it was a coin by Google or something like that
Huh? A coin by Google? Are you sure about this? It would be amazing if a company as big as Google decided to launch their own coin.
Topic: What is a ripple? - page 3. (Read 2517 times)
Huh? A coin by Google? Are you sure about this? It would be amazing if a company as big as Google decided to launch their own coin.
it was a coin by Google or something like that
It's also a scam apparently. Have a look over on the alt coin section or google about it.
You mean Ripplescam.org? Didn't TradeFortress own that website or something?
I think it is not completely decentralized, but distributed. And it is backed by a for-profit company. Or perhaps I am thinking of something else?
It's also a scam apparently. Have a look over on the alt coin section or google about it.
From Wikipedia.org:
Link: http://www.crosscoinventures.com/what-is-ripple/
I don't know too much about it, but I think it has something called "gateways" that make it work like a decentralized exchange. It lets you transfer and convert a variety of currencies using the gateways and XRP is the currency used internally within the Ripple ecosystem to facilitate this.
Quote from: Wikipedia
Ripple is a payment system, currency exchange and remittance network by Ripple Labs. It is built upon a distributed, open source internet protocol, consensus ledger and native currency called ripples (XRP). The Ripple network purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks". It supports any fiat currency (dollars, yen, etc.), cryptocurrency (bitcoin, litecoin, etc.), commodity or other unit of value (frequent flier miles, mobile minutes, etc.).
Quote from: CrossCoin Ventures
Ripple is the most successful Crypto 2.0 protocol. Ripple is an open source, peer-to-peer payments system with 3 – 5 second transaction clear times. Ripple lets you transfer any asset across the network, with automatic currency conversion and fast settlement, while featuring the irreversibility, distributed robustness, and negligible fees that come with cryptocurrency technology.
Link: http://www.crosscoinventures.com/what-is-ripple/
I don't know too much about it, but I think it has something called "gateways" that make it work like a decentralized exchange. It lets you transfer and convert a variety of currencies using the gateways and XRP is the currency used internally within the Ripple ecosystem to facilitate this.
Can any body tell me what does this mean in the world of BTC?
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