Coinbase Submits Patent Application for Bitcoin Payment System Populous (PPT) Witnesses 57% Gain In Greenish Market Ripple’s XRP Dominates the Market: Joseph Lubin Ethereum Co-Founder Adds on the Litecoin Price Analysis: LTC/USD Preparing for Next Break Bitcoin (BTC) Price Analysis: Inverse Head and Shoulders TokenPay (TPAY) has again decided to mock Ripple (XRP) and Neo (NEO), saying the two cryptocurrencies are centralized. TokenPay, in a retweet, stated that NEO is centralized just like XRP.
The retweet opined that NEO foundation controls all NEO nodes, pointing out that it is “Chinese Ethereum”. “$NEO centralized just like $XRP.
The fake “Foundation” (fancy word for a company masked as a charity) controls all the nodes. “Chinese Ethereum”.” Decentralization has been a significant concern for the cryptocurrency community; many analysts are of the opinion that all blockchain-affiliated technology must entirely be out of the management of some selected few i.e.
government, and not be involved in anything that has to do with centralization. Above aphorism has resulted in a part of the cryptocurrency community alleging that Ripple and NEO are not real cryptocurrencies.
The basis for their argument has been that XRP, like NEO, was not designed to be a coin or a normal cryptocurrency by the standard definition. To them, Ripple’s XRP, which focuses on making blockchain as healthy as possible is majorly for the good of the institutions that Ripple collaborates with i.e. Read more from ethereumworldnews.com…
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