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What is Ripple or XRP? Software or currency?

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Cryptocurrencies are increasingly present in our daily lives. In fact, they are commonly used on the internet to carry out different types of operations. Some participate in the so-called blockchain, that is, a system of ledger of blocks. This implies supervision of the currencies to confirm, basically, that the transactions are legitimate.
To have a more specific understanding of this type of digital currency, the following is an explanation of what Ripple or XRP is. This way, one can clarify the potential of each currency, what its original nature is, and what function it may serve.
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What is Ripple or XRP?
Ripple serves a dual purpose. It has the category of both platform and currency.
As an open-source code, it functions to perform fast, cheap, and efficient transactions, so it can be used as a mechanism to execute various types of interactive operations.
It is characterized by its security and speed, making it fully trustworthy, which is why it is used by numerous users daily.
In this case, it has the ability to control and perform international transactions, unlike Bitcoin which, essentially, has not managed to function as a payment system. This is where RippleNet plays an important role, a network of payment providers. They operate like banks that work with monetary services to send money to all parts of the world; that is, something similar to a credit card. Thus, it can be identified as a very complete system that maintains an international connection, something essential for doing business over the internet.
