The low token price means that anyone with a small budget can contribute to Ripple, meaning XRP offers a great investment opportunity. ... If the price goes down, you can always add more to your position. Ripple transactions are much faster and cheaper than those the Bitcoin network offers.
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Thus, who runs on Ripple?
Ripple Labs
Key people | Ryan Fugger (Concept Originator) Alan Safahi (Advisory Board) David Schwartz (Chief Cryptographer and Chief Technology Officer) Ken Kurson (Advisory Board) Brad Garlinghouse (Chief Executive Officer) |
Products | Ripple Payment and Exchange Network |
Number of employees | 548 (2020) |
Website | Ripple.com |
Anyway, is XRP dead? NO! Ripple XRP is not dead.
One way or the other, how much does ripple charge per transaction?
Meanwhile, XRP's average transaction fee is currently USD 0.0002, and peaked at USD 0.42.
Does ripple replace Bitcoin?
No. Ripple is primarily intended for use in inter-bank transfers (to replace SWIFT). Bitcoin on the other hand is intended as a currency.