What is the difference between XRPL and XRP in the world of cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  XRPL, short for XRP Ledger, is a decentralized blockchain technology that serves as the underlying infrastructure for XRP. It is designed to facilitate fast and low-cost transactions, making it ideal for cross-border payments and remittances. On the other hand, XRP is the native digital asset of the XRPL. It is used as a bridge currency for facilitating transactions between different fiat currencies. While XRPL is the technology, XRP is the digital asset that powers the network.
  483242
• Dec 16, 2021 · 3 years ago
  In simple terms, XRPL is like the engine that powers the XRP network. It ensures that transactions are processed quickly and securely. XRP, on the other hand, is like the fuel that powers the engine. It is used to facilitate transactions and ensure liquidity within the network. Without XRPL, XRP would not be able to function as a digital asset for cross-border payments.
  372124
• Dec 16, 2021 · 3 years ago
  XRPL, also known as XRP Ledger, is a decentralized blockchain protocol that enables fast and secure transactions. It is open-source and can be used by anyone. XRP, on the other hand, is the digital asset that is native to the XRPL. It has a fixed supply of 100 billion tokens and is used for various purposes, including facilitating transactions and providing liquidity. XRPL and XRP work together to create a seamless and efficient payment network.
  449113