Review on XRP by Kamran Namazov
My ripple review
XRP is heavily supported by big business and the banks. So the price will be low enough to afford but not high enough to make a ton of money on unlessyou already invested big. They will control the price by adding more coins to the system in the future.
Unlike other cryptos, you can’t mine XRP. Each token is created by the institutions connected to the network. These tokens are then used for each specific transaction, meaning they can only be used once. Because of that, mining Ripple on an individual basis isn’t possible. Fortunately, you can buy Ripple. Because a certain number of coins have been distributed, they’re now available on exchanges.
Pros
- Market Cap of Ripple
- XRP is heavily supported by big business and the banks.
- Faster transactions
Cons
- Xrp is not decentralised
