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Number of messages : 78
Points : 799
Date of Entry : 2016-03-03
Year : 37


on Fri Sep 29, 2017 8:48 pm
Ripple is a distributed payment system that uses the same cryptocurrency (XRP) as the internal payment unit.
First of all, we need to clarify that Ripple is not a Bitcoin clone and Ripple technology is based on a completely different concept, called the "principle of trust".

XRP is similar to BTC:
• Ripple is divided out to a large number of decimal places.
• It is also easily transmitted in electronic form and has high cryptographic stability.
• It is interchangeable and homogeneous.

XRP also has advantages over BTC:
• Transactions in the network are much faster.
• Ripple has some intrinsic value, since it allows you to conduct transactions.
• Ripple coins are deflationary, as they are destroyed by the network after the transaction is carried out, so the total number of XRPs decreases over time.

As of 2017, Ripple is ranked the fourth cryptocurrency in terms of market capitalization, second only to Bitcoin and Ephereum.

Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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