XRP is the most scalable of the top five crypto-currencies; not even close

Hodor7777

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It’s easy to confuse what is with what ought to be

Quote from: nakata90 on August 08, 2017, 01:05:52 AM

Quote from: Pele Legend on August 07, 2017, 05:02:34 AM

Is XRP related to value in China?

No, not have more holder Ripple from China, as per my understand the altcoin have many holder from China is Antshare, Litecoin, Ethereum Classic, maybe Stellar in this list too.

If I'm answering the question honestly, I don't think XRP has penetrated the Chinese market to any great extent - or India for that matter! These are two massive markets that could drive value easily into the dollars in themselves when crypto gains traction.

Yes, I know Bitcoin is big in China, but India has yet to see significant levels of adoptions, IMO. And XRP has yet to see adoption in both those markets!

But when that happens.... Wink

nakata90

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Quote from: Pele Legend on August 07, 2017, 05:02:34 AM

Is XRP related to value in China?

No, not have more holder Ripple from China, as per my understand the altcoin have many holder from China is Antshare, Litecoin, Ethereum Classic, maybe Stellar in this list too.

Lillian89

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It’s a heady topic, and XRP’s performance metrics are so sexy in the other areas that bankers and financial institutions focus on. Before I talk about block size, if you haven’t seen the head-to-head comparison between XRP and the other two of the “top three” crypto-currencies

pikebu

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Yes XRP is the most scalable of the top five crytos currencies due to the funtions of XRP will be used for digital asset become payment method especially for remittance business, in the future xrp will be adopted by the Banks around the world, it will be save the cost sending transaction than use traditional method like Swift, XRP has good future to investing into it.

Pele Legend

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Is XRP related to value in China?

DRogers

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the XRP Ledger is able to support 1,500 transactions per second as of the latest benchmark test, and Ripple is working to scale it further.

Higginbotham

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This is why XRP fans don’t really focus on block size and discuss the fact that “proof-of-work” consensus networks like Bitcoin will always be hamstrung by having to haul all of their transactions around to every node on the network; the other metrics like speed and throughput are much more easy to convey to listeners – and they speak volumes!
Generally, I’ve talked about how Bitcoin and Ethereum “mining” are incredibly bad for the environment here, and how mining will impact the scalability limits of those two networks; however there’s another symptom of a diseased crypto-currency that will eventually make itself known, and that’s the absolute limitation of how big each block can be.

MemberBerries

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Quote from: fatlever on August 06, 2017, 10:39:57 PM

Quote from: Hodor7777 on August 05, 2017, 12:04:34 PM

I discuss scalability in my latest blog entry here:

https://xrphodor.wordpress.com/2017/08/05/scalability-will-reveal-xrp-as-the-premier-international-digital-asset/

Feel free to leave feedback or share / link to my blog.

Of course XRP is is much much much more scalable. Bitcoin has to do Proof-of-Work, confirmations of blocks across the network where the entire blockchain is retained to achieve a decentralized and immutable system. XRP is completely centralized where Ripple the Company decides if you can become a validator on their network or not. Then you trust these validtors and ultimately Ripple with these transactions. You trust Ripple doesn't increase the supply of XRP. A lot hinges on Ripple. Hell, they have 60 Billion XRP and you trust that they don't flood the market. The founder himself has billions in XRP and he's allowed to sell a couple billion every year for the next few years I think.

Yeah XRP scales much better than Bitcoin but what does that have to do with the price of eggs in China?

Your arguments are invalid. Please educate yourself you lemming

fatlever

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Quote from: Hodor7777 on August 05, 2017, 12:04:34 PM

I discuss scalability in my latest blog entry here:

https://xrphodor.wordpress.com/2017/08/05/scalability-will-reveal-xrp-as-the-premier-international-digital-asset/

Feel free to leave feedback or share / link to my blog.

Of course XRP is is much much much more scalable. Bitcoin has to do Proof-of-Work, confirmations of blocks across the network where the entire blockchain is retained to achieve a decentralized and immutable system. XRP is completely centralized where Ripple the Company decides if you can become a validator on their network or not. Then you trust these validtors and ultimately Ripple with these transactions. You trust Ripple doesn't increase the supply of XRP. A lot hinges on Ripple. Hell, they have 60 Billion XRP and you trust that they don't flood the market. The founder himself has billions in XRP and he's allowed to sell a couple billion every year for the next few years I think.

Yeah XRP scales much better than Bitcoin but what does that have to do with the price of eggs in China?

White sugar

legendary

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Don't feed the trolls

Hodor7777

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It’s easy to confuse what is with what ought to be

Quote from: sylance on August 06, 2017, 02:20:47 PM

OMG, I really hope this post is a troll post. To make an argument on a totally unrelated point and then use absurd logic is head scratching.

Memberberries indicated it was a troll post to get people to click on the thread hyperlinks in his own self-moderated thread.

I have no idea what his motivation is.

sylance

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Quote

lol, here get some facts into you

Science, provable, observable repeatable. A shadow can never under any circumstance be smaller than the object casting the shadow.

Now go back and cheer for your scam centralized broken database crap to earn your pay.

OMG, I really hope this post is a troll post. To make an argument on a totally unrelated point and then use absurd logic is head scratching.

