2019-7-24 17:00 |
Cryptocurrency and blockchain were built to usurp centralized authorities like governments and banks. And then came Ripple, a corporate and institutional reimagining of what a digital currency should be and do.
Ripple has managed to make cryptocurrencies and corporate institutions play nice, and is developing distributed ledger (DLT) technologies for such clients. It has often drawn criticism for ‘not being a real cryptocurrency’ and not being truly decentralized. This criticism comes from the fact that Ripple’s blockchain doesn’t have any miners, and access to it is heavily permissioned. It’s a far cry from open and censorship-resistant platforms, like Bitcoin. However,…
This story continues at The Next Web
. origin »