Hi Craig, thanks for your reply! No, I am not the author of the article, I am simply trying to help newbies see both sides of the story. Many people have seens great profits from trading tokens and much more have lost their entire savings by not really understanding what they're investing into. While I understand that there exists a level of bias in the article I try to see what is beyond their personal opinion and focus mainly on the information which I can then use as a tool to better myself and my trades. Thanks and GL!
Hello Alexis, Ripple is the company behind it's interledger technology which is referred to as RippleNet. RippleNet is essentially a private ledger between two parties which transmits data from one end to another at a very high rate of speed. XRP has absolutely no use to Ripple other than the fact that Ripple is using the cryptocurrency fad to obtain investments from XRP investors to grow Ripple and its backend blockchain technology. I hope that answers your question!
Latest Comments
XRP Lower Despite Ripple's Announcement Of New Partnerships Across Emerging Markets
Hi Craig, thanks for your reply! No, I am not the author of the article, I am simply trying to help newbies see both sides of the story. Many people have seens great profits from trading tokens and much more have lost their entire savings by not really understanding what they're investing into. While I understand that there exists a level of bias in the article I try to see what is beyond their personal opinion and focus mainly on the information which I can then use as a tool to better myself and my trades. Thanks and GL!
XRP Lower Despite Ripple's Announcement Of New Partnerships Across Emerging Markets
Hi Harry, thank you for your reply! Please scroll up and take a peek at the article that I posted. Good luck!
XRP Lower Despite Ripple's Announcement Of New Partnerships Across Emerging Markets
Here's a great article I found that should help explain the relationship between Ripple (the company) and XRP (the token). Thanks!
www.fool.com/.../...problem-facing-ripple-xrp.aspx
XRP Lower Despite Ripple's Announcement Of New Partnerships Across Emerging Markets
Hello Alexis, Ripple is the company behind it's interledger technology which is referred to as RippleNet. RippleNet is essentially a private ledger between two parties which transmits data from one end to another at a very high rate of speed. XRP has absolutely no use to Ripple other than the fact that Ripple is using the cryptocurrency fad to obtain investments from XRP investors to grow Ripple and its backend blockchain technology. I hope that answers your question!