Ripple has become a Major Bitcoin Alternative

Ripple has become a Major Bitcoin Alternative

Ripple has become a Major Bitcoin Alternative

Ripple has now gained almost 35,000% this year, overtaking ethereum on Saturday to become the world’s second-biggest virtual currency.

Ripple has had the biggest growth in value among notable digital tokens this year. It went from less than a cent ($0.006523) in January to $2.24 on Saturday, which represents a surge of almost 350 times in value.

After Saturday’s jump, ripple’s market cap hit $86 billion at 12:00 GMT, leaving ethereum $20 billion behind.

While bitcoin and many other cryptocurrencies are known for being decentralized, ripple owners are known and the cryptocurrency is centralized.

The ripple cryptocurrency, XRP token, operates under parent company Ripple, a privately funded firm based in San Francisco, California.

According to its founders, ripple seeks to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks.”

The advantage of ripple, according to its backers, is that it is not just a cryptocurrency. It is also used as a digital protocol that acts as a bridge to other currencies and doesn’t discriminate against peers, whether they are using digital money, fiat currencies, or even mobile minutes.

Over the next decade the crypto-economy will exceed 10 trillion dollars. Cryptobanks and Cryptocurrencies will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, creating new cryptocurrency payments scenarios and lowering interest rates.

GBiT and GBITX are creating a secure, non-diluted Cryptocurrency that interacts in real time with the exchange.

Blockchain is the key innovation behind Cryptocurrencies which has much to offer than anyone could possibly imagine. Blockchain contains a long list of applications beyond the cryptocurrency landscape. The increasing popularity of Cryptocurrencies is paving a way to for blockchain exchange platform development. In addition, cryptocurrencies exchanges refer to the websites that handle the trading of cryptocurrencies. Cryptocurrencies exchange platform provide a number of advantages for cryptocurrencies management as they can come in use as a storage medium as well as engage in selling, buying and trading cryptocurrenciess.

GBiT makes it easy to access and use a super secure cryptocurrency that has all of the benefits of Bitcoin and more. Transactions in GBiT happen faster and are more anonymous but within our proprietary checks and balances. Did you know that anyone with your public Bitcoin wallet address can see how many bitcoin you have, and your entire transaction history? GBiT protects your transaction history and wallet contents from prying eyes, whilst leaving publicly accessible transaction hashes available for the technically discerning to authenticate transactions.
Super Secure – Unhackable Offline Wallets
“Googling” for Bitcoin Hack or Ethereum Hack will find you dozens of stories of stolen cryptocurrencies. We’ve developed an OFFLINE wallet that is 100% secure. You can create as many offline wallets as you like (free) and transfer the bulk of your GBiT or other Cryptos to those wallets.

They are literally impossible to hack.

If you imagine every grain of sand in the world as a lottery – the odds against someone gaining access to an GBiT offline wallet is the same as them winning every single one of those lotteries AT THE SAME TIME.

The following two tabs change content below.
S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Latest posts by S. Jack Heffernan Ph.D (see all)

You must be logged in to post comments :  
CONNECT WITH