Is Ripple Coin MLM (What is Ripple Coin)?
Is Ripple Coin MLM? According to official sources, is Ripple Coin MLM? Some neti
Is Ripple Coin MLM? According to official sources, is Ripple Coin MLM? Some netizens have revealed that a person named XRP (Ripple) is organizing a new digital currency project called “XRPL”. According to the official website, the focus of this project is to achieve decentralized bookkeeping methods for value transfer and asset transactions through blockchain technology, encryption algorithms, and consensus mechanisms, allowing users to make peer-to-peer transfers without the need for any third party, and also supporting anonymous payment methods.
In response to this, Odaily Planet Daily interviewed Mr. Duan Xinyue, the founder of Ripple Coin, who stated, “I have been involved in this industry since 2015.”
Prior to this, according to reports, at the end of 2016, Mr. Duan Xinyue was investigated for allegedly participating in a virtual investment institution called “Bitpanda” established by Redwood Capital and A16Z, at a time when Chinese investors were entering the Bitcoin market. He claimed to be the “world’s first virtual spokesperson.”
What is Ripple Coin?
According to Bitcoin News, Ripple Coin (XRP) is a type of blockchain technology. It uses a digital currency called “Ripple” to represent the demand for cryptocurrencies such as Bitcoin and Ethereum. The main function of Ripple Coin is to help developers achieve fast transaction speeds and low costs without compromising security, without the need to spend a lot of time verifying the code. This allows Ripple to provide more use cases, including payment systems and financial services, as well as faster payment confirmation times.
According to CEO Brad Garlinghouse, Ripple currently has over $50 million worth of tokens mined and is researching how to continue its development.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/24933/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
BlackRock Expects Federal Reserve to Raise Interest Rates Despite Banking Industry Pressure
It is reported that the investment research institute of BlackRock, the world’s largest asset management company, said that although the pressure of the banking industry is weakening investor confidence and tightening the financial environment, the Federal Reserve will still need to continue to raise interest rates to cope with inflation. The agency said that the current development will not cause the Federal Reserve to suspend interest rate increase. The current environment is different from that in 2008, when all monetary policy levers were used to support the economy. BlackRock: Although the banking industry is under pressure, it is expected that the Federal Reserve will continue to tighten monetary policy Analysis based on this information:According to the investment research institute of BlackRock, the pressure of the banking industry is weakening investor confidence and tightening the financial environment. Despite these challenges, BlackRock still expects the Federal Reserve to continue raising interest rates to cope with inflation. Inflation is typically controlled by raising…
-
Bitcoin Rewards App Fold Expands Partnership with Visa Worldwide
According to reports, the Bitcoin Rewards app Fold and Visa announced on Thursday that they have expanded their ongoing partnership. Visa will now become Fold\’s exclusive network p
-
Luno, the Popular Cryptocurrency Exchange, to Withdraw Services from Singapore Users by June 2023
It is reported that the cryptocurrency exchange Luno will stop providing services to Singapore users from June 20, 2023. Users need to extract all cryptocurrencies or Singapore dol
-
Solana Stable Currency Project “Cashio App” Transferred 3000 ETHs to Tornado Cash
According to reports, according to PeckShield monitoring, the Solana ecological algorithm stable currency project Cashio App has transferred about 3000 ETHs (approximately $5.1 mil
-
Converting Ed25519 Key Pairs to Curve25519: The Future of Asymmetric Encryption
On April 10th, Valentin, a member of the Solana community, initiated a proposal to create a standard that converts Ed25519 key pairs into Curve25519 key pairs designed for the Diff
-
Commemorative NFT “Foresee · Future – Sci & Tech Interconnection”: A Joint Venture by CryptoNatty and Shanghai Data Exchange
On April 12th, according to official Twitter, Cheers UP publisher CryptoNatty announced that it will jointly issue a commemorative NFT \”Foresee · Future – Sci& Tech Interconnection
-
NFT Project Founder Plans to Leverage BAYC and MAYC to Maximize Profits
It is reported that the founder of the NFT project rektGuy tweeted that \”after careful consideration, today we decided to use the current NFT liquidity to make…
-
Federal Reserve to Investigate Banks in Silicon Valley
It is reported that the Federal Reserve will investigate its supervision of banks in Silicon Valley and release its findings on May 1; Federal Reserve Vice Chairman Barr will lead the investigation; Federal Reserve Chairman Powell said that a rapid and in-depth investigation was needed around the issue of the Bank of Silicon Valley. The Federal Reserve will investigate its supervision of banks in Silicon Valley Analysis based on this information:The Federal Reserve has announced that it will conduct an investigation into its supervision of banks in Silicon Valley. The probe will be led by Federal Reserve Vice Chairman Barr, and the findings will be released on May 1. The move comes as concerns grow around the level of oversight provided by the Federal Reserve over banks operating in the tech hub of the United States. Federal Reserve Chairman Powell has emphasized the need for a rapid and in-depth investigation into the issue of the Bank of Silicon Valley. This…
-
Euler Finance Attackers Repay Stolen Digital Assets
According to reports, on April 4, 2023, Euler Finance attackers returned 12000000 DAIs and 10580 ETHs to the Euler project team, according to the Beosin EagleEye security risk moni
-
The Tax Revenue of NFT Series in the Past 7 Days
On February 25, according to Definitive data, the tax revenue of Bored Ape Yacht Club series NFT version reached US $487771 in the past 7 days; The tax revenue…
-
US SEC Considers Tightening Regulations on Cryptocurrencies After FTX Collapse
According to reports, Charles Gasparino, a senior reporter of FOX Business Network (FBN), revealed on social media that according to the information obtained b…
-
CryptoTechFin Secures Nearly 500,000 Euro in Pre-Seed Funding Round
According to reports, CryptoTechFin, a Spanish encryption startup, has completed a pre seed financing round worth nearly 500000 euros. This transaction is led by Not Just Investmen
-
What kind of talent does digital currency require (Conditions for digital currency)?
What kind of talent does digital currency require? What kind of talent does digi
-
Cryptocurrency investors withdraw record amounts as market uncertainty continues
It is reported that according to the CoinShares report, the net outflow of digital asset investment products last week was 254.5 million US dollars, hitting a record high in a single week. Among them, the net outflow of Bitcoin investment products was $243.5 million, the net outflow of Ethereum investment products was $11 million, and the net outflow of investment products short of Bitcoin was $1.2 million. Last week, the net outflow of digital asset investment products reached a new high of US $250 million Analysis based on this information:The cryptocurrency market saw its biggest weekly net outflow of investment products, with $254.5 million being withdrawn last week, according to a CoinShares report. This increase in outflow signals growing investor uncertainty in cryptocurrencies in general, and in Bitcoin in particular, as the net outflow of Bitcoin investment products soared to $243.5 million –its highest level since March 2020. Ethereum investment products also suffered a net outflow of $11 million, whereas…
-
How are Blocks Calculated for Hash Value (Block Height and Hash Value)
How are Blocks Calculated for Hash ValueMiners determine the hash rate of each t
-
The Rise of NFTs: Understanding the Trend and the Sale of the NFTy00ts #437 on Polygon
On April 3rd, according to OpenSea data, on April 3rd at 10:29:45 Beijing time, the NFTy00ts # 437 on Polygon was sold for 75 ETHs (approximately 133000 US dollars), setting a new