#AirdropFinderGuide The cryptocurrency XRP is traded on the distributed ledger of Ripple. It is secured through what the project calls a consensus of validators. Anyone can be a validator, but unlike node operators in other cryptocurrency projects, this activity is not financially rewarding. Therefore, validators are often institutions that want to ensure the security of the Ripple network or large developers or investors.
Additionally, to participate in securing the network, validators must be approved by their peers. Ripple also recommends trusting the unique list of nodes to validate its transactions. This is a carefully selected list of validators. Of course, in such a context, XRP cannot operate with an energy-intensive algorithm like proof of work or the mining used by Bitcoin.
Therefore, Ripple has developed a very lightweight algorithm called the Ripple $XRP $XRP