Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties. It is a product of the San-Francisco based fintech company Ripple Labs. Chris Larsen and Stellar founder Jed McCaleb created Ripple to connect banks, payment providers, cryptocurrency exchanges for real-time, cost-effective, global money transfers. What is XRP The protocol’s native crypto asset XRP powers all transaction activity on the Ripple Network or RippleNet. A shared public database/ledger called the XRP ledgerRead MoreThe post What is Ripple? How is XRP Related to Ripple? appeared first on Bitcoinist.com.
