Ripple update: Why Consensus is better than Proof of Work
Consensus is better than Proof of Work.
When it comes to all categories of strengths for a decentralized cryptographic network, XRP is stronger than Bitcoin in every category: Double-spend prevention, security, censorship-resistance, dependability, scalability, and settlement speed.
The fact that we’re even still talking about Bitcoin in 2018 is a testament to how effective protectionist market interference can be; but XRP doesn’t care – it is being adopted at scale by real businesses for real global commerce. There are a myriad of reasons for this, but in this blog, I focus in on one specific aspect of XRP: its transaction validation model and how it compares to Bitcoin.
I hope you enjoy! Please leave any feedback below.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Don’t forget to share the post if you love it !