#TradingPairs101

⭐Curious facts about Ripple (XRP)🚀

1. It is not exactly a blockchain: Ripple uses a system called distributed ledger with its own consensus mechanism (RPCA), which does not require mining.

2. Ultra-fast speed: XRP transactions are confirmed in 3-5 seconds, much faster than $BTC or Ethereum.

3. Extremely low transaction cost: Each transaction costs a fraction of a cent (around $0.0002 USD).

4. Fee burning: Transaction fees are burned (destroyed), which slightly reduces the total supply over time.

5. Fixed maximum supply: There is a total of 100 billion XRP, and no more will be created.

6. RippleNet vs XRP: Ripple offers financial services (such as RippleNet) that do not necessarily require the use of XRP, although they may use it for on-demand liquidity (ODL).

7. Jed McCaleb, co-founder, left to found Stellar (XLM), another cryptocurrency focused on international payments.