What Is Ripple Coin & How Does It Compare To Bitcoin?

What is ripple coin? Ripple is one of the digital currencies available for people to buy. Think about others that you have heard of, like Bitcoin for instance. Bitcoin was released well before the Ripple Cryptocurrency, but Ripple has been out for years now. It was released in 2012, and it is written in C++. Do you know what that means? Most people don’t know about the microscopic details of the digital currencies, only the information from the standpoint of consumers. It’s the crypto currency hype, and that is what has people paying attention to these Ripple (xrp) and other digital currencies that they don’t know much about.

Banks and Ripple

It is considered to be settlement infrastructure technology, and it has actually been given a lot of attention by banks. You see, banks and many other financial institutions sort of loathe digital currencies in general. However, many banks out there actually like the platform for Ripple. What is Ripple Coin? It is all about payment networks. Its popularity with banks has made the digital currency ranks 3rd in terms of its market cap.

Development Of Ripple XRP

You might be able to guess that Bitcoin still ranks 1st. Did you know that the development of Ripple all started back in 2004? It took 8 years for the currency to be developed and released. However, Ripple Pay as a system was actually released in 2005. Ryan Fugger was the person who came up with that system. It would be the collaboration of others that helped make Ripple into the digital currency opportunity you see today.

There is much more to learn about Ripple. It is an interesting digital currency for sure. Are you looking to invest in digital currencies? That are advantages to Ripple over Bitcoin and others, but you are going to have to look at all of them and decide for yourself.

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