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What currency is xrp?

XRP is a virtual currency issued by OpenCoin, also known as ripple currency or character currency and ripple currency. It is a virtual currency based on Ripple protocol, and its main functions are: preventing malicious attacks; Transitional currency.

Ripple Coin was created by Ripple LabsInc to solve the problems of slow transaction time and poor scalability of Bitcoin. Because blockchain focuses on speed and transaction throughput, it quickly ranks among the top three in CoinMarketCap.

By using both legal tender and cryptocurrency, platforms such as Ripple Coin are crucial for mainstream adoption. Through open source code and peer-to-peer distributed payment network, all new members in this field are taught encryption security rules.