Putting aside all business use cases, many people in the world right now are able to buy, sell and send XRP to anyone else anywhere in the world almost instantaneously and almost for free! As the XRP Ledger off and on ramps (Exchanges) become increasing available around the globe we will be able to say ‘every person’ in the world no matter how remote can exchange currency instantaneously!
The changes this will bring to millions of unbanked and banked people all over the globe will be profound and life changing!
Every Person on Earth could be on the Same Level Playing Field with access to digital money and be able to move value over the internet easily, quickly and most importantly, cheaply!
XRP is a digital asset native to the XRP Ledger. Anyone with a cryptographic key, usually held within a wallet, and an internet connection can receive, hold, and send XRP to another account. XRP has been developed to be a desirable bridge currency that can facilitate trades in any other currency. XRP has many properties which make it an appealing asset for many other use cases.
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. The XRP Ledger is the home of XRP, a digital asset designed to bridge the many different currencies in use worldwide. Ripple stewards the development of the XRP Ledger, and advances XRP as a key contribution to the Internet of Value: a world in which money moves the way information does today
XRP is the native cryptocurrency of the XRP Ledger. All accounts in the XRP Ledger can send XRP among one another and must hold a minimum amount of XRP as a reserve. XRP can be sent directly from any XRP Ledger address to any other, without needing a gateway or liquidity provider. This helps make XRP a convenient
Some advanced features of the XRP Ledger, such as Escrow and Payment Channels, only work with XRP. Order book autobridging uses XRP to deepen liquidity in the decentralized exchange by merging order books of two issued currencies with XRP order books to create synthetic combined order books. (For example, autobridging matches USD:XRP and XRP:EUR orders to augment USD:EUR order books.)
XRP also serves as a protective measure against spamming the network. All XRP Ledger addresses need a small amount of XRP to pay the costs of maintaining the XRP Ledger. The transaction cost and reserve are neutral fees denominated in XRP and not paid to any party. In the ledger’s data format, XRP is stored in AccountRoot objects.
For more information on XRP’s use cases, benefits, and news, see the XRP Portal .
The very first ledger contained 100 billion XRP, and no new XRP can be created. XRP can be destroyed by transaction costs or lost by sending it to addresses for which no one holds a key, so XRP is slightly deflationary by nature. No need to worry about running out, though: at the current rate of destruction, it would take at least 70,000 years to destroy all XRP, and XRP prices and fees can be adjusted as the total supply of XRP changes.
In technical contexts, XRP is measured precisely to the nearest 0.000001 XRP, called a “drop” of XRP. The rippled APIs require all XRP amounts to be specified in drops of XRP. For example, 1 XRP is represented as 1000000 drops. For more detailed information, see the currency format reference.
There is a lot of FUD (Fear Uncertainty and Doubt) around XRP due to its threat of being the King of Digital Assets-Crypto
FUD Bingo was created by the XRPCommunity to deal with this!
A login is not required to use XRP4U but you may want to create a Login for the XRP4U shop, the XRP4U shop also has a Guest checkout.
You can also create a Login using your Social media for security and simplicity.
Here we simply explain what XRP is and Who is utilising XRP transactions in their products (XRP Ecosystem)
XRP Ledger Foundation
The XRP Ledger contains a fully-functional decentralised exchange where users can trade issued currencies for XRP or each other:
XRP4U are working hard to create quality FREE Tutorials for our visitors, we hope the list will grow quickly.
Topics will include XRP and XRPL knowledge, SEND XRP, DEX, Escrow, advanced Wallet use etc.
Checkout our list of Tutorials
XRP4U are busy working on a new web based learning site dedicated to XRP and the XRP Ledger, we hope we can have this released asap, am a busy bee!
RippleNet ODL (On Demand Liquidity) has a crucial part to play in the success of the XRP Ledger. For this reason I have broken ODL out of the Ripple page and given it a well deserved home of it’s own!
There are number of high profile developers and many superb XRPL projects both Live and being built, here XRP4U will add and track as many live projects as we can and add developer profiles as and when they join the #XRPCommunity.
The XRP Community Fund will be used to support the development of tools / apps / integrations / plugins that make it easier to use XRP for (consumer/small business) payments. They also hope to attract more developers to the community. Bounties will be available for developers working on tools requested over a longer period of time by the XRP Community.
The Heroes of the XRP Ledger
This is a sneek peak as page still under construction!
We are currently building a full page for Flare but here are some good links to get you started on this journey.
XRP4U monitors the internet for the best FREE tools for the XRP Ledger, here are an example of some of our favourites!
Our XRPL Tools page gives an overview of all the Favourites.
Dive deep into the XRP Ledger with XRPSCAN: The best XRP Ledger Explorer!
Get notified for all XRP transactions in/out of specified XRP addresses! Handy for the transactions you make, critical for any you DID NOT! XRPBALANCE.info
Where in the World is all the XRP? xrptracker.kka72.com tells you where it is! search large transactions and more! All in Real time!
More than enough Eye candy to make your teeth fall out! Some eye dazzling graphics created from real time transactions on the XRP Ledger.
XRP4U have squeezed together on the same page some of the best sites so sit back with some popcorn and enjoy! PC/Tablet viewing only!
Learn and Practice using 3,000 XRP on the XRPL TestNet, don’t risk your XRP playing and learning in the real world, its far to precious!
The Lab contains 3 XRPL Testnet wallets that are hosted by GitHub, you can send and receive XRP (watch the speed!) between the 3 wallets and learn other advanced functions safely, including creating an XRPL Issued Currency!