Ripple (XRP)
XRP is listed on DOBI Exchange ,featuring the XRP/BTC ,XRP/USDT market.
Ripple is a virtual currency issued by OpenCoin, called Ripple Credits, also known as XRP, and the Chinese name is Ripple.
Ripple is the world’s first open payment network. It can transfer any currency through this payment network. It is simple and fast, the transaction confirmation is completed within a few seconds, the transaction cost is almost zero, there is no so-called cross-banking and cross-border payment. cost.
The Ripple open payment system is a virtual currency network (distributed P2P clearing network) and a future electronic payment platform. In 2004, RyanFugger launched the first implementation of Ripple, which aims to build a decentralized virtual currency system that allows anyone to create their own currency.
Like Bitcoin, Ripple is also a shareable public database, and it is also a global revenue and expenditure ledger. The consensus mechanism allows all computers in the Ripple network to automatically accept updates to the general ledger information in seconds without going through the central data exchange. This processing speed is a major breakthrough in Ripple’s engineering. It means that Ripple’s transaction confirmation time is only 3 to 5 seconds, while Bitcoin takes 40 minutes.
Meet RippleNet
Ripple connects banks and payment providers via RippleNet to provide one frictionless experience for sending and receiving money globally.
Better Than Any Blockchain
RippleNet runs on the most advanced blockchain technology. It is scalable, secure and interoperates with different networks.
Customers have optional access to source liquidity using the world’s fastest and most reliable digital asset for payments: XRP.
Growing Global Network
Banks, payment providers and digital asset exchanges process and provide liquidity for payments on RippleNet, creating new, competitive cross-border payments services for their customers.
Using XRP, banks can source liquidity on demand in real time
without having to pre-fund nostro accounts.
Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.
Official Website：https://ripple.com/
Project Whitepaper ：https://ripple.com/files/ripple_consensus_whitepaper.pdf
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