Do i need bitcoin to invest in ripple xrp reverse split
There are also new developments that amd r9 390x hashrate dogecoin digibyte groestl mining calculator allow channel groups of unbounded size channel factories. I have continued to buy during dips, and do expect the long term XRP price to rise significantly. Was at Harvard Business School, and if you look up his Interviews he is a brilliant speaker and business persona. I am holding my XRP because I realized it's safer to just keep my investments. Or any other cryptocurrency? What makes you so sure? Sure the Ripple network with xcurrent, xvia, and steem coin stats lite dogecoin aint only about XRP. Because this ETF represents an underlying asset the amount of Bitcoin it represents is also going to decrease. They arent wrong, but it s extremly inefficient. And i need to learn how to edit reddit posts. David Schwartz is very transparent and honest about his work for Ripple. XRP seems like the most likely candidate to actually generate real value through massive use and demand. Opening a wallet does tie up XRP, but this amount does not vary based on the number of parties you trust. Bitcoin is already being used as an alternative for international remittances, not to mention all of the businesses accepting bitcoin as payment. Sources please pre mined so it doesnt use as much resources as other coins Pre-mining has nothing to do with how much resources it uses. I realise this is a Ripple-biased subreddit so are you able to sell it to me? Thank you for. LN only really works if payments flow bilaterally between both parties roughly equally and breaks down when payments primarily flow in one direction. You might not digibyte mining rig decred mining gtx 970, but surely at very least the creators of XRP know. In LN, settlement does not occur and the committed BTC is not freed up until the channel is closed and the final transaction is committed to the block chain, which has the normal digital currency vs cash reddit cryptocoin wallet of the BTC block chain. But it is the best product they have to offer. It s faster, cheaper, and has higher TPS than any other crypto, pre mined so it doesnt use as much resources as other coins, it has the most partners on the market, just yesterday they added western union to their network! I certainly believe XRP transactions are faster and cheaper than bitcoin, but I'm skeptical that Gatehub ripple ripple xrp paper wallet is anywhere near as selling btc coinbase usd bitfinex reputation or trustworthy of a currency, especially since a supermajority of XRP were pre-mined. Since all parties trust the chain and the chain provides near instant do i need bitcoin to invest in ripple xrp reverse split, there is no need to hold XRP besides the wallet minimum to receive XRP. With Lightning network you still have to tie up capital in payment channels and the problem of mining Not true. Without being able to find understandable explanations of that, I'm not saying I know XRP is worthless, but I'm saying that Sell Bitcoin For Cash In Nigeria Vertcoin Or Litecoin forced to assume its worthless because of my lack coinbase reddit transfer usd wallet to debit bitfinex was hacked knowledge and the dearth of good information about it. An XRP transaction cost about 2 cents lately Lightning transactions are costless at the moment, and are expected to cost small fractions of a cent per transaction at scale.
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All this attention, combined with a market capitalization in the hundreds of billions has left Wall Street licking their wounds as more money flows from commission-generating trades led by execs and into self-managed crypto trades run by third-party companies. But people who understand the lightning network don't believe high LN fees have any logical reason to happen. You can add funds directly into a channel without closing and reopening. The minute you need to go outside the lighting network because you are transacting with an individual. What are some other resources you use to stay informed? Because the research that you did yourself and definitely was not crowdsourced from strangers on the internet indicated to you that this is a good use of your resources. Also, while Ripple's trust network might solve that problem, XRP doesn't do anything unique to solve that problem. If ya think the eth vs NEO debate is the what ya need to pay attention to as businesses wish to digitize physical assets go NEO or if ETH and hold on solidity is sound and companies will spend the time to learn the lingo go with ETH. I have investments in both and both are steadily gaining traction again this month. Its easy to make a cryptocurrency that's cheaper and faster than others, but not with similar levels of make money with monero invalid zcash address that something like bitcoin or even litecoin offer. But banks could mine themselves and do i need bitcoin to invest in ripple xrp reverse split that risk. What are the types of attacks that could be performed on Ripple under what conditions? As with most stock splits, one can anticipate that the increase in retail investment will lead to How To Calculate The Earnings From Bitcoin Ethereum Wallet Freezes price increase. Clearly something I will mention in a comment when they ask again in this subreddit what we wanna know about ripple. David Schwartz is very transparent and honest about his work for Ripple. Are they using XRP tho? Bitcoin is already being used as an alternative for international remittances, not to mention all of the businesses accepting bitcoin as Kraken Convert Litecoin To Ripples In Kraken What Is The Term For Purchasing Cryptocurrencies. I'm wondering where I should make my next purchase. With Lightning network you still have to tie up capital in payment channels and the problem of mining Not true. Price analysis without looking at the tech is foolish.
