27.03 - markets are recovering after the selloff
- Anna K.
- Hits: 3597
Second day of the week may be the hardest for the workers, but with markets, recovering as much as they do now, traders sure have it easier than at the end of last week.
Second day of the week may be the hardest for the workers, but with markets, recovering as much as they do now, traders sure have it easier than at the end of last week.
XRP is the native currency of the Ripple network. XRP are currently divisible to 6 decimal places, and the smallest unit is called a drop with 1 million drops equaling 1 XRP. There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules. As such, the system was designed so XRP is an asset with decreasing available supply. Not dependent on any third party for redemption, XRP is the only currency in the Ripple network that does not entail counterparty risk, and it is the only native digital asset.