Ripple (XRP) Pertukaran
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What Is Ripple?
Ripple is technically a financial ledger that started off by Ripple Labs Inc. on blockchains and works with XRP as its native currency. Built on an open-source protocol, Ripple was launched in 2012. However, it was only 2018 that marked the stable release of the XRP cryptocurrency.
The idea is to share a common ledger on a distributed database where all the account and transaction information can be stored and validated by independent servers. These servers can belong to any entity within a financial network — from banks to market makers.
As one of Ripple's primary objectives was to offer a cheap XRP exchange alternative, Ripple's price is relatively quite low in the digital cryptocurrency market. The supply, on the other hand, is far higher than even Bitcoins. While 60% of XRP tokens remain with Ripple, 38 bln are already in the market, and 100 bln have already been pre-mined to be available on periodical release.