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ABOUT HIS COIN

Digital currencies are now experiencing a real boom. Their quotes are watched as closely as the shares of the largest companies, and they have an increasingly significant impact on the economy. Everyone has heard of bitcoin, which has become a symbol of the cryptocurrency phenomenon due to its incredible growth in the past few years. But there are others. For example, someone in this case will call Ripple, although this is not exactly a cryptocurrency. Rather, it is a digital payment network based on blockchain technology. But it works on a specially developed protocol with its own digital currency.

So, Ripple is the name of the company and the cryptocurrency money transfer network, and already its coin is a full-fledged one, designed to work in this network and consistently included in the top five largest coins by capitalization. But for many people who do not understand the intricacies of how financial systems and transactions work, Ripple and its coin are synonymous, and when they come across any of these words, they think first of all about coins.

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