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Showing posts from November, 2018

Ripple Baby Steps

Ripple and XPR
What is Ripple for people in business and finance? Ripple is a currency exchange and payment settlement platform built using blockchain technology. Unlike Ethereum that is a more universal distributed application platform, Ripple solves a more narrow set of problems such as sending payments (similar to Bitcoin), currency remittance, payments for invoices, as well as number of other use cases related to payment in different currencies between parties that may or may not trust each other. Ripple is fast, scalable, and provides number of functions needed to support different payment scenarios. XPR is a native Ripple currency with a fixed and limited supply coins. 100 Billion XPR cryptocoins are in circulation today and the same number will be in circulation tomorrow. 
What is Ripple for a software engineer?  For a software developer, Ripple is distributed ledger platform accessible trough API. There are number of libraries to accommodate different developers's preferen…