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On December 21st, Bitstamp, one of the main exchanges of cryptocurrencies, participated in the twitter to celebrate the sixtieth anniversary of the XRP register. The official Bitstamp handle tweeted:
"CELEBRATE: The XRP register is 6 years old today! As both an #XRP exchange and a #Ripple Gateway, we are joining the #xrpcommunity to celebrate this moment!"
XRP Ledger is a decentralized cryptographic register powered by a network of peer-to-peer servers. The ledger is also the starting point for XRP, currently the second largest cryptocurrency on the planet. Publishes the announcement of Bitstamp, XRP Toolkit, a Twitter user who asked:
"Any plans to act as a EUR gateway for the XRP ledger? Just like you're doing for USD and BTC."
To which Bitstamp replied:
"Hey @xrptoolkit, if we decide to integrate this service on our platform we will be sure to let our users know! Stay tuned!"
The XRP register was conceptualized with the main idea of bringing the community together, e.g. anyone with a cryptographic key and an internet connection can receive, store and send XRP to anyone else. It is also noteworthy that, a few days earlier, the statistics had shown that the XRP register had collected some amazing records since its inception.
The increase in the decentralization of the XRP register was also highlighted when it was found that Ripple controls less than 30% of the validation nodes on the list of unique nodes. [UNL]. The reason why Ripple's bottom grip is because it distributes power to individual validators rather than just XRP's parent company.
The records show that in the last six years, a total of $ 1 trillion has been transferred in the form of XRP and over 900 million XRP transactions have taken place in the register. The data was compiled by "data.ripple.com" and they also revealed that 43 million master books were closed on the XRP register.
The XRP register was also in the news recently when Brad Garlinghouse, Ripple's Chief Executive Officer, stated that Bitcoin [BTC] and Ethereum [ETH] they were less decentralized than the XRP register.
Adding a declaration for the backup, Garlinghouse said:
"The XRP register is more decentralized to the Bitcoin register or to the Ether register where there is a very small number of miners that control … Well, it has 50% extraction power, so we are excited about the progress we are making . "
Garlinghouse also stated:
"I think it is [ignoring FUD] difficult because the ecosystem still has a lot but we will continue to do what we are doing and I think we would be very transparent with our strategy with our execution and we will continue to do so ".
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