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Bitcoin vs Ripple

2. BITCOIN Most people active in the world of cryptocurrency and digital assets have heard of  Bitcoin . It is a peer-to-peer cryptocurrency focusing on decentralization. It is also a payment method for both consumers and merchants alike. Completing smaller payments remains a bit of a challenge, although the Lightning Network may – hopefully – alleviate those concerns some day. Bitcoin is a cryptocurrency in its truest form, issued on a blockchain through the process we know as “mining.” It has a global reach and continues to make a lot of headway all over the world. It is also a currency without any real governance, even though mining pools are responsible for validating transactions. Some people will argue the mining pools make Bitcoin less decentralized than it should be since a few pools control the majority of the network’s mining power. Perhaps the biggest drawback to Bitcoin is how it takes 10 minutes – or sometimes, hours and days – to fully settle a transaction. This i
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Did it ripple?? The Ripple effect goes on!

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Have you ever thrown a stone in still water of a river or a lake. I did! The effect is rippling the water in a way that can be followed outwards incrementally. It might be this effect that the founders of Ripple, the payments blockchain network had in mind when choosing the name for their project. Did it ripple?   But first: who is Ripple? San Francisco based Ripple is seen as one of the most advanced distributed ledger technology (DLT) companies in the industry, which focuses on the using of blockchain-like technology for payments. In just four years, Ripple has established itself as a key player in the fast-growing distributed ledger technology world. Since 2013, the Ripple Protocol has been adopted by an increasing number of financial institutions to "[offer] an alternative remittance option" to consumers. Especially the years 2015 and 2016 marked the expansion of Ripple, with the opening of an office in Sydney (April 2015)  and the opening of European offices in L
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life of a ripple trader

Last summer, Crypto Joe couldn’t afford a plane ticket to see his wife in Europe. By November, he was seriously considering whether or not he should step down from his position as a tenured professor teaching philosophy and logic—after making more money trading cryptocurrencies than his annual salary in the span of a few short months. “I initially got into this because I needed some money,” said Joe, who wishes to keep his real identity private. Before long, he’d not only booked a flight but paid off the entirety of his credit card debt and then some. “But it wasn’t just a cool way to make money. It was such a cool system. I became completely addicted to the speed of trading on the Ripple platform.”
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Ripple reaches a new high

Ripple xrp reaches $0.3196 and new with market capital $12bn market capital and ripple xrp target is to achieve $50bn in market capital by 2021. so how fast is ripple growing and gaining attention among public and banks. Banks are adopting ripple technology in a huge demand and they are looking towards a faster payment settlement network plus which is cheap. according to study, 70000 ripple transaction were completed in less than 3 second. Ripple is a next bank settlement chain and it would achieve a lot of attention in near future It's not late to invest in ripple, go ahead an invest in ripple. its only 20 rs and might go 1$ in a few months.  total supply is being achieved and 1/3rd xrp are in public and 2/3rd are with the ripple labs for future of bank settlements. Google backed startup, Ripple labs gained a huge information on the basis of vast investments and deals by various banks. now 15 of the 50 world's top most bank have adopted ripple for their future bank
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Ripple vs Stellar

There has been a lot of focus on both Stellar and Ripple over the past few days. Although both networks cannot be labeled as traditional cryptocurrency networks by any means, the technology is of great value to financial service providers. However, it is a bit unclear what the difference is between Stellar and Ripple are exactly. As it turns out, there are differences, but also a few similarities. 2. STELLAR The Stellar project was originally created as a fork of the Ripple protocol back in 2014. It is only normal to learn there are some parts of the original Ripple code base that made their way to Stellar. However, no code was copied by any means, even though some functionalities are very similar. Both projects use a distributed ledger to track accounts and offer native asset and currency support. Stellar uses a consensus mechanism known as Stellar Consensus Protocol. This particular feature is outlined in the project  whitepaper , for those who want to know more technical asp
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Ripple Consensus Ledger Can Sustain 1000 Transactions per Second

2016 was an  important year for Ripple . Banks were added to our  growing network , we completed a successful  Series B investment round  and formed the  Global Payments Steering Group . Underlying all those milestones was the Ripple Consensus Ledger (RCL), which runs 24 hours a day, 7 days a week and recently celebrated its 4th birthday on February 17, 2017. In 2016 alone, RCL closed over 8 million ledgers, processing more than 225 million transactions and handling more than $1 Billion dollars in payment volume throughout the year. Today, for the first time, Ripple is proud to publicly announce that in recent internal benchmark testing, across 16 geographically distributed validators, the RCL is able to sustain nearly 1000 transactions per second. For even higher throughput transactions, we recently introduced  XRP payment channels , which allow for zero-latency XRP payments. Although payment channels achieve practically infinite scalability by decoupling payment from settlement
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Ripple Unveils Strategy to ‘Become More Decentralized than Bitcoin’

Prominent FinTech payments firm Ripple has announced a strategy that it believes will ultimately make its blockchain more decentralized than Bitcoin. Ripple’s technology chief Stefan Thomas has revealed a three-point strategy toward making Ripple’s blockchain, the Ripple Consensus Ledger (RCL), more secure, efficient and decentralized than Bitcoin. A key benchmark that we aim to achieve is to become more decentralized than Bitcoin, which at the time of writing is 51% controlled by just five mining pools. This means the largest five pools working together could achieve a 51% attack and reverse transactions (double spend) at will. For Ethereum, this number is even lower: only three pools are needed for a takeover. Created in 2012, the RCL was developed as an enterprise-ready public blockchain –  in contrast to bitcoin  – geared for banks and payment providers to process cross-border payments. The RCL also serves as the root ledger for XRP, Ripple’s native digital asset. Ripple
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