Ripple is unlike most cryptocurrencies in that it doesn’t use a blockchain to establish consensus for
transactions. Instead, it uses an iterative consensus process that makes it faster than the Bitcoin network, but
may also leave it more exposed to attacks.

The developers of a rival network called “Stellar Lumens” that used the same consensus ledger as Ripple
discovered that the system is unlikely to be safe when there is more than one node validating a transaction.

However, Ripple strongly disagreed with the conclusion and claimed Stellar had incorrectly implemented the
consensus mechanism and lacked some of the built-in protections that Ripple had supposedly built.

Ripple has seen some success in convincing large financial institutions, including Japan’s largest banks, to test
its blockchain and perhaps even implement it in the future.

More infomation:

Name: Ripple
Symbol: XRP
Max Supply: 100,000,000,000
Circulating Supply: 40,327,341,704
Total Supply: 99,991,850,794
Cryptographic Algorithm: –
Issue Price : 2011-04-18
Source Code:
Issue Price: –
White Paper:
Consensus Protocol: Proof of Correctness
Explorer 1:
Explorer 2:
Explorer 3:
Type: COIN
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