XRP(Ripple)

[Introduction]

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. There are 100 billion XRP at present.

[Information]

English Name: XRP/Ripple

Issue Date: 2011-04-18

Max Supply: 100,000,000,000

Consensus Method: Proof of Correctness

[Related links]

Official Website: https://ripple.com

Github: https://github.com/ripple/rippled

Whitepaper: https://ripple.com/files/ripple

Blockchain Explorer: https://xrpscan.com