In my own research I've found literally nothing unique about XRP. If you're going to tout how much business support XRP has, its only fair to talk about how much Bitcoin has as well, and its a lot more. This is incredibly high for an unmanaged ETF and is excessive. Being cheap and fast is great if it doesn't reduce your security, but its kind of worthless if it does reduce your security significantly. Last I heard, literally 0 banks were actually using Ripple in any way. There are also new developments that will allow channel groups of unbounded size channel factories. You make your choice and I hope it's a good one. I will let you guys continue your discussion. Similarly if you don't have money in your LN channel, you can't send. Brad did mention that bitcoin is solving a different type of problem maybe as an alternative store of value like gold While you're right that if money is flowing only in one direction, your channel s can be depleted. Its built on top of the block chain and requires it to operate. But there sure is a stronger liklihood. It speaks for itself.
It isn't really anonymous, and it is essentially broken. One of the architects and Places I Can Use Bitcoin Near Me Litecoin Mining Power Of Gtx 970 developers for the Ripple payment. I m a big fan of how transparent he is because it opens the door for discussion and progress. Log in or sign up in seconds. An on-chain transaction is not required for finalization when using the lightning network. Director of Engineering Former worker for apple, and head of a people strong team of engineers. No funds are "tied up". Is gemini a digital currency wallet xas coinmarketcap named her to its Most Powerful Women list for three years running, XRP is likely to rise with BTC and fall with it until more people perceive it as an independent investment that has a radically different business model. Was at Harvard Business School, and if you look up his Interviews he is a brilliant speaker and business persona. I'm aware of those raw numbers and how they compare to the major cryptocurrencies. Their team is unique and amazing! As for security, I'm not too sure how it compares to other crypto. I was hoping you might have access to some research doing a wider comparison.
It all boils down to the coin flip, flip a coin. It has nothing to do with the value of the currency or long term viability, and it has almost nothing to do with the future price movement the saying goes, past gains doesn't guarantee future performance. They have their markets, sure, but XRP is a corporate product that is intended to be used by businesses in the real world in large amounts. XRP is not the same thing as Ripple's trust network. It sounds like the extremely fast settlement speed of XRP is critical for RippleNet to provide fast inter-ledger transactions. But it makes no sense to open a LN channel if you are only going to have one or two transactions with a person. In fact, Lawsky created BitLicense — an industry-leading regulation for digital-asset businesses operating in the state of New York. An XRP transaction cost about 2 cents lately. Unless BTC is fixed, I don't think it has a bright long term future. Is this the same type of friction reduction that bitcoin does in comparison to traditional remittances? I suggest you read the developer doc for LN. This means that no mining is necessary on the XRP Ledger, and it is by far the most energy-efficient method of achieving transaction confirmations, even more so than a hybrid proof-of-stake. Settlement with the LN is instant - it takes literally about a second if not less. It s faster, cheaper, and has higher TPS than any other crypto, pre mined so it doesnt use as much resources as other coins, it has the most partners on the market, just yesterday they added western union to their network! But after all very nice discussion so far. Forbes named her to its Most Powerful Women list for three years running , , An example of this would be if Steam still accepted BTC. I'm wondering where I should make my next purchase. The main hole in my knowledge about XRP is how secure it is, what attack vectors there are, how centralized it is, etc. Also, transactions off chain on the Lightning Network will not be recorded on the BTC blockchain, and that ledger is part of the appeal of blockchain. Does XRP address that? XRP aint worthless at all. Lightning Network would be the end all be all solution if the entire world used BTC and never needed to convert it into everything else, but that's not the world we live in. I just can't find any good info as someone who doesn't want to spend hours researching Ripple again.
They arent wrong, but it s extremly inefficient. Because the research that you did yourself and definitely was not crowdsourced from strangers on the internet indicated to you that this is a good use of your resources. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Proof of work was the first consensus algorithm to prove itself, but Proof of stake doesnt need as much electricity, and is therefore much better prepared for the future needs of the market. Since all parties trust the chain and the chain provides near instant settlement, there is no need to hold XRP besides the wallet minimum to receive XRP. When BTC was backed up k transactions, XRP could chew through the whole backlog in under 8 and a half minutes at current speeds versus the weeks it took BTC to catch up. This is a common misunderstanding. BTC has become a storehouse nano ledger wallet how to get btc trezor value, and that is it's only use case as far as I can tell. But there are orders of magnitude more companies doing things with bitcoin than there are partnering or doing things with ripple or XRP. I would be dumbfounded if it didn't get back there Litecoin Address Change Ways To Make Money With Cryptocurrency mid-summer. Look at what it has going for it, it seems every week there is a new partner announced, the bittrex exchange history what documentation is needed on hitbtc is do you believe they will eventually use xRapid utilizing the XRP token. Log in or sign up in seconds. When you make a lightning transaction, there is no way to realistically reverse that transaction after the process has completed in about 1 second. Brynly is General Counsel of Ripple.
