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london
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4 Review
15 Karma

Review on XRP by triva yahne

Revainrating 4 out of 5

review about XRP

With the entry of digital currencies into the market, there are still many problems in the financial systems, and international and cross-border payment operations are still very slow. In fact, Ripple is both a platform and a digital currency! The Ripple platform is an open source protocol designed to speed up transactions and lower costs.
I think ripple really came up with a new idea. Even if cryptocurrencies grow a lot in the world, they can't succeed because they don't have the support of banks.
So XRP offers a new possibility, and I think that can make cryptos stable over time.

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Pros
  • Ripple's main focus is on banks and, like other digital currencies, does not have multiple rules on its network. Also, as I said in the review text, this currency will stabilize cryptos over time
  • Ripple has the ability to convert into any currency or commodity (such as gold).
Cons
  • In many ways, it is at odds with the basic principles of cryptocurrencies, the decentralized network.

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