Coinbase Should Add XRP, Ripple CEO Believes

Brad Garlinghouse believes that XRP solves the scaling problems for financial institutions and large banks and this should interest Coinbase
25 June 2018   1655

The largest American cryptocurrency company Coinbase has everything to integrate XRP, the digital currency of the Ripple network. This was stated by Ripple Labs CEO Brad Garlinghouse at the CB Insights Future of Fintech conference.

According to the head of Ripple Labs, which controls the same payment platform worth $ 18 billion, XRP solves the scaling problems for financial institutions and large banks, and Coinbase should be interested in this digital currency.

Garlinghouse stressed that XRP exists independently of Ripple. This means that even if the company disappears, its currency will continue to exist as a cryptoactive. In addition, XRP tokens are used to conduct transactions between institutions and individuals as a utility currency, unlike shares and other traditional securities.

I don’t think that our ownership of XRP gives us control. Saudi Arabia owns a lot of oil—that doesn’t give them control of oil.

Brad Garlinghouse

CEO, Ripple

As CCN notes, the analogy with Saudi Arabia and its control over oil is related to the consensus XRP algorithm. Unlike protocols like EOS that use Proof of Ownership (PoS) and give tokens more control over the network, XRP uses its own algorithm.

Coincheck Users to Earn Crypto For Survey Participation

Coincheck Survey service is going to be launched on 10th of September
04 September 2019   916

The leading Bitcoin exchange in Japan, Coincheck, together with marketing company Macromill, will launch the Coincheck Survey service, which will allow users to earn points for participating in surveys, and then exchange them for cryptocurrencies. This was reported in a press release by the Monex Group, the parent company of the exchange.

In particular, the points obtained from passing the polls can be exchanged for Bitcoin, Ethereum and Ripple.

Note, in order to participate in the surveys, you must have an account on Coincheck.

The launch of the new service is scheduled for September 10.