Bitcoin and its many exchanges seem to face a number of issues related to scaling (massive blockchain, constant attacks, respectively). Will Ripple likewise suffer from any of these issues, if not those specifically?
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Nathan Ihara, I have done freelance work for Ripple.com. It's a complicated but exciting technology and I enjoy trying to explain it to people.I have done freelance work for Ripple.com. It's a complicated but exciting technology and I enjoy trying to explain it to people.
The Ripple network uses its native currency, ripples or XRP, as a security measure against attacks. Every transaction destroy a fractional amount of XRP. This does not affect normal users, but it prevents excessive transaction volume from disrupting the network. (The Ripple developers not only sought to improve on Bitcoin but to improve on the Internet too!) There's more detailed info about the process here: Scalability - Ripple Wiki