Ripple XRP is a cryptocurrency that validates transactions using a proprietary consensus mechanism. Unlike other cryptocurrencies that use Proof of Work or Proof of Stake, the Ripple Protocol Consensus Algorithm (RPCA) is used for consensus. RPCA is a consensus technique that enables distributed agreement across computers in a network. The XRP Ledger Consensus Protocol is intended to have the following important properties: everyone who uses the XRP Ledger can agree on the most recent state, as well as which transactions occurred in which order; all valid transactions are processed without the need for a central operator or a single point of failure.
Chapters:
00:00:00 What is Ripple (XRP)?
00:00:56 How Does Ripple Work?
00:01:22 Benefits of Ripple
00:01:57 Total Supply of Ripple
00:02:23 Market Cap of Ripple
00:02:40 All Time High and Low Value of Ripple
00:02:57 Top 3 Ripple Exchanges
00:03:16 Ripple Disadvantages
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