Tag: consensus algorithm

XRP SWIFT replacement

XRP and the need for cross-border payment innovationTraditional cross-border payments are slow, costly, and opaque—XRP offers near-instant, low-fee transactions, revolutionizing global finance and addressing inefficiencies SWIFT has struggled with for…

XRP streaming payments

How XRP enables real-time micropaymentsXRP powers real-time micropayments by enabling instant, low-cost transactions across borders, making it seamless to transfer even fractions of a cent with near-zero latency and minimal…

XRP staking

Understanding XRP and its consensus mechanismXRP uses a unique consensus protocol, the XRP Ledger Consensus Protocol, enabling ultra-fast, energy-efficient transactions without traditional mining—setting it apart from proof-of-work and proof-of-stake blockchains.Current…