Ripple (XRP)

The primary function of Ripple is that of a complement to Bitcoin. It operates as a distributed peer-to-peer network with the immediate execution of transactions and zero systemic risk. With Ripple, payments are settled within 4 seconds and it can handle as many as 50,000 transactions per second. Unlike Bitcoins, Ripples are not mined.

There are 100 billion Ripples in total and every time a transaction is executed, the Ripples used for the transaction are destroyed, thus lowering the total number of Ripples in existence. Just like Bitcoin and Ethereum, Ripple has hit an all-time high in 2017, rising by more than 1000% and reaching the price of $0.33 after falling to less than $0.029 less than a month prior to the unprecedented rise.

Founder
Ryan Fugger
Hash Algorithm
ECDSA
Start Date
July 2014
Maximum Supply
100,000,000,000 XRP
Proof Type
N/A
Twitter
@ripple

Ripple Exchange Rates

Ripple Resources

If you are searching for a steady source of Ripple news, our additional Ripple resources bring you a vast range of options to choose from. Enjoy daily updates and the latest Ripple news or get involved in the ongoing discussions on the Ripple forum, BitcoinTalk or Reddit. We bring you plenty of ways to upgrade your knowledge on this popular coin, all of them available on our list of additional resources below.