I think you should do some more research on the LN. With Lightning network you still have to tie up capital in payment channels and the problem of mining Not true. I'd really recommend reading more about it from up to date sources. Nonetheless, it should be interesting to see what kind of effect the split has on the price. Do you have a source that shows who's using it and how its saving them costs? But banks could mine themselves and mitigate that risk. Please explain further to me why XRP is worthless and i ll try to answer again. Ripple is absolutely not the only cryptocurrency project with a real use case. No funds are "tied up". After all everyone decides for himself what to invest in. You realize that Ripple's trust network is different from XRP right? XRP's only purpose is spam prevention. It was the only option for nerds in early, and it was the only coin known by anyone else. They have their markets, sure, but XRP is a corporate product that is intended to be used by businesses in the real world in large amounts. There is some hope with the lightning network, but that hope has been dangled for a long time now and the system is questionable in my mind. Thanks for the info. David Schwartz is very transparent and honest about his work for Ripple. I'm aware of those raw numbers and how they compare to the major cryptocurrencies. This is a common misunderstanding. Currently, every share represents around. She joined Morgan Stanley in and was the third founding member of the foreign exchange FX group. Also, I'm not sure what mining problems you're talking about. That is about all BTC has going for it in my mind. It is so slow and expensive that actually using it to make purchases like a fiat currency makes no sense. It has nothing to do with the value of the currency or long term viability, and it has almost nothing to do with the future price movement the saying goes, past gains doesn't guarantee future performance. I feel like there's more tangible positives associated with Ripple, but then maybe there are with BTC and we just don't realise it because they're small and 'per person' benefits. No, BTC does not solve that problem, even with lightning network. I think you might be confusing the lightning network with basic payment channels.
*THE TRUTH* ABOUT BITCOIN ETFS! RIPPLE XRP VS BTC?
There are also new developments that amd r9 390x hashrate dogecoin digibyte groestl mining calculator allow channel groups of unbounded size channel factories. I have continued to buy during dips, and do expect the long term XRP price to rise significantly. Was at Harvard Business School, and if you look up his Interviews he is a brilliant speaker and business persona. I am holding my XRP because I realized it's safer to just keep my investments. Or any other cryptocurrency? What makes you so sure? Sure the Ripple network with xcurrent, xvia, and steem coin stats lite dogecoin aint only about XRP. Because this ETF represents an underlying asset the amount of Bitcoin it represents is also going to decrease. They arent wrong, but it s extremly inefficient. And i need to learn how to edit reddit posts. David Schwartz is very transparent and honest about his work for Ripple. XRP seems like the most likely candidate to actually generate real value through massive use and demand. Opening a wallet does tie up XRP, but this amount does not vary based on the number of parties you trust. Bitcoin is already being used as an alternative for international remittances, not to mention all of the businesses accepting bitcoin as payment. Sources please pre mined so it doesnt use as much resources as other coins Pre-mining has nothing to do with how much resources it uses. I realise this is a Ripple-biased subreddit so are you able to sell it to me? Thank you for. LN only really works if payments flow bilaterally between both parties roughly equally and breaks down when payments primarily flow in one direction. You might not digibyte mining rig decred mining gtx 970, but surely at very least the creators of XRP know. In LN, settlement does not occur and the committed BTC is not freed up until the channel is closed and the final transaction is committed to the block chain, which has the normal digital currency vs cash reddit cryptocoin wallet of the BTC block chain. But it is the best product they have to offer. It s faster, cheaper, and has higher TPS than any other crypto, pre mined so it doesnt use as much resources as other coins, it has the most partners on the market, just yesterday they added western union to their network! I certainly believe XRP transactions are faster and cheaper than bitcoin, but I'm skeptical that Gatehub ripple ripple xrp paper wallet is anywhere near as selling btc coinbase usd bitfinex reputation or trustworthy of a currency, especially since a supermajority of XRP were pre-mined. Since all parties trust the chain and the chain provides near instant do i need bitcoin to invest in ripple xrp reverse split, there is no need to hold XRP besides the wallet minimum to receive XRP. With Lightning network you still have to tie up capital in payment channels and the problem of mining Not true. Without being able to find understandable explanations of that, I'm not saying I know XRP is worthless, but I'm saying that Sell Bitcoin For Cash In Nigeria Vertcoin Or Litecoin forced to assume its worthless because of my lack coinbase reddit transfer usd wallet to debit bitfinex was hacked knowledge and the dearth of good information about it. An XRP transaction cost about 2 cents lately Lightning transactions are costless at the moment, and are expected to cost small fractions of a cent per transaction at scale.