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Ripple (payment protocol) - Wikipedia

<h1 style="clear:both" id="content-section-0">Little Known Facts About XRP Price - XRP - Gemini.<br></h1>
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<p class="p__0">Our innovation is always consumer led. Ripple assists us directly resolve the problems of speed and transparency around worldwide payments raised by our customers and make sending money abroad better. Cedric Menager, CEO of One Pay FX, Santander's mobile app powered by Ripple, Internet</p>
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<p class="p__1">The ledger is preserved by independent participants of a global "XRP Community," of which Ripple is an active member. Independent validator nodes come to an arrangement on the order and validity of XRP transactions. This contract, called agreement, acts as final and irreversible settlement. The ledger reaches agreement on all outstanding deals every 3-5 seconds, at which point a brand-new journal is provided.</p>
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<p class="p__2">There are currently 36 validators, and Ripple runs 6 of them16%. Interested in running a validator? Discover how to get begun here..</p>
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<p class="p__3">XRP is called a Real Time Gross Settlement System which is a 'currency exchange and remittance network' that independent servers verify. The currency traded is called XRP and transfer times are instant. XRP can be exchanged for most other currencies with its unique selling proposal being the avoidance of costs and wait times typically associated with banks.</p>
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<h1 style="clear:both" id="content-section-1">The smart Trick of XRP: Digital Asset for Real-Time Global Payments - Ripple That Nobody is Talking About<br></h1>
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<p class="p__4">XRP is popular with banks and organizations though the XRP token isn't necessarily needed for each transaction. The XRP cost page belongs to The Coin, Desk 20 that features price history, rate ticker, market cap and live charts for the leading cryptocurrencies. Coin, Desk also provides a suite of institutional-grade rate indexes.</p>
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<p class="p__5">What Is XRP? To start with, Related Source Here is necessary to comprehend the difference in between XRP, Ripple and Ripple, Net. XRP is the currency that works on a digital payment platform called Ripple, Web, which is on top of a distributed journal database called XRP Journal. While Ripple, Web is run by a company called Ripple, the XRP Ledger is open-source and is not based upon blockchain, however rather the formerly pointed out dispersed journal database.</p>
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<img width="369" src="https://xrpcommunity.blog/content/images/2018/09/XRP---The-Standard.png">
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://en.cryptonomist.ch/wp-content/uploads/2021/05/XRP-price-drop-1.jpg" alt="XRP Rises More Than 30% as Altcoins Piggyback on Bitcoin's Wave - CoinDesk"><span style="display:none" itemprop="caption">XRP Rises More Than 30% as Altcoins Piggyback on Bitcoin's Wave - CoinDesk</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.slashgear.com/wp-content/uploads/2020/12/xrp2352.jpg" alt="What is XRP and why is the price dropping?"><span style="display:none" itemprop="caption">Amazon.com: Ripple XRP Moon T-Shirt: Clothing</span>
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<p class="p__6">While XRP is the cryptocurrency native to the XRP Journal, you can in fact use any currency to transact on the platform. While the idea behind the Ripple payment platform was very first voiced in 2004 by Ryan Fugger, it wasn't till Jed Mc, Caleb and Chris Larson took control of the project in 2012 that Ripple started to be constructed (at the time, it was likewise called Open, Coin).</p>
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