Piotr Piasecki is a senior developer at Factom and an MSc in Computer Science who wrote a master thesis on the subject of bitcoin security in 2012.
In this article, Piasecki offers his commentary on the rising price of XRP, the native token on the Ripple Consensus Ledger, aiming to offer a valuation for the cryptographic asset based on its underlying protocol and desired utility.
As some of you might know, I really like the idea behind the Ripple system.
Creating a settlement layer based on trust and IOUs, being able to issue any asset easily, working quite well as a middleware layer, incentivizing…