#حل Today's word consists of four letters for the topic DeFAI
$XRP Ripple or XRP is a cryptocurrency belonging to the company "Ripple", specifically in English "Ripple Labs". Ripple is often referred to as the "Crypto Banks Project" due to its numerous partnerships with major names in the financial industry and banks at the forefront. In short, Ripple aims to implement a solution based on "ledger" technology or what is translated as distributed ledger that facilitates international settlements.
An overview of the digital currency XRP
Name: Ripple, and its abbreviation is XRP.
Year of Ripple's establishment: 2012.
Founders of the Ripple project: "Chris Larsen" and "Jedd McCaleb".
The technical document for the project can be accessed from the link.
The official website of the project can be found at the link.
Is Ripple currency mineable like Bitcoin? The answer is no.
The transaction validation algorithm in Ripple is the Ripple Protocol Consensus Algorithm (RPCA).
Is the coin supply limited? The answer is yes and it is capped at 100 billion XRP.
The smallest unit of XRP: it is called (a drop in Arabic) and its value is estimated at 0.000001 XRP.