Ripple was founded in 2012. It aimed to combine the payment network system (RIPPLENET) with blockchain technology. Ripple (XRP) is a centralized cryptocurrency.

    Unlike blockchain systems, Ripple has its own patented technology (Ripple Protocol Consensus Algorithm (RPCA). It operates on its own Blockchain system, but records are managed by the company. With Ripple, the transfer of large amounts of liquid products is made through the blockchain system, in a fast, reliable and affordable price. While 4 transactions can be made per second in Bitcoin transfer transactions, Ripple can perform 1500 transactions in one second.

     It ranks third after Bitcoin and Ethereum.

     Ripple, international shipping with low cost and speed in liquidity products transfer

     It is easy to access. Due to the third place in market value, trading in many stock markets

     It continues to increase its value day by day with agreements with major payment systems provider companies and banks.

     Ripple is not mined or produced. The total amount of Ripple produced is 100 billion units. There are 40 billion Ripple in the market.


     Commission fees charged for transfer transactions are more convenient than others.

     15 of the world's 50 largest banks use Ripple. This number is increasing day by day.


     In the near future, Ripple will acquire an important partner with the digitalization of traditional currencies.

The next two articles are;

Ripple Xpring; Providing financial support to companies that develop products and services to popularize XRP ...

XRP holders will receive Spark tokens as gifts; Ripple-backed blockchain firm Flare Networks ...

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Journey To The Cryptocurrency Ocean
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