What is the Ripple coin

What is the Ripple Ripple coin

Ripple

A platform funded by Google Ventures, Anderson Horowitz, Lightspread Venture Partners and other sources, opened exchange and distribution sites for alternative currencies, known as XRP,
The Ripple coin was produced in 2013, and has attracted many investors, including Google, with a single Ripple of $ 0.006 and a very large liquidity of $ 228,249,691 million.
Ripple is the product of a company called Open Coin that has raised funding from a number of companies.
Open Coin plans to acquire 25 percent of all the existing shares of XRP. The idea stems from the fact that the appreciation of the currency will allow the company to have more resources to finance its operations, and it is not detrimental to Open Coin's desire to revalue its currency , But the system is radically different from "Betcuen". The founder of Open Coin, Chris Larsen, believes that having a central currency company serves the interests of its users. "KFW is doing a great job with a group that works through an organization and private shareholders, and we thought we could get that as well, To take care of this thing for a few years to come. "

Ripple Mechanism

The Ripple platform serves two purposes: an open source payment network and a home for the new XRB currency, and as a payment network that provides the RIBL with free global payments and the ability to pay in any currency through the use of currency exchange sites with an open protocol that any developer can use. And users can use it for free and without a license. "

Participants can exchange the dollar, yen and euro, and all these currencies enter the system through a "gateway" that may be a friend, neighborhood or group, and if hacker penetrates one of the portals the user can move to the next gate, the only currency that will not need to be entered into the platform The Ripple via Gate is XRP, and this feature is superior to "Pictuen".

You can get 50 units of ripple gift when you register at the company site currently equivalent to 0.00055 Satoshi
You can exchange this currency into Euro, Dollar or Betcuen through the same website. In order to send this currency to your wallet after the transfer, you must activate your account by proving your identity and address.

Registration link