Ripple is a very interesting technology. Even though it is considered a virtual currency/token I don't consider it a true cryptocurrency IMHO. I don't like the closed source, the inability for the community to earn by mining or otherwise securing their network and the centralization are probably the biggest problems I have with them. I have read that Ripple is working on decentralizing their ledger, once that happens I will have a lot fewer qualms with XRP. One of the things I like the most about Ripple is how many Tx/s it can handle it is truly revolutionary in that aspect.
Ripple is a very interesting technology. Even though it is considered a virtual currency/token I don't consider it a true cryptocurrency IMHO. I don't like the closed source, the inability for the community to earn by mining or otherwise securing their network and the centralization are probably the biggest problems I have with them. I have read that Ripple is working on decentralizing their ledger, once that happens I will have a lot fewer qualms with XRP. One of the things I like the most about Ripple is how many Tx/s it can handle it is truly revolutionary in that aspect.