Cryptocurrencies: 25782
Markets: 103669
Market Cap: $2,744,003,243,329     
24h Vol: $103,872,187,000
1 XRP (XRP) Rank 4
$2.123707
XRP (XRP) Rank 4
Website Reddit Twitter
58,205,697,378 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.12

XRP (XRP) 24h Vol
$4,630,843,065

XRP (XRP) Market Cap
$123,611,829,279

XRP (XRP) Circulating
58,205,697,378

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002479 BTC
BTC Market
1,443,123 BTC
BTC 24h Vol
54,063 BTC
Total Coins Mined
58,205,697,378 XRP
1h
-1.47 %
24h
-0.76 %
7d
-10.86 %
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 58,205,697,378 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
Market Trends Signal Potential Surge for XRP

Market Trends Signal Potential Surge for XRP

XRP shows potential for upward movement based on recent price patterns. Regulatory developments on April 9 may influence investor behavior significantly. Continue Reading:Market Trends Signal Potential Surge for XRP The post Market Trends Signal Potential Surge for XRP appeared first on COINTURK NEWS.

access time image 04-02-2025 10:08

Experts Predict XRP Price Surge to $2.70 in Just 60 Days

Experts Predict XRP Price Surge to $2.70 in Just 60 Days

Expert predictions suggest XRP could reach $2.70 in 60 days. Market dynamics and historical trends play a crucial role in price movements. Continue Reading:Experts Predict XRP Price Surge to $2.70 in Just 60 Days The post Experts Predict XRP Price Surge to $2.70 in Just 60 Days appeared first on COINTURK NEWS.

access time image 04-01-2025 20:38

Ripple’s XRP Faces Diverging Predictions as Market Trends Shift

Ripple’s XRP Faces Diverging Predictions as Market Trends Shift

XRP faces mixed predictions as market conditions fluctuate. Technical analyses suggest potential price movements in the near future. Continue Reading:Ripple’s XRP Faces Diverging Predictions as Market Trends Shift The post Ripple’s XRP Faces Diverging Predictions as Market Trends Shift appeared first on COINTURK NEWS.

access time image 04-01-2025 15:08

XRP Price Faces Uncertainty as Investors Monitor Key Support Levels

XRP Price Faces Uncertainty as Investors Monitor Key Support Levels

XRP price declines over 13%, raising investor concerns. Key support level at $2.03 may trigger upward movements. Continue Reading:XRP Price Faces Uncertainty as Investors Monitor Key Support Levels The post XRP Price Faces Uncertainty as Investors Monitor Key Support Levels appeared first on COINTURK NEWS.

access time image 04-01-2025 11:08

Experts Predict XRP Price Surge: What’s Next for the Cryptocurrency?

Experts Predict XRP Price Surge: What’s Next for the Cryptocurrency?

Analysts predict a potential rise in XRP price over the next few months. Technical patterns indicate opportunities but also carry risks for investors. Continue Reading:Experts Predict XRP Price Surge: What’s Next for the Cryptocurrency? The post Experts Predict XRP Price Surge: What’s Next for the Cryptocurrency? appeared first on COINTURK NEWS.

access time image 03-31-2025 15:08

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