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Ripple Drop: XRP Ledger has delivered its promise of decentralization while Bitcoin and Ethereum have failed


Ripple has entered the year 2019 very strong in terms of its partnerships and product placements as a few banks went live with xRapid product for cross-border payments.

During the recent Ripple Drop episode, David Schwartz, the CTO of Ripple and one of the architects of the XRP Ledger, Prajit Nanu, co-founder of InstaReM, and Jim Chauncey Kelly, Director of talent acquisition at Ripple spoke about XRP Ledger, Ripple Net, decentralization of cryptocurrencies, and Ripple’s open positions around the world.

David Schwartz spoke about an increase in decentralization as compared to Proof-of-Work-based cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH]. Schwartz said that over the course of last year, decentralization has definitely increased. He said:

“The network now is operationally decentralized in a way that those other cryptocurrencies just aren’t… The biggest difference between Bitcoin, Ethereum and the XRP Ledger is the PoW vs Consensus. Bitcoin and Ethereum use PoW which…



Read Full Story : AMBCrypto

2019-02-01 11:30:10

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