Basics of XRP and Issued Currency
Basics of XRP and Issued Currency

Basics of XRP and Issued Currency

Basics of XRP and Issued Currency

Intro

Some concepts of XRP and XRP Ledger.

Video

Topics covered

  • Why use XRP Ledger?
  • Key features of XRP Ledger.
  • Transaction Fees are burnt and not paid to anybody.+
  • Brief history XRP Ledger.
  • More about Issued Currency.
  • Difference between XRP and Issued Currency.

Future Topic

  • There is an amendment proposal, which enabled Escrow and PaymentChannel features to tokens. If that happens, I’ll make another video explaining how to make use of these features for issued currencies or tokens.

References

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Final tip: Ripple is the company and XRP is the native currency on XRP Ledger. XRP Ledger is independent of Ripple or any other company. XRP Ledger is decentralised.
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https://xrpl-labs.com

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