Hodor7777

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It’s easy to confuse what is with what ought to be

Quote from: MemberBerries on August 06, 2017, 03:31:26 AM

I would be careful clicking links posted by user BAe. He often posts malicious links over butthurttalk. There is no need to argument with this guy, he leads a self moderated thread, and deletes all answers and the debunks of his stupid and shameless lies.
I can list you more frequent 'Ripple' Bashers but they are always the same fuckfaces. Sorry for my language. But if you look trough baes history you will recognize the saltyness in his posts and in his life.
Hodor when you are interested i can send you every fuckface name so you can put them on mute

Well that explains it a bit!

It was almost like a "blast from the past" back in 2013 when some detractors were making "scam" allegations against XRP.

Now it's 2017 and 75 banks have implemented Ripple tech! Times change... for the good.

MemberBerries

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Quote from: Hodor7777 on August 05, 2017, 09:16:42 PM

Quote from: ðºÞæ on August 05, 2017, 06:44:48 PM

Quote from: Hodor7777 on August 05, 2017, 06:06:16 PM

Quote from: 25hashcoin on August 05, 2017, 05:31:35 PM

Quote

But increasing the block size doesn’t help Bitcoin rise to a level where they can support the number of payments of a truly international currency.

Stopped here. This is total nonsense claims backed by nothing. Research proves you can. Article debunked.

I have a profound respect for truth, objective facts, and science.

lol, here get some facts into you

Now go back and cheer for your scam centralized broken database crap to earn your pay.

Yeah, nice long article with a huge number of "facts" with no support. My God man, I don't know where to start with that link... I guess you are welcome to your opinions, which those clearly are.

Do you represent some sort of competing interest, or are you just heavily, heavily invested in something else and want to attack XRP for some reason?

I would be careful clicking links posted by user BAe. He often posts malicious links over butthurttalk. There is no need to argument with this guy, he leads a self moderated thread, and deletes all answers and the debunks of his stupid and shameless lies.
I can list you more frequent 'Ripple' Bashers but they are always the same fuckfaces. Sorry for my language. But if you look trough baes history you will recognize the saltyness in his posts and in his life.
Hodor when you are interested i can send you every fuckface name so you can put them on mute

Hodor7777

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Activity: 615

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It’s easy to confuse what is with what ought to be

Quote from: ðºÞæ on August 05, 2017, 06:44:48 PM

Quote from: Hodor7777 on August 05, 2017, 06:06:16 PM

Quote from: 25hashcoin on August 05, 2017, 05:31:35 PM

Quote

But increasing the block size doesn’t help Bitcoin rise to a level where they can support the number of payments of a truly international currency.

Stopped here. This is total nonsense claims backed by nothing. Research proves you can. Article debunked.

I have a profound respect for truth, objective facts, and science.

lol, here get some facts into you

Now go back and cheer for your scam centralized broken database crap to earn your pay.

Yeah, nice long article with a huge number of "facts" with no support. My God man, I don't know where to start with that link... I guess you are welcome to your opinions, which those clearly are.

Do you represent some sort of competing interest, or are you just heavily, heavily invested in something else and want to attack XRP for some reason?

ðºÞæ

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Quote from: Hodor7777 on August 05, 2017, 06:06:16 PM

Quote from: 25hashcoin on August 05, 2017, 05:31:35 PM

Quote

But increasing the block size doesn’t help Bitcoin rise to a level where they can support the number of payments of a truly international currency.

Stopped here. This is total nonsense claims backed by nothing. Research proves you can. Article debunked.

I have a profound respect for truth, objective facts, and science.

lol, here get some facts into you

Science, provable, observable repeatable. A shadow can never under any circumstance be smaller than the object casting the shadow.
Tell me on August 22 how a 2159 mile diameter moon casted a 70 mile shadow on Augusts 21 solar eclipse.

Just about the entire country should be in a total eclipse not a 70 mile strip.

Now go back and cheer for your scam centralized broken database crap to earn your pay.

Hodor7777

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Activity: 615

Merit: 112

It’s easy to confuse what is with what ought to be

Quote from: 25hashcoin on August 05, 2017, 05:31:35 PM

Quote

But increasing the block size doesn’t help Bitcoin rise to a level where they can support the number of payments of a truly international currency.

Stopped here. This is total nonsense claims backed by nothing. Research proves you can. Article debunked.

I have a profound respect for truth, objective facts, and science. I can back up my claim by pointing to the statistics of current global payment networks such as VISA and Paypal. Here they are:

Paypal: 193 TPS
VISA: 1,667 TPS

Source = http://www.altcointoday.com/bitcoin-ethereum-vs-visa-paypal-transactions-per-second/

As far as I know, Bitcoin's top TPS is ~ 6 Transactions Per Second (TPS). This is nowhere near these global payment networks.

According to this document from Bitfury, increasing the block size to its maximum of 32 MB would only result in a theoretical TPS of 112.

Source: http://bitfury.com/content/5-white-papers-research/block-size-1.1.1.pdf (page 4)

Am I missing something? Please do correct me if I'm missing something... Are you talking about off-chain transactions like the Lightning network? Please share.

25hashcoin

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Quote

But increasing the block size doesn’t help Bitcoin rise to a level where they can support the number of payments of a truly international currency.

Stopped here. This is total nonsense claims backed by nothing. Research proves you can. Article debunked.

Hodor7777

full member

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It’s easy to confuse what is with what ought to be

Sure thing! I want to give other alt coin enthusiasts a chance to see the content as well however...
but I will post on both for now: Please share the link & thank you!

MemberBerries

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Hi Hodor. I will link you a very active speculation thread

maybe you can also post it there
https://bitcointalk.org/index.php?topic=1381669.4140

Topic: XRP is the most scalable of the top five crypto-currencies; not even close (Read 1287 times)