Ripple Price (XRP)
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Presentation and definition of the Ripple cryptocurrency (XRP)
Name of the cryptocurrency: Ripple.
Where to buy Ripple? Binance, BitBay, Bitpanda
Creation date: 2012
Ripple white paper
What is the ripple?
Ripple is a real-time gross settlement system, also called “RTGS”, a foreign exchange market and a remittance network. A real-time gross settlement system is one in which the settlement instructions for the transfer of funds or securities are made individually, that is, instruction by instruction. In addition, it is a settlement system that intervenes in real time. It is a system that was launched in 2012 and is compatible with any monetary system, including currency (coins and bills) and cryptographic currency. It is a decentralized network whose operation can be guaranteed without any influence from Ripple, the company that founded this system and can not be closed.
Unlike other known cryptocurrencies, the process not only takes into account its own currency but also allows the use of any currency, fiduciary or virtual. For a long time remained in the shadow of Bitcoin, Ripple, however, became in 2017 the most successful virtual currency of the year.
Ripple XRP Price Chart