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And you thought Bitcoin hard Forks were bad: https://bitcoinmagazine.com/articles/monero-just-hard-forked-and-it-resulted-four-new-projects/ Just shows the increasing importance of and need for coins that focus on responsible governance and have such mechanisms built into their crypto networks to avoid the fracturing of projects.
The forks for Bitcoin are once again causing market uncertainty and unstable prices; I break down the fork news and talk about the differences between how Bitcoin, Ethereum, and XRP code is governed. Can you guess which of those three has the type of enterprise-level code governance that banks and FIs will want? Hope you enjoy the read & feel free to leave any feedback below. As usual, please feel free to share my blog on any other media, and thank you for doing so! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
Given Ripple's (the company) unique position, I would like to know whether Ripple has policies in place for responding to compromises in the security of the central ledger and protocols? There's a lot of (well written) software and protocols backing all that is Ripple. Software has bugs. Protocols have mis-features. All of these >> can << open the door to cyber-attack. I want to know if Ripple has thought about how to deal with these crises? Picture a (worst-case?) scenario where the central ledger had to be taken off-line for some reason. Would Ripple warranty against losses incurred by customers needing to make transactions? Apologies if this is a daft question.