what is ripple xrp?
Ripple (XRP) is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions to provide a frictionless experience to send money globally.Ripple(XRP) is a system for exchanging many different assets digitally, where it differs from cryptocurrencies such as Bitcoin that was designed primarily as a digital asset to be used as a medium of exchange, Ripple is a real-time settlement system & currency exchange. Ripple (XRP) as cryptocurrency has got everyone’s attention for its robust transactions system, a well-built infrastructure and has proven the test of time.
Advantages of the Ripple Protocol
Cryptocurrency experts point at Ripple when they are asked about the digital tokens with the most potential for 2019 and beyond
- Almost forgery-proof
- Fast transactions
- Open standard
- Loans by IOU
- Stability and price factor
- Simple connection of payment networks
Disadvantages of the Ripple protocol
- XRP is not decentralized
- XRP is not the currency of the future
- The absence of Real World utilization