XRP IS A DIGITAL CURRENCY POWERED by Digital Asset and Payment Processing Software - Ripplenet. Unlike Many Other Cryptocurrencies, Xrp Is Not Built On The Blockchain, But On Top of the XRP Ledger Distributed Ledger Database. ANOTHER DIFFERENCE IS THAT RIPPLE IS OWNED BY PRIVATE INVESTORS AND IS NOT INITIALLY A DECENTRALIZED PROJECT. Ripplenet IS A Division Of Ripple.
The Ripplenet Payment Platform Is A Real Time Gross Settlement System (RTGS) That Aims To Guarantee Instant Money Transactions Around The World.
Despite The Fact That Xrp Is Considered The Native Cryptocurrency of Xrp Ledger, The Platform of Any Currency, Both Fiat and Cryptocurrencies.
The History of the Project Is As Followows. IN 2004 RYAN FUGGER PROPOSED TO CREATE A PROJECT IN THE FORM OF A PAYMENT PLATFORM FOR INTERBANK TRANSFERS. In 2012, Jed McCaleb and Chris Larson, Working On The Opencoin Project, Began to Design and Develop The Ripple Project.
KEY FEATURES OF XRP
XRP WAS Created by Ripple As a Fast, Less Costly, Highly Scalable Alternative to Existing Cash Payment Platforms and Many Digital Assets. XRP CAN BE CONSIDERED A DIRECTITITOR TO THE INTERNATIONAL SWIFT SYSTEM.
Ripplenet's Distributed Ledger Is Maintained by The Global XRP Community, Which Keeps This Cryptocurrency Running Smoothly. Ripple Plays An Important Role In This Process, Is A Validator. Interestingly, Among Xrp Validators There Are Large Financial Institutions and Universities. In Theory, Anyone Can Become A Project Validator.
XRP Is Usually Bough As a RelativeLy Stable Asset In The Cryptocurrency WORLD. The Coin Has Good Infrastructure for Use, Trade and Storage.
ripple to USD Forecast
Looking into the future and trying to predict the course with a minimum of data is not a good thing, especially when it comes to crypto quotes.
The XRP / USD rate will definitely not stand We have a chart of changes in the value and price of ripple / USD тonly for today, Price today 19 Oct. 2021.
These data are not enough, besides there are many factors that do not yet allow making realistic long-term forecasts.