Viewing a response to: @ljung/re-stellabelle-crypto-crash-and-the-search-for-meaning-while-we-all-go-broke-aa3rrs61-20181124t231200897z
It is centralized and has a single point of failure. And it will dump to zero if the company wallets get hacked.
| author | littleboy |
|---|---|
| permlink | re-ljung-re-stellabelle-crypto-crash-and-the-search-for-meaning-while-we-all-go-broke-aa3rrs61-20181125t054403368z |
| category | partiko |
| json_metadata | {"tags":["partiko"],"app":"steemit/0.1"} |
| created | 2018-11-25 05:44:09 |
| last_update | 2018-11-25 05:44:54 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-12-02 05:44:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.263 HBD |
| curator_payout_value | 0.086 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 112 |
| author_reputation | 205,792,878,086,848 |
| root_title | "Crypto Crash and The Search For Meaning While We All Go Broke" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 75,866,626 |
| net_rshares | 559,112,382,436 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| stellabelle | 0 | 337,702,495,468 | 100% | ||
| jadabug | 0 | 435,311,207 | 1.2% | ||
| littleboy | 0 | 220,974,575,761 | 100% |
You are not supposed to hold more than a few cents worth of XRPs. They are merely stamps used to pay for each transaction in the hawala network. The hawala network is distributed. That is even better than decentralized networks. People using Ripple doesn’t care about XRPs. It is not the point of the system. https://www.coindesk.com/ripple-medieval-banking-digital-twist 
| author | ljung |
|---|---|
| permlink | re-littleboy-re-ljung-re-stellabelle-crypto-crash-and-the-search-for-meaning-while-we-all-go-broke-aa3rrs61-20181125t070507601z |
| category | partiko |
| json_metadata | {"tags":["partiko"],"image":["https://cdn.steemitimages.com/DQmbHzb3cyvDfb7juyVDeZvF2iW3sgZkmrG3ftrhAb6nYXq/F59B4B33-1784-4431-B1FD-AEB77F423EB2.png"],"links":["https://www.coindesk.com/ripple-medieval-banking-digital-twist"],"app":"steemit/0.1"} |
| created | 2018-11-25 07:05:09 |
| last_update | 2018-11-25 07:09:15 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-12-02 07:05:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 537 |
| author_reputation | 20,200,111,452 |
| root_title | "Crypto Crash and The Search For Meaning While We All Go Broke" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 75,868,867 |
| net_rshares | 0 |
hiveblocks