Monday, January 8, 2018
What is Ripple Coin
Ripple is a digital currency (Cryptocurrency) similar to Bitcoin, which also adopts Blockchain technology with secure encryption and security. Ripple is also a global payment system connected to various currencies in the world. The Ripple currency unit is XRP which currently occupies the third position in the most popular digital currency ratings to date, while the first and second positions are occupied by Bitcoin (BTC) and Ethereum (ETH).
XRP exchange rate on January 1, 2018 then, the total value of XRP owned by Larsen could reach 37.3 billion US dollars. If calculated from January 1, 2017 to December 31, 2017, XRP owned Ripple recorded up 38,000 percent. The value per chip rose from 0.006 USD to 2.30 USD.
XRP itself has a different distribution with bitcoin. XRP tends to be centralized; with details of Ripple holding 61.3 billion XRP, including a total of 55 billion placed on escrow accounts. Only 38.7 billion XRP is up to now has spread to various users.
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