Как Ripple захватит мир. Почему Риппл не крипта и что ждет XRP в будущем?

Hello! You are on iSpace.news and today we will dive again into the world of finance and investment. Go! Many copies are broken in disputes between opponents and defenders Ripple is the fourth largest cryptocurrency in the world by capitalization. It is precisely the question of whether this coin is a cryptocurrency or not, causes the biggest turbulence in the camps debaters. True, one fact is accepted by everyone unconditionally: Ripple is the most integrated into the global financial market crypt.

In their calculations, it is used by the largest international banks and financial institutions. Now you will find out why Ripple is so convenient for cross-border calculations. Why does some part of the community not recognize his crypto money? And what does the future hold for him? An excursion into history Let's turn to history – to the main stages of development of this cryptocurrency: Official year of birth Ripple is considered to be 2012. But work on the creation of an international payment system, where each user could create their own currency, started back in 2004. Its author, Canadian programmer Ryan Fugger, called his the brainchild of Ripple Pay. And just a year later, he presented a working version of the system.

But at that time she did not interest anyone, and the following For 6 years, the project was finalized with varying success. New technologies helped improve Ripple Pay – in particular, the blockchain that has just appeared, but already interested specialists with his capabilities. A confirmation algorithm was integrated into the platform transactions based on the consensus of its users. Chris Larsen, who joined the project in 2012, convinced the command to enter a cryptocurrency unit for settlements inside networks. All these innovations have been successfully implemented and tested, which allowed the official launch of the network in the same year Ripple with XRP coin as a local currency.

Andressen Horovitz and Google Ventures immediately assessed the prospects and steel the first partners of Ripple. A couple of months later, Jed McCaleb was among them. – at that time the head of the largest cryptocurrency exchange in the world Mt. Gox. Since then, the Ripple team has made every effort to integrate your project to the global financial system. And, it should be noted, it does it successfully. Our blog iSpace.news recently published an article about the story and the prospects for Ripple.

Link under this video. Why is Ripple not a crypto? Since its inception, Ripple has set himself an ambitious the goal is to become the successor of Visa, Mastercard and other international payment systems in the world of cross-border payments. This is why it is initially "sharpened" for interaction. with financial institutions, not individual users. In addition, unlike bitcoin, Ripple did not claim to the status of a substitute for the American dollar in the world economy. Its purpose is to enable instant exchange of any assets with a minimum commission. So why does part of the crypto community refuse to consider Ripple? a full-fledged cryptocurrency? It's all about its structure and properties, namely: Ripple does not work on blockchain technology, but on a similar one networks with distributed storage of information. The role of nodes is played by gateways. They serve as liquidity providers within the network and act as exchangers. In other words, they accept any asset from the user, and in return they give him a certain amount of XRP, and vice versa.

Many information security experts are wary talk about the security of such a network from hacker attacks. However, the Ripple administrators claim to be completely safe. user funds. The second reason was the centralization of Ripple. After all, the XRP issue was carried out in one operation, and the network 100 billion XRP coins were introduced at once. True, 60% were immediately frozen by the developers. To meet the growing needs of users and the stability of the value of the coin, the creators once in an additional 1 billion coins are released per month.

The third reason that causes rejection of opponents Ripple is the ability to block cryptocurrency creators assets of any member of the network. Add to this the lack of an official wallet from developers for storing XRP. Users have to rely on honesty third-party programmers. What attracts banks to Ripple? However, banks were more interested in merits than technical ones. aspects of the work of this cryptocurrency. Why did they like Ripple so much? Compared to conventional international methods transfers Ripple offers its clients: Highest transaction speed. The network is ready to process up to 15 thousand transfers per second. For example, a regular bank transfer between two countries takes from 2 to 5 days, bitcoin makes it possible to complete transaction in 30 minutes, and Ripple spends on the operation about 4 s. Low fees. Ripple's commission for the transfer is only 1 / 100,000 of the part XRP is not used to earn money, because all coins received for payment of transactions are burned. The purpose of the commission is to protect the network from hacker DDOS attacks.

Those. at the current price of 1 XRP at $ 0.25, one transaction will cost to the sender in a negligible amount. Now compare with bank transfer, where the commission is can reach more than 10% of the amount. Free exchange. Using Rippl gateways, you can exchange any assets directly (using XRP as an intermediary). This not only avoids double commissions, triple, etc. conversions, but significantly speed up exchange process. Information security. Although some transaction data can be seen in Ripple, but the basic information is hidden. It is impossible to know who moved which assets or exchanged. Official status. Ripple Developers – Ripple Labs – Licensed US regulator to work with virtual assets. What are your thoughts? Can Ripple replace traditional interbank calculations? Write your comments under this video. Who is "friends" with Ripple The partnership with Ripple has already been announced in total about 300 banks and financial institutions from many countries the world. These are such giants as Unicredit, UBS, TAS, BNP Paribas, Deloitte, SBI, National Bank of Australia, National Bank of Abu Dhabi, Canadian imperial bank, Mitsubishi UFJ, ATB Financial, etc. Benefits of using Ripple for international settlements, the ability to softly combine their payment products with a cryptocurrency network – all this helps to expand scale of international cooperation.

At the same time, many companies use only the developments of Ripple, without merging into the system itself. As a result, XRP became the leader of the cryptocurrency market for use in the financial sector. Perspectives The history of Ripple's formation testifies that she already able to create competition between SWIFT and Western Union in the international market calculations. While maintaining the current rates of development and penetration Ripple to the financial market for these companies now you need to think about what they can oppose to its cryptocurrency competitor. Of course, crowding out traditional international payment systems from the market is not a matter of one year.

Still, in this area there is great inertia of thinking. and unwillingness to change what already works. But sooner or later, the undeniable advantages of an unusual cryptocurrencies will lead to the transition of the economy to a new stage in financial relations. And now the process is only gaining momentum. Marketplaces such as Amazon, Google Pay, eBay are already giving users the ability to pay for purchases in XRP. That's all for us. LIKE if our video was useful to you. And subscribe to the iSpace.News channel..

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