What does Ripple Gateway mean (Ripple Coin Gateway)?
What does Ripple Gateway mean? According to cryptobriefing, Ripple Gateway refe
What does Ripple Gateway mean? According to cryptobriefing, Ripple Gateway refers to the transaction network that uses XRP. Through this network, users can engage in cryptocurrency exchange, conversion, and settlement services. When a transaction involves more than 10,000 addresses running on the blockchain, the system automatically provides corresponding services to users. This means that users need to utilize the digital assets stored in their wallets to complete cross-chain remittances or transfer operations (including sending/receiving payments).
Additionally, according to the official statement, Ripple Coin (XRPL) has network effects similar to Bitcoin or Litecoin: it enables payments, cashing out, buying, and selling operations without intermediaries.
Ripple Coin Gateway
According to bitcoinist, Ripple Coin Gateway (RippleNet) is a wallet and browser extension that currently supports Bitcoin, Ethereum, and some other mainstream digital currencies. Its main feature is allowing users to use any encrypted assets of their choice without intermediaries. Additionally, the software will enable users to send, receive, and exchange XRP by interacting with other wallets or applications.
According to information provided by the Ripple Coin community website, CryptoLink.org, “RippleNet” is a completely independent platform that allows traders to directly connect to the Ripple network and conduct transactions.
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