This kind of "pseudo-centralized" is decentralized. When the "central authority" gets all of its power from individual participants who choose to follow it, and those participants are free to change the authorities at…
I'd be interested in a post mortem on the fork as well. During the split, either one side has a supermajority or neither side does. If one side has a supermajority, that side will win on rejoin, so no problem. If…
It is positioned to compete with other payment systems. As for scalability, it uses data structures specifically designed for rapid synchronization. But you're absolutely right that scaling it to thousands of…
It's not cheap to make sibyls because you have to get people to trust you and there's no easy way to do that. There are simple ways to gather lists of likely independent servers. For example, agencies you trust could…
Those are about Ryan Fugger's Ripple, not the new Ripple. The new Ripple does include the peer-to-peer credit of the original Ripple. But there are major differences. For example, the new Ripple is positioned initially…
You're looking at Ripple as if it were a currency rather than as what it is, a payment system.
There will be giveaways of tens of billions of ripples. By the time the giveaways end, there should be a plentiful supply.
This kind of "pseudo-centralized" is decentralized. When the "central authority" gets all of its power from individual participants who choose to follow it, and those participants are free to change the authorities at…
I'd be interested in a post mortem on the fork as well. During the split, either one side has a supermajority or neither side does. If one side has a supermajority, that side will win on rejoin, so no problem. If…
It is positioned to compete with other payment systems. As for scalability, it uses data structures specifically designed for rapid synchronization. But you're absolutely right that scaling it to thousands of…
It's not cheap to make sibyls because you have to get people to trust you and there's no easy way to do that. There are simple ways to gather lists of likely independent servers. For example, agencies you trust could…
Those are about Ryan Fugger's Ripple, not the new Ripple. The new Ripple does include the peer-to-peer credit of the original Ripple. But there are major differences. For example, the new Ripple is positioned initially…
You're looking at Ripple as if it were a currency rather than as what it is, a payment system.
There will be giveaways of tens of billions of ripples. By the time the giveaways end, there should be a plentiful supply.