This post about ripple and its cryptocurrency coin XRP, which is considered as one of the stable cryptocurrency then other. Ripple is company who developed a open source platform called XRP.
1. WHAT IS RIPPLE AND XRP????
Ripple is a rtgs(real time gross settlement system) network developed by ripple which work So ripple and XRP are not the same. Ripple is a platform which work on a currency called XRP.
2. WHAT IS MARKET CAPITILIZATION OF XRP???
As of december 2017 the market capitilization of XRP is $51 billion.
3. DOES THE SUPPLY OF XRP IS UNLIMITED???
No XRP is limited just like as bitcoin. XRP is deflationary currency which means after each transaction small amount of XRP is permanently lost. After each day supply of XRP will shrink as oppose to bitcoin which remain same.
3. WHO HOLD MAJORITY OF XRP???
Ripple own more than 60 billion XRP out of 100 billion XRP. Ripple don't have any other coin in dovelopment, XRP is the only coin ripple have. Ripple can dump 1 billon XRP per month.
4. DOES BANKS USES RIPPLE???
Yes nearly 70 banks are experimenting with ripple XRP to exchange one currency to another. Some say ripple will replace SWIFT, the current system which banks use to transfer funds.
5. DOES BANKS FEAR ABOUT XRP VOLATIBILITY????
No, The time for which banks are exposed to XPR is very short which is just few second as compare to minutes in case of bitcoin. That time is that much short and increment and decrement is not experienced in the network.
6. XRP vs bition.
XRP can process 100s of transaction per second because of its simplicity. As more people move to digital currency and volume increases surely XRP is the winner.
According to a tweet by CEO of ripple Garlinghouse, XRP takes an average of 3.7 seconds to transact, while Bitcoin averages for hours.
Hello, @mangoboy good to see that you started posting again.😁 Did you went on a vacation or something? Anyhow nice article about xrp. I also posted a new article can you check it out for me, the chat won't work for me yesterday so I couldn't post it there. Thanks in advance and Happy Holiday!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My exam are going on and thanks for the comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good luck with your exams, fortunately I'm already past that phase lol.😁
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://steemfollower.com/?r=8003
Interesting page for upvote
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sorry but I've joinned it almost 2 days ago.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice article
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@originalworks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @mangoboy to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good to know, but still so far away to use.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit