What makes Ripple (XRP) special? - Crypto in Plain English - Episode 61 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it21 Joulu 2021

What makes Ripple (XRP) special? - Crypto in Plain English - Episode 61 - by cryptohunt.it

What makes Ripple (XRP) special?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, we dive into Ripple, one of the earliest cryptocurrencies out there.

Ripple is a virtual currency that targets banks and payment networks as clients. The idea behind Ripple is to replace the antiquated inter-bank payments systems. It is not designed for consumers like us.

And that differentiation makes it one of the most adopted crypto projects out there. Major commercial banks like Santander use the technology to move money around for example.

But note how we haven’t said a word about blockchains yet? That’s because Ripple doesn’t operate on blockchain technology. Instead, the Ripple company provides validation of transactions, meaning Ripple isn’t decentralized and the company is the sole entity that has full control over its future. There is still a permanent record of all transactions though, much like Bitcoin. All that makes Ripple extremely fast with very low fees for those banks.

Another thing to know about Ripple is that major exchanges in the US have halted trading of its token. That is because Ripple is currently being sued by the security exchange commission, the US agency that oversees the stock market. They allege that Ripple sold their tokens illegally to the public. So if you decide to trade Ripple, just understand it might be hard to sell in the US.

And that’s Ripple! And next time, we’ll talk about Terra Luna.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

Will quantum computing break crypto? - Crypto in Plain English - Episode 93 - by cryptohunt.it

Will quantum computing break crypto? - Crypto in Plain English - Episode 93 - by cryptohunt.it

Will quantum computing break crypto? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we’ll take a deeper look at an existential threat to bloc...

3 Helmi 20222min

What is the dark web and what does crypto have to do with it? - Crypto in Plain English - Episode 92 - by cryptohunt.it

What is the dark web and what does crypto have to do with it? - Crypto in Plain English - Episode 92 - by cryptohunt.it

What is the dark web and what does crypto have to do with it? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today’s episode explains what the dark ...

2 Helmi 20221min

What happened to Satoshi Nakamoto, the inventor of Bitcoin? - Crypto in Plain English - Episode 91 - by cryptohunt.it

What happened to Satoshi Nakamoto, the inventor of Bitcoin? - Crypto in Plain English - Episode 91 - by cryptohunt.it

What happened to Satoshi Nakamoto, the inventor of Bitcoin? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today’s episode about Satoshi Nakamoto so...

1 Helmi 20221min

What is a crypto winter? - Crypto in Plain English - Episode 90 - by cryptohunt.it

What is a crypto winter? - Crypto in Plain English - Episode 90 - by cryptohunt.it

What is a crypto winter? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we explain what insiders mean when they speak of a crypto winter. Sur...

31 Tammi 20221min

What is cold storage? - Crypto in Plain English - Episode 89 - by cryptohunt.it

What is cold storage? - Crypto in Plain English - Episode 89 - by cryptohunt.it

What is cold storage? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Last time, we discussed how moving crypto keys into a hardware wallet can provi...

28 Tammi 20221min

What is a crypto hardware wallet and should I have one? - Crypto in Plain English - Episode 88 - by cryptohunt.it

What is a crypto hardware wallet and should I have one? - Crypto in Plain English - Episode 88 - by cryptohunt.it

What is a crypto hardware wallet and should I have one? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, let’s understand what a crypto hardwar...

27 Tammi 20222min

How many Bitcoins have been lost forever (and where did they go)? - Crypto in Plain English - Episode 87 - by cryptohunt.it

How many Bitcoins have been lost forever (and where did they go)? - Crypto in Plain English - Episode 87 - by cryptohunt.it

How many Bitcoins have been lost forever (and where did they go)? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, let’s talk about lost Bitcoi...

26 Tammi 20222min

Why does every blockchain need its own token? - Crypto in Plain English - Episode 86 - by cryptohunt.it

Why does every blockchain need its own token? - Crypto in Plain English - Episode 86 - by cryptohunt.it

Why does every blockchain need its own token? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Have you always been curious why every blockchain has t...

25 Tammi 20221min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
rss-lahtijat
ostan-asuntoja-podcast
hyva-paha-johtaminen
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
rahapuhetta
lakicast
rss-porssipuhetta
rss-bisnesta-bebeja
rss-sisalto-kuntoon
rss-set-for-life-sijoita-ja-vaurastu
rss-rahataito-podcast
rss-paasipodi
rss-viisas-raha-podi