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Ripple (XRP) Might Soon Permanently Take Over the 2nd Spot in Market Capitalization


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We are fully Taking Over? https://zycrypto.com/ripple-xrp-might-soon-permanently-take-over-the-2nd-spot-in-market-capitalization/

I think it's inevitable.  Go to /r/ethtrader and all I hear is that it will take another year of development to make ETH production ready for commercial ventures.  It's too slow, it's too expensive. 

it already did.....

I think it's inevitable.  Go to /r/ethtrader and all I hear is that it will take another year of development to make ETH production ready for commercial ventures.  It's too slow, it's too expensive.  It's middle of the road.  It became popular because of its smart contracts, but Codius is just way better - developers can use any language, use any crypto as a means of currency....on an infrastructure that can scale up (ETH just cannot scale).  Can anyone name me an ERC20 token that's scaled up and being used commercially?

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Nothing is for granted as long as the market remains driven largely by speculation.

Perhaps I'm wrong, but until we see Xrapid fully deployed, my bet is that ETH will bounce around and likely regain its #2 spot.

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1 hour ago, 2ndtimearound said:

It became popular because of its smart contracts, but Codius is just way better - developers can use any language, use any crypto as a means of currency....on an infrastructure that can scale up (ETH just cannot scale).

Codius has lots of drawbacks to me....

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14 minutes ago, Yodaxrp said:

Could you pls expand your point?

I'm no tech guy at all and would like to have an opinoin of somebody savvy.

Well, codius has very little of decentralized application. It's more like hosting of dockers where everyone can pay to keep the docker running.

  • There is no guarantee that the software will run forever (because hosts can close, terminate your application and so on)
  • There is no proof of decentralization
  • There is no intrinsic consensus and coordination of the application. It is up to the developer of the app to build a robust consensus between apps, which is very very difficult (and that's why Ethereum is much slower).

Here a few explanations: https://github.com/codius/codiusd/issues/113

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Ripple needed more XRP invested companies and had the perfect opportunity with Stefan to have a vested connected person still building the ecosystem without being a direct Ripple employee. I wouldn't be suprsised if David or Arthur become full time Polysign and step away from Ripple once they get to a point that XRP networks are relatively stable and running smoothly. David and Arthur have a lot of personal history inventing and creating so I'd be surprised if that desire goes away especially if Ripple related things are no longer challenging and in a sort of maintaining state of existence. 

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