What is Ripple? (XRP)
The Beginner’s Guide
Launching in 2013, XRP aims to complement traditional payments, migrating transactions that occur today between databases controlled by financial institutions to a more open infrastructure.
One of the more ambitious cryptocurrencies to go live in the wake of Bitcoin, XRP is notable for a design that sparked continuing discussion about how blockchains can be architected and the use cases they should attempt to address. That’s because the XRP Ledger introduced a new way of operating a blockchain’s transaction and records system, one proponents argue makes it more suitable for regulated entities that must follow strict laws on money transmission.