Category: Ripple

New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus

New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus

A brand-new paper which analyzes the Ripple network concluded that the network does not reach true consensus, as its protocol “may violate safety and liveness,” and doesn’t follow the established models and algorithms for a Byzantine agreement. Report Claims XRP’s Network Is Vulnerable to Malicious Actors According to Ignacio Amores-Sesar, Christian Cachin, and Jovana Micic, […]

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Bitcoin, Ethereum and XRP (Ripple) are “quasi-monetary units”, says IMF

According to the International Monetary Fund (IMF), Bitcoin, Ethereum and XRP (Ripple) are classified as “quasi-monetary units”. In the case of the introduction of a Central Bank Digital Currency (CBDC), cryptocurrencies would have to be clearly delineated.  The International Monetary Fund (IMF) recently published a working paper entitled “Legal Aspects of Central Bank Digital Currency: […]

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Ripple’s remarkable 291% rally in November in jeopardy as the chart prints this critical bearish pattern

Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP […]

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