Ripple was initially released in 2012 by Ripple Labs Inc., a tech company based out of the United States. It is a payment protocol that provides cheap and quick transactions, allowing for financial institutions to move large quantities of money in little time for next to no cost. The Ripple network is now fully operable, with a stable release (1.0.0) of the network having come out in May of 2018. The Ripple Foundation has been criticized by the cryptocurrency community for not being completely decentralized, as the foundation itself maintains control of the coin’s ledger.
CryptoScores.org is not a financial advisor nor does any of its governing members or affiliates hold such certifications. None of the content on this website nor any mode of communication such as Twitter, Reddit, or any other medium of communication, including private correspondence, constitutes financial advice. All content produced by Cryptoscores.org including Coin Scores, Investment Portfolios, Analysis Reports, and all other content is only the subjective opinion of Cryptoscores.org and is for general information only. Cryptocurrencies are speculative by nature and hold a risk of loss. All cryptocurrency users, traders, and investors are responsible for their own due diligence and research. Cryptoscores.org holds no responsibility for losses incurred or for performances in general. Trade at your Own Risk.
