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XRP Ripple 0.48%

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HistoryPrediction: #
Details
Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system. There are 100 billion XRP at present.
Launch
02.02.2013
Algorithm
N/A
Proof type(s)
N/A
Website

* PoW: Proof-of-Work || * PoS: Proof-of-Stake || * PoC: Proof-of-Capacity