Re:Founders Fund Makes Bet on Bitcoin
by randyrand on Tuesday January 02, 2018 @02:57PM
(#16054988)
Isn't it closed source and run by a single corporation? What's the benefit of being tied to a block chain if for a centralized currency? Just copy the current visa/banking system and you're good to go.
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Re:Founders Fund Makes Bet on Bitcoin
by shepardrtc on Tuesday January 02, 2018 @03:05PM
(#16055059)
No, its open source: https://github.com/ripple/rippled
> What's the benefit of being tied to a block chain if for a centralized currency?
https://ripple.com/insights/the-internet-of-value-what-it-me...
Ripple is interesting. If you're a true believer of the decentralized concept of crypto, you shouldn't like Ripple because it is controlled by a company (but is open source, similar to Java), and many financial institutions use it. So it's kind of towing the line between centralized and decentralized.