XRP

THE BEST DIGITAL ASSET EVER CREATED!

Digital asset

Environmentally friendly world class Crypto Currency. Enabling movement of value around the world across different national currencies

XRP Ledger

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

SPeed

XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.*​

Internet Of value

IOV An internet where value can be freely and securely exchanged with anyone, anywhere in the world, at any time. An internet that’s collectively owned by its users, free from the control of any single government or corporation

Stable

XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use

Distributed

Open-source technology, built on the principles of blockchain with a growing set of validators

Decentralised

Rather than relying on a central authority to securely transact with other users, XRPL utilizes innovative consensus protocols across a network of nodes, to validate transactions and record data in a manner that is incorruptible

Liquidity

Fast growing liquidity, XRP can be security and quickly bought or sold in a quickly expanding global market

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 anyone else 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

bridge currency.

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 .

XRP Properties

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.

FAQ

Person to Person

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!

Unbanked

The changes this will bring to millions of unbanked and banked people all over the globe will be profound and life changing!

Inter Of Value (IOV)

Every Person on this earth will be on the Same Playing Field with access to digital money and be able to move value over the internet easily, quickly and most importantly, cheaply!

XRP Ledger Explained
@XRP Exchanges
Purchase XRP

FUD Bingo

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!

Go FUD Bingo
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