What is Ripple?
Founded in 2012 as a payment network, Ripple has entered the world of crypto money as Ripple XRP. Ripple's other crypto coins are not mining such as working with a blockchain called ledger. Ripple is also managed by a company.
Due to its centralized operation, Ripple stands out as a coin and network preferred by the payment systems provider, large corporations and banks.
Ripple aims to eliminate commissions and time in money transfers. It is possible to perform Ripple transfer within 4 seconds, so it is aimed to use Ripple not only among the individuals but also among the banks.
The fact that the American Express shipping company announced that it had begun work on Ripple in November led to an increase in Ripplen's price.
Since mining cannot be built in Ripple, it can be bought and sold on the market.
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