validators (designated servers) that deal with transactions. The algorithm’s data format is comparable to that of a blockchain because each new data block contains the hash of the one before it.<\/p>\r\n<p>Each transaction is processed equally across all servers in the network, and any transaction that complies with the protocol is immediately confirmed. Since no single participant makes decisions independently, all validated transactions can be performed without a risk of failure. Besides, for a transaction to reach consensus and be added to the XRP Ledger, it must be approved by a majority of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-node/">nodes (80%).<\/p>\r\n<h2>The Founders of XRP Ledger<\/h2>\r\n<p>In 2012, <strong>David Schwartz, Jed McCaleb, and Arthur Britto<\/strong> released the XRP Ledger together with the XRP token. Don't forget to check out the XRP price chart above if you’re interested in the current XRP price.<\/p>\r\n<p>However, in the same year, Jed McCaleb and Chris Larsen also co-founded OpenCoin, which later was renamed Ripple Labs and, eventually, Ripple. <strong>There’s often a misunderstanding of how exactly Ripple, XRP Ledger, XRP Coin, and Ripple Network are related.<\/strong><\/p>\r\n<p>Simply put, XRP Ledger is a blockchain, XRP is the native coin of that blockchain, Ripple Network is a worldwide payment network, and Ripple is the company behind it.<\/p>\r\n<p>Ripple was initially founded by Ryan Fugger in 2004. The protocol's central concept was the replacement of banks with a peer-to-peer network of financial relationships. At that time the whole crypto world was not invented yet.<\/p>\r\n<p>However, Fugger was approached in 2012 with a proposal for a creation of a digital currency by an American programmer and businessman Jed McCaleb together with Chris Larsen (an angel investor). After some deliberation, Ryan agreed to the proposal and allowed McCaleb and Larsen to create the Ripple protocol (RTXP) and the Ripple payment and exchange network.<\/p>\r\n<h2>What Is XRP?<\/h2>\r\n<p>As mentioned before, XRP is the native coin of the XRP Ledger. It was created with the thought of being better than <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin in terms of speed, cost, scalability, and so on. The max supply of XRP crypto assets is 100 billion coins. 80 billion of that supply was given to Ripple, while the remaining portion was distributed between founders.<\/p>\r\n<p>Essentially, <strong>XRP supplies liquidity<\/strong>, <strong>accelerates cross-border transactions, and<\/strong> <strong>serves as a link between conventional fiat currencies<\/strong>. This means that it can be used as a mediator while converting various fiat currencies. For example, imagine that, in order to exchange one fiat currency for another, you need to use US dollars because these currencies cannot be exchanged directly. XRP coins can be used instead of US dollars as a much faster and less costly alternative.<\/p>\r\n<p>Just keep in mind that the XRP price is quite volatile, just like many other currencies in the crypto market. Why? Essentially, when the market fluctuates due to various external or internal factors, the XRP price, alongside the prices of other assets, fluctuates as well.