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XRP Price data by YCharts. Incredibly, XRP has generated a 10-year gain of over 20,000%. As impressive as this astronomical return is, though, you would have been better off buying Bitcoin after ...
With its price up about 240% year to date, Ripple's native token, XRP (CRYPTO: XRP), is one of several cryptocurrencies that have soared in response to Donald Trump's presidential election victory.
From 2020 until now, Ripple has lost partners and customers. It has been forced to scale back its U.S. market presence and focus on overseas markets instead. And it has had to pay an estimated ...
Ripple [26] [27] XRP Chris Larsen & Jed McCaleb [28] ECDSA [29] C++ [30] "Consensus" Designed for peer-to-peer debt transfer. Not based on bitcoin. 2013 Nxt: NXT BCNext (pseudonym) SHA-256d [31] Java [32] PoS: Specifically designed as a flexible platform to build applications and financial services around its protocol. 2014 Auroracoin: AUR ...
The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
A judge imposed a small-than-expected $125 million fine on Ripple, the company that operates XRP. But the SEC wasn't happy with that ruling, and the agency recently filed a notice of appeal .
In December 2019, Garlinghouse announced that Ripple had raised a $200M series C funding round from Tetragon, SBI Ventures and Route 66 Ventures. [9] In 2020 Garlinghouse admitted that Ripple Labs would be losing money if it did not have the revenue generated from the sales of the XRP cryptocurrency. [10]
This coin has been extremely volatile in the past several years.