Why I believe Ripple is going to be huge in the years to come!

in cryptocurrency •  7 years ago 

I've always been a fan of Ripple from the time I read the white paper and its vision of the Internet of Value. I tend to keep this post short and sweet. Lets briefly look at some of the reasons why Ripple is going to be a major force in the years to come

1. Partnerships , partnerships and more partnerships

Ripple is partnered with more than 150 banks around the world. Ripple's XRP is one of those cryptocurrencies that not only is very successful but has real world use cases. Ripple strategy is to give Banks the flavor of their product XCurrent and once they get used to it, will introduce them to XRapid, which uses XRP.

2. Ripple's focus on Technology improvement

When Ripple started out, they had a transaction processing time (TPS) of 4 seconds.Now with their Cobalt implementation, they have successfully reduced the TPS to 1 second.

3. Ripple's focus on more decentralization

Once Cobalt is fully implemented with nodes all over the world, Ripple will become fully decentralized.

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It's huge already!!! HUGE SHIT!

This post has received a 7.28 % upvote from @boomerang.