<\/p>","disclaimer":null,"url":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/xrp-xrp-price","crypto_currency_info":{"id":3,"crypto_currency_id":176,"description":"XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,989,656,524 with 48,121,609,012 in circulation. The last known price of XRP is 0.8379355 USD and is up 0.25 over the last 24 hours. It is currently trading on 695 active market(s) with $2,010,142,467.00 traded over the last 24 hours. More information can be found at https:\/\/xrpl.org\/.","tags":"[\"medium-of-exchange\",\"enterprise-solutions\",\"binance-chain\",\"arrington-xrp-capital-portfolio\",\"galaxy-digital-portfolio\",\"a16z-portfolio\",\"pantera-capital-portfolio\"]","platform":null,"category":"coin","cmc_logo":"https:\/\/s2.coinmarketcap.com\/static\/img\/coins\/64x64\/52.png","original_links":"{\"website\":[\"https:\\\/\\\/xrpl.org\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/Ripple\"],\"message_board\":[\"http:\\\/\\\/www.xrpchat.com\\\/\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"https:\\\/\\\/xrpscan.com\\\/\",\"https:\\\/\\\/blockchair.com\\\/ripple\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"],\"technical_doc\":[\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"],\"announcement\":[]}","links":"{\"website\":{\"xrpl.org\":\"https:\\\/\\\/xrpl.org\\\/\"},\"community\":{\"x.com\":\"https:\\\/\\\/x.com\\\/Ripple\",\"xrpchat.com\":\"http:\\\/\\\/www.xrpchat.com\\\/\",\"reddit.com\":\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"},\"explorer\":{\"xrpcharts.ripple.com\":\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"bithomp.com\":\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"xrpscan.com\":\"https:\\\/\\\/xrpscan.com\\\/\",\"blockchair.com\":\"https:\\\/\\\/blockchair.com\\\/ripple\",\"bscscan.com\":\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"},\"technical_doc\":\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\",\"source_code\":\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"}","data":"{\"id\":52,\"name\":\"XRP\",\"symbol\":\"XRP\",\"category\":\"coin\",\"description\":\"XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,989,656,524 with 48,121,609,012 in circulation. The last known price of XRP is 0.8379355 USD and is up 0.25 over the last 24 hours. It is currently trading on 695 active market(s) with $2,010,142,467.00 traded over the last 24 hours. More information can be found at https:\\\/\\\/xrpl.org\\\/.\",\"slug\":\"xrp\",\"logo\":\"https:\\\/\\\/s2.coinmarketcap.com\\\/static\\\/img\\\/coins\\\/64x64\\\/52.png\",\"subreddit\":\"ripple\",\"notice\":\"\",\"tags\":[\"medium-of-exchange\",\"enterprise-solutions\",\"binance-chain\",\"arrington-xrp-capital-portfolio\",\"galaxy-digital-portfolio\",\"a16z-portfolio\",\"pantera-capital-portfolio\"],\"tag-names\":[\"Medium of Exchange\",\"Enterprise Solutions\",\"Binance Chain\",\"Arrington XRP Capital Portfolio\",\"Galaxy Digital Portfolio\",\"a16z Portfolio\",\"Pantera Capital Portfolio\"],\"tag-groups\":[\"INDUSTRY\",\"INDUSTRY\",\"PLATFORM\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\"],\"urls\":{\"website\":[\"https:\\\/\\\/xrpl.org\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/Ripple\"],\"message_board\":[\"http:\\\/\\\/www.xrpchat.com\\\/\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"https:\\\/\\\/xrpscan.com\\\/\",\"https:\\\/\\\/blockchair.com\\\/ripple\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"],\"technical_doc\":[\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"],\"announcement\":[]},\"platform\":null,\"date_added\":\"2013-08-04T00:00:00.000Z\",\"twitter_username\":\"Ripple\",\"is_hidden\":0,\"date_launched\":null,\"contract_address\":[{\"contract_address\":\"0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\",\"platform\":{\"name\":\"BNB Smart Chain (BEP20)\",\"coin\":{\"id\":\"1839\",\"name\":\"BNB\",\"symbol\":\"BNB\",\"slug\":\"bnb\"}}},{\"contract_address\":\"0x9eaefb09fe4aabfbe6b1ca316a3c36afc83a393f\",\"platform\":{\"name\":\"Klaytn\",\"coin\":{\"id\":\"4256\",\"name\":\"Klaytn\",\"symbol\":\"KLAY\",\"slug\":\"klaytn\"}}}],\"self_reported_circulating_supply\":null,\"self_reported_tags\":null,\"self_reported_market_cap\":null}","launched_at":null,"created_at":"2022-03-25T14:20:16.000000Z","updated_at":"2023-05-18T14:34:11.000000Z"},"social_profile":{"id":172,"profilable_type":"CryptoCurrency","profilable_id":176,"twitter":"{\"name\":\"Ripple\",\"username\":\"@Ripple\",\"follower_count\":3192405,\"following_count\":1004,\"tweet_count\":9291,\"created_at\":\"2012-12-31 00:00:00\"}","reddit":"{\"subscribers\":382108,\"description\":\"Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. 