What do you think about XRP - Ripple

in ripple •  8 years ago 

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple
Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners.
Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk.
Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system.
There are 100 billion XRP at present.

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good post

thanks

Always been told Ripple is a big bank scheme to get into the crypto space, dont know if it is true or not.

yes , more banking power will added soon , I am collecting XRP right Now , thanks for your feedback ,