XRP Ledger is more decentralized than Bitcoin's blockchain (BTC), Ripple's CEO thinks


A couple of days ago, Ripple CEO Brad Garlinghouse spoke at the TechCrunch conference on the Bitcoin blockchain (BTC) and the XRP register. According to Brad, XRP Ledger is more decentralized than Bitcoin (BTC), and the idea of ​​the cryptographic community that Ripple can block the XRP transaction (XRP) whenever it wants and then relaunch it is just a misunderstanding.

The conference, hosted by Mike Butcher of TechCrunch, aimed at Bitcoin (BTC), Satoshi Nakamoto and XRP Ledger. Mike opened the debate by saying that the mysterious character that is Satoshi Nakamoto "imagined a completely decentralized world within the Bitcoin blockchain", but the Bitcoin blockchain (BTC) needs constant mining to release new coins.

Mike went on to say that the concept of mining on which to count coins like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and others is completely different from what Ripple offers with XRP (XRP) and XRP Ledger.

XRP Ledger is more decentralized than the blockchain of Bitcoin (BTC) says Ripple CEO, Brad Garlinghouse

Mike Butcher said that "apparently libertarians to date, rail against Ripple and XRP and whoever takes care of them , including Arrington XRP. So Brad, some of these libertarians, some of them, actually, literally, called you the devil, Lucifer. "

Having said that it is not at all the" devil " "In the cryptocurrency sector, Brad Garlinghouse, provoked by Michael Arrington to prove his claim, said the following:

" If you want to revolutionize the way payments work, if you really want to revolutionize the way that transactions work in this sense, it will not happen by everyone to renounce their existing infrastructure and move on to something new as much as they are actually a bowl on Bitcoin (BTC) .The Bitcoin blockchain (BTC) will not be a unic or register to dominate them all, "explained Ripple CEO.

Regarding the blockchain of Bitcoin (BTC) and XRP Ledger, Brad Garlinghouse said that "the miners control 50% [Bitcoin (BTC) blockchain] with each measure, XRP Ledger is more decentralized than the Bitcoin blockchain (BTC)."

Andreas Townsend Author

I am a writer, author and technical blogger since 2005. An observer of the industry that remains updated on the latest features, extremely fond of financial news and everything related to cryptography.

[ad_2]Source link