• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Ripple

What is XRP and Ripple? The fourth-highest cryptocurrency and how it compares to Bitcoin – Birmingham Live

Admin by Admin
April 26, 2021
in Ripple
0
What is XRP and Ripple? The fourth-highest cryptocurrency and how it compares to Bitcoin – Birmingham Live
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

With so many cryptocurrencies out there, sometimes it can be confusing as to the difference between them.

Related articles

Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M | Bitcoinist.com – Bitcoinist

Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M | Bitcoinist.com – Bitcoinist

May 21, 2022
Dozen plus homes set to be razed to protect Rocky Ripple from flooding – IndyStar

Dozen plus homes set to be razed to protect Rocky Ripple from flooding – IndyStar

May 20, 2022

And with more and more people investing and getting interested in cryptocurrencies, there are plenty of options out there to research and to understand.

Cryptocurrency could be a new major part of our lives however there are many people who still don’t know the difference between the types of coins.

One of the biggest coins out there is XRP, or Ripple as it is called, that is the fourth biggest cryptocurrency on the market.

But what is Ripple and what sets it out from other cryptocurrency? Here’s everything we know about the coin and what set it out from the pack.

What is XRP?

XRP is a cryptocurrency run by the company Ripple however, people commonly call the coin Ripple after the company.

Like other cryptocurrencies like Ethereum, it is a platform and a currency to allow fast and cheap transactions.

Bitcoin transactions can take a while whereas Ripple is supposed to be quick and easy with little cost.

Read More
Related Articles
Read More
Related Articles

Unlike Bitcoin, XRP coins are not mined and is overseen by a private company. Bitcoin is based on the blockchain concept, a public ledger of verified transactions and record-keeping.

According to Investopedia, XRP is a technology that is mainly known for its digital payment network and protocol. Aside from the cryptocurrency XRP, Ripple is perhaps even better known as a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries.

Ripple minted the entire supply when the network was launched, and Ripple intermittently releases portions of the supply from an escrow and sells them on the open market

Out of the total 100,000,000,000 supply of XRP, over 45 billion is currently in circulation.

What is cryptocurrency?

Cryptocurrency is an asset that can be exchange for goods and services, much like normal money.

However, cryptocurrency is unique as it is typically decentralised so there is no control from government interference. Cryptocurrency uses something called a blockchain.

A blockchain is spread across many computers that manages and records transactions.

Cryptocurrency can be mined by people by using computers. By mining cryptocurrency, people are rewarded small amounts of Bitcoin or another crypto for doing so.

What is Ripple?

Ripple Labs is the company behind XRP, or Ripple as it is called by cryptocurrency investors.

Ripple the company is unique as it is one of the only companies overseeing a cryptocurrency and maintain the Ripple network.

It was originally named Opencoin and renamed Ripple Labs. However, at the time of writing, Ripple Labs is embroiled in a legal dispute with the U.S. Securities and Exchange Commission (SEC)

It is accusing Ripple Labs of harassment, requesting that the court limit the payment giant’s access to internal SEC documents.

It was founded by Chris Larsen and Jed McCaleb.

Share76Tweet47

Related Posts

Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M | Bitcoinist.com – Bitcoinist

Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M | Bitcoinist.com – Bitcoinist

by Admin
May 21, 2022
0

Ripple, the crypto solutions company shall commit $100M for the goal of carbon removal by investing in climate oriented fintech...

Dozen plus homes set to be razed to protect Rocky Ripple from flooding – IndyStar

Dozen plus homes set to be razed to protect Rocky Ripple from flooding – IndyStar

by Admin
May 20, 2022
0

It’s official: More than a dozen homes along the White River are set to be demolished or moved to make...

Bitcoin Retests $30K as Ripple Spikes 6% Daily (Market Watch) – CryptoPotato

by Admin
May 20, 2022
0

After a few more days spent underneath the $30,000 line, bitcoin finally jumped above it and even challenged $31,000 earlier....

Ripple To Launch XRP Powered On-Demand Liquidity Solution In Lithuania | Bitcoinist.com – Bitcoinist

Ripple To Launch XRP Powered On-Demand Liquidity Solution In Lithuania | Bitcoinist.com – Bitcoinist

by Admin
May 19, 2022
0

Ripple, an American FinTech firm, and FINCI, a Lithuanian FinTech firm, have partnered up to make retail remittances and B2B...

SEC to Ripple: No, you can’t have the emails – Protocol

SEC to Ripple: No, you can’t have the emails – Protocol

by Admin
May 19, 2022
0

The Department of Homeland Security has paused work on its recently announced Disinformation Governance Board, according to The Washington Post....

Load More
  • Trending
  • Comments
  • Latest

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

April 15, 2021
Chainalysis introduces its Web3 based blockchain analysis tool: Blog – The Financial Express

Chainalysis introduces its Web3 based blockchain analysis tool: Blog – The Financial Express

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0
Chainalysis introduces its Web3 based blockchain analysis tool: Blog – The Financial Express

Chainalysis introduces its Web3 based blockchain analysis tool: Blog – The Financial Express

May 21, 2022
Can Litecoin’s [LTC] long-awaited MWEB update shine a light to end this darkness – AMBCrypto News

Can Litecoin’s [LTC] long-awaited MWEB update shine a light to end this darkness – AMBCrypto News

May 21, 2022

After Luna Collapse, Terra Looks to New Blockchain. This Week’s Top Bitcoin and Crypto News – CNET

May 21, 2022
Solving the No. 1 Issue of Our Time: Using Blockchain Technology to Scale Climate Action – Entrepreneur

Solving the No. 1 Issue of Our Time: Using Blockchain Technology to Scale Climate Action – Entrepreneur

May 21, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack