Cryptocurrencies: 25561
Markets: 101010
Market Cap: $3,001,809,522,182     
24h Vol: $118,438,087,191
1 XRP (XRP) Rank 3
$2.520888
XRP (XRP) Rank 3
Website Reddit Twitter
57,949,738,512 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.52

XRP (XRP) 24h Vol
$5,912,747,064

XRP (XRP) Market Cap
$146,084,805,233

XRP (XRP) Circulating
57,949,738,512

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002741 BTC
BTC Market
1,588,420 BTC
BTC 24h Vol
64,291 BTC
Total Coins Mined
57,949,738,512 XRP
1h
0.13 %
24h
-0.02 %
7d
15.79 %
Twitter
Facebook
Charts

XRP (XRP)
XRP (XRP)

Description

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.

Full Name XRP (XRP)
Start Date 2013-02-02
Algorithm N/A
Proof Type N/A
Website ripple.com/
Twitter @Ripple
Facebook www.facebook.com/ripplepay/
Reddit www.reddit.com/r/ripple/
Block Number N/A
Block Time 4
Block Reward N/A
Total Coins Mined 57,949,738,512 XRP
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Technology

The Ledger and Consensus
The Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol.

The World’s First Distributed Exchange
No one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.

 

 

 

Features
  • Math-Based Currency
    A math-based currency, also referred to as a cryptocurrency, is a digital asset with verifiable mathematical properties, similar to how we can reliably verify gold as a substance made of atoms with 79 protons. Math-based currencies exist as digital assets in their own right and can be transferred directly between users (as fiat cash can be) without relying on a centralized protocol operator. XRP exists as a math-based currency on the Ripple protocol.
  • Abuse Protection
    The primary function of XRP is to protect the Ripple protocol against denial-of-service (DoS) spam attacks. Since the Ripple protocol is based around a shared ledger of accounts, a malicious attacker could create large amounts of “ledger spam” (such as fake accounts) and “transaction spam” (such as fake transactions) in an attempt to overload the protocol. This could cause the size of the ledger to become unmanageable and interfere with the protocol’s ability to quickly settle legitimate transactions.
  • Bridge Currency
    XRP has great value as a bridge currency. Because each gateway’s balances trade as distinct assets within Ripple, the number of potential currency pairings can become quite large. Instead of quoting every possible currency/gateway combination, XRP can serve as a useful bridge currency to enable these transfers. This is possible because if every currency is liquid to XRP, then every currency is liquid to every other currency:
XRP (XRP) News
Ripple’s Legal Battle Sparks Speculation on XRP Price Trends

Ripple’s Legal Battle Sparks Speculation on XRP Price Trends

Ripple's legal maneuvers impact XRP's market performance significantly. Investors are attentive to technical indicators and support levels for price predictions. Continue Reading:Ripple’s Legal Battle Sparks Speculation on XRP Price Trends The post Ripple’s Legal Battle Sparks Speculation on XRP Price Trends appeared first on COINTURK NEWS.

access time image 03-23-2025 00:08

Why XRP Could Surge: Insights into Its Future Potential

Why XRP Could Surge: Insights into Its Future Potential

XRP's future relies on market integration and strategic reserve discussions. Regulatory changes may enhance XRP's role in the global financial system. Continue Reading:Why XRP Could Surge: Insights into Its Future Potential The post Why XRP Could Surge: Insights into Its Future Potential appeared first on COINTURK NEWS.

access time image 03-22-2025 21:08

Trader Shares Bullish Insights on XRP’s Potential Surge

Trader Shares Bullish Insights on XRP’s Potential Surge

DonAlt predicts XRP's potential for significant price increase based on market trends. He emphasizes the importance of monitoring Bitcoin's movements for XRP's performance. Continue Reading:Trader Shares Bullish Insights on XRP’s Potential Surge The post Trader Shares Bullish Insights on XRP’s Potential Surge appeared first on COINTURK NEWS.

access time image 03-22-2025 15:08

Ethereum, AVAX, and XRP Prices Reveal Uncertain Trends

Ethereum, AVAX, and XRP Prices Reveal Uncertain Trends

Ethereum, AVAX, and XRP show uncertain price directions as traders monitor trends. Critical support and resistance levels are being tested, impacting price movements. Continue Reading:Ethereum, AVAX, and XRP Prices Reveal Uncertain Trends The post Ethereum, AVAX, and XRP Prices Reveal Uncertain Trends appeared first on COINTURK NEWS.

access time image 03-22-2025 09:38

Jed McCaleb Defends XRP Sales Amid Community Criticism

Jed McCaleb Defends XRP Sales Amid Community Criticism

Jed McCaleb defends XRP sales against community allegations. He emphasizes transparency and community communication throughout the selling process. Continue Reading:Jed McCaleb Defends XRP Sales Amid Community Criticism The post Jed McCaleb Defends XRP Sales Amid Community Criticism appeared first on COINTURK NEWS.

access time image 03-22-2025 04:08

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