XRP Price, News and Analysis (XRP)

The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature. (Description provided by CryptoCompare)

XRP can be purchased or sold on the following cryptocurrency exchanges: ZB.COM, Huobi, Bitbank, HitBTC, Binance, BCEX, Bitfinex, Bithumb, OKEx, Sistemkoin, Upbit, MBAex, CoinEgg, CoinBene, Bitstamp, Exrates, FCoin, Vebitcoin, Kraken, Poloniex, Coinone, Bitsane, Instant Bitex, DigiFinex, Bittrex, B2BX, Korbit, DragonEX, BtcTurk, Exmo, Bitlish, ABCC, Fatbtc, Gate.io, C2CX, CEX.IO, Bitstamp (Ripple Gateway), GOPAX, BX Thailand, Bitbns, RippleFox, Koineks, Gatehub, BTC Markets, Bitso, Ovis, Ripple China, OTCBTC, Coinsuper, Indodax, Coinsquare, Coinhub, Liquid, LiteBit.eu, Koinex, WazirX, Cryptomate, Zebpay, Independent Reserve, BitMarket, Altcoin Trader, Coinbe, Kuna, Bits Blockchain, Tripe Dice Exchange, Braziliex, BitBay, Coinrail, Coindeal, BitFlip, BTC Trade UA, CoinFalcon, Stellar Decentralized Exchange, Stellarport, OpenLedger DEX, Cryptohub, Bitinka, LakeBTC and Covesting.

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including XRP.

XRP produces its own wallet software that is available for download on its website, which allows you to store XRP on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

One XRP (XRP) is currently worth $0.33 on major cryptocurrency exchanges. You can also exchange one XRP for 0.00008363 bitcoin(s) on major exchanges. The value (or market capitalization) of all available XRP in U.S. dollars is $13.77 billion.

The official Reddit community (subreddit) for XRP is r/ripple.