What is Ripple XRP? XRP Explained

#ripple #ripplewallet

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What is Ripple XRP? Are Ripple and XRP synonymous?

XRP is a popular cryptocurrency that has been around a lot longer than people may think. This video goes over the XRP coin use case and Ripple's role as an XRP steward.

Leave your XRP price prediction in the comments!

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What is Ripple XRP? XRP Explained, chapters:

0:00 Introduction: Ripple and XRP are two different things
0:58 The merger that created Ripple: RipplePay merges with Open Coin
1:10 What is Ripple: Ripple provides a fintech enterprise solution for financial institutions allowing them move currencies across borders faster and more reliably on the RIpple Network.
1:35 How Does RippleNet Help Financial Institutions: RippleNet is faster than Bitcoin and can settle transactions within seconds.
1:57 How Does RippleNet work: Ripple uses the XRP ledger blockchain to track, process and guarantee all transactions.
2:08 Ripple Transactions & Power Consumption: Unlike Bitcoin, Ripple does not have a concept of mining, allowing XRP transaction fees to be low.
2:58 Ripple Advantages: Ripple is AML compliant, with fraud detection, sanction screening, and regulatory reporting in place.
3:26 What is the XRP Token: XRP provides On-Demand Liquidity for financial service providers within the Ripple network.

Exodus was created for visionaries looking to depart the traditional financial system.

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Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Past performance is not indicative of future results.

What is XRP Ripple with Layah Heilpern

[lebroncr]

What is Ripple's XRP? It is ALL THE MONEY

[ben.aka.bigben]

If people knew the real value of it when SEC case get resolved. This coin alone will retire people in a couple of years.

[muneirovalibas]

I only invest in promising DLTs with real backing and use cases.
1) Hedera Hashgraph
2) XRP

[danielbrooks]

XRP is super fast and a great way to move money around quickly.

[baires]

Im holding XRP for AT LEAST 10 years 😤😤😤

[kalanaviraj]

Wow my favourite wallet reviews my favourite cryptocurrency 😍😘

[robertlevi]

I'm holding XRP and XLM, one of them must rise, just saying.

[BaydreamR]

Seems to have legit utility in the digital money needs.

[srikanthdubbaka]

Exodus support spark airdrop xrp holders ?

[LiguoKong]

interested in knowing what the potential hurdles are and pros/cons vs other popular cryptos, since it has not taken over the world. Great video

[CharlieRocRevolution]

Ripple goes against the reason i have crypto in the first place. Still hodl some tho 😉

[cmloke]

When someone in US wants to send money to UK. USD is changed to XRP and when the recipient receives XRP he/she will change to GBP? What if, and what if the amount is big and no one wants to buy XRP with GBP? Or I am getting it wrong somewhere?

[VerticalFreedom]

Thanks for this update 🙏🏾 how long will we need to hold XRP in the exodus wallet after the snapshot to claim?

[matthamilton]

Layah, a pretty good video... but alas you have gotten a very fundamental point wrong. You have confused RippleNet and the XRP Ledger. You have several slides in which you have RippleNet as the title and then specifications of the XRP Ledger. RippleNet is a *private* network for Ripple customers and partners. It is totally separate to the XRP Ledger which is an open network for everyone to use. It is also a shame you once again have ignored all the other companies and use-cases of XRP beyond just what Ripple are doing.

[seanphillips]

Xrp has utility that's why the price will moon shot

[ancora]

Great video but the music is too loud.

[SolidGeddoe]

So is a ledger like a memory card or storage device? Is the xrp ledger the same thing as that?

[secreteman]

If chosen Xrp to 35 grand withing the next 7 years.

[bookemjones]

Just please tell when xrp is gonna go parabolic. Im starting to loose faith.

[fluentdee]

This girl has the brains & the looks!! Lord have mercy!! lol x