Ripple refers to the digital currency (XRP) and the global payment network in which this currency is used.
The Ripple network was created in 2012 with the goal of freeing internet payments from exchange fees, transaction processing costs, and significant delays between sending and receiving payments.
Unlike some other cryptocurrencies, XRP is not generated through gradual mining; 100% of XRP was created at the network’s launch.
Therefore, Ripple can only be purchased or received as a gift.
This amount was divided into 100 billion tokens, each of which is divisible to six decimal places.
The smallest possible unit is 0.000001 XRP.
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