XRP XRP (Cryptocurrency) Color Changing Mug 11oz

XRP (Cryptocurrency) XRP is a digital asset native to the Ripple platform, an open-source technology that focuses on cross-border payments and money transfers. Created in 2012, Ripple and its associated XRP token were developed with the aim of improving global financial transactions by reducing their cost, increasing speed, and enhancing security. The Ripple network utilizes a consensus ledger system called the Ripple Consensus Ledger (RCL), which differs from other blockchain systems in that it does not rely on proof-of-work or proof-of-stake mechanisms for validation. Instead, the RCL uses a unique consensus mechanism known as the Ripple Protocol Consensus Algorithm (RPCA). As of now, XRP ranks among the top cryptocurrencies by market capitalization. It is important to note that while Ripple the company manages and utilizes a large portion of XRP tokens for various purposes, such as partnerships and payments, it does not control the underlying technology or the XRP ledger.