24h Change $ | Price CHF | Chart | |
---|---|---|---|
Ripple / XRP |
+3.41% |
0.47
CHF |
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Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners.
Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk.
Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system. There are 100 billion XRP at present.
based on the new block-chain technology ..
Within minutes, transactions are securely stored in the blockchain
Transaction fees are much cheaper than using banks ..