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Ripple (XRP)

Ripple XRP Market Review

The chart review is a live price of Ripple (XRP) with other useful market data including market capitalization, trading volume, daily, weekly and monthly changes, total supply, highest and lowest prices, etc. By default, the Ripple price or XRP price is provided in USD, but you can easily switch the base currency to Euro, British Pounds, Japanese yen, Russian Rubles, Chinese Yuan and Philippines Peso.

Ripple Price Value

The chart is the Ripple price or XRP price value from the top cryptocurrency exchanges. Select the checkbox to compare prices between exchanges on the charts. Various views are available: Candlestick, OHLC, Line chart. Use buttons to switch between Ripple charts or XRP charts. By default, information is provided for the last week, but users are able to choose one day/week/month/year, three months of data, or custom period.

XRP Price Historical

The chart review contains the history of Ripple price or XRP price. In the columns there are date, price, volume and change. Date describes the day of the recorded price, price shows the Ripple value as of that date, the volume column shows the trading volume of the coin for the current day and the change indicates the percentage change in the coin’s price.

XRP Ripple Technical Analysis

The Ripple or XRP Technical Analysis Widget is an advanced tool that displays ratings based on technical indicators. The chart lets you see the summary based on all indicators at a quick glance. You no longer have to apply multiple indicators to analyze a financial instrument since the widget does that for you. On top of that, all ratings are shown in real time.

Buy and Sell Ripple (XRP)

Changelly is a secure platform to buy and sell cryptocurrencies.

How it works?

1. Enter the amount you want to exchange to any cryptocurrency you like.
2. Choose what cryptocurrency you want to get for exchange.
3. Check the agree button
4. Click Swap Now
5. On the second page, enter the destination address
6. Enter your email
7. Click Proceed
8. On the third page, you will have the transaction ID.

What is Ripple (XRP)?

XRP Price - Ripple Price - XRP Chart - Ripple Chart - XRP Technical Analysis - Ripple Technical Analysis - Ripple.com Review

XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.

According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.

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:

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.

More Details

Start Date:02/02/2013
Website:Ripple.com
Resources:Block Explorer
Whitepaper
Youtube
Github
Reddit
Twitter
Facebook
Ripple (XRP) Review

Summary

Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa. WAITING

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User Review
3.33 (3 votes)

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