XRPSymbol: XRP
Description: Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system.
Start date: 02/02/2013
Proof type:
Algorithm:
Difficulty adjustment: 1 block
Website: https://ripple.com/
Twitter: Ripple
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