Which blockchain network is XRP built on?

3 answers

• Nov 24, 2021 · 3 years ago
  XRP is built on its own blockchain network called the XRP Ledger. It is a decentralized and open-source blockchain technology that enables fast and low-cost transactions. The XRP Ledger is designed to be scalable and secure, making it suitable for various use cases in the financial industry.
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• Nov 24, 2021 · 3 years ago
  XRP is built on the XRP Ledger, which is a distributed ledger technology similar to blockchain. It uses a consensus algorithm called the Ripple Protocol Consensus Algorithm (RPCA) to validate transactions and maintain the integrity of the network. The XRP Ledger is known for its speed and scalability, making it a popular choice for financial institutions and remittance services.
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• Nov 24, 2021 · 3 years ago
  XRP is built on the XRP Ledger, a blockchain network that is maintained by a decentralized network of validators. The XRP Ledger is different from traditional blockchains as it does not rely on proof-of-work or proof-of-stake mechanisms. Instead, it uses a unique consensus algorithm that allows for fast and efficient transaction processing. The XRP Ledger is open-source, meaning anyone can contribute to its development and improvement.
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