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RE: Debate Time #1 - AKA The Knowledge Bank
Why use a centralized Ripple while you can use a DPoS chain like STEEM with zero transaction fees and utterly high throughput-transactions?
Why use a centralized Ripple while you can use a DPoS chain like STEEM with zero transaction fees and utterly high throughput-transactions?
'Enterprise clients' which ripple seems to be focusing on have a tendency of picking more complicated solutions, Banks specifically have a kind of herd mentality when it comes to technology. Steem no doubt offers a better solution but they are just too blind to see it
Ah, and I think one issue with banks using STEEM is that it doesn't have confidential or private transactions which banks will want, but does Ripple offer confidential/private TX's?
I doubt ripple offers that and to be fair confidential transactions would make it a hot bed for money laundering which might lead to heavy regulation.