Questions tagged [ripple]

Questions about Ripple are off topic. This tag should be used for questions regarding Ripple, an alternative cryptocurrency. Such questions can include how Ripple works and things that can be done with it. Ripple is also known by its ticker symbol, XRP.

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol.

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How does Ripple solve the double-spend problem?

How does the Ripple system solve the double-spend problem? Does it also use some block-chain-like entity that officially dictates which transactions are confirmed and which are not, or does it use some other clever mechanism?
ThePiachu
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What are the pros and cons of Ripple's consensus as compared with Bitcoin's proof-of-work?

One of the major differences between Bitcoin and Ripple is how they process transactions. I can think of three ways in which Ripple's "consensus" scheme is superior to Bitcoin's proof-of-work: Less energy-intensive No 51% attack Faster…
Manish
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What is Ripple and how does it compare to Bitcoin?

What is Ripple, and how does the system compare to Bitcoin?
ThePiachu
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How does one mine Stellar

I was able to mine Ripple for a time using boinc, will Stellar offer something like this? are there other ways to mine Stellar?
Phill Pafford
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Is Ripple centralized or decentralized?

Are people still fighting about this or have they come to a consensus? Also, as of today (Sep 2015), what is the main advantage of Ripple over Bitcoin?
Peter Mel
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What happens when a gateway on the Ripple network defaults or simply vanishes?

What happens when a gateway on the Ripple network defaults or simply vanishes? Do people that got their money from it lose that money, do other gateways honour the IOUs issued by that gateway still, or does something else happen?
ThePiachu
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What is the difference between Ripple and Stellar?

I went through the site but I don't see how Stellar differs from Ripple. I see that there are differences in distribution, everything is made open source from day one and the company is non profit instead of for profit as in Ripple. Both were…
Emre Kenci
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How Ripple is different from Bitcoin and other crypto-currencies?

How Ripple is different from bitcoin and other crypto-currencies? What does Ripple do that is different from bitcoin? Riple and Bitcoin are two different implementation of p2p currency and fund transfer protocol. Similar constructs exist both the…
vi.su.
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Where can I find how much one XRP (Ripple unit) is worth?

XRP are the units of the new Ripple.com system. Where can I find how much they're worth right now? Historic charts?
ripper234
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What benefit or incentive is there for someone to run their own ripple client or ripple server?

What incentive is there for someone to run their own Ripple client/server in order to make it an actual decentralized system? With Bitcoin, you can mine to generate new bitcoins and collect transaction fees. Is there a Ripple equivalent?
SlickTheNick
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Bitcoin without mining

Several months ago I've stumbled an interesting question about the Ripple system: How does Ripple solve the double-spend problem? Specifically about how double-spending is solved in Ripple. As you can see only @David Schwartz replied to my comments…
Luca Matteis
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Why does bitstamp have two addresses for Ripple?

The bitstamp address "to trust" is rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B, however when you withdraw money, it you get it from rrpNnNLKrartuEqfJGpqyDwPj1AFPg9vn1 instead. Why? With weexchange I got the money from the same address I trusted.
o0'.
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How will Ripples be distributed?

What is the distribution plan to get Ripples (XRPs) distributed to the general public? How will hoarding / spoofing be tackled? (E.g. with a faucet based on Google account auth, one could open several google accounts and get "too many" XRPs).
ripper234
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Does Ripple allow one to issue their own currency?

Does Ripple allow one to issue their own currency, similar to how ripples (XRP) were created at the system's inception?
ThePiachu
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Why does Ripple use Blockchain technology in the first place?

This is what I understand Ripple's use-case with banks. You and I announce to a trusted third party that $10 million of my money should now be considered yours. This third party isn't a middleman who holds debt, - it simply keeps track of IOUs and…
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