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Topic: [XRP] Ripple Speculation - page 72. (Read 637272 times)

legendary
Activity: 3010
Merit: 1460
April 29, 2019, 08:18:16 PM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers



IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)


Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)

Agreed! Bitcoin mining is becoming centralized. However, this does not change that Ripple is a centralized platform. It will only stop being centralized if Ripple finds a decentralized consensus process on adding nodes in the Trusted Nodes List.
full member
Activity: 1106
Merit: 103
♦♣♥♠
April 29, 2019, 04:53:18 PM
Oh, I love these graphs and predictions. They are so inspiring. But you should always leave a small percentage on the negative outcome that after an unsuccessful prediction to say, “Well, as we discussed with you, a small probability has worked and the schedule went down, we had to leave it short”
member
Activity: 294
Merit: 53
April 29, 2019, 04:45:26 PM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

You can't compare validators with pools in my opinion. Pools are controlled by miners, and miners can withdraw their hash contribution whenever they want or consider it a threat. Same can't be said for validators.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
April 29, 2019, 10:07:41 AM
Quote
Ripple Speculation
LMAO, was there ever anything else?
Fool looking for bigger fool to dump on at some later stage.
jr. member
Activity: 314
Merit: 6
April 29, 2019, 08:12:25 AM
Ripple is apparently heading to its $0.25 support level, will the price bounce back up?

https://coincodex.com/article/3513/ripple-price-analysis-is-xrp-moving-towards-025-support/
sr. member
Activity: 2632
Merit: 328
April 29, 2019, 07:58:46 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers



IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)


Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)
full member
Activity: 644
Merit: 100
April 29, 2019, 05:33:24 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers



IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)
full member
Activity: 1106
Merit: 103
♦♣♥♠
April 29, 2019, 03:05:06 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers


full member
Activity: 644
Merit: 100
April 29, 2019, 01:58:40 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
sr. member
Activity: 1099
Merit: 267
April 29, 2019, 01:39:37 AM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.


70% of buttcoin mining in choyna -> totally decentralised   Grin Cheesy

Drug cartels laundering money trough bitfinex and tether... tether is the only thing that props buttcoin up  Grin



Man plese stop what u are doing, its so obvious
legendary
Activity: 3010
Merit: 1460
April 28, 2019, 10:34:45 PM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 28, 2019, 09:27:05 PM
XRP has been in the top 3 crypto by market capital for many years.

It is a great investment.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
April 28, 2019, 06:11:55 PM
XRP fell behind a bit in regard to other coins and people is freaking out!
It'll catch up eventually people, the fact that it's not mineable with a daily emission for miners to dump it will eventually push the price.
sr. member
Activity: 2632
Merit: 328
April 28, 2019, 02:03:17 PM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
April 28, 2019, 01:18:44 PM
Xrp is very hard to speculate.

Because the price is getting set by the company which create xrp. It is not decentralized at all.
member
Activity: 294
Merit: 53
April 28, 2019, 01:01:52 PM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"


Keywords are currently and eventually. In this moment in time Ripple is centralized. Only Ripple chooses who to be included in its Trusted Node List. It is also only Ripple who distributes and decides who or where to distribute the undistributed tokens in the platform.

I am not cherry picking.

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.
member
Activity: 1204
Merit: 38
April 28, 2019, 05:53:09 AM
Yes there are lots of changes happening to the people so the speculation on this time will definitely going to be a good Vibes at the end of this year and I am waiting to get my income for my previous investments and that would be lots of opportunities available now to get make profit much more better than before.
legendary
Activity: 3010
Merit: 1460
April 27, 2019, 08:13:41 PM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"


Keywords are currently and eventually. In this moment in time Ripple is centralized. Only Ripple chooses who to be included in its Trusted Node List. It is also only Ripple who distributes and decides who or where to distribute the undistributed tokens in the platform.

I am not cherry picking.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 27, 2019, 05:07:28 AM
XRP and Ripple are here for the long run...

When all these funny meme crypto and those launched in a blaze of publicity die-out, XRP and Ripple will be around being used and utilised on a daily basis.
sr. member
Activity: 2632
Merit: 328
April 27, 2019, 03:24:16 AM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"
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