Ripple

Ripple
Symbol XRP
Established 01.05.2013
Website URL Link
Block explorer Link
Off. announcement​ ---
Founder Chris Larsen & Jed McCaleb
Algorithm ECDSA
Protocol
Reviews 0 / 0

Ripple is both a digital currency (XRP) and a payment system. The goal of the ripple system, according to its website, is to enable people to break free of the “walled gardens” of financial institutions: credit cards, banks, PayPal and other that spoil the experience with fees and delays.

Ripple is run by mathematical algorithms and follows fixed rules that never change. This is why Ripple is secure and reliable. Since nobody controls XRP, it cannot be created out of thin air, falsified, or duplicated. XRP is free from third-parties and intermediaries.

XRP plays an important security role within the Ripple network. Every Ripple transaction burns a little bit of XRP as a transaction fee. But this fee is negligible since it amounts to approximately a couple of cents.

Another security measure is the XRP reserve system. The XRP reserve is the minimum amount of XRP needed for actions that require network resources. The Account Reserve is the minimum amount of XRP needed to activate a Ripple account. These measures protect the system from overloading.

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    News and Tweets

    Below you can find news and recent tweets related to this cryptocurrency, obtained from various sources.

    Could a Post-Swell Ripple Dump Cause XRP To Drop Another 50%?

    newsbtc, Thursday, November 7, 2019 6:00 PM

    Crypto Influencer Explains Why Ripple Can’t Burn XRP Like Stellar Burnt XLM

    bitcoinwarrior, Tuesday, November 5, 2019 9:57 PM

    Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales

    coindesc, Tuesday, November 5, 2019 11:36 AM

    Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

    newsbtc, Tuesday, November 5, 2019 3:00 AM

    What’s Next in the Securities Case Against Ripple Over XRP

    bitcoins, Monday, November 4, 2019 4:00 AM

    XRP Price Predictions Ahead of Ripple Swell Conference

    bitcoinist, Tuesday, October 29, 2019 12:30 PM

    XRP Price Predictions Ahead of Ripple Swell Conference

    thebitcoinnews, Tuesday, October 29, 2019 12:30 PM