Showing posts with label XRP. Show all posts
Showing posts with label XRP. Show all posts

December 20, 2017

How Ripple (XRP) stacks up against other digital assets

By Team Ripple - December 11, 2017 (ripple.com)


Everyone is talking about the digital asset space. Wild price fluctuations, new XRP capital funds and Bitcoin (BTC) forks have made it virtually impossible for consumers or the financial industry to ignore the popularity and proliferation of these assets.

In fact, the digital asset landscape has grown so much that there are more than 1,300 types of assets on the market with a collective market cap of $450 billion as of this posting.

We examined the top digital assets for payments while comparing their speed, cost and scalability. Here’s what we found.


Which digital asset is the best for payments?

XRP is the only digital asset with a clear institutional use case designed to solve a multi-trillion dollar problem – the global payment and liquidity challenges that banks, payment providers and corporates face. In order to effectively solve this problem, speed, cost and scalability are of extreme importance. When you line up the top digital assets for these attributes, it’s clear that XRP is the winner.

XRP is part of a bigger vision


XRP is a key enabler of the Internet of Value — Ripple’s vision for making money move at the speed of digital information. XRP’s speed, transparency, and scalability help financial institutions move money like information moves today — in real time.

It’s no wonder that real institutional customers are using and finding value in XRP and governments, regulators and central banks are increasingly recognizing the role it could play in the global system.

For more information about XRP, visit our XRP Charts or learn how to buy XRP.

December 16, 2017

What are the best desktop and hardware wallets for Ripple (XRP)?

Rippex Desktop Wallet


When it comes to the desktop wallets for Ripple, Rippex is the most trusted and easiest way to store your Ripple (XRP) coins.

Many cryptocurrency enthusiasts prefer to store their coins on desktop wallets rather than on exchanges as this gives them complete control over them. Since Rippex is an open source wallet, it has a better trust score due to the fact that if there had been some security issues, it would have been noted by other advanced users.

Rippex wallet comes for Windows, Linux and Mac systems.

Following link gives a detailed information on installing and the use of Rippex wallet. Topics explained include, 
  • Create New Rippex Account
  • Deposit XRP to your Rippex Wallet
  • Sending XRP from Rippex Wallet
  • Viewing your Rippex Wallet
  • Questions/answers on some key points like "Regular Keys". (Ripple accounts can use Regular Keys. Regular keys can be created and revoked, and they allow Ripple users to use their accounts without exposing their master keys).
How to Guide for Using Rippex Wallet for Storing Ripple (XRP):-


Ledger Nano S Hardware Wallet


Desktop wallets are generally safe as long as your computer is not infected with malware like key loggers. However, if you are holding a large amount of Ripple (or any other cryptocurrency) it is advisable to go for a hardware wallet. Hardware wallets are one of the best ways to store your cryptocurrency safely, as they offer great security with ease of use.

Ledger Nano S, a leading hardware wallet, has earned top marks for its extreme reliability and competitive pricing and comes on top for safely storing your crypto currency and even tokens. It supports many popular cryptocurrencies including Bitcoin, Ethereum, Ripple, Dash, Zcash. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.

Ledger Nano S hardware wallet features:

LATEST GENERATION HARDWARE
When you own cryptocurrencies, you need to protect your confidential data and the access to your funds. With Ledger Nano S, secrets like private keys are never exposed: sensitive operations are isolated inside your hardware wallet within a state-of-the-art Secure Element, locked by a PIN code. Transactions can’t get tampered with, they are physically verified on the embedded screen with a simple press of a button.

PAY AND AUTHENTICATE
Ledger Nano S includes Bitcoin, Litecoin, Ethereum and Ethereum Classic companion apps, and other blockchain-based cryptocurrencies. You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device.

MULTI-CURRENCY
Ledger Nano S supports Bitcoin, Litecoin, Ethereum and altcoins: hold different assets in the same hardware wallet.

BUILT-IN DISPLAY
Check and confirm transactions on the display and confirm with using the physical buttons (anti-malware second factor).

