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The Ripple Consensus Ledger Concept create free bitcoin casino

The Ripple Consensus Ledger Concept create free bitcoin casino

The Ripple Consensus Ledger Concept

As this company has been focusing on the development of blockchain technology digital currency enthusiasts will know the name Ripple. Or to be more exact, they provide financial settlement solutions.

But that isn’t all this company does, as they also want to provide direct trades in real-time, which can be of value in the global money transfer sectoroshi site Settling these international transactions in real-time is made possible thanks to the Ripple Consensus Ledger, which can be the foundational distributed ledger for its XRP asset. Unlike Bitcoin miners, the Ripple system employs individual validators to confirm transactions and bitcoin casino with high payout chance.

Ripple Consensus Ledger

One of these Ripple validators will be conducted by MIT, as their Connection Science research initiative is investigating the options of a global Byzantine consensus database. As MIT is one of the world renowned technological institutes, this news is a significant notch in the belt for Ripple. Moreover, more validators on the Ripple Consensus ledger will strengthen the network, and offer decentralization to this concept.

MIT Professor, Alex Pentland, shared his vision as follows:

In this new experiment with Ripple, we are taking MIT’s experiential research approach to the blockchain, and we expect this collaboration provides us new opportunities to test and deploy information applications and research.We’re happy that the Ripple team has fostered a meaningful dialog with us about the future of fund through the decentralization of electronic currencies and value.

Managing Director David Shrier and professor Pentland will lead MIT’s participation as a Ripple Consensus Ledger validator. Furthermore, MIT Link Science will continue to develop novel blockchain initiatives, and open source their code projects under the Internet Trust Consortium»umbrella.»

Both entities have a lot of mutual respect for each other, and Ripple is very excited to have MIT on board. Allowing money to move freely through the world — similar to how information is shared on the Internet —  is a significant project, and with such a renowned institute contribute to these efforts can be invaluable to Ripple.

It must be said that MIT won’t have to use too many resources up to be a validator on the Ripple Consensus Ledger. All of these systems are extremely lightweight, and can be compared to running an email server. Keeping in mind how this technology has been embraced by 30 distinct banks around the world, exciting things appear to be on the horizon for all parties involveda href=»https://bitcoincasinoreview.info/zigzag777-casino-review»>zigzag777 scam

What are your thoughts on MIT getting a validator on the Ripple Consensus Ledger? Tell us in the comments below!

Source: Business Wire

Images courtesy of Ripple, MIT, en.wikipedia.org

Source: bitcoincasinoreview.info


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