XRP Dashboard
XRP
XRP is the native cryptocurrency of the Ripple network, designed to facilitate real-time cross-border payments at scale. Ripple's consensus algorithm, which doesn't rely on traditional mining, allows for faster and more energy-efficient transactions compared to Bitcoin and Ethereum. XRP aims to streamline international transfers by providing liquidity and reducing costs for financial institutions. It serves as a bridge currency, enabling seamless exchanges between different fiat currencies, positioning itself as a potential disruptor in the traditional banking and remittance sectors.
Token Supply: 100,000,000,000 XRP
Blockchain: XRP Ledger
Original Website: ripple.com
Token Address: N/A (XRP uses its own ledger, not a smart contract address)
Launch Date: 2012
Consensus Mechanism: Ripple's consensus algorithm (RPCA)