XRP
P
Crypto
Decentralised Networks
USD 3.12-0.77%
XRP
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2013
Year of creation
Description
XRP (P) is a Decentralised Networks crypto coin. XRP`s origin block was generated on 2013-08-04. More information can be found at https://xrpl.org/.
Key Technical Advantages:
Ripple Protocol Consensus Algorithm aims to achieve correctness, agreement, and utility in distributed payment systems. The algorithm is designed to be robust against both standard and Byzantine failures in the network. Ripple Protocol Components: Server, Ledger, Last-Closed Ledger, Open Ledger, Unique Node List (UNL), and Proposer, which help define the consensus process in the network. Ripple Protocol consensus algorithm (RPCA): A consensus algorithm applied by all nodes every few seconds to maintain network correctness and agreement, resulting in a last-closed ledger. Correctness, Agreement, and Utility: RPCA ensures strong correctness with up to (n-1)/5 Byzantine failures, agreement by meeting UNL-connectedness conditions, and utility through convergence, heuristics, and procedures like latency bounds and split detection. Content summarized by AI chatbotSource:
https://ripple.com/files/ripple_consensus_whitepaper.pdfKey figures
484%1Y
401%3Y
1,310%5Y
Performance
3/ 31D
3/ 21M
3/ 01Y
Highs/ Lows
13.09.2022
USD 3.40
All Time High
91.70%
% of All Time High
-95.94%All Time
-9.75%1 year
Max drawdown
#3
Ranking by Market Cap
179,246.98 M
Market cap (USD)
0.00%
% of Market
955.310 B
Category Market Cap (USD)
18.76%
% of Category
99986586496
Circulating Supply
57641211234
Liquid Supply
57.65%
Liquid/ Circulating Supply
100000000000
Max Supply
99.99%
Circulating/ Max Supply
2897824550
Volume Traded
1.84%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
4.00
Innovation:
4.00
Society:
1.00
Nature:
1.00
Florian Hagen
Gambling
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