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XRP

An Intro



Sponsored By Dev Null Productions

XRP is a digital asset in development by Ripple Labs (formerly OpenCoin) from 2012

Targeted towards financial applications, XRP has gained traction with Banks, Payments Providers, and the FinTech Industry

XRP works by employing a distributed ledger / concensus based blockchain, where nodes on the network, known as validators, periodically verify transactions on the network

Transactions fall into several categories

IOUs are ultimately issued by gateways, real world instituions responsible for managing client funds. It is up to each XRP user to extend trust lines to these gateways limited by the amount of trust they place in them

Gateways

How to use it

Pitfalls

References


Questions ?