What does XRP mean?
XRP is a cryptocurrency running on the RippleNet digital payment platform. XRP Ledger is an open-sourceproject that is not based on Blockchain, but on a distributed database.
Who invented XRP?
The Ripple payment platform was invented in 2004 by Ryan Fugger,and built by Jed McCeleb and Chris Larson in 2012. At that time, another cryptocurrency name was OpenCoin.
How does XRP work?
XRP was created to become a fast, cheap and scalable alternative to cryptocurrencies and cash payment platforms such as SWIFT. The RippleNet book is maintained by the global Ripple community. XRP Ledger processes transactions approximately every 3 seconds.
How much does XRP cost?
The current price of XRP is below $1. It may change in the near future.
Where can I buy XRP?
Cryptocurrency can be purchased on any exchange offering trading in it.
Is it worth investing in XRP?
It is difficult to answer this question because cryptocurrency prices are extremely volatile and can easily succumb to speculation.