Ripple (XRP)

INFO DETAILS
Created Feb 2013
Coin Proof Proof of Correctness
Algorithm Interledger Protocol
Supply 31,908,551,587

Ripple Info

While several consensus algorithms exist for the Byzantine Generals Problem, specifically as it pertains to distributed payment systems, many suffer from high latency induced by the requirement that all nodes within the network communicate synchronously.

Ripple presents a novel consensus algorithm that circumvents this requirement by utilizing collectively-trusted subnetworks within the larger network. The “trust” required of these subnetworks is in fact minimal and can be further reduced with principled choice of the member nodes.

In addition, minimal connectivity is required to maintain agreement throughout the whole network. The result is a low-latency consensus algorithm which still maintains robustness in the face of Byzantine failures. This algorithm is presented in its embodiment in the Ripple Protocol. - source


XRP
Ripple
% 1h
0.08
% 24h
1.94
% 7d
2.86
USD
0.533
BTC
0.0000802
CNY
3.45

Latest Tweets

Ripple's Twitter avatar
Ripple
@Ripple

Read @readDanwrite’s interview with @CoryTV’s on why there is so much allegiance to different digital assets and th… t.co/z5MBSS6Jwo

Ripple's Twitter avatar
Ripple
@Ripple

"Moving money across borders might not seem that exciting, but if you think about what it means for the global econ… t.co/Sh9fjeUuL1

Ripple's Twitter avatar
Ripple
@Ripple

We keep receiving incredible letters from kids across the country! We’re proud to support kids and teachers with… t.co/8LZigtVXRN

Ripple's Twitter avatar
Ripple
@Ripple

#xRapid could provide a potential global savings of $16.5 billion. Read more about what that means for end users ar… t.co/MMWhkGpjKo

Buy | BTC - ETH - LTC