Ripple (XRP) facilitates a real-time gross settlement system (RTGS in currency exchange and remittance network using DLT. The consensus ensures that the implementations in the network are in the best interests of the protocol. Ripple is different from Bitcoin in that it is not mined. It does not require any energy or computing-intensive mining like in Bitcoin.
Sydney Ifergan, the crypto expert, tweeted: “Ripple (XRP) enjoys consistent publicity. In the past, Kutcher reportedly has stated Ripple is basically a platform to allow people to transfer money from bank account to bank account, person to person, really securely, really simply, really quickly.”
Kutcher statement suits Ripple perfectly. Of note, Ashton Kutcher is one of the XRPs very strong vocal supporters. Several other famous people have made statements about Ripple, but Kutcher explanation was simply apt.
Some Ripple enthusiasts state that Ripple (XRP) makes use of the crawl, walk and run strategy, and some members in the community are curious to know about whether Ripple is crawling, walking, or running in the current scenario.
In the current scenario, Ripple are doing their best in supporting people and companies worldwide making donations in the process of fighting against the coronavirus.
Chris Larsen, the Executive Chairman of Ripple, tweeted: “In times of crisis and calm, we can all step up to help our communities.”
Reportedly, the transactions made to Asian Countries and the Philippines have touched a new all-time high.
Some community members at XRP are like, “Man I’m all in! Don’t care if it take 10 years! I know what I have!”
Ripple has been tweeting about Dactyl. The engineering team of Ripple created Dactyl, which is a static site generator used to compile and build out technical content. Dactyl are solving some pain points, and they have been expressing how they have been doing it and how they built this new tool. Dactyl is reportedly considered to be a Heroic Doc Tool.
Ripple continues to make all efforts to make new connections and to expand their remittance capabilities. And, they are very clear about families are not to wait for their money for too long, particularly if the money is coming from overseas.
Networks like the RippleNet have what it takes to provide for a transformative experience for their customers, this providing peace of mind for customers with instant remittance. The way remittances are made is expected to get reshuffled in 2 years with Ripple making it cost-effective, convenient, and fast.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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