What is Ripple?
Ripple is originally developed in 2012 and is the first global real time gross payment network. In addition, Ripple is a blockchain network that includes a payment system and a currency system. It is also known as XRP, which is not based on proof basis like Monero and Dash. Unlike many known crypto paranoids, Ripple is a coin which is non-mining-based, blockchain based called ‘ledger’ that is run entirely by a company.
The Ripple protocol is now being used by companies such as UBS, Santander Charted and increasingly in the financial services industry. Ripple has advantages such as a more secure distributed authentication process, as well as control not subject to price volatility.