Ripple cryptocurrency

in cryptocurrency •  6 years ago 

Ripple its one kind of digital payment protocol than its cryptocurrency, XRP. Ripple operates on an open source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether USD, Yen, litecoin, or bitcoin

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Ripple The market capitalisation of XRP is currently $32 billion, making it the third most valuable cryptocurrency listed on coinmarketcap.com after Bitcoin and Ethereum. The token has always been secondary to Ripple’s real purpose, however the company’s success has led to XRP becoming very valuable

Benefits of Ripple

=> Lowers Banking Fees
=> Increased Efficiency
=> Useful Beyond Banking

Problems With Ripple

=> Centralization of Distribution
=> Not Designed for Peer-to-Peer
=> Dependent on Banks / Replaceable

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Excellent post

I want to know about cryptocurrency.

@hasanmbabd Good Article

  ·  6 years ago Reveal Comment