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Today we will talk about Ripple (XRP) - Everything You Need to Know | The Future of Cryptocurrency!

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What is Ripple?
Ripple Labs is a company founded in 2012 by David Schwartz, Jed McCaleb, Arthur Britto, and Chris Larsen to manage the XRP Ledger. The company was previously known as NewCoin and OpenCoin before adopting the name Ripple in 2013. XRP Ledger (XRPL) is a blockchain intended to provide a faster, cheaper, more scalable, and more sustainable alternative to the Bitcoin chain.

Yet, what is XRP? XRP is the native Ripple coin that enables transactions on the blockchain.

Transactions on XRPL take 3-5 seconds and cost around $0.0002 to transact. The blockchain can process 1,500 transactions a second and consumes less electricity than Bitcoin.

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Ripple (XRP) - Everything You Need to Know | The Future of Cryptocurrency!
Ripple (XRP) - Everything You Need to Know | The Future of Cryptocurrency!
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