AM
#39
APPLES VS ORANGES
Orange juice >
Apples >
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 20, 2018, 10:31:39 AM
#38
They won't compete because they're different things. Ripple is a currency type coin, while NEO is more of an ICO/token platform like Ethereum.

I think Ripple stated that they see ETH as main competitor, and announced entering smart contracts segment

https://www.quora.com/What-are-smart-contracts-and-how-does-Ripple-use-them/answer/Stefan-Thomas-1?srid=5Ojt6
It's too late, Because when competitor goes to another level and ripple still prepared its own smartcontract. When ethereum will come with sharding blockchain system and it can become potential competitor to the ripple platform as open payment platform. But it looks competition between ripple and ethereum is really strict.
sr. member
Activity: 1099
Merit: 267
January 20, 2018, 10:29:57 AM
#37
APPLES VS ORANGES
member
Activity: 280
Merit: 16
January 20, 2018, 10:20:21 AM
#36
I see generally 2 incomparable projects, these both coins are  from portfolio,but future of NEO seems more clear than Ripple. сhinese NEO has a big chances to move Ethereum and devide the smart contract market. I guess  it would be clearer this year.
ABout ripple - I still don't understand , why it gained in the price so much , but in the case with Ripple there is high risk to lose this  value as fast as it was gained. yes, transaction are fast, when i transfered from githab to bittrex it took 20 second  Shocked  really impressive, but future is misty.

newbie
Activity: 4
Merit: 0
January 20, 2018, 10:07:13 AM
#35
i would choose neo rather that ripple..ripple is not an alts anymore, it is controlled by banks  Grin
sr. member
Activity: 560
Merit: 250
January 20, 2018, 10:02:03 AM
#34
In my opinion, you can not compare Ripple with Neo since both have a different purpose and function. From what I know, NEO is like the Chinese ethereum while Ripple is a centralized blockchain for bank
sr. member
Activity: 1099
Merit: 267
January 20, 2018, 09:55:01 AM
#33
https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/


Earlier this year, we committed to placing 55 billion XRP in a cryptographically-secured escrow account to create certainty of XRP supply at any given time. As promised, today we completed the lockup.

By securing the lion’s share of XRP in escrow, people can now mathematically verify the maximum supply that can enter the market. While Ripple has proved to be a responsible steward of XRP supply for almost five years – and has clearly demonstrated a tremendous track record of investing in and supporting the XRP ecosystem – this lockup eliminates any concern that Ripple could flood the market, which we’ve pointed out before is a scenario that would be bad for Ripple!

This move underscores Ripple’s commitment to building XRP liquidity and a healthy and trusted market. Long term, the value of digital assets will be determined by their utility. XRP has emerged as the only digital asset with a clear institutional use case designed to solve a multi-trillion dollar problem – the global payment and liquidity challenges that banks, payment providers and corporates face.

Unlike other digital assets purely driven by unexplained speculation, real institutional customers are already using and finding value in XRP, and governments, regulators and central banks are increasingly recognizing the role it could play in the global system.

XRP goes beyond what Bitcoin does well — a store of value — and delivers transaction speed and throughput that is orders of magnitude faster than BTC or ETH. While other digital assets continue to bump against their transaction limits, XRP remains the fastest, most efficient and most scalable digital asset in the world – making it the best digital asset for payments. It’s no surprise that institutions are looking to XRP to provide much-needed on-demand liquidity for cross-border payments.

The Escrow feature in the XRP Ledger allows parties to secure XRP for an allotted amount of time or until specific conditions are met. For example, Escrow allows a sender of XRP to put conditions on exactly when a payment can be completed, so the payment remains cryptographically locked until the due date.

We use Escrow to establish 55 contracts of 1 billion XRP each that will expire on the first day of every month from months 0 to 54. As each contract expires, the XRP will become available for Ripple’s use. You can expect us to continue to use XRP for incentives to market makers who offer tighter spreads for payments and selling XRP to institutional investors.

We’ll then return whatever is unused at the end of each month to the back of the escrow rotation. For example, if 500M XRP remain unspent at the end of the first month, those 500M XRP will be placed into a new escrow account set to expire in month 55. For comparison, Ripple has sold on average 300M XRP per month for the past 18 months.

Ripple’s vision remains the same – to enable the Internet of Value in which money moves like information moves today – and XRP is at the heart.
sr. member
Activity: 1099
Merit: 267
January 20, 2018, 09:53:08 AM
#32
The big danger with Ripple is how much the developers own of it. See

https://www.cnbc.com/2018/01/16/why-ripple-is-not-cashing-out-its-xrp-holdings.html

Quote
Ripple owns about 60 billion of the 100 billion XRP created, giving it a market value -- based just on its holdings -- of close to $80 billion.

The company's revenue is unknown, although CEO Brad Garlinghouse told CNBC that some banks are paying the company millions of dollars for its software. Regardless, $80 billion is far ahead of where any reasonable investor would value the company.

