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RE: RIPPLE: With a current Market Capital of approx. $7.9 billion and Ranked No.3 in the Crypto Currency Market, RIPPLE has seen an explosive 3 months..!!
To be honest bitcoin or Ethereum are not really decentralised either. Currently 51% of bitcoins are controlledby just five mining pools. This means the largest five pools working together could achieve a 51% attack and reverse transactions (double spend) at will. For Ethereum, this number is even lower: only three pools are needed for a takeover.
Yes the system might be decentralised but reality looks a bit different
Yeah my portfolio has a majority of ripple and I dont disagree. Just repeating what Ive heard many others say about ripple. Other downside about ripple is banks could adopt the technology but ignore the coin.