What is Ripple?

in #steemix6 years ago (edited)

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.


Source

Sort:  

You got a 5.42% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

This post has received a 14.26% upvote from @lovejuice thanks to @videoaddiction. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

You got a 33.33% upvote from @whalecreator courtesy of @videoaddiction! Delegate your Steem Power to earn 100% payouts.

You got a 50.00% upvote from @seakraken courtesy of @videoaddiction! Release the Kraken!

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62952.44
ETH 2542.20
USDT 1.00
SBD 2.65