4 Factors Affecting the Price of Ripple Right Now

[kreslik.news]

Ripple (XRP) is a cryptocurrency often compared with Bitcoin. After all, they do have a few things in common–both have gained reputations as large-market cap networks with potential to be adopted by the financial industry.

However, there is one key difference between Bitcoin and Ripple: Ripple is not actually based on blockchain technology. Instead, Ripple’s underlying technology is a similar kind of consensus-based distributed ledger.

[url=https://www.etoro.com/markets/btc?utm_medium=Media&utm_medium=Media&utm_source=50140&utm_source=50140&utm_content=0&utm_content=0&utm_serial=btvsbtc060618&utm_serial=&utm_campaign=btvsbtc060618&utm_campaign=&utm_term=&utm_term=]Time to buy the dip?[/url]

Ripple’s ledger uses a HashTree to summarize groups of transaction data into a single value. That value is then broadcast across validating servers for confirmation. Ripple’s creators argue that this kind ... (read more)