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SOLD ALL MY Bitcoin - IS XRP Ripple a better investment? Martyn Lucas Investor
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SOLD ALL MY Bitcoin - IS XRP Ripple a better investment?
What is XRP?
XRP is the native digital asset of the XRP Ledger (XRPL), an open-source, decentralized technology that was launched in 2012. The XRPL is permissionless and offers several benefits including low-cost transactions, quick settlement times, scalability, and eco-friendly attributes. XRP, the digital currency, was introduced as an alternative to other digital currencies with a focus on speed and energy efficiency. The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol, making it a versatile tool in the digital currency space.
Bitcoin (BTC), founded in 2008, is a cryptocurrency powered by the Bitcoin blockchain—a peer-to-peer network for verifying transactions. That means BTC is borderless, decentralized, and transparent. BTC are "mined" or created through proof-of-work, a way for computers on the Bitcoin network to validate a new block of transactions. But BTC can't be mined forever. In fact, its anonymous creator(s), a person or group known as Satoshi Nakamoto, designed BTC to be scarce and deflationary. There can never be more than 21 million BTC. As of 2024, more than 19 million coins have already been mined
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