Ripple

XRP
0.42701 (0%)
Market cap 18,148,634,719
Volume (24h) 237,662,420
Min-max price (24h)
BTC: 0.000047372 (0%)
ETH: 0.0015863 (0%)
Public supply 42,501,950,124
Total supply 99,991,601,899
Start date Feb 2, 2013
1h 24h 7d 1m 6m
0% 0% 0% 0% 32.63%
  • ct.first
  • Rank 3
  • Coin
  • Blockchain platforms
Ripple - Banking blockchain

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks". It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. Ripples aren't mined but each transaction destroys a small amount of XRP which adds a deflationary measure into the system.

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