What is Ripple (XRP)

What is RIPPLE?

Ripple is a platform built exclusively for enterprise use. It offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.

 

PROS

 
  • 1000+ transactions per second.
  • Low transaction fees. Currently $0.0004.
  • The Ripple Labs company has been earning revenue since 2012.
  • Strong team with global offices.

CONS

  • 100 billion XRP tokens generated with RIpple labs holding 61.4 Billion in escrow.
  • Remaining tokens could be released which would have an inflationary effect.
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