Ripple has placed limitations on how much XRP it can sell each month to remove the concern that it will suddenly flood the market with tokens. The company placed 55 billion of its XRP in a "cryptographically-secured" escrow account and can release up to 1 billion every month. Ripple has never come close to selling that amount in a month and said in December that it's averaged selling 300 million XRP a month since mid-2016.

By selling a tiny fraction of its holdings each month, the company brought in over $90 million in the first three quarters of 2017.

So Ripple is slowly selling it's stash - and they probably took advantage of the recent pump to offload some more. 



Ohhhh come on please stop this nonsense once and for all. Thats  very very poor

https://ripple.com/dev-blog/explanation-ripples-xrp-escrow/

To provide additional predictability to the XRP supply, Ripple has locked 55 billion XRP (55% of the total possible supply) into a series of escrows. These escrows are on the ledger itself and the ledger mechanics, enforced by consensus, control the release of the XRP.

The escrow consists of independent on ledger escrows that release a total of one billion XRP each month over the next 55 months. This provides an upper limit on the amount of new XRP that can be brought into circulation. The amount of XRP actually released into circulation will likely be much less than this. Any additional XRP leftover each month will be placed into a new escrow to release in the first month in which no escrow currently releases.

During the process of moving Ripple’s XRP into escrow, we also changed our account security model. The XRP Ledger supports a native multisign scheme and Ripple secured the accounts the escrows release into using this scheme.

The multisignature scheme has numerous advantages over the schemes other ledgers use. For example, the signers or quorum can be changed without changing the receiving address. Individual signers can rotate their own credentials without disturbing the funds on the ledger.

Ledger Mechanics

The XRP Ledger’s escrow system is designed to handle two use cases. The one that gives it its name is its ability to lock funds on the ledger subject to release to one of two accounts depending on whether a particular condition occurs by a particular time. This supports Interledger transactions or cross-ledger atomic swaps.

The escrow system consists of three types of transactions and one type of ledger entry. Escrows are created with an “EscrowCreate” transaction. This creates the “Escrow” ledger entry. An escrow can then be either cancelled or finished with an “EscrowCancel” or an “EscrowFinish” transaction.

If an escrow is successfully finished, it delivers the XRP held to its destination account. If the escrow is cancelled, it delivers the XRP back to the source account. A ledger can have a date before which it cannot be cancelled, a date before which it cannot be finished, and a condition which must be satisfied to permit it to be finished.

An escrow as a time lock several different ways, but the simplest one is to create an escrow that cannot be cancelled, cannot be finished before a particular date, and requires no additional condition to finish. For simplicity, the destination account can be set to be identical to the source account.

On the ledger, an “Escrow” entry has a source account, a destination account, and an XRP amount. It is considered owned by the account that created it and increases the required XRP reserve for that account until it is completed or cancelled. Escrow entries can optionally have a cryptocondition that must be satisfied to finish the escrow, a date before which it cannot be cancelled, and a date before which it cannot be completed.

Escrows can also have source and destination tags. Source and destination tags on the XRP Ledger provide a uniform and reliable way to support hosted accounts where an agent (such as an exchange) performs a transaction on behalf of its customer. The destination tag informs the recipient of which customer to credit. The source tag permits a payment to be refunded and the refund to be credited to the proper customer. This permits exchanges (or hosted wallet providers) to perform and receive escrowed payments on behalf of their customers.

While the escrow is currently being used to provide more predictability to the XRP supply, Ripple expects that escrow will increasingly be used for higher-value, on-ledger and cross-ledger atomic payments using the Interledger Protocol. The XRP Ledger also provides payment channels for lower-value, off-ledger payments and micropayments.
sr. member
Activity: 420
Merit: 250
January 20, 2018, 09:51:58 AM
#31
At least NEO has decentralization on the roadmap whereas as far as I am aware, ripple has always intended to be a centralized currency.

This is right but on the other hand ripple is not a competitor of neo Project. Neo is similar to qtum, ethereum and other blockchains. Ripple is a payment processor, so called. So never mix them with each other.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
January 20, 2018, 09:47:41 AM
#30
The big danger with Ripple is how much the developers own of it. See

https://www.cnbc.com/2018/01/16/why-ripple-is-not-cashing-out-its-xrp-holdings.html

Quote
Ripple owns about 60 billion of the 100 billion XRP created, giving it a market value -- based just on its holdings -- of close to $80 billion.

The company's revenue is unknown, although CEO Brad Garlinghouse told CNBC that some banks are paying the company millions of dollars for its software. Regardless, $80 billion is far ahead of where any reasonable investor would value the company.

Ripple has placed limitations on how much XRP it can sell each month to remove the concern that it will suddenly flood the market with tokens. The company placed 55 billion of its XRP in a "cryptographically-secured" escrow account and can release up to 1 billion every month. Ripple has never come close to selling that amount in a month and said in December that it's averaged selling 300 million XRP a month since mid-2016.

By selling a tiny fraction of its holdings each month, the company brought in over $90 million in the first three quarters of 2017.

So Ripple is slowly selling it's stash - and they probably took advantage of the recent pump to offload some more. 
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