This is fortune telling, maybe some research, but certainly not policy making #DYOR
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Table of contents:
1. What is Ripple XRP
3.1 Max. Supply
4. Price prediction
5. Official website
6. Where to buy XRP
7. Crypto taxes
What is Ripple XRP
Ripple is a payment protocol that uses blockchain technology to process international money transfers. It offers low transaction fees and extremely fast processing times, and it has partnered with hundreds of financial institutions that use its technology.
There’s a common misconception that Ripple is a cryptocurrency. Ripple itself is not a cryptocurrency, but it does have a native cryptocurrency called XRP. Those who like Ripple and want to invest in it can buy XRP.
Although Ripple has potential, it also has had some high-profile issues. Most notably, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against it at the end of 2020. If this crypto project caught your eye, here’s a complete look at its story so far and how it works.
Software developer Ryan Fugger came up with the first version of Ripple when he founded RipplePay in 2004. The site allowed people to extend credit to others in their community. This makes Ripple the rare crypto project that was around in some form before Bitcoin (CRYPTO:BTC), although it wasn’t a cryptocurrency at the time. Bitcoin’s anonymous creator, who used the pseudonym Satoshi Nakamoto, even mentioned Ripple once in an email.
Programmer Jed McCaleb started developing the XRP cryptocurrency and blockchain in 2011. He recruited a team, found investors, and approached Fugger about using his RipplePay network in 2012. Fugger agreed to hand over control of RipplePay.
They launched their company and the XRP cryptocurrency in 2012. The company was originally called NewCoin before changing the name to OpenCoin and…