What about Ripple goes against their current Framework? Don't know much about Ri...

anonova · on Jan 4, 2018

To name a few:

* "1.1.4 Decentralization"

Ripple controls what nodes are used on their network (validators). Can you run a validator? Sure, but note that Ripple, and thus the network, aren't going to use it anyway [validator]:

> At present, Ripple (the company) cannot recommend any validators aside from the 5 core validators run by Ripple

As I mentioned in another comment tree, this is a distributed network, not a decentralized one.

[validator]: https://ripple.com/build/rippled-setup/

[registry]: https://ripple.com/dev-blog/validator-registry/

* "6.1.2 Token Utility"

XRP current has no useful use cases. Institutions experimenting with Ripple are not using the public network but their own private RippleNet, which does not use XRP tokens [ripplenet].

[ripplenet]: https://ripple.com/files/ripplenet_brochure.pdf

* "6.2.3 Team Ownership: The team stake retained by the team is a minority scale."

Currently, 38 of the 100 billion total XRP is in circulation [marketcap]. The developers were "gifted" 80% of all XRP upon its creation [distribution]. Ripple and its owners still hold the majority of all XRP.

[marketcap]: https://coinmarketcap.com/currencies/ripple/

[distribution]: https://web.archive.org/web/20150806120942/https://www.rippl...

rmwaite · on Jan 7, 2018

Token Utility: It's really, really fast and the transaction fees are really, really low.

edzorg · on Jan 5, 2018

hi, do you have an email or twitter I can reach you at?