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Virtual currency compare list3/18/2023 ![]() The idea is to provide a system for direct transfer of assets (e.g. While Bitcoin is a digital currency intended as a means of payment for goods and services, Ripple is a payment settling, currency exchange and remittance system intended for banks and payment networks. Anyone considering it should be prepared to lose their entire investment. So in this post I try to explain what exactly Ripple is and what makes it different from Bitcoin.īefore I go into any more detail, always, remember that investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. ![]() I often get asked about the difference between Bitcoin (still the best known cryptocurrency based on blockchain) and Ripple. There is so much hype and confusion in the blockchain, distributed ledger and cryptocurrency world and one name that keeps increasignly coming up in that space is Ripple. ![]()
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