Major Event 💥💥 Institutions are entering with Ripple King Xrp!!!! Be cautious of shorting coins that institutions are manipulating, or you might end up like a frog croaking in the empty air!

Ripple is the native currency of the Ripple network, occupying a unique position in the global digital currency market. It relies on the Ripple network and aims to build a highly efficient, convenient, and low-cost global cross-border payment system.

Compared to traditional cross-border payment methods, Ripple has significant advantages. Its processing speed is extremely fast, able to complete a transaction in a matter of seconds, far quicker than traditional bank transfers which often take several days. At the same time, transaction costs are very low, which can save considerable expenses for enterprises and users during large cross-border payments.

The core technology of Ripple mainly includes the following aspects.

Ripple Protocol Consensus Algorithm (RPCA) is one of the key technologies. It is a distributed consensus mechanism, different from Bitcoin's proof of work (PoW). RPCA does not require consuming massive computing resources for mining like PoW. This consensus mechanism makes transaction confirmations within the Ripple network more efficient, allowing for quick transaction verification so that transactions can be completed in a matter of seconds.

Ripple also has its unique gateway system. Gateways serve as a bridge connecting the Ripple network with external financial systems. They can be banks, payment providers, and other financial institutions.

These gateways allow users to exchange different currencies (such as US dollars, euros, and other fiat currencies) or other digital assets with Ripple, enabling cross-border payments and other functionalities. Through the gateway system, Ripple can integrate various global payment channels, enhancing the speed and efficiency of fund transfers. #XRP解锁新趋势