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XRP is the fastest and most scalable digital asset today.\",\"created_at\":\"2009-10-14 00:00:00\",\"subreddit_type\":\"public\",\"subreddit_name\":\"r\\\/ripple\",\"moderators\":19,\"hot\":[{\"title\":\"Ripple Subreddit Rules, Partner Subs, and Helpful Links\",\"author\":\"nvok\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/qeseqd\\\/ripple_subreddit_rules_partner_subs_and_helpful\\\/\",\"created_at\":\"2021-10-24 13:42:12\",\"icons\":[]},{\"title\":\"12\\\/20\\\/25 [Join XRPhoenix Discord] - discord.com\\\/invite\\\/XRPhoenix\",\"author\":\"AutoModerator\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pr62pn\\\/122025_join_xrphoenix_discord\\\/\",\"created_at\":\"2025-12-20 05:00:33\",\"icons\":[]},{\"title\":\"The Real FUTURE of XRP\",\"author\":\"Queasy_Cycle6756\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pkbcsq\\\/the_real_future_of_xrp\\\/\",\"created_at\":\"2025-12-11 22:42:53\",\"icons\":[]},{\"title\":\"What do you guys think about XRP right now?\",\"author\":\"Quick_Guarantee8305\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pk31ib\\\/what_do_you_guys_think_about_xrp_right_now\\\/\",\"created_at\":\"2025-12-11 17:13:47\",\"icons\":[]},{\"title\":\"Five Themes that Defined Ripple Swell 2025 | Ripple\",\"author\":\"GabFromMars\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pitjd8\\\/five_themes_that_defined_ripple_swell_2025_ripple\\\/\",\"created_at\":\"2025-12-10 04:38:22\",\"icons\":[]},{\"title\":\"Linqto ballot deadline is Jan 16. Here's why voting matters for your Ripple claim\",\"author\":\"CoffeeRory14\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1phsuuu\\\/linqto_ballot_deadline_is_jan_16_heres_why_voting\\\/\",\"created_at\":\"2025-12-09 00:10:01\",\"icons\":[]},{\"title\":\"My unsatisfying exchange with Ripple's AI\",\"author\":\"anais9000\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pg8m0i\\\/my_unsatisfying_exchange_with_ripples_ai\\\/\",\"created_at\":\"2025-12-07 03:52:10\",\"icons\":[]},{\"title\":\"12\\\/06\\\/25 [Join XRPhoenix Discord] - discord.com\\\/invite\\\/XRPhoenix\",\"author\":\"AutoModerator\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pfgv5u\\\/120625_join_xrphoenix_discord\\\/\",\"created_at\":\"2025-12-06 05:00:37\",\"icons\":[]},{\"title\":\"Ripple's latest 4 acquisitions - Building the One-Stop Shop for Digital Asset Infrastructure\",\"author\":\"Crypto_Fluff\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pe53zq\\\/ripples_latest_4_acquisitions_building_the\\\/\",\"created_at\":\"2025-12-04 16:53:51\",\"icons\":[]},{\"title\":\"Anodos partners with palisade to launch first passkey wallet on XRPL\",\"author\":\"Panosmek\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1pe6b2m\\\/anodos_partners_with_palisade_to_launch_first\\\/\",\"created_at\":\"2025-12-04 17:38:00\",\"icons\":[]},{\"title\":\"Mexico - Street Art\",\"author\":\"ex-argh-pe\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1p02n13\\\/mexico_street_art\\\/\",\"created_at\":\"2025-11-18 04:31:49\",\"icons\":[]},{\"title\":\"Xrp fud is not the truth debunk this\",\"author\":\"[deleted]\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1p0kapu\\\/xrp_fud_is_not_the_truth_debunk_this\\\/\",\"created_at\":\"2025-11-18 18:48:41\",\"icons\":[]},{\"title\":\"Has Ripple Outfoxed Wall Street?