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RE: Daily Crypto Markets Live Blog: Let Us Discuss Stablecoins (09/14/21)

in LeoFinance • 3 years ago

The Ripple is said to be centralized because of its default list of validators and a Large pre-mined XRP supply. It's faster and cheaper than Bitcoin though.

Bitcoin is still truly a public network while Ripple is operated by Ripple Labs or something.

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3 years ago in LeoFinance by
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     3 years ago  

    So Ripple is centralized like Ethereum.

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       3 years ago (edited) 

      Ethereum is quite decentralized now. Maybe next after Cardano or Bitcoin.

      Once it completely moves to POS, will become more decentralized.

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         3 years ago  

        Ah, OK. That's good to know. Thanks for the clarification.

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