RATE Group | Ripple’s XRP Dominates the Market: Joseph Lubin Ethereum Co-Founder Adds on the Firm
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Ripple’s XRP Dominates the Market: Joseph Lubin Ethereum Co-Founder Adds on the Firm

Ripple’s XRP Dominates the Market: Joseph Lubin Ethereum Co-Founder Adds on the Firm

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Co-founder of the second-in lead by market capitalization Ethereum – Joseph Lubin, noted out his thoughts on Ripple‘s tech and EOS. Interviewed for Bloomberg.

When Mr. Lubin was asked about the current crypto-environment and the market, more precisely about networks and protocols that would give decentralization or speed for security, he remained unfazed while replying:

“Ripple isn’t really a Blockchain technology, it’s sort of a payment system, so I don’t really consider that a competitor,”

While for EOS he added:

“a slightly, maybe slightly, decentralized approach at building a Blockchain system.”

The slightly quality was labelled to EOS as Joseph Lubin described the decision-making system of twenty one people that know each other:

“EOS is an interesting technology but it’s incredibly dangerous to treat it as a layer-one technology,” he continued, disagreeing his perspective was “geek speak for the death of EOS.”

Ripple’s XRP

However, on the other side…

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