Ripple is an open-source protocol that maintains a distributed database across a network. The servers in the Ripple network automatically reach consensus about which transactions to include in the database. This video is a step-by-step look at how servers in the Ripple network reache consensus.
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Galaxys uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Managing transactions and the issuing of bitcoins is carried out collectively by the network.
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