SECURITY
Your confidential data is never exposed: it is secured inside a strongly isolated environment locked by a PIN code.

MULTI-APPS
Use companion apps such as cryptocurrencies wallets, and also FIDO® U2F, GPG, SSH or build your own applications.

FIDO® CERTIFIED U2F
Ledger Nano S supports the FIDO® Universal Second Factor authentication standard on Google, Dropbox, GitHub or Dashlane.

BACKUP & RESTORATION
Your accounts are backed up on a recovery sheet.


For more info, please click the image below:-

Ledger Nano S - The secure hardware wallet


December 13, 2017

How to buy Ripple (XRP)?

Ripple - Overview


Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.

With offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 100 customers around the world. 


How to buy Ripple (XRP)?


For institutional purchases and for individual purchases of Ripple, please visit following link. For individual purchases of Ripple, the link gives a comprehensive list of exchanges that accept cryptocurrencies (BTC, ETH) and fiat currencies (USD, EUR, JPY, CNY, INR, KRW, AUD, THB, MXN) for Ripple purchases.

Exchanges listed are: Bitstamp, Kraken, Gatehub, BtcxIndia, Coinone, Bitso, Coincheck, Korbit, Qryptos, Bitbank, Bitsane, Btcmarkets, Litebit.eu, Bx.en.th, Bitcoin.co.id, etc.

How to buy Ripple? : https://ripple.com/xrp/buy-xrp/


Best place to keep your coins is a hardware wallet.
 Ledger Nano S is the majority choice:
Ledger Nano S - The secure hardware wallet

Ripple price leaps 13% after company escrows 55 billion XRP

By Josiah Wilmoth - December 08, 2017 (www.cryptocoinsnews.com)

The ripple price received a 13 percent bump after the fintech startup revealed that it had put its 55 billion XRP tokens into escrow.

Ripple Price Rallies 13 Percent


The ripple price had spent the majority of the week in decline, falling from $0.254 on December 1 to $0.222 this morning. However, shortly before 1:00 UTC, the ripple price shot up as high as $0.272 before leveling off to a present value of $0.250 — a 12-hour gain of nearly 13 percent.

XRP Price Chart | Source: CoinMarketCap

Ripple’s daily trading volume swelled to nearly $700 million, with nearly half of that concentrated on the South Korean exchanges of Bithumb, Coinone, and Korbit.

Source: CoinMarketCap

Ripple Escrows 55 Billion XRP


The apparent justification for the upswing is the announcement that Ripple — the fintech startup behind XRP — had officially placed 55 billion of its estimated 61.8 billion XRP into escrow. Each month, 1 billion tokens will be unlocked for Ripple’s use, and any unused tokens will be placed back into escrow.

This development eliminated the threat that Ripple could flood the market with XRP, effectively crashing the price. Though highly unlikely, this scenario was possible since Ripple holds almost twice as many XRP than are currently in circulation. Now, XRP investors know with certainty the rate at which new tokens will enter the market, enabling them to better establish a fair value price for the token.

    “By securing the lion’s share of XRP in escrow, people can now mathematically verify the maximum supply that can enter the market. While Ripple has proved to be a responsible steward of XRP supply for almost five years – and has clearly demonstrated a tremendous track record of investing in and supporting the XRP ecosystem – this lockup eliminates any concern that Ripple could flood the market, which we’ve pointed out before is a scenario that would be bad for Ripple!,” the company wrote on its blog.

Ripple had announced its intention to escrow these tokens months ago, so the news had already been somewhat priced in. Nevertheless, the escrow’s execution provided the ripple price with another bump, enabling the fourth-largest cryptocurrency’s market cap to rise to $9.7 billion.


Posted by Josiah Wilmoth
Josiah is a former ancient and medieval literature teacher. He has been writing about cryptocurrency since 2014, and his work has been cited in Business Insider, NPR, and Yahoo! Finance. He lives in rural North Carolina with his wife and son. Email him directly at josiah.wilmoth(at)cryptocoinsnews.com.