What is Ripple? How is XRP Related to Ripple?

<br />Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties.  It is a product of the San-Francisco based fintech company Ripple Labs. Chris Larsen and Stellar founder Jed McCaleb created Ripple to connect banks, payment providers, cryptocurrency exchanges for real-time, cost-effective, global money transfers.  What is XRP The protocol’s native crypto asset XRP powers all transaction activity on the Ripple Network or RippleNet. A shared public database/ledger called the XRP ledger <br />Read More <br />The post What is Ripple? How is XRP Related to Ripple? appeared first on Bitcoinist.com.

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