On which blockchain is XRP built?

3 answers

• Nov 27, 2021 · 3 years ago
  XRP is built on its own blockchain called the XRP Ledger. It is a decentralized, open-source blockchain that was created specifically for XRP. The XRP Ledger uses a consensus algorithm called the Ripple Protocol Consensus Algorithm (RPCA) to validate transactions and secure the network. It is designed to be fast, scalable, and efficient, with the ability to handle thousands of transactions per second.
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• Nov 27, 2021 · 3 years ago
  XRP is built on the XRP Ledger, which is a distributed ledger technology that enables fast and secure transactions. The XRP Ledger is different from other blockchains like Bitcoin and Ethereum in that it doesn't rely on mining to validate transactions. Instead, it uses a unique consensus algorithm that requires validators to agree on the order and validity of transactions. This makes XRP transactions faster and more energy-efficient compared to other cryptocurrencies.
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• Nov 27, 2021 · 3 years ago
  XRP is built on the XRP Ledger, a blockchain that was developed by Ripple. The XRP Ledger is designed to facilitate fast and low-cost transactions, making it ideal for cross-border payments. Unlike other blockchains, the XRP Ledger does not require mining and is not based on proof-of-work. Instead, it uses a consensus algorithm called the Ripple Protocol Consensus Algorithm (RPCA) to validate transactions. This allows the XRP Ledger to achieve high transaction throughput and low transaction fees.
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