Cryptocurrency Q&A
What network is XRP built on?
What network is XRP built on?
TaekwondoMaster
Thu Apr 24 2025
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XRP is built on the XRP Ledger, a decentralized blockchain network created by Ripple Labs. This network allows for fast and efficient transactions, making it suitable for a variety of use cases including cross-border payments.
5 answers
alexander_rose_writer
Sat Apr 26 2025
Accessibility is a cornerstone of the XRP Ledger's architecture. The peer-to-peer network that governs this ledger is designed to be open and inclusive, welcoming participation from individuals and entities worldwide. This democratic approach ensures that the network remains robust and diverse.
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SamuraiCourageous
Sat Apr 26 2025
The maintenance and upkeep of the XRP Ledger are entrusted to a global collective of stakeholders. Software engineers play a crucial role in developing and refining the ledger's codebase, ensuring its security and efficiency. Server operators contribute by providing the computational resources necessary for network operations.
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Eleonora
Sat Apr 26 2025
Users also play an integral part in the XRP Ledger's ecosystem. Their transactions and interactions serve as the lifeblood of the network, driving its growth and evolution. By actively engaging with the ledger, users contribute to its decentralized nature and help shape its future.
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HanjiArtistry
Sat Apr 26 2025
Businesses too have a stake in the XRP Ledger's success. They can leverage its unique features to streamline cross-border payments, reduce transaction costs, and enhance transparency. This makes the XRP Ledger an invaluable asset for companies operating in today's globalized economy.
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EthereumLegend
Sat Apr 26 2025
The XRP Ledger represents a pivotal shift in the realm of blockchain technology, tailored specifically for business applications. It operates as a decentralized public blockchain, harnessing the power of distributed ledger technology to revolutionize commercial transactions.
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