I find that understanding learning better helps with this. Effective learning requires knowing where you are at and what you need to do to get better given where you are at. In this sense trying to be the best is often the wrong goal.
Creator here. I created this app to visualize what is going on on the Ripple Network (kind of a blockchain, called 'ledger') in real-time. The application is written in Elixir/JavaScript, the client uses SVG (d3.js) and mostly css-transitions for visualization. Data is fetched from a public ripple validator using web-sockets, pre-processed server-side and finally broadcasted to the clients.
What you see, are validated transactions (TXs) between addresses. A TX always contains at least one address but can contain multiple (e.g. payment targets, but many more). These TX are not necessarily connected the XRP crypto-asset. The Ripple Network can be used without an asset as a messaging platform.
Check it out and enjoy. You can btw click on nodes to explore them. If you have any feedback or suggestions feel free to comment!
Thank you very much. The first reason is that I program exclusively using functional programming. That said, the choice is somehow limited. I have very good experiences with Elixir. Statelessly streaming uncritical data to a client is a perfect fit for Erlang's/Elixir's "let-it-fail"-paradigm. If the web-socket crashes server-side just let the supervisor respawn it one-for-one, there is no permanent state. I hope that makes sense.
Not a single price of the top 100 crypto-currencies is reflecting their value. They are all over-priced by magnitudes and still "investors" insist it is not a bubble.
Ripple is not necessarily targeted at end consumers. In some cases you may notice lower fees and faster transactions, however, they are targeting banks and payment providers.
Thanks for posting this, this is my understanding.
Ripple is the company that controls 61% of the worlds XRP. XRP is the medium to move money.
While I personally dont like centralized currency, this is how ripple works. Ripple basically decides the price of their own currency since they have sooo much supply.
Unlike other fraudelend coin startups, Ripple made its self subject to regulations. They cannot simply put all their XRP onto the open market. The 55bn locked in escrow are meant to be sold to institutions partnering Ripple, as other comments have already stated. Regulations aren't a bad thing. They are mandatory and prevent us from being scammed in many cases.
The only thing you can blame Ripple for is the insane amount of ripples their founders are holding.
Wrong. They locked away 55 billion XRP and are releasing a certain amount monthly for purchase by investors and institutions. If that XRP is not purchased, it goes back into escrow.
