#TrumpTaxCuts How does Ripple (XRP) work?
Ripple operates on a decentralized payment protocol network that uses a consensus mechanism to validate transactions. Unlike Bitcoin, which uses mining (proof-of-work), Ripple employs a consensus process that requires little computing power and is designed to enable almost instantaneous transactions with very low fees. XRP, the native digital asset of the Ripple network, acts as a bridge between different currencies, allowing for the efficient exchange of any value.