News for hackers. Stuff that matters.
Re:Basic Ripple Explanation by atticusberg on Tuesday March 06, 2018 @02:38PM (#16531396)
TLDR: The Ripple platform is intended for use by large financial institutions to facilitate the exchange of one asset for another (e.g. USD for EUR or gold buillon for XRP). XRP's primary use is as a bridge currency and it can facilitate conversions like USD -> XRP -> EUR or gold -> XRP -> JPY.