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Review on XRP by Dwayne Riggs

Revainrating 5 out of 5

XRP

XRP is the most widely used crypto-currency by the average consumer. The US dollar and the euro are the two biggest currencies in use. Bitcoin is the second most used currency. It's still very hard to buy things with Bitcoin, but the digital currency has the ability to provide an easy, reliable and secure way to store value. But what if I told you it 's easy to use, and secure? Bitcoin is a new cryptocurrency that provides this, as well as many other things like decentralized communication , anonymity, and decentralized exchanges . What makes it great? It 's a digital currency, not a commodity. With Bitcoin, you don't need to trust anyone to hold it. This means the currency is more anonymous. Bitcoin can be traded without knowing your actual bank account number, or a password for your online banking. Bitcoin does not require a central point of trust, such as a central exchange. This means there are no intermedi aries such as banks , or exchanges.

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Pros
  • XRP , and other cryptocurrencies. The New York Stock Exchange announced that they have launched an application called "the R UBSTAP" in order to implement the Ripple network for the stock exchange.
Cons
  • XRP 's blockchain for one-to-one and one- to-many transfers.

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