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Author Topic: How is Ripple different from other coins?  (Read 8863 times)

Offline KobbyC

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How is Ripple different from other coins?
« on: June 03, 2018, 01:55:41 PM »
Is there any kind of special feature Ripple has?

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How is Ripple different from other coins?
« on: June 03, 2018, 01:55:41 PM »

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Re: How is Ripple different from other coins?
« Reply #1 on: June 04, 2018, 05:44:42 AM »
My latest understanding about ripple is that, this is a centralized crypto which makes it sure that this altcoin is not a scam and due to this type it will give more success to the investors.
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Re: How is Ripple different from other coins?
« Reply #2 on: June 05, 2018, 07:38:55 AM »
Is there any kind of special feature Ripple has?

One of the features that i know about Ripple is that, Ripple is both a payment network (RippleNet) and a cryptocurrency (Ripple XRP). RippleNet connects banks and other big institutions and allows them to transfer money and other assets through the network. All transactions are recorded on the decentralized XRP Ledger.

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Offline Alpha

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Re: How is Ripple different from other coins?
« Reply #3 on: June 08, 2018, 01:58:05 PM »
As far as I know ripple is about banks with connection to individual business life. Centralized crypto banks system. Currently I'm not too sure of ripples future whether ripple rise sooner or stay calm.

Offline Eben

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Re: How is Ripple different from other coins?
« Reply #4 on: June 08, 2018, 08:02:08 PM »
XRP, or Ripples, is indeed a coin, but it is the native coin of the XRP ledger, not the Ripple itself, which is actually: A network.
The Ripple network, or RippleNet for short, is an open-source protocol developed and published in 2012 by Chris Larsen, Ryan Fugger, and Jeb McCaleb.
Their purpose in creating RippleNet was not to introduce another cryptocoin to the market – a means of payment between individuals, mostly – but to construct a payment network for use between financial institutions such as banks.
This makes it different from other cryptos.

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Re: How is Ripple different from other coins?
« Reply #5 on: June 09, 2018, 11:20:15 AM »
Is there any kind of special feature Ripple has?

The ripple is nerwork payment and all the transaction are on the bank. Then the ripple can be traded but it cant be a payment to a online stuff.

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Re: How is Ripple different from other coins?
« Reply #6 on: June 10, 2018, 06:06:58 AM »
I think just the speed of the transaction and the cheap cost that becomes the ripple advantage. ripple is known for big projects and many banks use the technology.
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Re: How is Ripple different from other coins?
« Reply #6 on: June 10, 2018, 06:06:58 AM »


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Re: How is Ripple different from other coins?
« Reply #7 on: June 23, 2018, 03:37:52 PM »
Is different for everyone. Many believe that this is not even a crypto coin because it is centralized and intended only for banks. But it is.

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Re: How is Ripple different from other coins?
« Reply #8 on: June 23, 2018, 03:53:34 PM »
Hello ,

It's a centralized currency. The Ripple team owns 60% of all Ripple . They can dump the price if they want.

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Re: How is Ripple different from other coins?
« Reply #9 on: June 25, 2018, 02:28:45 PM »
Is there any kind of special feature Ripple has?
Ripple is a network the main purpose of which is providing fast and cheap multi-currency transactions.and also Ripple is a type of centralized currency on a decentralized payment network, while bitcoin is a decentralized currency and payment system.

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Re: How is Ripple different from other coins?
« Reply #10 on: June 27, 2018, 03:57:31 PM »
yes it is centralized and regulated so no issue on pump and dump

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Re: How is Ripple different from other coins?
« Reply #11 on: June 29, 2018, 08:36:03 AM »
Being centralized coin is what ripple specialty from other altcoins in crypto market.

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Re: How is Ripple different from other coins?
« Reply #12 on: July 03, 2018, 01:50:55 PM »
Is there any kind of special feature Ripple has?

I think ripple is more stable and bank also integrated ripple coin.
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Re: How is Ripple different from other coins?
« Reply #13 on: July 04, 2018, 02:12:25 AM »
Is there any kind of special feature Ripple has?

I think the different ripple from other coin is more stable coin and banks accept it.

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Re: How is Ripple different from other coins?
« Reply #14 on: July 06, 2018, 03:25:18 PM »
I think just the speed of the transaction and the cheap cost that becomes the ripple advantage. ripple is known for big projects and many banks use the technology.

It is true mate. The speed of transactions and cheap cost that bwcomes the ripple advantages. I think ripple also more stable than other.

 

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