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A comment on Ethereum Now Handles More Transactions Than All Digital Currencies Combined. Parent comment

Re:Ethereum Now Handles More Transactions Than All Digital C... by CryptoPunk on Thursday November 23, 2017 @12:50PM (#15766664)
Ripple is a permissioned blockchain.
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Re:Ethereum Now Handles More Transactions Than All Digital C... by peterisza on Thursday November 23, 2017 @02:00PM (#15767122)
I don't think it is a blockchain. Google ripple consensus protocol.
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Re:Ethereum Now Handles More Transactions Than All Digital C... by justinjlynn on Friday November 24, 2017 @02:17AM (#15769895)
It is a Merkle DAG of transactions secured by cryptographic protocols. It very much is a blockchain -- it just doesn't use proof of work as a mechanism to exclude bad actors. The fact that it uses UNLs and consensus to achieve a consistent view of valid transactions does not make Ripple "not a blockchain" and, as XRP relies on cryptographic mechanisms to secure rights of ownership on that blockchain, XRP, the native Ripple asset, is by definition a cryptocurrency in the colloquial sense.
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