Review on XRP by Maximiliano Aquino
Ripple
Ripple is a cryptocurrency created basically to end the problem of time and cost in financial transactions, its network was created specifically to cater to bank transactions, perhaps because of this the distrust of many cryptocurrency fans in relation to XRP its native currency. Why this resistance? For the sole reason: cryptocurrencies have a decentralized purpose, and of free will we say so, therefore, a centralized currency and aimed at large financial corporations would not be a request for these cryptographic users is not it !! But Ripple has a fast network and is currently among the top 5 in the crypto market, which shows strength behind its project and another point that counts in favor and the low usage rates of its network.
Pros
- Speed and low rates
- Large volume of liquidity is traded on a wide variety of exchanges
Cons
- its centralization and involvement of large banking corporations.
