Cryptocurrency Q&A What is the XRP Ledger network?

What is the XRP Ledger network?

Eleonora Thu Apr 24 2025 | 5 answers 1042

The XRP Ledger, created by Ripple Labs, is an open-source blockchain technology designed for fast, efficient, and secure transactions. It utilizes a distributed ledger, storing transaction records across a network of validators, ensuring integrity. XRP, the native cryptocurrency, facilitates quick and simplified cross-border payments, aiming to enhance liquidity and connect different currencies. What is the XRP Ledger network?

What is the XRP Ledger network?

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