Notes

Some Known Details About News Headlines - Ripple (XRP) - Nasdaq


<h1 style="clear:both" id="content-section-0">Getting My MOST MINDBLOWING RIPPLE NEWS EVER (If True, XRP To Work<br></h1>
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<p class="p__0">This smaller sized group is called the "Special Node List," or UNL. When 80% of these 33 come to an agreement, a transaction is finalized. However here's where the problem develops, Ripple, the company, picks the default Special Node List. Source: cryptobriefing. com In theory, other nodes could make the list, however this has actually rarely occurred in XRP's history.</p>
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<p class="p__1">Ultimately, it is very clear that the Ripple company and those closest to it have a tight grasp on cryptocurrency. Is this necessarily bad? It depends on what your objectives are. XRP was produced to be the default settlement currency of Ripple's payment system. It is developed to be quick and effective, which it is, however likewise so that control is kept by the Ripple business.</p>
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<p class="p__2">The latter was created with decentralization, liberty and "trustlessness" at its core. This is the essence of the cryptocurrency motion. Is Ripple worth owning? In This Website , not truly, and the reason is two-fold. Primarily, XRP is mostly managed by Ripple, which's not a good idea.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://forkast.news/wp-content/uploads/2021/02/XRP-top-4-market-capitalization.jpg" alt="What Is Ripple (XRP)? - A Complete Guide to the Banking Cryptocurrency"><span style="display:none" itemprop="caption">Ripple Coin News - Ripple News Today - XRP News Now</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.namecoinnews.com/wp-content/uploads/2020/03/Ripple-01.png" alt="The legal battle over cryptocurrency XRP has taken another turn - TechRadar"><span style="display:none" itemprop="caption">Ripple faces SEC lawsuit over XRP cryptocurrency</span>
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<h1 style="clear:both" id="content-section-1">Get This Report about Who Pays for Crypto's Collapse? - WSJ<br></h1>
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<p class="p__3">Moreover, absolutely nothing is stopping the company from creating more XRP if it is considered essential. It might wish to do this if it felt like XRP became too expensive for users to enter its payment system. Ultimately, the company behind XRP is trying to promote its payment system, and the value of the currency falls 2nd.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://en.cryptonomist.ch/wp-content/uploads/2022/02/ripple-sec-1.jpg" alt="Ripple Exec Talks XRP, Global Payments, and Blockchain's Future - PCMag"><span style="display:none" itemprop="caption">XRP Whale Accumulation Surges! What to Expect on June 10th in the Ripple VS SEC Ongoing Lawsuit - Coinpedia - Fintech &amp; Cryptocurreny News Media- Crypto Guide</span>
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<p class="p__4">Don't get me incorrect, I like what the system can do, however that doesn't imply XRP is a great financial investment. On top of that, XRP is involved in a lawsuit with the SEC, which might spell trouble for it in 2022. The huge problem I find here is that, if things go south for XRP, what is to stop Ripple from utilizing a various cryptocurrency as a settlement base for its system? Or, even, starting another one from scratch? And, for that matter, what is to stop Ripple from increasing the supply of XRP if and whenever it deems it required? These are the fundamental issues of centralization, and while XRP is a tool that makes life a lot easier for banks, it is still, at its core, supporting a centralized system.</p>
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