What is xrp crypto currency

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XRP RIPPLE: ITS CONFIRMED WE ARE OFFICIALLY SCREWED !!!!!
XRP is a digital currency that was designed to offer an alternative to Bitcoin. tokens are required to access Pro's Crypto Ecosysystem. XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. Built for enterprise use on a global scale, XRP powers. XRP is a cryptocurrency that has been developed, issued, and partially managed by US-based company Ripple Labs. XRP is one of the many products in Ripple Labs'.

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However, it has been estimated it will take approximately 70, years at its current burn rate for that to happen. What Is Cryptocurrency? It is a global payments network and counts major banks and financial services institutions among its customers. Go To Bitcoin Calculator. Ripple transactions use less energy than Bitcoin, are confirmed in seconds, and cost very little, whereas Bitcoin transactions use more energy, take longer to confirm, and include higher transaction costs.