RE: How to buy Bitshares on Ripple

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How to buy Bitshares on Ripple

in bitshares •  9 years ago  (edited)

Do you know that the ripple network is a privatized blockchain?

So it's actually a centralized system.

That makes BTS (Bitshares) extra interesting don't you think?

https://steemit.com/bitshares/@c15k0/is-bitshares-the-future-of-trading

bitshares
9 years ago by

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      ·  9 years ago 

    Any blockchain is "private", your private share is the amount of tokens. The network runs to validator servers running "rippled". Anyone can add a validator server to the network, because it's open source software. The reason why Ripple is so "hated" among some is because it was the first real alternative to Bitcoin. Now BTC is "centralized" on a few Chinese miners while Ripple continues to distribute the XRP token and more non-Ripple owned validators are added to the network.

    But, let's say you have XRP and you don't want to hold that token anymore. Well, if BTS is the alternative, you can use your XRP to buy BTS and maybe some people didn't know how. That's the reason why I wrote this article :)

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