Ripple (XRP) News, Price Predictions, Opinions and Analyses Created by Users

Ripple (XRP)

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Ripple Labs created the Ripple network and the XRP token in 2012 with the purpose of making cheaper, faster cross-border payments. Ripple was thought of by Jed McCaleb (founder of the Stellar Foundation), Arthur Britto and David Schwartz, and developed from an earlier idea called OpenCoin. 

Ripple’s specific purpose as a settlement system has seen it form multiple partnerships with banks, forming a network that has since been termed as “RippleNet”. Ripple’s extensive collaboration with banks - including cross-border pilot programs - has won favor with financial institutions in several continents, and executives from the company have been known to discuss the implementation of decentralized financial systems with high-level financial industry insiders, like the IMF’s Christine Lagarde. 

Ripple also has close ties to SBI Financial Holdings, a Japanese financial giant that is keen on leveraging the token to improve financial services in Asia. President Yoshitaka Kitao has joined the Ripple Board of Directors. This, along with the extensive efforts to help banks test cross-border payments using Ripple’s technology, has emboldened investors, who believe that Ripple will act as something of a bridge between traditional banking systems and new technologically-empowered systems. 

Ripple’s quicker settlement times compared to Bitcoin (transactions take a few seconds to get validated) and its lack of energy-intensive mining has led some people to say that it is a better means of exchange than Bitcoin itself. Having said this, Ripple is still primarily focused on becoming a new form of SWIFT, one that can assist existing banks and its customers speed up international payments.

In this tag, read Ripple (XRP) news, price predictions, opinions and analyses created by users.


Higher Centralization, A Political Message, Temporary Spike in Fees - Welcome to Post-Bitcoin Halving !

24 May 2020 2 minute read 0 comments CryptoUser

Bitcoin’s third block reward halving happened on May 11 with a secret message embedded in the penultimate block #629,999 mined by F2Pool. The message says: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue”. This refers to...

Ripple's new charge: violation of securities laws

23 May 2020 2 minute read 0 comments Queen CZ🍒

Another case has been filed in court against Ripple. The case accuses Ripple of violating securities laws by selling and marketing XRP tokens. In this case, Ripple is accused of supplying XRP solely because of the wealth of the project's founders and...

Xrp Target $5

23 May 2020 1 minute read 1 comment Albert10.20

Despite the fact that bitcoin's price broke down and subsequently fell below $ 9,000, XRP recently maintains its $ 0.21 level, which dropped from $ 0.23. XRP price forecasts have recently pointed out the bull market. Meanwhile, huge amounts of XRP co...

Mexico remittances with cryptocurrencies increased 320 percent 🚀

23 May 2020 2 minute read 0 comments Manuel Vazquez

In six months, this is according to Bitso Mexico: The average weekly volume of remittances so far in 2020 is 715 million dollars. Sending remittances with cryptocurrencies increased 320 percent in six months, according to the Bitso platform. This was...

Mysterious Weakening of the Earth's Magnetic Field causing Satellites And Spacecraft to Malfunction !

23 May 2020 4 minute read 0 comments CryptoUser

The magnetic field and electric currents in and around Earth generate complex forces that have immeasurable impact on every day life and protects life on our planet by blocking the majority of harmful solar radiation. The field can be thought of as...

Mining into Bitcoin Adresses ! - What is the Version-Byte ?

23 May 2020 2 minute read 0 comments CryptoUser

  Blockchain-based currencies use encoded strings, which are in a Base58Check encoding with the exception of Bech32 encodings. The Base58Check encoding includes a prefix (traditionally a single version byte), which affects the leading symbol(s) in th...

Cryptocurrency Updates - 22/05/2020

22 May 2020 1 minute read 0 comments Gamer boy1110

Hello Friends, I m here for another Updates of cryptocurrency. today's update is for following coins. 1. Ripple 2. Ethereum 3. Verge 4. Omisego 5. Zcash 6. NEO 7. Bitshares 8. Waves 9. Zilliqa 10. Siacoin 11. Golem 12. Aeternity 13. Horizen 14. Banc...

Mining into Bitcoin Addresses ! - How a Bitcoin Address is Created ?

22 May 2020 3 minute read 0 comments CryptoUser

The correct way to create a Bitcoin address is to use well tested, open source, peer reviewed wallet software. Manually handling keys has resulted in funds loss over and over again. Unlike other centralized systems losses in Bitcoin are usually unrec...

DIGITAL ASSET THINKER : the SENSITIVE TOPIC of XRP BEING a SECURITY in XRP COMMUNITY and The BULLISH TREND of BITCOIN and ETHEREUM NEEDING TO HAVE A REST

22 May 2020 1 minute read 4 comments Digital Asset Thinker

Good day everybody, I wish you a fantastic day today, investors and crypto enthusiasts, Ripple XRP and the taboo subject of the Token being a Security you probably know, if you are interested by the cryptocurrency market that as soon as you talk abou...

Mining into Bitcoin Addresses ! - A Non-Base58 Character in a Bitcoin Addresses ?

22 May 2020 4 minute read 0 comments CryptoUser

It all started when I wanted to enter a BTC wallet address in LocalCryptos (which is a Non-Custodial, P2P exchange for cryptos).  LocalCryptos - Non Custodial P2P marketplace for Cryptos !   I got the following error message !     The BTC address I...