XRP (XRP) price today is $0.3769, XRP (XRP) charts, XRP (XRP) marketcap, XRP (XRP) price history, XRP (XRP) exchange, XRP (XRP) trading volume & more

 

Ripple price today, Ripple trading volume, Ripple market cap live, Ripple rank today

 

  • ripple
    XRP (XRP)
  • Live Price
    $0.3769
  • 24h %
    -5.22%
  • Market Cap
    $15.86 B
  • Volume
    $2.06 B
  • Available Supply
    42.12 B XRP
  • Rank
    3

 

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What is Ripple XRP? - XRP coin explained, XRP price, XRP price charts & more

how to buy ripple xrp - ripple xrp price, charts, market cap

Before diving into how to buy Ripple xrp instantly.

First, I will explain Ripple XRP coin in simple words

Ripple xrp coin explained: Ripple was first introduced in 2012.

Ripple was first named "opencoin"

After it was changed to ripple labs and in 2015 name was settled on ripple-coin.

The company behind ripple was one of the first five companies to receive BitLicense in New York.

Ripple is not really a blockchain based technology.

It is consensus-oriented based not blockchain.

Ripple uses Ripple Protocol Consensus Algorithm (RPCA) algorithm.

It uses a HashTree to summarize the data into a single value that is compared across its validating servers to provide consensus.

Ripple’s token, XRP, is not mined like other cryptocurrencies such as Bitcoin, Ethereum Litecoin etc.

Instead, it was issued at its inception, similarly when a company issues stocks when it incorporates.

There is 100M XRP token which is available for supply.

There is no limit that company will only release 100M XRP token.

It can release more if such proposition arises.

The main purpose of the ripple is to be a global settlement network.

A platform to allow anyone to transfer money in any currency to any currency in no time.

This is a revolutionary goal meant to overcome the use of older systems like Western Union or SWIFT or to completely eliminate them.

Ripple xrp network can process 1500 transactions per second has been updated to be able to scale to Visa levels of 50,000 transactions per second.

Which is huge as compared to Bitcoin or other cryptocurrencies as Bitcoins can handle up to 7 transactions per second.

There is other added benefits, most important security.

For example, the bank in the USA alone loses $15 TO $10 Billion in (VISA, MASTERCARD) credit card fraud annually.

It is for this reason that Ripple XRP network has been adopted by more than 100 other financial institutions.

They intend to use it should blockchain technology become embraced.

As more and more financial institution accepts ripple payment network than Ripple coin price has no limit.

 

 

Ripple Price Chart & Graph


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Compare Ripple price live & Ripple trading volume (24 h) on the Ripple Exchange

 

# Exchange Pair Price Volume (24h) Updated

 

Ripple price history,  Ripple volume history,  Ripple market cap history

 

Date Price Volume MarketCap

 

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