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  • Ripple (XRP) Challenges SEC Lawsuit - CoinQuora May 16, 2021
    submitted by /u/Coinquora_ [link] [comments]
  • Scalability May 16, 2021
    Hey beautiful people we should keep pushing and buying xrp let’s get more people interested and informed I think we could manage to between 1 and 2 months we could hit the 2 dollars marker submitted by /u/D13GP69 [link] [comments]
  • Posting fire memes May 16, 2021
    So guys, I’m out here trying to grow the community and makes some fire xrp memes and they got taken down for no damn reason. What gives? Do you guys want xrp to succeed or not? submitted by /u/Serious_Banana1903 [link] [comments]
  • Recovering xrp from toast May 16, 2021
    This is a long shot but I thought you guys might know. I have a little xrp from 2017 that I sent to toast wallet. I know that that's not being supported anymore but it seems like it still exists in some form? I know my wallet address and I checked and the xrp still […]
  • Daily Discussion Thread 05/16/21 [Join FlareXRP Discord] - May 16, 2021
    Hello! Welcome to our daily discussion thread. Discuss anything related to XRP, Flare Network, and Flare Finance. ​ Read r/Ripple sub rules before posting and check out the thread containing helpful links: ​ >>> Join FlareXRP Discord: This is a public Discord server with over 15k members and growing. It's 100% dedicated to […]
  • XRP will be more valuable than Bitcoin May 15, 2021
    DD: Bitcoin takes to much electricity to produce, to run. Soon will be a thing in the past. Whereas XRP has been applied to 100 of banking apps around the world. It is growing too big and too big, that is why the SEC wanted to take a piece of this delicous cake. SEC doesnt […]
  • XRP tax question: transferring cross border. May 15, 2021
    My wife has money back in her home country of Brazil and we live in the US. We were talking about methods of getting it here and XRP came to mind. If we buy XRP in Brazil and send it to an address here in US will this be taxed? I am very unfamiliar with […]
  • Ripple lawyers letter to Judge - Request to strike out disclosure May 15, 2021
    Latest correspondence from Ripple to the judge regarding disclosure - it appears that there is no basis to grant the SEC’s request to order Ripple to produce privileged communications beyond those it disclosed six years ago outside of litigation. Will Judge Sarah Netburn accept this? submitted by /u/FMXRP [link] [comments]
  • My unpopular opinion May 15, 2021
    One stakeholder owns much of the XRP. This makes companies hesitant to buy in, only one market maker becomes richer based one an individual or company using the system. It’s fair in the sense of the founders should become wealthy if they solved a problem. But how much of new wealth is going to one […]
  • Daily Discussion Thread 05/15/21 [Join FlareXRP Discord] - May 15, 2021
    Hello! Welcome to our daily discussion thread. Discuss anything related to XRP, Flare Network, and Flare Finance. ​ Read r/Ripple sub rules before posting and check out the thread containing helpful links: ​ >>> Join FlareXRP Discord: This is a public Discord server with over 15k members and growing. It's 100% dedicated to […]

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What Is Ripple ?

Ripple denoted as XRP is a peer to peer, open source and decentralized distributed system that transmits digital currency. Allow exchanges, payments, and remittance of funds. Ripple can be said to be both a currency and a payment system. Many banks, such as Santander, UBS, and UniCredit have adopted Ripple(XRP) as a payment network.

If you think, the two cryptocurrency giants ”Bitcoin and Ethereum” have taken all the juicy pies in the cryptocurrency market, you are in for a surprise because a customer-oriented currency has entered the arena and has taken the lead based on the current market capitalization. Ripple, the third largest cryptocurrency is currently worth over $10billion, and its token price has soared up to 3,300% over the last one year. This is an authoritative information you can bank on.

Ripple-like Bitcoin and Ethereum, all use a decentralized distributed system to transmit digital currency, providing transparency, security and immutability without the interference of the third party. But the similarities didn’t go beyond that; Ripple designed a unique platform for their customers.


Ripple has a dynamic team who are so dedicated to making Ripple(XRP), a force to reckon with in the cryptocurrency market. We have on their team, Mr. Brad Garlinghouse (the CEO of Ripple and a member of the Board of Directors), Asheesh Birla(VP of Products).Mr. Patrick Griffin(the SVP of Business Development), Brynly Llyr(General Counsel of Ripple), Monica Long(VP of Marketing), John Mitchell(SVP of Global Sales), Antoinette O’Gorman(Chief Compliance Officer), David Schwartz(Chief Cryptographer), Stefan Thomas(the CTO), Marcus Treacher(Global Head of Strategic Accounts) and Ron Will(Chief Financial Officer).


Practical Uses of Ripple

Banks use XRP for financial transactions.

Ripple(XRP) is bringing a solution to the problem of international remittance.

Since some banks have started adopting blockchain technology, XRP is a plug and play solution to most financial challenges banks face.

You can use Ripple as a currency to purchase goods, transact with any buyer or seller for anything online.

XRP is used to make payment and source liquidity.


Mining of Ripple

When a cryptographic problem is solved by a miner or a group of miners as being practiced recently, a new block is being added to the blockchain. The miner or team of miners are being rewarded with the commiserate amount of ripples. Please note, anyone can mine ripple as long as your hardware meets the requirements, you have a stable internet connection and also have the technical know-how.


How Does the Mining Work?

XRP is made explicitly for payment and transfers of currencies, but people are getting more interested in mining ripple.


Here are some ways in which one can mine ripple:

Cloud Mining: This is one of the preferred methods of mine ripple. All you to do is to connect to a  datacenter with a shared power and begin to mine. The advantage of this is that you don’t need a hardware for mine. Many mining companies are using this platform today to scam people; so one needs to be careful. Carefully choose a trustworthy company, you can rely on and start mining ripple.

  Mining Pool:  This is one mining method, I recommend to newbies in the mining business. All you need to do is to join a mining group(pool) to start mining ripple. You can find such mining pool from any cryptocurrency forum. When the mining pool solves a cryptocurrency problem, the reward of a fixed amount of ripple is given to the mining pool, and it will be shared based on one’s effort in resolving the problem.

Notes for investors

In January 2014, the ripple was $0.022, and as of August 2017, the price has risen to $0.155. It shows a steady progress but on a snail movement. Cryptocurrency analysts have predicted that the price to skyrocket in the coming months and their prediction was based on the developmental stride the ripple team has made in the last couple of months.                                                                         The area ones need to consider whether to invest in ripple or not, is their partnership with some notable banks; it gives confidence and hopes that there is a future in ripple.


This little report about ripple should not be seen as an endorsement to invest in ripple. Cryptocurrency investment is speculative and unpredictable, and it involves risks. The market is full of uncertainty, susceptible to attack and capital loss. There are many parameters one needs to check before investing. Don’t invest only based on what you have read here, but invest based on the fact that, you have sought advice. I wish you success!