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  1. I get that using xCurrent or xRapid for international money transfers make sense. What if two different parties want to send money to each other and they utilize the same bank and are in the same country. Does using xCurrent or xRapid make sense? Or are national intrabank transfers more useful? What if it’s two parties with two different banks in the same country? Does it make sense then? Why? Why not? Are there any visuals that can help me understand?
  2. I have a feeling this would be the major milestone for serious adoption and the real growth of XRP price?
  3. Short Answer: XRP's Both Bitcoin and Ethereum are proof of work algorithms that depend on more than $1 million of electricity per day to security their network. This can lead to centralization of server farms in specific countries, under the control of just a handful of mining operators. This is a non-trivial issue, and Ethereum acknowledges the traditional risks faced by all Proof-of-Work based consensus algorithms.(source: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ) The Problem with Ethereum It's just too slow. And the foundation knows it. And it can't scale. Right now, Ethereum can only support roughly 15 transactions per second. XRP can support 1000 TPS out of the box. (without payment channels) Ethereum proponents don't go after the same markets as Ripple for this very reason, and they also know that businesses do not like the idea of Proof of Work once they truly understand what it means, along with the associated risks of 50% attack, etc... Even Ethereum proponents admit that Ethereum's current Proof-of-Work algorithm is horrendous in terms of the electrical usage, and that it will be updated to use an entirely different type of consensus algorithm eventually. (source: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ) The paper goes into impressive depth about the challenges that they face when venturing into relatively uncharted territory of utilizing a proof-of-stake approach. Purposely No Mention of XRP? Another, more subtle observation about their analysis of POW vs. POS vs. Byzantine, is that they never (not once) mention Ripple or XRP by name in the whitepaper, which is noteworthy in its absence, given the fact that they talk openly about Peercoin, and how their own plan is to improve on it's POS consensus algorithm. Is it accidental, or is it by design; almost a nod to the fact that they don't want uneducated readers to know about the superior performance that the XRP consensus algorithm delivers? Because of their current dependence on the backwards notion of "proof of work" to secure their network, the Ethereum foundation is looking at changing the entire consensus algorithm. And if this happens, businesses will be very reticent to use Ethereum until they're sure that they "got it right." They've given the code name "Casper" to their new consensus algorithm, and details of how it will work are still in the early stages. It's creator, Vitalik Buterin, described Casper as "consensus by bet." Now there's three words a banker doesn't want to hear. (source: http://www.coindesk.com/ethereum-casper-proof-stake-rewrite-rules-blockchain/ ) The Conservative Nature of Banks and Financial Institutions In the modern age of crypto-currency, it takes years to prove to an industry that a distributed ledger is working successfully with no erred transactions. XRP just closed 30 million ledgers successfully (source: https://xrpcharts.ripple.com/#/). This kind of reliability takes years to prove, especially to conservative technology partners like banks, financial institutions, and central banks. That's why Ripple has been chosen time and again to work with these partners on innovations for payments and cross-border value transfer. Meanwhile, Ethereum has proposed their new "proof-of-stake" algorithm in papers, and has not yet set a date to implement this core code change to its network. How will it work with existing Ether? Nobody really knows for sure yet. Even though Vitalik Buterin shared some code recently, it was described as being only three-fourths written, even as recently as April 5, 2017. (source: https://www.ethnews.com/proof-of-stake-vitalik-buterin-shares-casper-contract-code) If you were the CIO of a bank, who would you choose to work with?
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