Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Niko on October 24, 2018, 06:56:48 PM
-
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Ripple is built upon a distributed open source internet protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. [3] [4] Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks."
Ripple is based around a shared public ledger, [5] the XRP Ledger, [6] which uses a consensus process that allows for payments, exports and remittance in a distributed process. The network can operate without the Ripple company; [7] among its validators are companies, internet service providers, and the Massachusetts Institute of Technology. [8] [9] The ledger employs the decentralized native cryptocurrency known as XRP, which as of September 2018 was the third largest coin by market capitalization. [10] [11]
Used by companies such as UniCredit, UBSand Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, [12] with American Banker explaining that "from banks' perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrency like Bitcoin. "[13]
-
Crypto Currencies Ripple is an open payment system that is still beta. The goal is that people can be separated from financial institutions such as banks, credit card companies, and other networks that charge fees and cause delays. According to market and capital size, Ripple is the third largest crypto currency, after Bitcoin and Ethereum.
-
Well said, and in addition, the Ripple network is managed by a range of independent servers comparing their transaction records constantly. A new ledger of Ripple is created each second. Again, Ripple are not designed to be mine like most altcoins like dash, litecoins etc.
-
I believe Ripple is a good coin that has a certain growth potential.The team has big names in the list of partnerships, and the coin has a huge community of supporters.It can be assumed that the coin will flourish in the near future.
-
I believe Ripple is a good coin that has a certain growth potential.The team has big names in the list of partnerships, and the coin has a huge community of supporters.It can be assumed that the coin will flourish in the near future.
right, I agree with what you assume. ripple is a good altcoin to be used as a long-term investment and is currently experiencing price increases.
-
This is a non-descriptive topic title, I hope you learn it today.
You might get negative karma so pls try to explain the content with your keywords on title
Plus add the source links, other users may report you as plagiarist on decentralized team board https://www.altcoinstalks.com/index.php?board=323.0