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RE: Will Libra Help Steem, or Hurt it?

in #steem5 years ago (edited)

Many of these would consider XRP not to be a true blockchain, although its not only the die-hard anti-establishment crowd that feels this way towards XRP.

This is not an "extreme" position, Ripple Labs themselves acknowledge that Ripple XRP is not a blockchain.

If you think that Ripple is a blockchain, can you tell me what block number the "Ripple Blockchain" is at now? Can you tell me the hash of the latest Ripple "block"?

Ripple doesn't use blocks. It doesn't have a chain of blocks. It is not a blockchain and this isn't even a controversial statement. Ripple uses a "last closed ledger" as their distributed data structure, not a blockchain.

https://bitcoinmagazine.com/guides/what-ripple

This isn't a political disagreement. It's a matter of fact that Ripple is not a blockchain. Cryptocurrency yes, blockchain no.

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I did say it's not only the extreemests that feel that way about xrp, and I also said I dont know much about blockchain. Yet their success as a crypto can be measured by market cap.

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