News for hackers. Stuff that matters.

A comment on This Is the Week Wall Street Went Nuts Over Cryptocurrencies. Parent comment

Re:This Is the Week Wall Street Went Nuts Over Cryptocurrencies by shepardrtc on Friday October 13, 2017 @01:51PM (#15467824)
There are other currencies out there that have been designed to do that, such as Ripple (it can sustain 1000TPS, I think). Its also 3rd in volume behind BTC and ETH, and its being deployed to banks.
[ Parent | on HN ]
Re:This Is the Week Wall Street Went Nuts Over Cryptocurrencies by rothbardrand on Friday October 13, 2017 @02:12PM (#15468018)
Ripple isn't a cryptocurrency and it's not distributed, it's not really comparable, as its centralized. When you're centralized its trivial to deliver high transaction rates but you lose all of bitcoins advantages.

Stay away from Ripple.

[ Parent | on HN ]
Re:This Is the Week Wall Street Went Nuts Over Cryptocurrencies by shepardrtc on Friday October 13, 2017 @03:27PM (#15468611)
That's not true at all. Ripple (XRP) is a cryptocurrency and it is distributed.
[ Parent | on HN ]
Re:This Is the Week Wall Street Went Nuts Over Cryptocurrencies by rothbardrand on Friday October 13, 2017 @07:11PM (#15469812)
Let me put it this way-- when one of the founders left, the company froze his Ripple. You can't do that with a true cryptocurrency.
[ Parent | on HN ]
Re:This Is the Week Wall Street Went Nuts Over Cryptocurrencies by shepardrtc on Friday October 13, 2017 @08:41PM (#15470057)
What about when that Ethereum got stolen and the devs hard-forked it to get it back?
[ Parent | on HN ]