WHY XRP WILL BECOME BIGGER THAN BITCOIN
Bitcoin is the currency that comes to every mind while talking about digital assets. But there are many other cryptocurrencies that are equally and even more valuable than bitcoin. This includes Ripple XRP and that because of its unique features will become bigger than the bitcoin. Let's find out together.
Hey Guys! Welcome back to crypto millionaires! A channel where we give information to you about investing in crypto! Please like and subscribe if you’re new here to get everything you need to know about cryptocurrencies. In today’s video, you will know the differences between XRP and Bitcoin that will help you distinguish which cryptocurrency is better. We will also shed some light on the environmental aspects of these two currencies and most importantly, what is going to make XRP the future but not the number one bitcoin.
What is XRP?
XRP is a token used for representing transfer of value across the Ripple Network. Different to bitcoin, where new coins are created (up the a capped level) as rewards for participants offering computing power to maintain the blockchain network, Ripple created 100 billion XRP coins at its inception.
What makes XRP different?
The important difference between the example above and Ripple is that with Ripple, trust relationships are automated on a blockchain that tracks all accounts, balances, and IOUs. This blockchain is the Ripple Ledger. Every participant in the network who can send transactions and/or holds XRP is defined as an account.
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Hope you guys enjoy this!
Bitcoin is the currency that comes to every mind while talking about digital assets. But there are many other cryptocurrencies that are equally and even more valuable than bitcoin. This includes Ripple XRP and that because of its unique features will become bigger than the bitcoin. Let's find out together.
Hey Guys! Welcome back to crypto millionaires! A channel where we give information to you about investing in crypto! Please like and subscribe if you’re new here to get everything you need to know about cryptocurrencies. In today’s video, you will know the differences between XRP and Bitcoin that will help you distinguish which cryptocurrency is better. We will also shed some light on the environmental aspects of these two currencies and most importantly, what is going to make XRP the future but not the number one bitcoin.
What is XRP?
XRP is a token used for representing transfer of value across the Ripple Network. Different to bitcoin, where new coins are created (up the a capped level) as rewards for participants offering computing power to maintain the blockchain network, Ripple created 100 billion XRP coins at its inception.
What makes XRP different?
The important difference between the example above and Ripple is that with Ripple, trust relationships are automated on a blockchain that tracks all accounts, balances, and IOUs. This blockchain is the Ripple Ledger. Every participant in the network who can send transactions and/or holds XRP is defined as an account.
_____________________________________________________
Hope you guys enjoy this!
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