\",\"author\":\"MinimumCountry9858\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1ovfbnu\\\/has_ripple_outfoxed_wall_street\\\/\",\"created_at\":\"2025-11-12 19:45:47\",\"icons\":[]},{\"title\":\"This shit is about to fly lol..\",\"author\":\"Next-Syrup6935\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1ou6lgh\\\/this_shit_is_about_to_fly_lol\\\/\",\"created_at\":\"2025-11-11 11:01:43\",\"icons\":[]},{\"title\":\"Ripple partners with Mastercard!\",\"author\":\"herezyZye\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1oqe3yb\\\/ripple_partners_with_mastercard\\\/\",\"created_at\":\"2025-11-06 23:11:31\",\"icons\":[]},{\"title\":\"Ripple Just Launched a Game-Changing Prime Brokerage Platform in the US!\",\"author\":\"Ill-Medicine-7496\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1oo6t3v\\\/ripple_just_launched_a_gamechanging_prime\\\/\",\"created_at\":\"2025-11-04 13:16:10\",\"icons\":[]},{\"title\":\"Recovering Father In Law's XRP and Toast Wallet\",\"author\":\"stickyaugust\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1oo8av1\\\/recovering_father_in_laws_xrp_and_toast_wallet\\\/\",\"created_at\":\"2025-11-04 14:17:12\",\"icons\":[]},{\"title\":\"Bitnomial Adds RLUSD and XRP as Margin Collateral, Expanding Crypto Derivatives Offerings\",\"author\":\"whorunbartertown420\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1ooa456\\\/bitnomial_adds_rlusd_and_xrp_as_margin_collateral\\\/\",\"created_at\":\"2025-11-04 15:27:36\",\"icons\":[]},{\"title\":\"It\\u2019s a Swell Day\",\"author\":\"wallet_street_cousin\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1oo9m53\\\/its_a_swell_day\\\/\",\"created_at\":\"2025-11-04 15:08:47\",\"icons\":[]},{\"title\":\"AWS\",\"author\":\"[deleted]\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1ojxy09\\\/aws\\\/\",\"created_at\":\"2025-10-30 12:10:34\",\"icons\":[]},{\"title\":\"Locked Toast Wallet...\",\"author\":\"LearningNumbers\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1ohi10r\\\/locked_toast_wallet\\\/\",\"created_at\":\"2025-10-27 15:48:44\",\"icons\":[]},{\"title\":\"Acquisition of Hidden Road aka Ripple\",\"author\":\"Neo_Awakens\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1of50ah\\\/acquisition_of_hidden_road_aka_ripple\\\/\",\"created_at\":\"2025-10-24 18:09:30\",\"icons\":[]},{\"title\":\"Walmart\\u2019s RLUSD Link-Up Eyes $3 Breakout For XRP\\u2019s Price\",\"author\":\"TeaPurpp\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1obo8bd\\\/walmarts_rlusd_linkup_eyes_3_breakout_for_xrps\\\/\",\"created_at\":\"2025-10-20 17:27:07\",\"icons\":[]},{\"title\":\"Mystery $500,000,000 XRP Transfer by Ripple Sparks Speculation: Details\",\"author\":\"Neo_Awakens\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1oa2b4s\\\/mystery_500000000_xrp_transfer_by_ripple_sparks\\\/\",\"created_at\":\"2025-10-18 17:49:43\",\"icons\":[]},{\"title\":\"10\\\/18\\\/25 [Join XRPhoenix Discord] - discord.com\\\/invite\\\/XRPhoenix\",\"author\":\"AutoModerator\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Ripple\\\/comments\\\/1o9lyer\\\/101825_join_xrphoenix_discord\\\/\",\"created_at\":\"2025-10-18 04:00:38\",\"icons\":[]}]}","github":"{\"stars\":4941,\"watchers\":513,\"forks\":1540,\"language\":\"C++\",\"license\":\"ISC License\",\"repo_name\":\"ripple\\\/rippled\",\"repo_link\":\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\",\"public_repos\":89,\"bio\":\"Open Source from Ripple, Inc.\",\"type\":\"Organization\",\"username\":\"ripple\",\"user_link\":\"https:\\\/\\\/github.com\\\/ripple\",\"created_at\":\"2013-01-01 00:00:00\"}","telegram":null,"domain":"{\"domain_rating\":75,\"ahrefs_top\":32312,\"traffic\":130843.23915837711,\"website\":\"https:\\\/\\\/xrpl.org\"}"},"halving_page":null}"
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