WHY XRP WILL REPLACE BITCOIN
Bitcoin has always been the king of crypto currency but XRP is in great competition with it. A question arises here that will XRP replace the bitcoin in this race? Lets find out.
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 crypto currencies. At the end of this video, you will now that which crypto currency is better and will XRP be replacing Bitcoin. So, without any further delay, lets start the video!
Guys, while is a digital currency intended as a means of payment for goods and services, Ripple is a payment settling, currency exchange and remittance system intended for banks and payment networks. The idea is to provide a system for direct transfer of assets (e.g. money, gold, etc.) that settles in almost real-time, and is a cheaper, more transparent and secure alternative to transfer systems used by banks today,
XRP VS BITCOIN
Guys you must have heard about two of the most popular cryptocurrencies, Bitcoin and Ripple, but you’re not sure that what is the difference between Ripple XRP and Bitcoin? Or maybe you know what they do, but you’re not sure how the technology of these two cryptocurrencies compares? Either way, hold on tight, as I’m about to teach you everything you need to know!
Before discussing the main topic about XRP emerging as the new bitcoin we should know the basics of these two crypto currencies. That is why I am going to talk about these two things their purpose, their transaction speeds, their mining process and the total coin supply of both projects.
By the end of this video, you will have all the information you need to decide which cryptocurrency is better. So, let’s dive right into this discussion!
So, guys in their simplest form, both Bitcoin and Ripple are cryptocurrencies that are supported by blockchain technology, which allows people from all over the world to use these blockchains to send and receive funds. Both projects have their native coin, which can be purchased online at a third-party exchange.
XRP is a asset or Ripple, we are going to talk about the xrp news today and the xrp price prediction and analytics of 2021, with Crypto Millionaires we talk about the live analytics of ripple (XRP) and we will keep you up to date for every XRP PUMP and the Xrp court case thats going on right now!
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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