Ripple - An Emerging Virtual Currency Giant

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Information about Ripple - An Emerging Virtual Currency Giant

Published on March 20, 2014

Author: Tradefast


Ripple XRP - An Emerging Virtual Currency Giant

Why Ripple ? • Much improved and latest for of digital currency • Aim is to help people break-free of the financial networks like credit cards, banks, PayPal and other institutions. • It’s quick , reliable and almost free. • No restrictions and completely hassle free.

Emergence of Ripple • Launched by Opencoin founded by technology entrepreneur Chris Larsen in 2012. • Ripple has received funding from Google Ventures, Andreessen Horowitz, and Lightspeed Venture Partners • Enables the transfer of funds in any currency to another user on the Ripple network within seconds. • It does not require currency exchanges. In fact, it is its own distributed currency exchange.

Ripple getting strong and popular • Ripple promises expedited transactions and increased stability. • Gateways are the major development in Ripple and plays vital role. • The measure of decentralization comparable to mining pools is still preserved by the system.

Ripple serve various purposes • A distributed open-source payment network. • The home of the newly minted XRP currency. • Sending, receiving, and holding any currency – not just one specific cryptocurrency – in a decentralized way. • Converting Bitcoins to Ripple XRPs is possible

Contact us To know more about Ripple and to use XRPs, visit us at :- • Website : • Facebook: • Twitter :

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