Review on XRP by triva yahne
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.
