Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering.Industry news outlet CryptoNews reported the change in Ripple’s product offering on Oct. 9.
Per the report, a company’s spokesperson explained that now, “instead of buying xCurrent or xVia, customers will connect to RippleNet — on-premises or through the cloud — and instead of buying xRapid, clients will use On-Demand Liquidity.” The Ripple representative also said:
The company reportedly believes that moving from a suite of services to offer a network to its customers is a natural evolution of its strategy due to the growth of its user base and development of its standard. He concluded:
” He said that there is a “bunch of misinformation” out there, but claimed that this is in part because Ripple is “ten or a hundred times more transparent than anyone in the crypto community.”
Little more than the names changed
Per the report, a company’s spokesperson explained that now, “instead of buying xCurrent or xVia, customers will connect to RippleNet — on-premises or through the cloud — and instead of buying xRapid, clients will use On-Demand Liquidity.” The Ripple representative also said:
“Other than the names of the product, very few things have changed and will not affect our customers.”
More than a software suite
The company reportedly believes that moving from a suite of services to offer a network to its customers is a natural evolution of its strategy due to the growth of its user base and development of its standard. He concluded:
“RippleNet is more than just a suite of software.”As Cointelegraph reported yesterday, alluding to the spate of controversies that have beset the project, Ripple CEO, Brad Garlinghouse, argued that Ripple’s “transparency has opened us up to attack.
” He said that there is a “bunch of misinformation” out there, but claimed that this is in part because Ripple is “ten or a hundred times more transparent than anyone in the crypto community.”
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Francisco Gimeno - BC Analyst One of the issues with everything blockchain and crypto is the difficulty for many not just to understand the tech but also how to use it. Usability is hard yet. When the user base grows like they say, is normal they look for simpler ways to make them interface and interact with the network. This needs to happen everywhere in this new tech.